# Quarterly Fund Update — mercer (2026-Q1)

> KiwiSaver scheme **mercer** — Quarterly Fund Update filing covering period ending **2026-03-31**.
> Source: filed with FMA Disclose register. Canonical: https://fundcompare.co.nz/filings/qfu/mercer/2026-q1

## Funds covered

| Fund | Fees (1y) | 1y return | 3y return | 5y avg return | AUM (NZD) | Members | Growth assets |
|------|-----------|-----------|-----------|---------------|-----------|---------|---------------|
| Cash Fund | 0.43% | 2.03% | — | 2.33% | NZD $3,658,745.52 | 216 | 0.0% |
| Balanced Fund | 0.80% | 8.06% | — | 4.12% | NZD $122,967,647.97 | 3,003 | 60.1% |
| Conservative Fund | 0.67% | 3.27% | — | 1.83% | NZD $13,315,828.12 | 801 | 20.2% |
| Responsible Conservative Fund | 0.49% | — | — | 2.18% | NZD $780,767,677.51 | 21,398 | 19.9% |
| Moderate Fund | 0.73% | 5.75% | — | 2.98% | NZD $9,306,948.93 | 448 | 40.1% |
| Growth Fund | 0.88% | 10.31% | — | 5.33% | NZD $57,434,646.7 | 1,740 | 80.8% |
| Sustainable High Growth Fund | 0.89% | — | — | 5.89% | NZD $422,097,295.02 | 8,088 | 96.2% |
| Cash Fund | 0.32% | — | — | 2.44% | NZD $35,709,074.51 | 1,204 | 0.0% |
| Sustainable Balanced Fund | 0.75% | — | — | 4.01% | NZD $662,371,690.09 | 12,125 | 60.9% |
| High Growth Fund | 0.94% | 12.44% | — | 6.29% | NZD $71,656,348.18 | 2,173 | 95.9% |
| Shares Fund | 0.96% | 12.99% | — | 6.43% | NZD $42,430,177.06 | 1,476 | 99.6% |
| Sustainable Growth Fund | 0.84% | — | — | 5.06% | NZD $290,086,255.05 | 6,062 | 80.4% |
| Sustainable Shares Fund | 0.95% | — | — | 5.77% | NZD $72,731,165.38 | 2,220 | 100.0% |
| Sustainable Moderate Fund | 0.66% | — | — | 3.03% | NZD $235,274,725.66 | 4,827 | 40.0% |

_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_Mar_2026_Shares_Fund.pdf
  - SHA-256: `70b34844c51ece11…`
  - Ingested: 2026-05-15
- **Fund: balanced**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_Balanced_Fund.pdf
  - SHA-256: `78f5b9d276557697…`
  - Ingested: 2026-05-15
- **Fund: cash**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_Cash_Fund.pdf
  - SHA-256: `cb936d8efe519e24…`
  - Ingested: 2026-05-15
- **Fund: conservative**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_Conservative_Fund.pdf
  - SHA-256: `241b5f5e8eee4eff…`
  - Ingested: 2026-05-15
- **Fund: growth**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_Growth_Fund.pdf
  - SHA-256: `5faa8c2bbe4dff48…`
  - Ingested: 2026-05-15
- **Fund: high-growth**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_High_Growth_Fund.pdf
  - SHA-256: `739e0021f10fdcfc…`
  - Ingested: 2026-05-15
- **Fund: moderate**
  - Original PDF: https://secure.superfacts.com/web/IWfiles/attachments/Form/Mercer_FlexiSaver_Fund_update_Mar_2026_Moderate_Fund.pdf
  - SHA-256: `ab4b9f25272fb5f9…`
  - 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/2026-q1/facts.json
- Crawlable HTML: https://fundcompare.co.nz/filings/qfu/mercer/2026-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.