Mercer Shares Fund

In their own words: "Invests almost entirely in the share market. 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 certified by the Responsible Investment Association of Australasia (RIAA) and engages with companies to improve their performance."

At a glance:

Mindful Fund
Type: Aggressive fund
Past Returns: *8.89%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.93%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND18
Name Mercer Shares Fund
Risk profile Aggressive fund
Description Invests almost entirely in the share market. 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 certified by the Responsible Investment Association of Australasia (RIAA) and engages with companies to improve their performance.
Value $27M NZD
Members 1,423
Market index description The market index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives. Additional information about the market index is available on the offer register.
Disclosure Statement Period Mon Sept. 30th 2019
Fund started Wed Feb. 18th 2015
Three-year average return *8.89%
Market index past year return 7.49%
Past year return net charges and tax 4.52%
Past year return net of charges gross of tax 4.99%
Market index return since fund started 10.78%
Return since fund started net 8.91%
Total annual fund fees 0.93%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Administration charges 0.03%
Total other charges 30.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 10.11% 6.57%
2018 6.68% 11.22%
2017 11.18% 12.51%
2016 4.51% 3.73%

The market index is the average NZ KiwiSaver 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 KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    2.76%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    2.21%
  • BNP Paribas US Dollar Account
    United States International Equities NA
    2.13%
  • Contact Energy Limited
    New Zealand Australasian Equities
    1.9%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities NA
    1.77%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.46%
  • Meridian Energy Limited
    New Zealand Australasian Equities N/A
    1.18%
  • Mainfreight Limited
    New Zealand Australasian Equities NA
    1.01%
  • CSL Limited
    Australia Australasian Equities NA
    0.81%
  • Ebos Group
    New Zealand Australasian Equities NA
    0.8%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 1.14%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 23.6%
International Equities 74.0% 75.26%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Kylie Willment

    Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (1 years, 11 months)
    Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

  • Martin Lewington

    Currently: CEO - Mercer (N.Z.) Ltd (10 years, 7 months)
    Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

  • Philip Houghton-Brown

    Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (7 years, 2 months)
    Previously: Chief Investment Officer - OnePath (NZ) Ltd (5 years, 3 months)

  • Ronan Mccabe

    Currently: Head of Portfolio Management, Delegated Solutions Pacific, Mercer Australia (Pty) Ltd (0 years, 6 months)
    Previously: Senior Investment Manager - Ireland Strategic Investment Fund (ISIF) (3 years, 7 months)

  • Ross Butler

    Currently: Chairman - Mercer (N.Z.) Ltd (6 years, 9 months)
    Previously: Chairman - Mercer Investment Nominees (NZ) Ltd (2 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.91%
  • Animal Testing:
    2.96%
  • Fossil Fuels:
    3.13%
  • Gambling:
    1.06%
  • GMOs:
    0.56%
  • Human Rights & Environmental Violations:
    1.60%
  • Palm Oil:
    0.16%
  • Tobacco:
    0.02%
  • Weapons:
    0.23%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

Rubis Eur1.25 0.28%
BHP Group Plc 0.19%
Total Sa 0.15%
Gazprom Pjsc Spon Adr 0.14%
China Petroleum & Chemical 0.11%
Kirby Corp 0.11%
Royal Dutch Shell Plc-B Shs 0.11%
Eog Resources Inc 0.10%
BHP Group Limited Ordinary Fully Paid 0.10%
Apache Corp 0.08%
Omv Ag 0.07%
Lyondellbasell Industries 0.07%
Eni Spa 0.07%
Cnooc Ltd 0.07%
Engie Aug5 0.06%
Repsol Sa 0.06%
Chevron Corp 0.06%
Exxon Mobil Corporation 0.06%
Valero Energy Corp 0.06%
Royal Dutch Shell Plc - A Shares 0.06%
Anglo American Plc (Sa Line) 0.06%
Petrochina Co Ltd H 0.06%
Phillips 66 Com Usd0.01 0.05%
Novatek Pjsc 0.05%
Snam Spa 0.05%
Bp P.L.C 0.05%
Atco Ltd 0.04%
Marathon Petrol Com 0.04%
Anglo American Platinum Limited 0.04%
Tatneft Pjsc Ads 0.04%
Anglo American Plc 0.04%
Polski Koncern Naftowy 0.04%
Petroleo Brasileiro Petrobras Sa 0.03%
Beach Energy Ltd 0.03%
Kunlun Energy Company Limited 0.03%
Idemitsu Kosan Co Ltd 0.03%
Ngl Energy Partners Lp 0.03%
Motor Oil Hellas Corinth Refineries Sa 0.03%
Suncor Energy Inc 0.02%
Equinor Asa 0.02%
Royal Dutch Shell Plc-A Shs 0.02%
Galp Energia Sgps Sa-B Shrs 0.02%
Canadian Utilities Ltd A 0.02%
Inpex Corporation 0.02%
Altagas Canada Inc 0.02%
Tc Pipelines Lp 0.02%
Mol Hungarian Oil 0.02%
Engie Brasil Energia Sa 0.02%
Dmci Holdings Inc 0.01%
Arch Coal Inc 0.01%
Sinopec Shanghai Petrochemical Co Ltd 0.01%
Natural Resource Partners Lp 0.01%
Petronas Gas Berhad 0.01%
Misc Bhd 0.01%

