# Quarterly Fund Update — Mercer (2025-Q3)

> KiwiSaver scheme provider **Mercer** — Quarterly Fund Update filing covering period ending **2025-09-30**.
> Source: filed with FMA Disclose register. Canonical: https://fundcompare.co.nz/filings/qfu/mercer/2025-q3

## Funds covered

| Fund | Fees (1y) | 1y return | 3y return | 5y avg return | AUM (NZD) | Members | Growth assets |
|------|-----------|-----------|-----------|---------------|-----------|---------|---------------|
| Balanced Fund | 0.80% | 9.94% | — | 5.61% | NZD $126,391,282 | 3,105 | — |
| Moderate Fund | 0.73% | 7.32% | — | 3.99% | NZD $9,396,976 | 457 | — |
| Cash Fund | 0.43% | 2.78% | — | 2.17% | NZD $2,690,489 | 210 | — |
| Growth Fund | 0.88% | 12.11% | — | 7.37% | NZD $59,539,721 | 1,784 | — |
| High Growth Fund | 0.94% | 15.06% | — | 8.88% | NZD $72,832,795 | 2,207 | — |
| Conservative Fund | 0.67% | 5.35% | — | 2.56% | NZD $12,732,149 | 762 | — |

_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/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Shares_Fund.pdf
  - SHA-256: `d866cab80979eabe…`
  - Ingested: 2026-05-15
- **Fund: balanced**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Balanced_Fund.pdf
  - SHA-256: `030fef0282495400…`
  - Ingested: 2026-05-15
- **Fund: cash**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Cash_Fund.pdf
  - SHA-256: `39cfe893e5e038b8…`
  - Ingested: 2026-05-15
- **Fund: conservative**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Conservative_Fund.pdf
  - SHA-256: `01dd139e2673f4da…`
  - Ingested: 2026-05-15
- **Fund: growth**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Growth_Fund.pdf
  - SHA-256: `6185c6fff4b78468…`
  - Ingested: 2026-05-15
- **Fund: high-growth**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_High_Growth_Fund.pdf
  - SHA-256: `899cfc97501f2e50…`
  - Ingested: 2026-05-15
- **Fund: moderate**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Sep_2025_Moderate_Fund.pdf
  - SHA-256: `b1ff75348c8ba205…`
  - 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-q3/facts.json
- Crawlable HTML: https://fundcompare.co.nz/filings/qfu/mercer/2025-q3

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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.