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  5. Mercer Multi-manager Growth Wholesale - Managed fund profile

Mercer Multi-manager Growth Wholesale - Managed Fund

Fund Objective
To provide high total returns (before fees and taxes) over the long term through capital growth by investing predominantly in growth assets.
Fund Strategy
The Investment Option invests in a diverse mix of assets with an emphasis on the growth oriented assets of Australian and international shares around 85%, and investment in defensive assets of cash and fixed interest, around 15%, providing some income and stability of returns. The Investment Option's exposure to these asset classes will be obtained primarily by investing directly into Advance's sector specific funds. The Investment Option may also hold assets directly, including derivatives, currency and other unit trusts.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.74% 7.34% 14.12% 16.24% 6.42% 7.11% 7.7% 7.54%
Growth return 2.26% 6.83% 13.27% 13.01% 1.22% 2.02% 2.68% -0.13%
Income return 0.48% 0.51% 0.85% 3.23% 5.2% 5.09% 5.02% 7.67%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Multi-manager Growth Wholesale
Australian Equities
29.29%
International Equities
44.71%
Cash
4.41%
Property
7.63%
Fixed Interest
8.37%
Alternatives
5.58%
Average Allocation of Peers
Australian Equities
33.54%
International Equities
47.02%
Cash
5.46%
Property
5.36%
Fixed Interest
5.29%
Alternatives
3.34%

General Information

Fund Details
Type Description
Mercer Multi-manager Growth Wholesale (Wholesale)
BTA0223AU
Multisector Aggressive
starstar (as at 31 Mar 2024)
Investment Fund
22 Oct 2001
$1008.37 million (as at 12 Apr 2024)
$0.8413 (as at 12 Apr 2024)
$0.8388 (as at 12 Apr 2024)
Closed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Advance Australia Shr Multi-Blend Mutual Fund - Open End 29.63%
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FAQs about the Mercer Multi-manager Growth Wholesale

The objective of the Mercer Multi-manager Growth Wholesale managed fund is To provide high total returns (before fees and taxes) over the long term through capital growth by investing predominantly in growth assets.

The strategy of the Mercer Multi-manager Growth Wholesale managed fund is The Investment Option invests in a diverse mix of assets with an emphasis on the growth oriented assets of Australian and international shares around 85%, and investment in defensive assets of cash and fixed interest, around 15%, providing some income and stability of returns. The Investment Option's exposure to these asset classes will be obtained primarily by investing directly into Advance's sector specific funds. The Investment Option may also hold assets directly, including derivatives, currency and other unit trusts.

The APIR code of the Mercer Multi-manager Growth Wholesale managed fund is BTA0223AU.

Mercer Multi-manager Growth Wholesale’s total return last month was 2.74%. This was made up of a growth return of 2.26% and an income return of 0.48%. These returns were calculated as at 31 Mar 2024.

Mercer Multi-manager Growth Wholesale’s total return for the last three months was 7.34%. This was made up of a growth return of 6.83% and an income return of 0.51%%. These returns were calculated as at 31 Mar 2024.

Mercer Multi-manager Growth Wholesale’s one-year total return is 16.24%. This was made up of a growth return of 13.01% and an income return of 3.23%. These returns were calculated as at 31 Mar 2024.

Mercer Multi-manager Growth Wholesale’s one-year total return is 7.11%. This was made up of a growth return of 2.02% and an income return of 5.09%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Mercer Multi-manager Growth Wholesale managed fund is :

Australian Equities
29.29%
International Equities
44.71%
Cash
4.41%
Property
7.63%
Fixed Interest
8.37%
Alternatives
5.58%

The Mercer Multi-manager Growth Wholesale managed fund belongs to the Multisector Aggressive sector/asset class.

As at 12 Apr 2024, the size of the Mercer Multi-manager Growth Wholesale managed fund was $1008.37 million.

The Mercer Multi-manager Growth Wholesale managed fund has an inception date of 22 Oct 2001.

The current entry price of the Mercer Multi-manager Growth Wholesale managed fund is $0.8413 per unit and the current exit price is $0.8388 per unit (as at 12 Apr 2024).

The current exit price of the Mercer Multi-manager Growth Wholesale managed fund is $0.8388 per unit and the current entry price is $0.8413 per unit (as at 12 Apr 2024).

The minimum initial investment amount for the Mercer Multi-manager Growth Wholesale managed fund is $500,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.