Mercer KiwiSaver Scheme
Mercer Conservative Fund
Mercer (N.Z.) Limited
Conservative fund type
Here's what the provider says about this fund:
The Mercer Conservative fund invests mostly in cash and fixed interest, with only some investment in shares and real assets. This may be suitable for investors who want to achieve slightly higher returns than those expected from investing solely in cash. Investors need to be comfortable with the possibility of some fluctuations in returns.
The combined fees are how much you would have been charged for the year ended 31 March 2017 on the average KiwiSaver balance.
All the averages you see are for this same type of fund, so you’re comparing apples with apples.
Combined fees include
Membership fees per year
Here you’ll find the total breakdown of the combined fees. These don’t include other fees such as for switching or withdrawing.
+ Total fund fees
Annual management fee
Other fees and costs
Your KiwiSaver money is invested by a professional fund manager, so there are always fees to pay. Fees can have a big impact on your nest egg, especially in the long run, so it pays to keep a close eye on how they add up.
Combined fees example
On a conservative fund of $12,800 the annual fees would be approximately:
From the March 2017 KiwiSaver provider survey
We surveyed KiwiSaver providers on how many different ways they help their members with investment options, communicate with members, and the extra services they offer.
So this rating is more about the quantity than the quality of services.
Help with investment options
Communications to members
Here ‘help’ means things like online forms, tools, calculators and information on how to optimise your KiwiSaver.
More communication is not always better communication, but if the provider gives you options on how you like to be reached, that usually helps.
These extras include a range of additional services that are helpful.
Since April 2012
Warning about returns!
These show how funds have performed in the past, but that’s not a good guide to how they’ll perform in the future. Don’t switch funds based on past returns.
Compare past returns
Last twelve months
April 2015 - March 2016
April 2014 - March 2015
April 2013 - March 2014
April 2012 - March 2013
April 2011 - March 2012
April 2010 - March 2011
April 2009 - March 2010
April 2008 - March 2009
The last twelve months refers to April 2016 to March 2017.
In general, it’s good to look at the longest possible time period when weighing returns. After all, with retirement savings, it’s the long game that counts.
More fund details
What’s in this fund
At 31 March 2017
This shows the actual mix of investments that this fund held on 31 March 2017. This mix continually changes because of market swings and managers’ rebalancing, so these percentages are a snapshot. But it will give you a good idea of where your money is being invested.
How this fund invests your money
- Number of members
- Total value of fund
- Date fund started
- 01 Oct 2007
More information can be found at:
Top 10 investments
These assets make up 66.15% of this fund.
|Kind of investment||Country||Percentage of the fund||Name|
|Cash and cash equivalents||NZ||34.06||Amp Capital Investors Nz Cash Fund|
|New Zealand fixed interest||NZ||14.43||Anz Wholesale Sovereign Bond Fund|
|International fixed interest||AU||6.73||Challenger Harris Global Sovereign Bond Trust|
|International fixed interest||AU||4.37||Colonial First State Wholesale Investment Grade Corporate Bond Fund|
|International equities||AU||3.46||Schroder Global Core Fund|
|Cash and cash equivalents||NZ||1.61||Westpac Business Interest Account|
|International equities||US||0.48||Ishares Trust Core S&P 500 Etf|
|Australasian equities||NZ||0.36||Fisher & Paykel Healthcare Corporation Limited|
|Unlisted Property||NZ||0.33||Fisher Institutional Property Fund|
|Other||AU||0.32||Ifm Australian Infrastructure Wholesale Fund|
|Name||Current position||Time in role|
|Ross Butler||Chairman - Mercer (N.Z) Ltd||4 years, 3 months|
|Martin Lewington||Ceo - Mercer (N.Z.) Ltd||8 years, 1 months|
|Philip Houghton-Brown||Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd||4 years, 8 months|
|Russell Clarke||Chief Investment Officer - Pacific, Mercer Australia (Pty) Ltd||3 years, 8 months|
|Philip Graham||Deputy Chief Investment Officer - Pacific, Mercer Australia (Pty) Ltd||5 years, 8 months|