Investment Insights February 2021

Welcome to our first quarterly update for 2021! We hope you had a wonderful summer break and took some time to relax and unwind from what was a tumultuous 2020.

While the lockdowns may continue to disrupt Kiwis’ lives in 2021, it is pleasing to see that news of a COVID-19 vaccine, and the successful swearing-in of Joe Biden as the 46th President of the United States, positively impacting financial markets and the Scheme’s investments. 


Brian Kearney, Mercer Investments, shares insights from our global network of investment experts in this 3 minute video covering:

  • The key factors that influenced financial markets in 2020.  
  • The impact that the COVID-19 vaccine may have on local and global markets.
  • Financial market outlook for 2021. 

New Zealand Defence Force Savings Schemes offer you the choice of seven different investment options. If you’re not sure if your investment option is right for you, take our risk quiz and/or call NZDF’s appointed financial advisers, Milestone Direct Limited, on 0508 MILESTONE (0508 645 378), or email them at

Mercer’s team of experts based in 40 countries around the globe, including New Zealand, monitor global and local events and bring you the latest updates.  We also produce an investment report each month covering the NZDF Savings Schemes, which includes returns for each of the seven funds in each scheme. 


12 March 2021