InvestSMART

Mercer Diversified Shares Fund - Managed Fund

Fund Objective
The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4% per annum over rolling ten year periods.
Fund Strategy
The Fund invests in Australian and international shares, including small capitalisation stocks ('small caps') and emerging markets. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability.

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 1.39% 1.39% 11.98% 15.32% 9.98% 6.52% 8.99% 8.66%
Growth return 1.39% 1.39% 11.83% 12.43% 4.89% 1.54% 4.78% 3.61%
Income return 0% 0% 0.15% 2.89% 5.09% 4.98% 4.21% 5.05%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.21% 6.59% 8.29% 14.58% 15.23% 13.97% 11.61% 9.87%
As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Diversified Shares Fund
Australian Equities
42.64%
International Equities
54.63%
Cash
-0.25%
Property & Infrastructure
2.98%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
34.11%
International Equities
49.67%
Cash
2.37%
Property & Infrastructure
4.88%
Fixed Interest
5.38%
Alternatives
3.60%

General Information

Fund Details
Type Description
Mercer Diversified Shares Fund (Wholesale)
Mercer Investments (Australia) Limited
MIN0019AU
Multisector Aggressive
starstarstarstar (as at 31 May 2024)
Investment Fund
30 Nov 2004
$10.76 million (as at 3 Jun 2024)
$1.3892 (as at 3 Jun 2024)
$1.3852 (as at 3 Jun 2024)
Finalised
Offer information
Type Description
MER 1.11% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 1.11% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0.05
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

FAQs about the Mercer Diversified Shares Fund

The objective of the Mercer Diversified Shares Fund managed fund is The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4% per annum over rolling ten year periods.

The strategy of the Mercer Diversified Shares Fund managed fund is The Fund invests in Australian and international shares, including small capitalisation stocks ('small caps') and emerging markets. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability.

The APIR code of the Mercer Diversified Shares Fund managed fund is MIN0019AU.

Mercer Diversified Shares Fund’s total return last month was 1.39%. This was made up of a growth return of 1.39% and an income return of 0%. These returns were calculated as at 31 May 2024.

Mercer Diversified Shares Fund’s total return for the last three months was 1.39%. This was made up of a growth return of 1.39% and an income return of 0%%. These returns were calculated as at 31 May 2024.

Mercer Diversified Shares Fund’s one-year total return is 15.32%. This was made up of a growth return of 12.43% and an income return of 2.89%. These returns were calculated as at 31 May 2024.

Mercer Diversified Shares Fund’s one-year total return is 6.52%. This was made up of a growth return of 1.54% and an income return of 4.98%. These returns were calculated as at 31 May 2024.

The asset allocation of the Mercer Diversified Shares Fund managed fund is :

Australian Equities
42.64%
International Equities
54.63%
Cash
-0.25%
Property & Infrastructure
2.98%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Mercer Diversified Shares Fund managed fund is Mercer Investments (Australia) Limited.

The Mercer Diversified Shares Fund managed fund belongs to the Multisector Aggressive sector/asset class.

As at 3 Jun 2024, the size of the Mercer Diversified Shares Fund managed fund was $10.76 million.

The Mercer Diversified Shares Fund managed fund has an inception date of 30 Nov 2004.

The current entry price of the Mercer Diversified Shares Fund managed fund is $1.3892 per unit and the current exit price is $1.3852 per unit (as at 3 Jun 2024).

The current exit price of the Mercer Diversified Shares Fund managed fund is $1.3852 per unit and the current entry price is $1.3892 per unit (as at 3 Jun 2024).

The minimum initial investment amount for the Mercer Diversified Shares 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.