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Advance International Shares Multi-blend - Managed Fund (Closed)

Fund Objective
To provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over periods of five years or longer.
Fund Strategy
The Fund invests in a wide range of international shares listed, or expected to be listed, on world stock exchanges, including emerging markets and across a diverse range of industries.

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 1.56% 5.96% 11.72% 19.68% 2.12% 11.12% 7.94% 10.59%
Growth return 0.34% 12.75% 19.32% 29.09% 11.14% 7.9% 2.63% 2.26%
Income return 1.22% -6.79% -7.6% -9.41% -9.02% 3.22% 5.31% 8.33%
Market index (MSCI World Ex Australia NR AUD)
Total return -0.9% 2.55% 8.85% 12.53% 21.5% 22.08% 15.57% 13.23%
As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance International Shares Multi-blend
International Equities
97.25%
Cash
1.93%
Property & Infrastructure
0.82%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
90.83%
Cash
1.66%
Property & Infrastructure
0.21%
Australian Equities
7.02%
Fixed Interest
-0.01%
Alternatives
0.29%

General Information

Fund Details
Type Description
Advance International Shares Multi-blend
Closed
Mercer Investments (Australia) Limited
ADV0028AU
Equity World Large Blend
starstar (as at 31 Jul 2023)
Investment Fund
1 Jun 1994
$3 million (as at 31 May 2021)
$0.9485 (as at 5 Sep 2023)
$0.9485 (as at 5 Sep 2023)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 1.48% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 1.48% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Microsoft Corp Equity 2.31%
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FAQs about the Advance International Shares Multi-blend

The objective of the Advance International Shares Multi-blend managed fund is To provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over periods of five years or longer.

The strategy of the Advance International Shares Multi-blend managed fund is The Fund invests in a wide range of international shares listed, or expected to be listed, on world stock exchanges, including emerging markets and across a diverse range of industries.

The APIR code of the Advance International Shares Multi-blend managed fund is ADV0028AU.

Advance International Shares Multi-blend’s total return last month was 1.56%. This was made up of a growth return of 0.34% and an income return of 1.22%. These returns were calculated as at 31 Aug 2023.

Advance International Shares Multi-blend’s total return for the last three months was 5.96%. This was made up of a growth return of 12.75% and an income return of -6.79%%. These returns were calculated as at 31 Aug 2023.

Advance International Shares Multi-blend’s one-year total return is 19.68%. This was made up of a growth return of 29.09% and an income return of -9.41%. These returns were calculated as at 31 Aug 2023.

Advance International Shares Multi-blend’s one-year total return is 11.12%. This was made up of a growth return of 7.9% and an income return of 3.22%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the Advance International Shares Multi-blend managed fund is :

International Equities
97.25%
Cash
1.93%
Property & Infrastructure
0.82%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance International Shares Multi-blend managed fund is Mercer Investments (Australia) Limited.

The Advance International Shares Multi-blend managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 May 2021, the size of the Advance International Shares Multi-blend managed fund was $3 million.

The Advance International Shares Multi-blend managed fund has an inception date of 1 Jun 1994.

The current entry price of the Advance International Shares Multi-blend managed fund is $0.9485 per unit and the current exit price is $0.9485 per unit (as at 5 Sep 2023).

The current exit price of the Advance International Shares Multi-blend managed fund is $0.9485 per unit and the current entry price is $0.9485 per unit (as at 5 Sep 2023).

The minimum initial investment amount for the Advance International Shares Multi-blend managed fund is $1,500. Minimum additional investment is $500.

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.