Mercer KiwiSaver schemes

Name: Mercer (N.Z.) Limited — KiwiSaver provider data
Creator: Mercer (N.Z.) Limited
License: https://disclose-register.companiesoffice.govt.nz/

Managed by Mercer (N.Z.) Limited

Mercer KiwiSaver Scheme • New Zealand Defence Force KiwiSaver Scheme

Website

Mercer (N.Z.) Limited operates the Mercer KiwiSaver Scheme and the New Zealand Defence Force KiwiSaver Scheme. Combined, these schemes serve 65,781 members and manage $2.85 billion in assets. The schemes offer 14 funds within a KiwiSaver scheme across a range of investment approaches, providing members with options to match different investment timeframes and risk preferences.

The schemes charge an average annual fee of 0.72% across their funds. Members can choose from Growth, Aggressive, Balanced, Defensive, and Conservative fund types within a KiwiSaver scheme, allowing flexibility in portfolio construction. These schemes typically appeal to members seeking diversified investment options managed by an established provider. This information is general in nature only and should not be construed as financial advice.

Summary written 28 October 2026; its figures may predate the key facts below, which are current.

Assets

$3B

Total value

Average Return

4.75%

Five year

Average Fee 💰

0.72%

One Year

Total Investors

65.8K

Across all funds

Mercer KiwiSaver schemes: key facts

Schemes: Mercer KiwiSaver Scheme, New Zealand Defence Force KiwiSaver Scheme
Managed by: Mercer (N.Z.) Limited (FSP 42742)
Funds: 14
Members (summed across funds): 65,781
Funds under management: $2.8B
Share of the KiwiSaver money we track: 1.9%
Annual fee range: 0.32% to 0.96%
Oldest fund started: 1 October 2007

Data as at 31 March 2026 for most funds (later where a newer quarterly fund update has been filed). Members are summed across funds, so a member in two funds counts twice.

Mercer KiwiSaver schemes funds by risk profile

Defensive: 2 funds
Conservative: 2 funds
Balanced: 4 funds
Growth: 2 funds
Aggressive: 4 funds

Highest five-year return in each fund type

Fund type	Fund	5-year return (a year)	Annual fee
Defensive (of 2)	Cash Fund	2.16%	0.32%
Conservative (of 2)	Responsible Conservative Fund	2.35%	0.49%
Balanced (of 4)	Sustainable Balanced Fund	5.35%	0.75%
Growth (of 2)	Sustainable Growth Fund	7.04%	0.84%
Aggressive (of 4)	Sustainable Shares Fund	8.69%	0.95%

After fees and tax, among this provider's funds with a five-year record. Data as at 31 March 2026 for most funds (later where a newer quarterly fund update has been filed). Past performance is not a reliable indicator of future returns.

Risk Level

Minimum Return 📈

Maximum Fee 💰

Mercer KiwiSaver Scheme(7 funds)

FUND NAME	RISK LEVEL	5Y RETURN	FEE💰	Value	Growth Assets	Start Date
Sustainable Growth Fund	Growth	7.04%	0.84%	$290M	76.8%	18-02-2015
Sustainable High Growth Fund	Aggressive	8.33%	0.89%	$422M	90.89%	01-10-2007
Sustainable Balanced Fund	Balanced	5.35%	0.75%	$662M	59.11%	01-10-2007
Cash Fund	Defensive	2.16%	0.32%	$36M	N/A	01-10-2007
Responsible Conservative Fund	Conservative	2.35%	0.49%	$781M	19.45%	01-10-2007
Sustainable Moderate Fund	Balanced	3.76%	0.66%	$235M	38.79%	18-02-2015
Sustainable Shares Fund	Aggressive	8.69%	0.95%	$73M	99.06%	18-02-2015

New Zealand Defence Force KiwiSaver Scheme(7 funds)

FUND NAME	RISK LEVEL	5Y RETURN	FEE💰	Value	Growth Assets	Start Date
High Growth Fund	Aggressive	6.15%	0.86%	$82M	90.77%	09-10-2015
Moderate Fund	Balanced	2.97%	0.71%	$9M	38.33%	09-10-2015
Balanced Fund	Balanced	3.95%	0.72%	$132M	56.98%	09-10-2015
Cash Fund	Defensive	2.05%	0.46%	$3M	N/A	09-10-2015
Growth Fund	Growth	5.14%	0.79%	$63M	76.18%	09-10-2015
Shares Fund	Aggressive	6.52%	0.96%	$42M	97.76%	09-10-2015
Conservative Fund	Conservative	2.03%	0.69%	$14M	18.5%	09-10-2015

Governance & relationships

Manager: MERCER (N.Z.) LIMITED(NZ Limited Company)
FSP registration: FSP FSP42742verify on FSPR ↗
NZBN: 9429040873121verify on NZBN ↗

Manager identity sourced from the most recent FMA-filed Quarterly Fund Update. See the cross-scheme manager relationships map to see whether this manager operates across multiple schemes.

FMA Disclose filings (12)

Quarterly Fund Updates, Product Disclosure Statements, SIPOs, and Annual Reports indexed from the FMA Disclose register. Click into a filing for the per-fund extracted data.

Period	Type	Source PDFs	Status	Filing page
2025-09-30	SIPO	1 PDF	Extracted	Open filing →
2026-Q2	QFU	9 PDFs	Extracted	Open filing →
2026-Q1	QFU	7 PDFs	Extracted	Open filing →
2025-Q4	QFU	7 PDFs	Extracted	Open filing →
2025-Q3	QFU	7 PDFs	Extracted	Open filing →
2025-Q2	QFU	7 PDFs	Extracted	Open filing →
2025-Q1	QFU	7 PDFs	Extracted	Open filing →
2024-Q4	QFU	7 PDFs	Extracted	Open filing →
2024-Q3	QFU	7 PDFs	Extracted	Open filing →
2024-Q2	QFU	7 PDFs	Extracted	Open filing →
2025-09-30	PDS	1 PDF	Pending	Open filing →
2016-09-30	AR	1 PDF	Pending	Open filing →

Source: FMA Disclose register. Filings auto-refresh weekly via the FundCompare ingestion pipeline.

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Identifiers

Short name: Mercer
Funds operated: 14
Scheme(s): Mercer KiwiSaver Scheme

Endpoints for Mercer (N.Z.) Limited

GET/api/provider/mercer/facts.jsonapplication/jsonProvider profile + every fund (fees, returns, risk) in one structured payload.

GET/api/provider/mercer/summary.mdtext/markdownPlain-markdown provider summary with funds table, citable by LLMs.

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