- Provider website
- Fund start date
01 October 2007
Mix help
This is the actual mix of growth assets (shares, property) and income assets (bonds, cash) that this fund held on 31 December 2024. The average mix for balanced KiwiSaver funds is in grey.
Fees help
Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. Compare with the average fees for balanced KiwiSaver funds (in grey).
Returns help
Returns (in green) show how much this fund has grown in value in five years up to 31 December 2024 – after fees and taxes. Compare with the average balanced KiwiSaver fund (in grey).
Key facts
Here is what the provider says about this managed fund
“ The fund invests in a wide range of assets which may be suitable for long-term investors who want a diversified investment with exposure to shares, real assets, alternative assets, fixed interest and cash. The fund aims to achieve enhanced longer term returns from the 60% benchmark allocation to growth assets. ”
When can you get your money out?
This is a KiwiSaver fund, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.
Mix
This is a snapshot of the proportion of growth assets (shares, property, other) or income assets (cash, bonds) that this fund held on 31 December 2024.
You can also see the average for Balanced funds, which typically hold from 35% to 63% of growth assets.
This fund's asset mix
- Growth assets
- Income assets
- ASSET TYPE
- THIS FUND
- AVERAGE OF ALL BALANCED KIWISAVER FUNDS
Top 10 investments
These assets make up 100.00% of this fund.
Asset | Asset class | Type | Country | % of Fund |
---|---|---|---|---|
MERCER BALANCED PORTFOLIO | Fund | NZ | 100.00% |
Full list of investments this fund holds
OFR10393 FND138 - Mercer Balanced Fund FPH 20240930.xlsx
A complete list of the fund's holdings
Fees
Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. You can compare these with fees for the average balanced KiwiSaver fund (in grey).
Fees breakdown
Here's a breakdown of the different charges in this fund (in purple), compared to the average balanced KiwiSaver fund (in grey).
Fee Type | % Over a Year | Amount Paid on a 10K Balance |
---|---|---|
ManagementThis fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance. | 1.12% AVG: 0.78% | $112.00 AVG: $77.84 |
OtherThis is a summary of other potential costs not covered in the categories displayed. | 0.08% AVG: 0.07% | $8.00 AVG: $7.39 |
Performance-basedThese fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. | None AVG: 0.01% | $0.00 AVG: $0.71 |
MembershipYou pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. | 0.23% AVG: 0.15% | $23.40 AVG: $15.10 |
Total combined feesThese are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing. | 1.43% AVG: 1.01% | $143.40 AVG: $101.03 |
Returns
For the past five years, this fund returned this average each year to investors (in green). This was after fees and taxes (28% PIR) were taken out. To compare, you can see the average return over the same time for all balanced KiwiSaver funds (in grey).
Yearly returns
These annual returns (in green) were for the 12 months up to 31 March 2024. You can compare them to the average balanced KiwiSaver fund (in grey).
March
This fund
Average
Risks
Specific risks for this fund
Chasing higher returns while investing always increases risks. Several kinds of risks, actually. It is important to evaluate whether the returns are worth it, whether you can cope, and whether this investment will in fact help you achieve your goals. Also, since the way an investment is structured can make it riskier, it's important to understand how it works.
You'll find the specific risks in the Risk section of the PDS, and here's more about understanding risk.
AMP KiwiSaver Scheme - Product Disclosure Statement.pdf
How this investment works, including about the provider, risks, costs and potential returns
Risk indicator
This is a gauge of how volatile this investment has been – how much it has gone up and down in value. It has been calculated based on the fund's five-year performance (or an appropriate market index if it has not been around that long).
The left side of this range of numbers indicates a Lower risk
The right side of this range of numbers indicates a Higher risk
- 1
- 2
- 3
- 4
- 5
- 6
- 7
The left side of this range of numbers indicates
Potentially
lower returns
The right side of this range numbers indicates
Potentially
higher
returns
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
AMP KiwiSaver Scheme - Product Disclosure Statement.pdf
How this investment works, including about the provider, risks, costs and potential returns
Fund update (most recent)
This update from the provider lets you see much of the same information shown here in Smart Investor: how this fund is performing, what it costs and the investments it currently holds.
Mercer Balanced Fund.pdf
The quarterly update published by the provider
Complete asset portfolio
Browse through the complete list of investments held by this fund.
