Funds

Mercer Core Global Shares Fund

Total Ethical Concerns: 11.69%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

  • Animal Cruelty 2.59%

    • Koninklijke Ahold Delhaize Nv
      0.88%
      0.88%
    • Hermès International Sca
      0.19%
      0.19%
    • Tyson Foods Inc
      0.18%
      0.18%
    • Colgate-Palmolive Co.
      0.17%
      0.17%
    • Eni Spa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Otsuka Holdings Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations 3.36%

    • 2.41%
    • 0.13%
    • General Motors
      0.05%
      0.05%
    • Ubs
      0.04%
      0.04%
    • Ck Hutchison
      0.01%
      0.01%
  • Social Harm 0.95%

  • Fossil Fuels 2.55%

    • Engie SA
      0.55%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.55%
    • Itochu Corp.
      0.48%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.48%
    • Atmos Energy Corp.
      0.39%
      0.39%
    • BP
      0.31%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.31%
    • OMV AG
      0.19%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.19%
    • Eni Spa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Repsol
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Barrick Gold
      0.07%
      0.07%
    • Enbridge, Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Equinor Asa
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Japan Petroleum Exploration Co., Ltd.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Suncor Energy, Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Targa Resources Corp.
      0.03%
      0.03%
    • Loews Corp.
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      0.01%
    • Dominion Energy, Inc.
      0.01%
      0.01%
    • Franco-Nevada Corp.
      0.01%
      0.01%
    • Hera Spa
      0.01%
      0.01%
  • Weapons 2.01%

    • Amphenol Corp.
      0.73%
      0.73%
    • Mtu Aero Engines AG
      0.70%
      0.70%
    • Dassault Aviation SA
      0.28%
      0.28%
    • Rheinmetall AG
      0.27%
      0.27%
    • Howmet Aerospace, Inc.
      0.03%
      0.03%
  • Environmental Harm 0.46%

    • Pepsico
      0.19%
      0.19%
    • 0.08%
    • Barrick Gold
      0.07%
      0.07%
    • Archer-Daniels Midland
      0.05%
      0.05%
    • Mondelez
      0.04%
      0.04%
    • Nutrien Ltd.
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The fund invests in shares listed on share markets predominately in developed economies. The portfolio uses multiple managers and is diversified by region, manager and investment approaches. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes. The fund aims to provide a Gross Return above the return of the MSCI World ex Tobacco Index with net dividends reinvested (in NZD) on a rolling three-year basis.

    Value $53.0M NZD
    Period of data report 31st March 2025
    Fund started 26th Nov. 2007
    Total annual fund fees 1.49%
    Total performance based fees 0.0%
    Manager's basic fee 1.15%
    Other management and administration charges 0.34%
    Total other charges 0.0
    Total other charges currency NZD

    Ross Butler

    Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
    Previously: Director - Mercer Investments (Australia) Limited (10 years, 4 months)

    Martin Lewington

    Currently: CEO - Mercer (N.Z.) Ltd (16 years, 1 months)
    Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

    Kylie Willment

    Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 5 months)
    Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

    Padraig Brown

    Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 10 months)
    Previously: Head of Real Estate Investment Management, Mercer Australia (Pty) Ltd (11 years, 2 months)

    Robert Kavanagh

    Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (11 years, 0 months)
    Previously: Vice President - Account Management PIMCO Australia Pty Limited (7 years, 0 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    Past Returns

    Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

    Year Market Average Fund Annual Return
    2025 4.07% 10.05%
    2024 15.78% 35.31%
    2023 -4.85% 4.04%
    2022 3.53% 5.42%
    2021 35.55% 27.38%
    2020 -7.06% -1.35%
    2019 10.17% 5.94%
    2018 7.53% 8.68%
    2017 9.49% 12.23%
    2016 4.71% 5.48%

    The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Investments

    Top 10 Investments

    • Microsoft Corporation

      United States International Equities

      3.59%
    • Nvidia Corporation

      United States International Equities

      3.21%
    • Amazon.Com Inc

      United States International Equities

      3.08%
    • Apple Inc.

