InvestSMART

Mercer Conservative Growth - MSIT - Managed Fund (Closed)

Fund Objective
The option aims to achieve a return (after tax and investment management fees) that exceeds CPI increases by at least 2% per annum over rolling three year periods. It also aims to achieve a return (over the medium to longer term) which is competitive with comparable funds that have a similar allocation to growth assets and similar risk characteristics. Recommended timefram - at least 3 years.
Fund Strategy
The investment option invests in a mix of investments using a multi-manager investment 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 0.74% 2.57% 5.31% 7.83% 4.51% 4.96% 4.65% 5.18%
Growth return 0.74% 2.57% 5.31% 7.83% 4.51% 4.96% 4.65% 5.18%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.47% 2.26% 5.93% 6.71% 9.26% 8% 4.02% 4.61%
As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Conservative Growth - MSIT
Australian Equities
10.68%
International Equities
14.72%
Cash
22.59%
Property & Infrastructure
6.32%
Fixed Interest
37.39%
Alternatives
8.30%
Average Allocation of Peers
Australian Equities
10.72%
International Equities
14.95%
Cash
14.77%
Property & Infrastructure
3.68%
Fixed Interest
50.28%
Alternatives
5.60%

General Information

Fund Details
Type Description
Mercer Conservative Growth - MSIT (Wholesale)
Closed
MIN0040AU
Multisector Moderate
starstarstarstar (as at 31 Jul 2021)
Superannuation Fund
24 Mar 1998
$1.68 million (as at 30 Aug 2021)
$3.15955 (as at 31 Aug 2021)
$3.1545 (as at 31 Aug 2021)
Finalised
Offer information
Type Description
MER 1.07% (as at 1 Jul 2019)
Indirect Cost Ratio (ICR) 1.08% (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 Conservative Growth - MSIT

The objective of the Mercer Conservative Growth - MSIT managed fund is The option aims to achieve a return (after tax and investment management fees) that exceeds CPI increases by at least 2% per annum over rolling three year periods. It also aims to achieve a return (over the medium to longer term) which is competitive with comparable funds that have a similar allocation to growth assets and similar risk characteristics. Recommended timefram - at least 3 years.

The strategy of the Mercer Conservative Growth - MSIT managed fund is The investment option invests in a mix of investments using a multi-manager investment approach.

The APIR code of the Mercer Conservative Growth - MSIT managed fund is MIN0040AU.

Mercer Conservative Growth - MSIT’s total return last month was 0.74%. This was made up of a growth return of 0.74% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer Conservative Growth - MSIT’s total return for the last three months was 2.57%. This was made up of a growth return of 2.57% and an income return of 0%%. These returns were calculated as at 31 Aug 2021.

Mercer Conservative Growth - MSIT’s one-year total return is 7.83%. This was made up of a growth return of 7.83% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer Conservative Growth - MSIT’s one-year total return is 4.96%. This was made up of a growth return of 4.96% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

The asset allocation of the Mercer Conservative Growth - MSIT managed fund is :

Australian Equities
10.68%
International Equities
14.72%
Cash
22.59%
Property & Infrastructure
6.32%
Fixed Interest
37.39%
Alternatives
8.30%

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

As at 30 Aug 2021, the size of the Mercer Conservative Growth - MSIT managed fund was $1.68 million.

The Mercer Conservative Growth - MSIT managed fund has an inception date of 24 Mar 1998.

The current entry price of the Mercer Conservative Growth - MSIT managed fund is $3.15955 per unit and the current exit price is $3.1545 per unit (as at 31 Aug 2021).

The current exit price of the Mercer Conservative Growth - MSIT managed fund is $3.1545 per unit and the current entry price is $3.15955 per unit (as at 31 Aug 2021).

The minimum initial investment amount for the Mercer Conservative Growth - 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.