Mercer KiwiSaver Balanced Fund

Product Name

Mercer KiwiSaver Balanced Fund


Mercer (N.Z.) Limited







Certified Since


Asset Classes

Diversified / Multi-asset


New Zealand

Investment Approaches

ESG Integration, Negative Screening

It Includes:

  • Riaa icons 32 Green property
  • Riaa icons 10 Renewable energy and climate change solutions
  • Tree green background Sustainable land and agricultural management

It fully excludes:


    Responsible investment, including environmental, social, and governance considerations, are taken into account in the investment policies and procedures of the scheme as at the date of this product disclosure statement. You can obtain an explanation of the extent to which responsible investment is taken into account in those policies and procedures at the issuer’s Internet site at The responsible Investment Policy can be found on the above webpage, or by following this link:


    The Mercer KiwiSaver Balanced Fund is governed by the Mercer New Zealand Responsible Investment Policy. As stated above, we believe environmental, social and governance (ESG) factors can have a material impact on long term risk and return outcomes and should be integrated into the investment process. For this reason:

    • the investment managers appointed are encouraged to consider ESG factors in assessing investment risk and opportunities, as relevant to the type of investment. 
    • the principals of active ownership and investment stewardship are incorporated throughout our investment decision making and ownership practices, as documented in the Mercer Responsible Investment Policy.

    Current Exclusions

    As at the date of this policy, Mercer (NZ) Ltd has determined that the following products should be excluded on this basis:

    • Companies involved with the production or manufacturing of controversial weapons. Further detail below.  
    • Companies manufacturing tobacco products who derive 50% or more of revenue from tobacco-related business activities
    • All companies involved in the production and retailing of automatic and semi-automatic civilian firearms

    The specific exclusions are currently as follows: Companies that manufacture whole weapons systems, components, or delivery platforms, or components that were developed or are significantly modified for exclusive use in cluster munitions, anti-personnel landmines, biological and chemical weapons or nuclear weapons. Nuclear weapons companies include companies: i) with contracts to operate/manage government-owned facilities that manufacture nuclear warheads and missiles or components for nuclear warheads and missiles, such as fissile materials, non-nuclear components, explosives, triggers and detonators, etc.  ii) that assemble and integrate warheads and missile bodies; iii) that provide auxiliary services related to nuclear weapons, such as repairing and maintaining nuclear weapons, providing overhaul and upgrade services (including engineering), stockpiling and stewardship, R&D work, testing and simulations, etc. iv) with contracts to operate/manage government-owned facilities that conduct R&D, testing, simulations, and other essential sciences on nuclear weapons


    Other products certified by the Responsible Investment Association Australasia (RIAA)

    Mercer KiwiSaver High Growth Fund

    Mercer KiwiSaver Conservative Fund

    Mercer KiwiSaver Moderate Fund

    Mercer KiwiSaver Cash Fund

    Mercer KiwiSaver Growth Fund

    Mercer KiwiSaver Shares Fund

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