InvestSMART

Mercer Conservative Growth Active Units - Managed Fund

Fund Objective
The Class invests predominantly in defensive-oriented assets, including fixed interest and cash. It also has exposure to some growth-oriented assets, such as shares and listed real assets. These assets are passively managed. Diversification is achieved across asset class, manager, country, sector, and security levels. The Fund’s exposure to each asset class is typically obtained by investing in a range of sector funds managed by us.
Fund Strategy
The Class invests predominantly in defensive-oriented assets, including fixed interest and cash. It also has exposure to some growth-oriented assets, such as shares and listed real assets. These assets are passively managed. Diversification is achieved across asset class, manager, country, sector, and security levels. The Fund’s exposure to each asset class is typically obtained by investing in a range of sector funds managed by us.

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 1.33% 0.19% 1.32% 4.43% 6.03% 5.62% 3.75% 4.36%
Growth return 1.4% 0.42% 1.39% -0.11% 3.05% 3.01% 0.79% 0.89%
Income return -0.07% -0.23% -0.07% 4.54% 2.98% 2.61% 2.96% 3.47%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.73% 0.7% 2.11% 5.87% 7.07% 6.69% 3.45% 4.35%
As at 31 May 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Conservative Growth Active Units
Australian Equities
15.84%
International Equities
12.13%
Cash
12.81%
Property & Infrastructure
7.61%
Fixed Interest
49.70%
Alternatives
1.91%
Average Allocation of Peers
Australian Equities
11.10%
International Equities
14.70%
Cash
12.58%
Property & Infrastructure
3.51%
Fixed Interest
52.26%
Alternatives
5.85%

General Information

Fund Details
Type Description
Mercer Conservative Growth Active Units
Mercer (Australia) Pty Ltd
MIN0009AU
Multisector Moderate
starstarstar (as at 30 Apr 2026)
Investment Fund
30 Nov 2004
$246.72 million (as at 2 Jun 2026)
$1.1092 (as at 2 Jun 2026)
$1.1077 (as at 2 Jun 2026)
Open
Offer information
Type Description
MER 0.93% (as at 1 Dec 2025)
Indirect Cost Ratio (ICR) 0.86% (as at 30 Jun 2025)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount
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FAQs about the Mercer Conservative Growth Active Units

The objective of the Mercer Conservative Growth Active Units managed fund is The Class invests predominantly in defensive-oriented assets, including fixed interest and cash. It also has exposure to some growth-oriented assets, such as shares and listed real assets. These assets are passively managed. Diversification is achieved across asset class, manager, country, sector, and security levels. The Fund’s exposure to each asset class is typically obtained by investing in a range of sector funds managed by us.

The strategy of the Mercer Conservative Growth Active Units managed fund is The Class invests predominantly in defensive-oriented assets, including fixed interest and cash. It also has exposure to some growth-oriented assets, such as shares and listed real assets. These assets are passively managed. Diversification is achieved across asset class, manager, country, sector, and security levels. The Fund’s exposure to each asset class is typically obtained by investing in a range of sector funds managed by us.

The APIR code of the Mercer Conservative Growth Active Units managed fund is MIN0009AU.

Mercer Conservative Growth Active Units’s total return last month was 1.33%. This was made up of a growth return of 1.4% and an income return of -0.07%. These returns were calculated as at 31 May 2026.

Mercer Conservative Growth Active Units’s total return for the last three months was 0.19%. This was made up of a growth return of 0.42% and an income return of -0.23%%. These returns were calculated as at 31 May 2026.

Mercer Conservative Growth Active Units’s one-year total return is 4.43%. This was made up of a growth return of -0.11% and an income return of 4.54%. These returns were calculated as at 31 May 2026.

Mercer Conservative Growth Active Units’s one-year total return is 5.62%. This was made up of a growth return of 3.01% and an income return of 2.61%. These returns were calculated as at 31 May 2026.

The asset allocation of the Mercer Conservative Growth Active Units managed fund is :

Australian Equities
15.84%
International Equities
12.13%
Cash
12.81%
Property & Infrastructure
7.61%
Fixed Interest
49.70%
Alternatives
1.91%

The Responsible Entity for the Mercer Conservative Growth Active Units managed fund is Mercer (Australia) Pty Ltd.

The Mercer Conservative Growth Active Units managed fund belongs to the Multisector Moderate sector/asset class.

As at 2 Jun 2026, the size of the Mercer Conservative Growth Active Units managed fund was $246.72 million.

The Mercer Conservative Growth Active Units managed fund has an inception date of 30 Nov 2004.

The current entry price of the Mercer Conservative Growth Active Units managed fund is $1.1092 per unit and the current exit price is $1.1077 per unit (as at 2 Jun 2026).

The current exit price of the Mercer Conservative Growth Active Units managed fund is $1.1077 per unit and the current entry price is $1.1092 per unit (as at 2 Jun 2026).

The minimum initial investment amount for the Mercer Conservative Growth Active Units managed fund is $500,000. Minimum additional investment is $0.

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.