Weapons

Leonardo Spa 0.04%
Safran Sa 0.04%
Axon Enterprise I Com USD 0.00001 0.04%
Raytheon Company 0.04%
Rheinmetall Ag 0.03%
S&T Motiv Co Ltd 0.01%
Hanwha Chemical Corp 0.01%

Tobacco

Haci Omer Sabanci Holdings As 0.02%

Gambling

Skycity Entertainment Group Limited 0.54%
Aristocrat Leisure Ltd 0.35%
Sands China Limited 0.05%
Genting Berhad 0.02%
Playtech Ord Npv 0.02%
Opap Sa 0.02%
Genting Malaysia Bhd 0.02%
Tokyo Dome Corp 0.02%
Monarch Casino Resort Inc 0.01%

Alcohol

Diageo Ord 28 101/108P 0.24%
Pernod-Ricard Sa 0.13%
Carlsberg As - B 0.12%
Molson Coors Brewing Co B 0.06%
Ambev Sa Com Npv 0.05%
Lvmh Moet Hennessy Vuitton Se 0.04%
Greene King Plc 0.04%
Tsingtao Brewery Company Limited 0.03%
Want Want China Holdings Ltd 0.03%
Royal Unibrew As 0.02%
Christian Dior Se 0.02%
Metcash Limited 0.02%
Heineken Nv 0.02%
Ambev Sa Adr Each Repr Ord Spons 0.01%
Beijing Enterprises Holdings Limited 0.01%
C and C Group Plc 0.01%

Palm Oil

Brown Brown Inc 0.06%
Genting Berhad 0.02%
Genting Malaysia Bhd 0.02%
Indofood Cbp Sukseidr100 0.01%
Pt Indofood Sukses Makmur Tbk 0.01%
Posco International Corp 0.01%

GMOs

Novartis Ag - Chf0.50 (Regd) 0.52%
Novartis Adr Sponsored 0.03%

Human Rights & Environmental Violations

Johnson & Johnson Com US$1 0.32%
Nestle Sa 0.31%
BHP Group Plc 0.19%
Royal Dutch Shell Plc-B Shs 0.11%
BHP Group Limited Ordinary Fully Paid 0.10%
Chevron Corp 0.06%
Royal Dutch Shell Plc - A Shares 0.06%
Petrochina Co Ltd H 0.06%
Jbs Sa 0.06%
Tokyo Electric Power Company Holdings Incorporated 0.05%
Centerra Gold Inc 0.04%
Leonardo Spa 0.04%
Vale Sa 0.03%
Petroleo Brasileiro Petrobras Sa 0.03%
Genting Berhad 0.02%
Royal Dutch Shell Plc-A Shs 0.02%
Genting Malaysia Bhd 0.02%
Zijin Mining Group Co Ltd 0.02%
Posco International Corp 0.01%
Barrick Gold Corp Com Npv 0.01%
Hanwha Chemical Corp 0.01%

Animal Testing

Johnson & Johnson Com US$1 0.320%
Nestle Sa 0.310%
Procter & Gamble Company 0.310%
Pepsico Inc Cap US$0.01 2/3 0.190%
Coca Cola Co USD 0.190%
Estee Lauder Companies 0.180%
Glaxosmithkline Plc 0.150%
Colgate Palmolive Usd1 0.140%
Royal Dutch Shell Plc-B Shs 0.110%
Unilever Nv Eur0.16 0.110%
Unilever Plc 0.080%
Kimberly Clark Corp Com Usd1.25 0.060%
Chevron Corp 0.060%
Walgreens Boots Al Com Usd0.01 0.060%
Royal Dutch Shell Plc - A Shares 0.060%
Albermarle Corp 0.050%
Unilever Nv 0.050%
Orica Limited 0.050%
Lvmh Moet Hennessy Vuitton Se 0.040%
Church & Dwight Co 0.040%
L'Oreal 0.040%
Usana Helath Sciences Inc 0.040%
Victrex Plc 0.030%
Mitsui Chemicals Inc 0.030%
Christian Dior Se 0.020%
Royal Dutch Shell Plc-A Shs 0.020%
Clorox Co Del 0.020%
Coca Cola Femsa Sab De Cv 0.020%
Associated British Foods Plc 0.020%
Coca-Cola Femsa S.Units 0.020%
Bic 0.020%
Burberry Group Plc 0.020%
Kimberly Clark De Mexico A 0.020%
Solvay Sa Belgian Bef 0.010%
Unilever Indonesia Tbk Pt 0.010%
Inter Parfums Inc 0.010%

Download the fund's disclosure statement and portfolio holdings.

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Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.