Mercer Responsible High Growth

Nvidia, Apple and Microsoft sit among the top five holdings, but so do Fisher & Paykel Healthcare and Infratil, a split that captures the dual personality of this aggressive fund. Nearly 90 percent growth assets and a concentration on global equities define the structure, but the Australasian allocation runs at just over 20 percent, with six New Zealand companies in the top ten. That includes Auckland Airport, Contact Energy and A2 Milk alongside the tech giants, a deliberate tilt toward local names within a portfolio otherwise dominated by international shares at 66 percent.

Fees sit at 0.87 percent, comprising a 0.82 percent management charge and 0.07 percent in other costs, with no performance fee. The fund ranks 13th over one year with an 11.3 percent return, 11th over three years at 13.6 percent, and 9th over five years with an 8.2 percent return within the aggressive category. With $441.9 million under management, it runs a modest allocation to bonds and unlisted property, but the story here is equity concentration and a portfolio that leans on both global scale and familiar domestic names.

The responsible investment label signals a screening approach, though the holdings themselves track closely to mainstream index heavyweights. This is a high-growth fund built for long time horizons, with volatility baked into the design.

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