Fund-vs-fund · Diversified
Mercer Income Generator Fund vs Octagon Balanced Fund
Both are Diversified funds available to NZ retail investors. Numbers below are sourced from the FMA Disclose register via Sorted Smart Investor and reflect the latest published quarterly fund updates.
| Metric | Mercer | Octagon | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.28% | 1.17% | Lower is better |
| Risk indicator (1–7) | 4 | 4 | Higher = more volatility |
| 5-year return p.a. | 2.47% | 3.83% | Higher is better (past not future) |
| Fund size | NZ$21m | NZ$40m | Larger = more stable, lower close-risk |
| Growth / income split | 52% / 48% | 52% / 48% | More growth = higher long-run return + volatility |
What each fund says it does
Mercer
Mercer Income Generator Fund
The fund aims to provide a gross fixed monthly income in excess of bank deposit rates, along with a positive return on capital over the long term. To achieve this, the fund invests in a diversified mix of growth and defensive assets, with a focus on reliable income generation. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes. The fund aims to maximise the amount of the monthly distribution payments to investors by outperforming, over the medium term, the weighted average return of tFull Mercer Mercer Income Generator Fund profile →
Octagon
Octagon Balanced Fund
The Balanced Fund invests across multiple asset classes. Investors can expect moderate to high levels of movement up and down in value. It aims to achieve long-term returns (before fees, taxes and other expenses) greater than a composite benchmark.Full Octagon Octagon Balanced Fund profile →
Important: This comparison is general information only — not personalised financial advice.
Past performance is not a reliable indicator of future returns. The right fund for you depends on your personal
circumstances. Read each fund's Product Disclosure Statement and consider speaking to a licensed financial adviser.