Mercer (N.z.) Limited
Responsible Shares Fund
Mercer KiwiSaver SchemeAggressive
What the provider says about this fund
Invests almost entirely in shares. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns. This fund is managed with reference to environmental, social and governance (ESG) factors and is certified by the Responsible Investment Association of Australasia.
1-year return
10.94%
5-year return p.a.
5.77%
Total annual fee
0.95%
Fund size ($m)
72.7
Members
2,220
Inception date
18 February 2015
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
1
2
3
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7
Lower riskHigher risk
Investment mix
Growth assets
100.00%
Income assets
0.00%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 25.61% | 26.00% | 28.28% |
| International shares | 74.39% | 74.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 4.20% |
| 2 | Nvidia Corporation | Shares | International Equities | US | 4.08% |
| 3 | Apple Inc | Shares | International Equities | US | 3.73% |
| 4 | Infratil Limited | Shares | Australasian Equities | NZ | 2.70% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 2.41% |
| 6 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 2.26% |
| 7 | Alphabet Inc | Shares | International Equities | US | 1.86% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.86% |
| 9 | Contact Energy Limited | Shares | Australasian Equities | NZ | 1.82% |
| 10 | The A2 Milk Company Limited | Shares | Australasian Equities | NZ | 1.70% |
Fees
0.95% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.90% | $270 | 0.71% |
| Other fees | 0.05% | $15 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.95% | $285 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 12.51% | 11.18% |
| 31 March 2018 | 11.22% | 6.93% |
| 31 March 2019 | 6.57% | 9.96% |
| 31 March 2020 | -6.93% | -6.59% |
| 31 March 2021 | 36.88% | 35.19% |
| 31 March 2022 | 1.97% | 3.36% |
| 31 March 2023 | -3.76% | -4.50% |
| 31 March 2024 | 16.92% | 16.43% |
| 31 March 2025 | 4.00% | 4.58% |
| 31 March 2026 | 10.94% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Anna Scott | CEO - Mercer (N.Z.) Ltd | 6 months |
| Del Hart | Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd | 1 month |
| Kylie Willment | Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd | 8 years, 5 months |
| Robert Kavanagh | Head of Portfolio Management NZ - Mercer (N.Z.) Ltd | 12 years |
| Ross Butler | Chair - Mercer (N.Z.) Ltd | 2 years, 11 months |