OFR10393 FND138 - Mercer Balanced Fund FPH 20240930.xlsx
A complete list of the fund's holdings
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Management Services Agreement 22 September 2015 and Notices dated 1 December 2015 and 6 October 2015.pdf
KiwiSaver_Default_Provider_(AMP)_Notice_2015.pdf
Partnership Agreement 24 November 2011, Amendments 22 April 2013 & 31 July 2014 & Novation 22 September 2015.pdf
AMP KiwiSaver Scheme - Service Provider Agreement (including amendments).pdf
AMP KiwiSaver Scheme - Joining and Contributing 31 March 2017.pdf
KiwiSaver - Risks.pdf
KiwiSaver - Tax.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Withdrawals 31 March 2017.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - SIPO.pdf
AMP KiwiSaver Scheme – Risks.pdf
AMP KiwiSaver Scheme – Who is Involved.pdf
AMP KiwiSaver Scheme – Fees and Other Charges.pdf
AMP KiwiSaver Scheme – Statement of Investment Policies and Objectives.pdf
AMP KiwiSaver Scheme - Joining and Contributing.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Withdrawing.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Who is Involved.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Joining and Contributing.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Tax.pdf
AMP KiwiSaver Scheme - Who is Involved.pdf
AMP KiwiSaver Scheme - Withdrawing.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme – Risks.pdf
AMP KiwiSaver Scheme – Who Is Involved.pdf
AMP KiwiSaver Scheme – Fund Update Booklet.pdf
AMP KiwiSaver Scheme – Fees and Other Charges.pdf
AMP Personal Retirement Plans – Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme – Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Who Is Involved.pdf
AMP KiwiSaver Scheme - Fees And Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Joining and Contributing.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Tax.pdf
AMP KiwiSaver Scheme - Who is Involved.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Joining and Contributing.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Tax.pdf
AMP KiwiSaver Scheme - Who is Involved.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
KiwiSaver - Who is involved.pdf
KiwiSaver Fund Update Booklet .pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fees and Other Charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Joining and Contributing.pdf
AMP KiwiSaver Scheme - Risks.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Fund Update Booklet .pdf
AMP KiwiSaver Scheme - Fees and other charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme Who is involved.pdf
KiwiSaver Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Who is involved .pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fund Update Booklet..pdf
AMP KiwiSaver Scheme - Fees and other charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Fees and other charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Who is involved.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Tax.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Fees and other charges.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fund Update Booklet.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme - Fees and other charges.pdf
AMP KiwiSaver Scheme - Who in involved.pdf
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
AMP KiwiSaver Scheme – Other Material Information.pdf
AMP KiwiSaver Scheme - Other Material Information.pdf
AMP KiwiSaver Scheme - Other Material Information.pdf
AMP KiwiSaver Scheme - Other Material Information.pdf
AMP KiwiSaver Scheme – Other Material Information.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
AMP KiwiSaver Scheme - Statement of Investment Policy and Objectives.pdf
Strategies and objectives for this investment
Key personnel
These are the directors and employees who have the most influence on investment decisions for this fund.
Name | Current position | Time in role |
---|---|---|
JEFFERY DARREN RUSCOE | Investment Committee Member | 5 years, 9 months |
MARK DAVID ENNIS | Investment Committee Member | 4 years, 5 months |
Additional details
Manager details
Name
AMP WEALTH MANAGEMENT NEW ZEALAND LIMITED
Type
NZ Limited Company
Website
NZBN
9429038259210
FSP Number
Supervisor
Name
PUBLIC TRUST
Fund details
Asset liquidity ratio help
100.00%
Total value of fund help
$59,129,168.34
Debt ratio help
0.07%
Continuous issue help
Yes
Default KiwiSaver help
No
Lifecycle option help
No
Multi-fund option help
No
Schedule 1 exemption help
No
FMA exemption help
Yes: The Financial Markets Conduct (Market Index) Exemption Notice 2024
Number of members
1,594
Reference numbers
Fund
FND138: MERCER BALANCED FUND
Offer
OFR10393: AMP KIWISAVER SCHEME
Scheme
SCH10367: AMP KIWISAVER SCHEME
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Fund update (most recent)
These are provided to members of the fund (usually once each quarter) to update them on its performance.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. amp.co.nz