      United States International Equities

      3.03%
    • Meta Platforms Inc

      United States International Equities

      2.41%
    • Berkshire Hathaway Inc Class B

      United States International Equities

      1.63%
    • Mastercard Inc Class A

      United States International Equities

      1.63%
    • Alphabet Inc Class A

      United States International Equities

      1.42%
    • Sap

      Germany International Equities

      1.35%
    • Hca Healthcare Inc

      United States International Equities

      1.25%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.77%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 0.0%
    International Equities 100.0% 99.23%
    Listed Properties 0.0% 0.0%
    Unlisted Properties 0.0% 0.0%
    Other 0.0% 0.0%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2025 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Issues of Concern

  • 2.59% Animal Cruelty
  • 3.36% Human Rights Violations
  • 0.95% Social Harm
  • 2.55% Fossil Fuels
  • 2.01% Weapons
  • 0.46% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Koninklijke Ahold Delhaize Nv
      0.88%
      0.88%
    • Hermès International Sca
      0.19%
      0.19%
    • Tyson Foods Inc
      0.18%
      0.18%
    • Colgate-Palmolive Co.
      0.17%
      0.17%
    • Eni Spa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Ecolab, Inc.
      0.03%
      0.03%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Otsuka Holdings Co., Ltd.
      0.01%
      0.01%
  • Human Rights Violations

    • 2.41%
    • 0.13%
    • General Motors
      0.05%
      0.05%
    • Ubs
      0.04%
      0.04%
    • Ck Hutchison
      0.01%
      0.01%
  • Fossil Fuels

    • Engie SA
      0.55%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.55%
    • Itochu Corp.
      0.48%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.48%
    • Atmos Energy Corp.
      0.39%
      0.39%
    • BP
      0.31%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.31%
    • OMV AG
      0.19%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.19%
    • Eni Spa
      0.13%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.13%
    • Repsol
      0.10%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.10%
    • Barrick Gold
      0.07%
      0.07%
    • Enbridge, Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Equinor Asa
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Japan Petroleum Exploration Co., Ltd.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Suncor Energy, Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Targa Resources Corp.
      0.03%
      0.03%
    • Loews Corp.
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      0.01%
    • Dominion Energy, Inc.
      0.01%
      0.01%
    • Franco-Nevada Corp.
      0.01%
      0.01%
    • Hera Spa
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.73%
      0.73%
    • Mtu Aero Engines AG
      0.70%
      0.70%
    • Dassault Aviation SA
      0.28%
      0.28%
    • Rheinmetall AG
      0.27%
      0.27%
    • Howmet Aerospace, Inc.
      0.03%
      0.03%
  • Environmental Harm

    • Pepsico
      0.19%
      0.19%
    • 0.08%
    • Barrick Gold
      0.07%
      0.07%
    • Archer-Daniels Midland
      0.05%
      0.05%
    • Mondelez
      0.04%
      0.04%
    • Nutrien Ltd.
      0.01%
      0.01%

About this Fund

The fund invests in shares listed on share markets predominately in developed economies. The portfolio uses multiple managers and is diversified by region, manager and investment approaches. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes. The fund aims to provide a Gross Return above the return of the MSCI World ex Tobacco Index with net dividends reinvested (in NZD) on a rolling three-year basis.

Value $53.0M NZD
Period of data report 31st March 2025
Fund started 26th Nov. 2007
Total annual fund fees 1.49%
Total performance based fees 0.0%
Manager's basic fee 1.15%
Other management and administration charges 0.34%
Total other charges 0.0
Total other charges currency NZD

Ross Butler

Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
Previously: Director - Mercer Investments (Australia) Limited (10 years, 4 months)

Martin Lewington

Currently: CEO - Mercer (N.Z.) Ltd (16 years, 1 months)
Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

Kylie Willment

Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 5 months)
Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

Padraig Brown

Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 10 months)
Previously: Head of Real Estate Investment Management, Mercer Australia (Pty) Ltd (11 years, 2 months)

Robert Kavanagh

Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (11 years, 0 months)
Previously: Vice President - Account Management PIMCO Australia Pty Limited (7 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2025 4.07% 10.05%
2024 15.78% 35.31%
2023 -4.85% 4.04%
2022 3.53% 5.42%
2021 35.55% 27.38%
2020 -7.06% -1.35%
2019 10.17% 5.94%
2018 7.53% 8.68%
2017 9.49% 12.23%
2016 4.71% 5.48%

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

Top 10 Investments

  • Microsoft Corporation

    United States International Equities

    3.59%
  • Nvidia Corporation

    United States International Equities

    3.21%
  • Amazon.Com Inc

    United States International Equities

    3.08%
  • Apple Inc.

    United States International Equities

    3.03%
  • Meta Platforms Inc

    United States International Equities

    2.41%
  • Berkshire Hathaway Inc Class B

    United States International Equities

    1.63%
  • Mastercard Inc Class A

    United States International Equities

    1.63%
  • Alphabet Inc Class A

    United States International Equities

    1.42%
  • Sap

    Germany International Equities

    1.35%
  • Hca Healthcare Inc

    United States International Equities

    1.25%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.77%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 99.23%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.