Funds

Mercer Macquarie Australian Shares Fund

Total Ethical Concerns: 18.83%

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

Companies of Concern

  • Animal Cruelty 0.44%

    • Orica Ltd.
      0.29%
      0.29%
    • Nufarm Ltd.
      0.15%
      0.15%
  • Human Rights Violations 1.71%

    • Rio Tinto
      1.71%
      1.71%
  • Social Harm 2.84%

  • Fossil Fuels 15.84%

    • BHP
      7.85%
      !!
      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
      7.85%
    • Woodside Energy Group Ltd.
      1.74%
      !!
      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
      1.74%
    • Rio Tinto
      1.71%
      1.71%
    • Santos Ltd.
      0.92%
      !!
      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
      0.92%
    • South32 Ltd.
      0.68%
      0.68%
    • Origin Energy
      0.66%
      !!
      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
      0.66%
    • Apa Group
      0.30%
      !!
      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
      0.30%
    • Orica Ltd.
      0.29%
      0.29%
    • Agl Energy Ltd.
      0.22%
      0.22%
    • Beach Energy Ltd.
      0.22%
      !!
      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
      0.22%
    • Washington H. Soul Pattinson & Co. Ltd.
      0.22%
      0.22%
    • Monadelphous Group Ltd.
      0.21%
      0.21%
    • Ampol Ltd.
      0.19%
      0.19%
    • New Hope Corp. Ltd.
      0.16%
      0.16%
    • Nrw Holdings Ltd.
      0.16%
      0.16%
    • Yancoal Australia Ltd.
      0.16%
      0.16%
    • Whitehaven Coal Ltd.
      0.10%
      0.10%
    • Brickworks Ltd.
      0.06%
      0.06%
  • Environmental Harm 8.0%

    • BHP
      7.85%
      !!
      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
      7.85%
    • Nufarm Ltd.
      0.15%
      0.15%

From the Fund Provider

  • About this fund

    About this Fund

    The fund is a diversified portfolio of Australian shares across a range of industries and sectors. Environmental, Social and Governance characteristics are integrated into the underlying investment manager’s investment process. The fund aims to provide a Gross Return above the return of the S&P/ASX 200 Accumulation Index (in NZD) on a rolling three-year basis.

    Value $339M NZD
    Period of data report 31st March 2025
    Fund started 17th Sept. 1996
    Total annual fund fees 0.48%
    Total performance based fees 0.0%
    Manager's basic fee 0.45%
    Other management and administration charges 0.03%
    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% 2.75%
    2024 15.78% 15.43%
    2023 -4.85% -2.29%
    2022 3.53% 11.86%
    2021 35.55% 41.8%
    2020 -7.06% -16.45%
    2019 10.17% 7.78%
    2018 7.53% -1.21%
    2017 9.49% 10.84%
    2016 4.71% -5.01%

    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

    • Commonwealth Bank Of Australia

      Australia Australasian Equities

      10.25%
    • BHP Group Limited

      Australia Australasian Equities

      7.85%
    • CSL Limited

      Australia Australasian Equities

      4.94%
    • Westpac Banking Corporation

      Australia Australasian Equities

      4.62%
    • National Australia Bank Limited

      Australia Australasian Equities

      4.24%
    • Wesfarmers Limited

      Australia Australasian Equities

      3.49%
    • ANZ Group Holdings Limited

      Australia Australasian Equities

      3.45%
    • Macquarie Group Limited

      Australia Australasian Equities

      2.8%
    • Goodman Group

      Australia Australasian Equities

      2.29%
    • Telstra Corporation Limited

      Australia Australasian Equities

      2.09%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.64%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 100.0% 99.36%
    International Equities 0.0% 0.0%
    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

  • 0.44% Animal Cruelty
  • 1.71% Human Rights Violations
  • 2.84% Social Harm
  • 15.84% Fossil Fuels
  • 0.0% Weapons
  • 8.0% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Orica Ltd.
      0.29%
      0.29%
    • Nufarm Ltd.
      0.15%
      0.15%
  • Human Rights Violations

    • Rio Tinto
      1.71%
      1.71%
  • Fossil Fuels

    • BHP
      7.85%
      !!
      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
      7.85%
    • Woodside Energy Group Ltd.
      1.74%
      !!
      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
      1.74%
    • Rio Tinto
      1.71%
      1.71%
    • Santos Ltd.
      0.92%
      !!
      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
      0.92%
    • South32 Ltd.
      0.68%
      0.68%
    • Origin Energy
      0.66%
      !!
      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
      0.66%
    • Apa Group
      0.30%
      !!
      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
      0.30%
    • Orica Ltd.
      0.29%
      0.29%
    • Agl Energy Ltd.
      0.22%
      0.22%
    • Beach Energy Ltd.
      0.22%
      !!
      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
      0.22%
    • Washington H. Soul Pattinson & Co. Ltd.
      0.22%
      0.22%
    • Monadelphous Group Ltd.
      0.21%
      0.21%
    • Ampol Ltd.
      0.19%
      0.19%
    • New Hope Corp. Ltd.
      0.16%
      0.16%
    • Nrw Holdings Ltd.
      0.16%
      0.16%
    • Yancoal Australia Ltd.
      0.16%
      0.16%
    • Whitehaven Coal Ltd.
      0.10%
      0.10%
    • Brickworks Ltd.
      0.06%
      0.06%
  • Environmental Harm

    • BHP
      7.85%
      !!
      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
      7.85%
    • Nufarm Ltd.
      0.15%
      0.15%

About this Fund

The fund is a diversified portfolio of Australian shares across a range of industries and sectors. Environmental, Social and Governance characteristics are integrated into the underlying investment manager’s investment process. The fund aims to provide a Gross Return above the return of the S&P/ASX 200 Accumulation Index (in NZD) on a rolling three-year basis.

Value $339M NZD
Period of data report 31st March 2025
Fund started 17th Sept. 1996
Total annual fund fees 0.48%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.03%
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% 2.75%
2024 15.78% 15.43%
2023 -4.85% -2.29%
2022 3.53% 11.86%
2021 35.55% 41.8%
2020 -7.06% -16.45%
2019 10.17% 7.78%
2018 7.53% -1.21%
2017 9.49% 10.84%
2016 4.71% -5.01%

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

  • Commonwealth Bank Of Australia

    Australia Australasian Equities

    10.25%
  • BHP Group Limited

    Australia Australasian Equities

    7.85%
  • CSL Limited

    Australia Australasian Equities

    4.94%
  • Westpac Banking Corporation

    Australia Australasian Equities

    4.62%
  • National Australia Bank Limited

    Australia Australasian Equities

    4.24%
  • Wesfarmers Limited

    Australia Australasian Equities

    3.49%
  • ANZ Group Holdings Limited

    Australia Australasian Equities

    3.45%
  • Macquarie Group Limited

    Australia Australasian Equities

    2.8%
  • Goodman Group

    Australia Australasian Equities

    2.29%
  • Telstra Corporation Limited

    Australia Australasian Equities

    2.09%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.64%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 100.0% 99.36%
International Equities 0.0% 0.0%
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.