Merc Mutual - Australian Share Fund No. - Managed Fund (Closed)

Fund Objective

This Trust aims to provide investors with long term capital growth and a modest level of tax-effective income paid twice each year. Minimum recommended period of investment is five or more years.

Fund Strategy

The investment strategy of the Australian Share Fund No 2 is to concentrate on growth-oriented investments in a diversified range of Australian listed industrial and resource companies. These investments may include shares, convertible securities and units in listed trusts. A small portion of the portfolio is held in money market investments. Portfolio ranges: shares 85-100%, fixed interest securities, cash and liquids 0-15%.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.08%	0.8%	10.47%	17.74%	14.43%	14.97%	17.63%	-%
Growth return	3.08%	0.8%	3.12%	8.59%	8.65%	10.32%	12.69%	-%
Income return	0%	0%	7.35%	9.15%	5.78%	4.65%	4.94%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-7.15%	-1.61%	-2.61%	11.67%	7.17%	9.54%	8.63%	9.44%

As at 30 Nov 1997. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Australian Equities: 95.83%

International Equities: 4.24%

Cash: -0.98%

Property & Infrastructure: 1.26%

Fixed Interest: -0.33%

Alternatives: -0.02%

General Information

Fund Details

Type	Description
Fund Name	Merc Mutual - Australian Share Fund No.
Fund Status	Closed
Responsible Entity	Mercantile Mutual Funds Mgmt Aus Ltd
APIR Code	AJF0002AU
Sector/Asset Class	Equity Australia Other
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	20 Dec 1991
Fund Size	$11.07 million (as at 31 Oct 1997)
Entry Price	$1.6584 (as at 4 Dec 1997)
Exit Price	$1.6584 (as at 4 Dec 1997)
Fund Status	Finalised

Offer information

Type	Description
MER	2% (as at 30 Jun 1997)
Minimum initial investment	$1,000.00

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FAQs about the Merc Mutual - Australian Share Fund No.

What is the objective of the Merc Mutual - Australian Share Fund No. managed fund?

The objective of the Merc Mutual - Australian Share Fund No. managed fund is This Trust aims to provide investors with long term capital growth and a modest level of tax-effective income paid twice each year. Minimum recommended period of investment is five or more years.

What is the strategy for the Merc Mutual - Australian Share Fund No. managed fund?

The strategy of the Merc Mutual - Australian Share Fund No. managed fund is The investment strategy of the Australian Share Fund No 2 is to concentrate on growth-oriented investments in a diversified range of Australian listed industrial and resource companies. These investments may include shares, convertible securities and units in listed trusts. A small portion of the portfolio is held in money market investments. Portfolio ranges: shares 85-100%, fixed interest securities, cash and liquids 0-15%.

What is the APIR code of the Merc Mutual - Australian Share Fund No. managed fund?

The APIR code of the Merc Mutual - Australian Share Fund No. managed fund is AJF0002AU.

What was Merc Mutual - Australian Share Fund No.’s total return last month?

Merc Mutual - Australian Share Fund No.’s total return last month was 3.08%. This was made up of a growth return of 3.08% and an income return of 0%. These returns were calculated as at 30 Nov 1997.

What was Merc Mutual - Australian Share Fund No.’s total return for the last three months?

Merc Mutual - Australian Share Fund No.’s total return for the last three months was 0.8%. This was made up of a growth return of 0.8% and an income return of 0%%. These returns were calculated as at 30 Nov 1997.

What is Merc Mutual - Australian Share Fund No.’s one-year total return?

Merc Mutual - Australian Share Fund No.’s one-year total return is 17.74%. This was made up of a growth return of 8.59% and an income return of 9.15%. These returns were calculated as at 30 Nov 1997.

What is Merc Mutual - Australian Share Fund No.’s three-year total return?

Merc Mutual - Australian Share Fund No.’s one-year total return is 14.97%. This was made up of a growth return of 10.32% and an income return of 4.65%. These returns were calculated as at 30 Nov 1997.

What is the asset allocation of the Merc Mutual - Australian Share Fund No. managed fund?

The asset allocation of the Merc Mutual - Australian Share Fund No. managed fund is :

Australian Equities: 100%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Merc Mutual - Australian Share Fund No. managed fund?

The Responsible Entity for the Merc Mutual - Australian Share Fund No. managed fund is Mercantile Mutual Funds Mgmt Aus Ltd.

What sector/asset class does the Merc Mutual - Australian Share Fund No. managed fund belong to?

The Merc Mutual - Australian Share Fund No. managed fund belongs to the Equity Australia Other sector/asset class.

What is the size of the Merc Mutual - Australian Share Fund No. managed fund?

As at 31 Oct 1997, the size of the Merc Mutual - Australian Share Fund No. managed fund was $11.07 million.

What is the inception date of the Merc Mutual - Australian Share Fund No. managed fund?

The Merc Mutual - Australian Share Fund No. managed fund has an inception date of 20 Dec 1991.

What is the current entry price of the Merc Mutual - Australian Share Fund No. managed fund?

The current entry price of the Merc Mutual - Australian Share Fund No. managed fund is $1.6584 per unit and the current exit price is $1.6584 per unit (as at 4 Dec 1997).

What is the current exit price of the Merc Mutual - Australian Share Fund No. managed fund?

The current exit price of the Merc Mutual - Australian Share Fund No. managed fund is $1.6584 per unit and the current entry price is $1.6584 per unit (as at 4 Dec 1997).

What is the minimum investment amount for the Merc Mutual - Australian Share Fund No. managed fund?

The minimum initial investment amount for the Merc Mutual - Australian Share Fund No. managed fund is $1,000.

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.

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