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Mercer
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Fixed interest, NZ fixed interest and credit

Mercer NZ Fixed Interest Fund

The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market.

Risk indicator
3 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge
0.60% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment
$250

Or $50 per fund with a Regular Investment Plan.

Unit price
$1.61381

As at 02/11/2026. Buy/sell spread 0.07% / 0.07%.

About this fund

The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market.

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager
Mercer
Fund type
Managed fund (PIE)
Asset class
Fixed interest, NZ fixed interest and credit
Management style
Active
Inception date
05/06/1995
Fund size
$189.68M as at 30/09/2026
Distributions
Semi-annually
Regular Investment Plan
Not available
InvestNow KiwiSaver
Available

Fund performance

Returns are shown after fund fees and before tax, as at 31/10/2026. Periods longer than one year are annualised.

Growth of $10,000

Mercer NZ Fixed Interest Fund
 
1 month
3 months
1 year
3 years
5 years
10 years
Since inception
Mercer NZ Fixed Interest Fund
1.45%
0.09%
0.14%
6.03%
2.22%
2.10%
7.44%

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

What the fund invests in

A snapshot of the fund’s investments, updated from the manager’s latest fund update.

Asset allocation

International fixed interest
99.6%
Cash
0.4%

As at 30/09/2026. Source: Morningstar.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee
Amount
What it means
Estimated annual fund charge
0.60% p.a.
Includes management and administration fees, deducted from the fund.
Performance fee
None
This fund doesn’t charge a performance fee.
Buy/sell spread
0.07% / 0.07%
A cost applied when you buy or sell units.
InvestNow account fees
None
No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement
PDF
Download
Mercer logo
About the manager

Mercer

Mercer offers a wide range of managed funds on the InvestNow platform – including Diversified Funds, a Cash Fund, Listed Property Funds, International and New Zealand Fixed Interest Funds, plus International and Australasian Equities.

Learn more about Mercer, their investment options available to InvestNow customers plus access their latest news & updates below.

View Mercer
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Ready to invest in Mercer NZ Fixed Interest Fund?

Read the Product Disclosure Statement, then invest from $250, or from $50 per fund with a Regular Investment Plan.