Factual snapshot
Mercer — review
Mechanical, source-cited snapshot of Mercer's NZ retail managed-fund range. We don't rate or recommend — see a licensed financial adviser for personalised advice.
- Funds tracked
- 14
- Median annual fee
- 1.25%
- Median FMA risk
- 5/7
- Tracked NZ retail AUM
- $1.10 billion
Universe median 0.84%
Standardised 1–7 scale
Sum of fund sizes (14/14 on file)
About Mercer
Global wealth and consulting firm with a passive-leaning multi-asset fund range in NZ.
- Legal name
- Mercer (N.Z.) Limited
- Headquarters
- Auckland
Fee position vs peers
Per-asset-class median annual fund charge for Mercer vs the peer median across all other NZ managers in our coverage. Source: Sorted Smart Investor (FMA Disclose Quarterly Fund Updates).
| Asset class | Mercer funds | Mercer median fee | Peer median (n) | Position |
|---|---|---|---|---|
| International Equities | 5 | 1.25% | 0.59% (76) | priced 66 bps above the peer median (0.59%) |
| Diversified | 2 | 1.27% | 0.99% (65) | priced 28 bps above the peer median (0.99%) |
| Australasian Equities | 2 | 0.71% | 1.01% (56) | priced 30 bps below the peer median (1.01%) |
| NZ Fixed Interest | 2 | 0.64% | 0.59% (12) | priced in line with the peer median (0.59%) |
| International FI | 1 | 0.43% | 0.71% (30) | priced 28 bps below the peer median (0.71%) |
| Listed Property | 1 | 1.33% | 1.02% (14) | priced 31 bps above the peer median (1.02%) |
| Other | 1 | 1.34% | 1.05% (7) | priced 29 bps above the peer median (1.05%) |
Fee is the headline ongoing cost; strategy mix, hedging, performance fees and net return after fees also matter when comparing options.
Risk profile mix
Distribution of Mercer's 14 funds across the FMA's standardised 1–7 risk indicator. The indicator is calculated from each fund's past five years of unit-price volatility and published on every Quarterly Fund Update.
Mercer's funds
- Mercer Responsible Balanced FundDiversifiedPIE · capped at PIR (max 28%) Responsible / ethical balanced1.25% fee 4/7 risk
- Mercer Income Generator FundDiversifiedPIE · capped at PIR (max 28%) income1.28% fee 4/7 risk
- Mercer Responsible Trans-Tasman Shares FundAustralasian EquitiesPIE · capped at PIR (max 28%) Responsible / ethical1.06% fee 5/7 risk
- Mercer NZ Shares Passive FundAustralasian EquitiesPIE · capped at PIR (max 28%)0.36% fee 5/7 risk
- Mercer All Country Global Shares Index FundInternational EquitiesPIE · capped at PIR (max 28%)0.43% fee 5/7 risk
- Mercer Core Global Shares FundInternational EquitiesPIE · capped at PIR (max 28%)1.24% fee 5/7 risk
- Mercer Core Hedged Global Shares FundInternational EquitiesPIE · capped at PIR (max 28%) NZD hedged1.46% fee 5/7 risk
- Mercer Responsible Global Shares FundInternational EquitiesPIE · capped at PIR (max 28%) Responsible / ethical1.69% fee 5/7 risk
- Mercer Global Shares FundInternational EquitiesPIE · capped at PIR (max 28%)1.25% fee 5/7 risk
- Mercer Responsible Hedged Global Fixed Interest Index FundInternational FIPIE · capped at PIR (max 28%) NZD hedged Responsible / ethical0.43% fee 4/7 risk
- Mercer Global Listed Real Estate FundListed PropertyPIE · capped at PIR (max 28%)1.33% fee 6/7 risk
- Mercer Macquarie NZ Fixed Interest FundNZ Fixed InterestPIE · capped at PIR (max 28%)0.60% fee 3/7 risk
- Mercer Macquarie NZ Short Duration FundNZ Fixed InterestPIE · capped at PIR (max 28%)0.68% fee 2/7 risk
- Mercer Global Listed Infrastructure FundOtherPIE · capped at PIR (max 28%)1.34% fee 5/7 risk
Questions about Mercer
Is Mercer a good fund manager?
Whether Mercer suits any individual investor depends on the investor's goals, time horizon, risk tolerance, and how the fund fits an existing portfolio — factors that vary by individual. On this site we surface mechanical, comparable data points: Mercer runs 14 retail managed funds in our coverage, with a median annual fund charge of 1.25% across that range (vs the NZ universe median of 0.84%), and a median FMA risk indicator of 5 out of 7. For personalised guidance, see a licensed financial adviser.
What does Mercer charge?
Mercer's 14 funds in our coverage carry a median annual fund charge of 1.25% (range 0.36% – 1.69%). The annual fund charge is the headline ongoing cost disclosed on every Quarterly Fund Update on the FMA Disclose register. Cross-validate via the per-fund pages, which link to source documents.
How big is Mercer?
Across the 14 funds with on-file fund-size data, Mercer's tracked NZ retail AUM totals NZD 1.10 billion. This is the sum of fund sizes disclosed in each fund's most recent Quarterly Fund Update on FMA Disclose and excludes KiwiSaver, wholesale and Australian-domiciled assets. Mercer may manage materially larger assets in those categories.
Where is Mercer based?
Mercer (legal name: Mercer (N.Z.) Limited) is headquartered in Auckland.
What kind of funds does Mercer run?
Mercer's range of 14 funds in our coverage is weighted toward international equities (5 funds). The range also includes 2 diversified funds and 2 australasian equities funds. See the full list at /providers/mercer/.
Other managers running international equities funds
How we built this snapshot
Fund counts and category mix are from src/data/funds.ts (Range of Funds reconciled to the InvestNow + Sharesies + manager-direct universe). Annual fund charge, FMA risk indicator, five-year return and fund size are extracted from each fund's Quarterly Fund Update via Sorted Smart Investor (a Te Ara Ahunga Ora / Retirement Commission service that mirrors the FMA Disclose register). Cross-validate via each per-fund page, which links to the source PDS and Fund Update on FMA Disclose.
ManagedFundsNZ provides information only, not personalised financial advice. For advice, see a licensed financial adviser.