InvestSMART

Mercer Cash Fund - Term Deposit Units - Managed Fund

Fund Objective
To maintain the invested capital and achieve a return (before investment management fees) above that available on bank bills as measured by the Bloomberg AusBond Bank Bill Index.
Fund Strategy
This Class invests in Australian bank term deposits of maturity less than one year, via a single investment manager. Diversification is achieved across a range of banks, with a focus on operational efficiency.

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 0.31% 0.99% 2.02% 4.31% 4.47% 4.27% 2.69% 2.22%
Growth return 0.31% 0.33% -0.1% 0% 0.11% 0.21% 0.22% 0.07%
Income return 0% 0.66% 2.12% 4.31% 4.36% 4.06% 2.47% 2.15%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.88% 1.8% 3.88% 4.14% 4.05% 2.7% 2.09%
As at 30 Nov 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Cash Fund - Term Deposit Units
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.24%
Australian Equities
3.91%
International Equities
7.32%
Property & Infrastructure
1.87%
Fixed Interest
20.38%
Alternatives
20.29%

General Information

Fund Details
Type Description
Mercer Cash Fund - Term Deposit Units (Wholesale)
Mercer Investments (Australia) Limited
MIN0046AU
Australian Cash
Not Rated
Investment Fund
17 Dec 2010
$2029.43 million (as at 19 Dec 2025)
$1.0165 (as at 19 Dec 2025)
$1.0165 (as at 19 Dec 2025)
Open
Offer information
Type Description
MER 0.32% (as at 1 Dec 2025)
Indirect Cost Ratio (ICR) 0.32% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
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 Cash Fund - Term Deposit Units

The objective of the Mercer Cash Fund - Term Deposit Units managed fund is To maintain the invested capital and achieve a return (before investment management fees) above that available on bank bills as measured by the Bloomberg AusBond Bank Bill Index.

The strategy of the Mercer Cash Fund - Term Deposit Units managed fund is This Class invests in Australian bank term deposits of maturity less than one year, via a single investment manager. Diversification is achieved across a range of banks, with a focus on operational efficiency.

The APIR code of the Mercer Cash Fund - Term Deposit Units managed fund is MIN0046AU.

Mercer Cash Fund - Term Deposit Units’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 30 Nov 2025.

Mercer Cash Fund - Term Deposit Units’s total return for the last three months was 0.99%. This was made up of a growth return of 0.33% and an income return of 0.66%%. These returns were calculated as at 30 Nov 2025.

Mercer Cash Fund - Term Deposit Units’s one-year total return is 4.31%. This was made up of a growth return of 0% and an income return of 4.31%. These returns were calculated as at 30 Nov 2025.

Mercer Cash Fund - Term Deposit Units’s one-year total return is 4.27%. This was made up of a growth return of 0.21% and an income return of 4.06%. These returns were calculated as at 30 Nov 2025.

The asset allocation of the Mercer Cash Fund - Term Deposit Units managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Mercer Cash Fund - Term Deposit Units managed fund is Mercer Investments (Australia) Limited.

The Mercer Cash Fund - Term Deposit Units managed fund belongs to the Australian Cash sector/asset class.

As at 19 Dec 2025, the size of the Mercer Cash Fund - Term Deposit Units managed fund was $2029.43 million.

The Mercer Cash Fund - Term Deposit Units managed fund has an inception date of 17 Dec 2010.

The current entry price of the Mercer Cash Fund - Term Deposit Units managed fund is $1.0165 per unit and the current exit price is $1.0165 per unit (as at 19 Dec 2025).

The current exit price of the Mercer Cash Fund - Term Deposit Units managed fund is $1.0165 per unit and the current entry price is $1.0165 per unit (as at 19 Dec 2025).

The minimum initial investment amount for the Mercer Cash Fund - Term Deposit Units 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.