Mercer Responsible Balanced Fund
Responsible Balanced Fund is a balanced KiwiSaver fund managed by Mercer. It has 12,125 members and holds $662 million. It opened in 2007.
Fees and returns
- Annual fee
- 0.75% of your balance each year
- Return over 1 year
- +7.1% a year
- Return over 3 years
- +6.9% a year
- Return over 5 years
- +4.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +4.0% a year. The median for mainstream balanced funds over the same period was +3.7% a year, across 40 funds. This fund is ahead of that median, by 0.3 percentage points.
What it invests in
International equities 40%, international fixed interest 25%, australasian equities 13%, new zealand fixed interest 11%.
Largest holdings
- Nvidia Corp 2.19%
- Fisher & Paykel Healthcare Corporation L 2.06%
- Apple Inc 2.0%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +7.1% |
| 2024/25 | +3.9% |
| 2023/24 | +9.6% |
| 2022/23 | −2.7% |
| 2021/22 | +2.5% |
| 2020/21 | +18.3% |
| 2019/20 | −2.8% |
| 2018/19 | +5.0% |
| 2017/18 | +6.5% |
| 2015/16 | +3.5% |
About this fund
The Mercer Responsible Balanced Fund is a diversified balanced fund on Mercer's multi-manager structure, investing mainly in growth assets such as shares and real assets with about 40% in defensive assets such as fixed interest and cash. It is managed with reference to ESG factors as part of Mercer's responsible-investment approach. It has operated since 2007 and carries an annual fund charge of 0.75%.