Annual fund charge
1.28%
vs peer avg 1.06%
Risk indicator
4/7
1 = lower risk · 7 = higher risk
5-year return p.a.
2.47%
peer avg 4.14%
Fund size
NZ$20.7m
52% growth · 48% income
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 t
Key facts
Fund start date
30 June 2014
Tax structure
PIE
Capped at your PIR (max 28%)
Top 10 holdings
As at the latest published quarterly fund update.
| Holding | % of fund |
|---|---|
| Fisher & Paykel Healthcare Corporation Limited | 5.03% |
| Auckland International Airport Limited | 3.20% |
| Ishares MBS ETF | 2.80% |
| Infratil Limited | 2.66% |
| New Zealand Government Bond 3.00% 20/04/2029 | 2.12% |
| Contact Energy Limited | 2.01% |
| The A2 Milk Company Limited | 1.92% |
| Meridian Energy Limited | 1.64% |
| New Zealand Government Bond 4.50% 15/05/2030 | 1.59% |
| Mainfreight Limited | 1.09% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- MERCER INCOME GENERATOR FUND (FND89) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 75.15 KB
- Mercer Investment Funds PDS Multi Asset Class Funds.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 352.72 KB
- Mercer Income Generator Fund Fund Update 31 March 2026.pdf The quarterly update published by the provider PDF, 39.73 KB
- Mercer Investment Funds PDS–Index Funds.pdf Additional product disclosure statement from the provider PDF, 681.43 KB
- Mercer Investment Funds PDS Cash and Fixed Interest Funds.pdf Additional product disclosure statement from the provider PDF, 881.97 KB
- Mercer Investment Funds PDS Global Shares Funds.pdf Additional product disclosure statement from the provider PDF, 370.05 KB
- Mercer Investment Funds PDS–Goals Based Funds.pdf Additional product disclosure statement from the provider PDF, 801.97 KB
- Mercer Investment Funds PDS NZ and Australian Shares Funds.pdf Additional product disclosure statement from the provider PDF, 1.56 MB
- Mercer Investment Funds PDS Property and Infrastructure Funds.pdf Additional product disclosure statement from the provider PDF, 3.53 MB
- PDS Global Companies Fund 16.10.18.pdf Additional product disclosure statement from the provider PDF, 315.16 KB
- Mercer NZ Sustainable Investment Policy.pdf Mercer NZ - Sustainable Investment Policy PDF, 1.08 MB
- Mercer Investment Funds OMI 23 March 2026.pdf Other material information document PDF, 689.04 KB
- Mercer Investment Funds SIPO 23 March 2026.pdf Statement of investment policy and objectives PDF, 708.56 KB
About this category
Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
About Mercer
Global wealth and consulting firm with a passive-leaning multi-asset fund range in NZ.
See all funds from Mercer →Head-to-head
Compare Mercer Income Generator Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
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