Mercer Responsible Growth

Fisher & Paykel Healthcare holds the top spot in this $302 million growth fund, edging out even Nvidia in a portfolio that leans heavily into New Zealand names alongside the American tech giants. The fund places 18th in its category over one year, with a 10.0 percent return, and sits 20th over three years at 11.9 percent annually.

Three quarters of the portfolio sits in growth assets, split roughly three-to-one between international and Australasian shares. That 18 percent local weighting shows up clearly in the top ten: Fisher & Paykel, Infratil, Auckland Airport, Contact Energy and a2 Milk all feature, giving the fund a distinctly domestic flavour for a growth option. The international side runs through familiar territory with Nvidia, Apple, Microsoft, Amazon and Alphabet clustering near the top. Bonds make up 18 percent of the fund, split between New Zealand and international fixed income.

The total fee sits at 0.83 percent annually. The fund carries a risk level of 5 and delivered 7.0 percent per year over five years, placing 13th in the growth category over that stretch.

General information only, not financial advice. Past performance is not a reliable indicator of future results.