Using the most recent returns and fund update reports from June 2023, we will examine Mercer's recent KiwiSaver Performance.
Mercer is a New Zealand-based KiwiSaver and Superannuation advisory specialist, who has advised Kiwis for over 60 years. Mercer has been a provider for the KiwiSaver Scheme for 15 years as of 2022 and has received the Platinum rating for seven years consecutively from the company SuperRatings. As of 31 March 2022, Mercer has a KiwiSaver Scheme membership count of 51,571 members, equating to 2.09 billion as a dollar value invested within the Scheme.
Table of Contents
Performance of Mercer KiwiSaver Funds
Mercer Cash FundMercer Conservative Fund
Mercer Balanced Fund
Mercer Growth Fund
Mercer High Growth Fund
Performance of Mercer KiwiSaver Funds
|
Funds |
1 Year |
5 Year |
|
Cash |
3.26% |
1.25% |
|
Conservative |
2.39% |
1.59% |
|
Balanced |
3.82% |
3.32% |
|
Growth |
5.15% |
4.25% |
|
High Growth |
6.32% |
4.99% |
Sourced from Mercer fund performance report
These returns are to 30 June 2023 and are after tax (PIR 28%) and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from Mercer Quarterly Fund updates published on 30 June 2023.
Mercer Cash Fund
Invests mainly in cash and short-term interest-bearing investments. Designed for investors who want no exposure to growth assets or where the funds may be required in the shorter term.
The following is Sourced from Mercer Cash Fund Update
Returns
Fees
The total annual fees for investors in the Mercer Cash Fund are 0.43% per year.
Investment Mix
The investment mix is 100% cash and cash equivalents due to being a Cash Fund. 
Top Ten Investments
This table shows Mercer’s top 10 investments in the Cash KiwiSaver Fund, which comprise 29.55% of the fund.
Mercer Conservative Fund
Invests primarily in cash and fixed interest, with only limited investment in growth assets such as shares. The Fund may be suitable for investors who want to achieve slightly higher returns than those expected from investing solely in cash.
The following is Sourced from Mercer Conservative Fund Update
Returns
Fees
The total annual fees for investors in the Mercer Conservative Fund are 0.89% per year.
Investment Mix
The investment mix shows the type of assets that the fund invests in.
Top Ten Investments
This table shows Mercer’s top 10 investments in the Conservative KiwiSaver Fund, which comprise 17.68% of the fund.
Mercer Balanced Fund
Invests in a wide range of assets and may be suitable for investors who want a diversified investment with exposure to shares, real assets, fixed interest and cash. This fund can be expected to have a higher degree of volatility in returns than expected from the Sustainable Plus Moderate fund and is more suited to investors who can invest for the long term.
The following is Sourced from Mercer Balanced Fund Update
Returns
Fees
The total annual fees for investors in the Mercer Balanced Fund are 1.03% per year.
Investment Mix
The investment mix shows the type of assets that the fund invests in.
Top Ten Investments
This table shows Mercer’s top 10 investments in the Balanced KiwiSaver Fund, which comprise 14.42% of the fund.
Mercer Growth Fund
Invests mainly in growth assets such as shares and real assets, with only a limited amount in cash and fixed interest. This fund may be suited to investors wanting to invest primarily in growth assets who are comfortable accepting more volatile returns than those expected from the Sustainable Plus Balanced fund to achieve higher longer-term returns.
*The following is Sourced from Mercer Growth Fund Update
Returns
Fees
The total annual fees for investors in the Mercer Growth Fund are 1.07% per year.
Investment Mix
The investment mix shows the type of assets that the fund invests in.
Top Ten Investments
This table shows Mercer’s top 10 investments in the Growth KiwiSaver Fund, which comprise 13.53% of the fund.
Mercer High Growth Fund
Invests almost entirely in growth assets such as shares, real assets, with only a small amount invested in cash and fixed interest. It may be suitable for investors wanting to invest predominantly in growth assets who want higher long-term returns and are comfortable with high volatility in returns.
*The following is Sourced from Mercer High Growth Fund Update
Returns
Fees
The total annual fees for investors in the Mercer High Growth Fund are 1.12% per year.
Investment Mix
The investment mix shows the type of assets that the fund invests in.
Top Ten Investments
This table shows Mercer’s top 10 investments in the Aggressive KiwiSaver Fund, which comprise 15.76% of the fund.
Data for Mercer KiwiSaver funds has been sourced from Mercer KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if Mercer has the appropriate fund that aligns with your values, retirement goals and personal situation, complete National Capital’s KiwiSaver Healthcheck.
