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  5. Mercer Fixed Interest - Managed fund profile

Mercer Fixed Interest - Managed Fund (Closed)

Fund Objective
This fund aims to outperform the notional return of a benchmark portfolio of suitable market indices over periods of one year or greater.
Fund Strategy
The Fund invests primarily in fixed interest using a multi-manager 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 1.18% 2.02% 3.96% 3.58% 4.84% 6.93% 7.93% -%
Growth return 1.18% 2.02% 3.05% 0.79% -0.56% 0.37% 2.23% -%
Income return 0% 0% 0.91% 2.79% 5.4% 6.56% 5.7% -%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return 0.41% 1.15% 2.25% 3.58% 4.56% 3.13% -0.32% 2.05%
As at 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Fixed Interest
Cash
8.39%
Fixed Interest
91.61%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
3.15%
Fixed Interest
96.83%
International Equities
0%
Alternatives
0.02%

General Information

Fund Details
Type Description
Mercer Fixed Interest (Wholesale)
Closed
Mercer Investments (Australia) Limited
MIN0011AU
Bonds - Global / Australia
starstarstarstar (as at 31 May 2014)
Investment Fund
30 Nov 2004
$2.19 million (as at 26 Jun 2014)
$1.0925 (as at 26 Jun 2014)
$1.0905 (as at 26 Jun 2014)
Finalised
Offer information
Type Description
MER 0.50% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

FAQs about the Mercer Fixed Interest

The objective of the Mercer Fixed Interest managed fund is This fund aims to outperform the notional return of a benchmark portfolio of suitable market indices over periods of one year or greater.

The strategy of the Mercer Fixed Interest managed fund is The Fund invests primarily in fixed interest using a multi-manager approach.

The APIR code of the Mercer Fixed Interest managed fund is MIN0011AU.

Mercer Fixed Interest’s total return last month was 1.18%. This was made up of a growth return of 1.18% and an income return of 0%. These returns were calculated as at 31 May 2014.

Mercer Fixed Interest’s total return for the last three months was 2.02%. This was made up of a growth return of 2.02% and an income return of 0%%. These returns were calculated as at 31 May 2014.

Mercer Fixed Interest’s one-year total return is 3.58%. This was made up of a growth return of 0.79% and an income return of 2.79%. These returns were calculated as at 31 May 2014.

Mercer Fixed Interest’s one-year total return is 6.93%. This was made up of a growth return of 0.37% and an income return of 6.56%. These returns were calculated as at 31 May 2014.

The asset allocation of the Mercer Fixed Interest managed fund is :

Cash
8.39%
Fixed Interest
91.61%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Mercer Fixed Interest managed fund is Mercer Investments (Australia) Limited.

The Mercer Fixed Interest managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 26 Jun 2014, the size of the Mercer Fixed Interest managed fund was $2.19 million.

The Mercer Fixed Interest managed fund has an inception date of 30 Nov 2004.

The current entry price of the Mercer Fixed Interest managed fund is $1.0925 per unit and the current exit price is $1.0905 per unit (as at 26 Jun 2014).

The current exit price of the Mercer Fixed Interest managed fund is $1.0905 per unit and the current entry price is $1.0925 per unit (as at 26 Jun 2014).

The minimum initial investment amount for the Mercer Fixed Interest managed fund is $100,000. 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.