# Quarterly Fund Update — Mercer (2025-Q1)

> KiwiSaver scheme provider **Mercer** — Quarterly Fund Update filing covering period ending **2025-03-31**.
> Source: filed with FMA Disclose register. Canonical: https://fundcompare.co.nz/filings/qfu/mercer/2025-q1

## Funds covered

| Fund | Fees (1y) | 1y return | 3y return | 5y avg return | AUM (NZD) | Members | Growth assets |
|------|-----------|-----------|-----------|---------------|-----------|---------|---------------|
| Balanced Fund | 0.88% | 4.94% | — | 5.77% | NZD $116,594,703 | 3,208 | — |
| Moderate Fund | 0.79% | 4.43% | — | 4.04% | NZD $9,615,233 | 477 | — |
| Sustainable Balanced Fund | — | — | 3.49% | — | — | — | — |
| Cash Fund | 0.46% | 3.63% | — | 1.93% | NZD $3,852,853 | 218 | — |
| Growth Fund | 0.97% | 5.54% | — | 7.76% | NZD $53,232,034 | 1,818 | — |
| Responsible Conservative Fund | — | — | 2.55% | — | — | — | — |
| Sustainable High Growth Fund | — | — | 4.88% | — | — | — | — |
| Sustainable Moderate Fund | — | — | 2.93% | — | — | — | — |
| High Growth Fund | 1.02% | 6.23% | — | 9.33% | NZD $63,661,988 | 2,205 | — |
| Cash Fund | — | — | 3.18% | — | — | — | — |
| Shares Fund | — | 5.57% | — | 10.48% | — | — | — |
| Sustainable Growth Fund | — | — | 4.24% | — | — | — | — |
| Conservative Fund | 0.70% | 4.05% | — | 2.68% | NZD $11,309,410 | 742 | — |
| Sustainable Shares Fund | — | — | 5.38% | — | — | — | — |

_Returns are after fees and tax at PIR 28%, sourced from the QFU PDF as filed with FMA Disclose._

## Source documents

- **Scheme-wide PDF**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Shares_Fund.pdf
  - SHA-256: `a8c1991526fd5ed5…`
  - Ingested: 2026-05-15
- **Fund: balanced**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Balanced_Fund.pdf
  - SHA-256: `afc76f6e1febcc2c…`
  - Ingested: 2026-05-15
- **Fund: cash**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Cash_Fund.pdf
  - SHA-256: `9a2669ee76222578…`
  - Ingested: 2026-05-15
- **Fund: conservative**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Conservative_Fund.pdf
  - SHA-256: `a2b2d81b48d4c1ee…`
  - Ingested: 2026-05-15
- **Fund: growth**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Growth_Fund.pdf
  - SHA-256: `9daf4725c23cbc57…`
  - Ingested: 2026-05-15
- **Fund: high-growth**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_High_Growth_Fund.pdf
  - SHA-256: `5f569ac85c7a68b7…`
  - Ingested: 2026-05-15
- **Fund: moderate**
  - Original PDF: https://secure.superfacts.com/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2025_Moderate_Fund.pdf
  - SHA-256: `1468f77f533e0963…`
  - Ingested: 2026-05-15

## Data sources

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/
- IRD KiwiSaver — https://www.ird.govt.nz/kiwisaver
- Sorted Fund Finder — https://fundfinder.sorted.org.nz/

## Machine-readable surface

- Facts JSON: https://fundcompare.co.nz/api/qfu/mercer/2025-q1/facts.json
- Crawlable HTML: https://fundcompare.co.nz/filings/qfu/mercer/2025-q1

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This is an informational summary published by FundCompare NZ (https://fundcompare.co.nz) using publicly available data from the FMA Disclose register, IRD KiwiSaver, and Sorted Fund Finder. It does not constitute financial advice. FundCompare NZ is not a licensed Financial Advice Provider. Past performance is not indicative of future results — read each scheme's Product Disclosure Statement and consult a licensed financial adviser before making any decision. KiwiSaver® is a registered trademark of Inland Revenue.