Mercer Australian Sovereign Bond Fund - Managed Fund

Fund Objective

This Class invests in Australian sovereign bonds utilising a partly active managed, multi-manager approach. Diversification is achieved across a range of bond maturities with a focus on operational efficiency.

Fund Strategy

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	0.08%	-1.56%	-0.88%	2.49%	2.31%	1.97%	-1.04%	1.52%
Growth return	0.35%	-0.28%	-0.84%	0.24%	1.85%	2.06%	-0.41%	-0.56%
Income return	-0.27%	-1.28%	-0.04%	2.25%	0.46%	-0.09%	-0.63%	2.08%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.21%	-1.29%	-0.51%	3.2%	3.05%	2.85%	-0.31%	1.93%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Australian Sovereign Bond Fund

Cash: 3.07%

Fixed Interest: 96.93%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 8.05%

Fixed Interest: 91.03%

Australian Equities: 0.58%

International Equities: 0%

Property & Infrastructure: 0.12%

Alternatives: 0.21%

General Information

Fund Details

Type	Description
Fund Name	Mercer Australian Sovereign Bond Fund
Responsible Entity	Mercer (Australia) Pty Ltd
APIR Code	MIN0030AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Investment Fund
Fund Inception	21 Jul 2007
Fund Size	$1956321946 million (as at 12 Feb 2026)
Entry Price	$1.0013 (as at 12 Feb 2026)
Exit Price	$1.0008 (as at 12 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.38% (as at 1 Dec 2025)
Indirect Cost Ratio (ICR)	0.38% (as at 30 Jun 2025)
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

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FAQs about the Mercer Australian Sovereign Bond Fund

What is the objective of the Mercer Australian Sovereign Bond Fund managed fund?

The objective of the Mercer Australian Sovereign Bond Fund managed fund is This Class invests in Australian sovereign bonds utilising a partly active managed, multi-manager approach. Diversification is achieved across a range of bond maturities with a focus on operational efficiency.

What is the strategy for the Mercer Australian Sovereign Bond Fund managed fund?

The strategy of the Mercer Australian Sovereign Bond Fund managed fund is This Class invests in Australian sovereign bonds utilising a partly active managed, multi-manager approach. Diversification is achieved across a range of bond maturities with a focus on operational efficiency.

What is the APIR code of the Mercer Australian Sovereign Bond Fund managed fund?

The APIR code of the Mercer Australian Sovereign Bond Fund managed fund is MIN0030AU.

What was Mercer Australian Sovereign Bond Fund’s total return last month?

Mercer Australian Sovereign Bond Fund’s total return last month was 0.08%. This was made up of a growth return of 0.35% and an income return of -0.27%. These returns were calculated as at 31 Jan 2026.

What was Mercer Australian Sovereign Bond Fund’s total return for the last three months?

Mercer Australian Sovereign Bond Fund’s total return for the last three months was -1.56%. This was made up of a growth return of -0.28% and an income return of -1.28%%. These returns were calculated as at 31 Jan 2026.

What is Mercer Australian Sovereign Bond Fund’s one-year total return?

Mercer Australian Sovereign Bond Fund’s one-year total return is 2.49%. This was made up of a growth return of 0.24% and an income return of 2.25%. These returns were calculated as at 31 Jan 2026.

What is Mercer Australian Sovereign Bond Fund’s three-year total return?

Mercer Australian Sovereign Bond Fund’s one-year total return is 1.97%. This was made up of a growth return of 2.06% and an income return of -0.09%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Mercer Australian Sovereign Bond Fund managed fund?

The asset allocation of the Mercer Australian Sovereign Bond Fund managed fund is :

Cash: 3.07%

Fixed Interest: 96.93%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Mercer Australian Sovereign Bond Fund managed fund?

The Responsible Entity for the Mercer Australian Sovereign Bond Fund managed fund is Mercer (Australia) Pty Ltd.

What sector/asset class does the Mercer Australian Sovereign Bond Fund managed fund belong to?

The Mercer Australian Sovereign Bond Fund managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Mercer Australian Sovereign Bond Fund managed fund?

As at 12 Feb 2026, the size of the Mercer Australian Sovereign Bond Fund managed fund was $1956321946 million.

What is the inception date of the Mercer Australian Sovereign Bond Fund managed fund?

The Mercer Australian Sovereign Bond Fund managed fund has an inception date of 21 Jul 2007.

What is the current entry price of the Mercer Australian Sovereign Bond Fund managed fund?

The current entry price of the Mercer Australian Sovereign Bond Fund managed fund is $1.0013 per unit and the current exit price is $1.0008 per unit (as at 12 Feb 2026).

What is the current exit price of the Mercer Australian Sovereign Bond Fund managed fund?

The current exit price of the Mercer Australian Sovereign Bond Fund managed fund is $1.0008 per unit and the current entry price is $1.0013 per unit (as at 12 Feb 2026).

What is the minimum investment amount for the Mercer Australian Sovereign Bond Fund managed fund?

The minimum initial investment amount for the Mercer Australian Sovereign Bond Fund managed fund is $500,000. Minimum additional investment is $5000.

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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