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  5. Mercer Australian Shares - MSIT - Managed fund profile

Mercer Australian Shares - MSIT - Managed Fund (Closed)

Fund Objective
To achieve a return over the medium to longer term that is competitive with comparable investment options that have similar risk characteristics. To outperform the notional return of a benchmark portfolio of suitable market indices over one year or greater.
Fund Strategy
The investment option invests in Australian shares using a multi-manager approach.

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 2.21% 5.73% 14.74% 26.89% 11.21% 9.78% 10.82% 10.1%
Growth return 2.21% 5.73% 14.74% 26.89% 11.21% 9.78% 10.82% 10.1%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Australian Shares - MSIT
Australian Equities
97.73%
Cash
2.27%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.42%
Cash
-0.77%
International Equities
5.11%
Property & Infrastructure
1.40%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Mercer Australian Shares - MSIT (Wholesale)
Closed
MIN0039AU
Equity Australia Large Growth
starstarstar (as at 31 Jul 2021)
Superannuation Fund
1 Apr 2010
$1.77 million (as at 30 Aug 2021)
$2.37604 (as at 31 Aug 2021)
$2.3649 (as at 31 Aug 2021)
Finalised
Offer information
Type Description
MER 1.08% (as at 1 Jul 2019)
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $20,000
Minimum redemption amount $1,000.00

FAQs about the Mercer Australian Shares - MSIT

The objective of the Mercer Australian Shares - MSIT managed fund is To achieve a return over the medium to longer term that is competitive with comparable investment options that have similar risk characteristics. To outperform the notional return of a benchmark portfolio of suitable market indices over one year or greater.

The strategy of the Mercer Australian Shares - MSIT managed fund is The investment option invests in Australian shares using a multi-manager approach.

The APIR code of the Mercer Australian Shares - MSIT managed fund is MIN0039AU.

Mercer Australian Shares - MSIT’s total return last month was 2.21%. This was made up of a growth return of 2.21% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer Australian Shares - MSIT’s total return for the last three months was 5.73%. This was made up of a growth return of 5.73% and an income return of 0%%. These returns were calculated as at 31 Aug 2021.

Mercer Australian Shares - MSIT’s one-year total return is 26.89%. This was made up of a growth return of 26.89% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer Australian Shares - MSIT’s one-year total return is 9.78%. This was made up of a growth return of 9.78% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

The asset allocation of the Mercer Australian Shares - MSIT managed fund is :

Australian Equities
97.73%
Cash
2.27%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Mercer Australian Shares - MSIT managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 30 Aug 2021, the size of the Mercer Australian Shares - MSIT managed fund was $1.77 million.

The Mercer Australian Shares - MSIT managed fund has an inception date of 1 Apr 2010.

The current entry price of the Mercer Australian Shares - MSIT managed fund is $2.37604 per unit and the current exit price is $2.3649 per unit (as at 31 Aug 2021).

The current exit price of the Mercer Australian Shares - MSIT managed fund is $2.3649 per unit and the current entry price is $2.37604 per unit (as at 31 Aug 2021).

The minimum initial investment amount for the Mercer Australian Shares - MSIT managed fund is $500,000. Minimum additional investment is $20000.

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.