FundRock NZ Limited

InvestNow Mercer All Country Global Shares Index Fund

InvestNow KiwiSaver SchemeAggressive

What the provider says about this fund

Provides exposure to a passively managed international shares portfolio that is designed to track the return of the MSCI All Country World ex-Tobacco Index. Environmental, Social and Governance characteristics are integrated into the underlying managers' investment processes

1-year return

15.86%

5-year return p.a.

9.51%

Total annual fee

0.43%

Fund size ($m)

20.4

Members

1,277

Inception date

27 October 2020

Risk indicator

The official Smart Investor risk indicator uses a scale from 1 to 7.

Lower riskHigher risk

Investment mix

Growth assets

98.13%

Income assets

1.87%

Asset class	Actual	Target	Average for Aggressive funds
Australasian shares	0.00%	0.00%	28.28%
Cash and equivalents	1.87%	0.00%	1.31%
Commodities	0.00%	0.00%	0.09%
International bonds	0.00%	0.00%	0.17%
International shares	98.13%	100.00%	59.89%
Listed property	0.00%	0.00%	8.08%
New Zealand bonds	0.00%	0.00%	0.17%
Unknown	0.00%	0.00%	0.00%
Unlisted property	0.00%	0.00%	0.17%

Top 10 holdings

Rank	Asset	Asset class	Asset type	Country	% of fund
1	Mercer All Country Global Shares Index Fund	Shares	International Equities	NZ	100.00%

Fees

0.43% total annual fee

Fee type	Fee	Cost per year on a $30,000 balance	Average for Aggressive funds
Management fees	0.30%	$90	0.71%
Other fees	0.13%	$39	0.08%
Membership fees	0.00%	$0	0.05%
Total combined fees	0.43%	$129	0.85%

Yearly returns

Year ending	Fund return	Average for Aggressive funds
31 March 2022	6.59%	3.36%
31 March 2023	-4.93%	-4.50%
31 March 2024	24.27%	16.43%
31 March 2025	7.93%	4.58%
31 March 2026	15.86%	12.72%

Documents

Key personnel

Name	Position	Time in role
Anthony Sowerby	Investment Committee Member	6 years
Jason Choy	Investment Committee Member	3 years, 8 months
Kimi David	Investment Committee Member	1 year, 1 month
Mike Heath	Investment Committee Member	6 years