InvestSMART

Mercer Growth Enhanced Passive Units - Managed Fund

Fund Objective
The Class invests in a range of predominantly growth-oriented assets, including shares, listed real assets, and fixed interest. 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 through investment in a range of sector funds managed by us. International asset exposures may be fully hedged, partially hedged, or unhedged for movements in the Australian dollar against other currencies.
Fund Strategy
The Class invests in a range of predominantly growth-oriented assets, including shares, listed real assets, and fixed interest. 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 through investment in a range of sector funds managed by us. International asset exposures may be fully hedged, partially hedged, or unhedged for movements in the Australian dollar against other currencies.

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 0.26% 1.84% 1.71% 6.09% 9.25% 10.47% 6.23% -%
Growth return 0.28% 1.89% 1.83% 5.67% 6.84% 5.85% 2.37% -%
Income return -0.02% -0.05% -0.12% 0.42% 2.41% 4.62% 3.86% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.46% 1.81% 3.22% 7.16% 9.61% 10.85% 6.43% 8.01%
As at 31 Aug 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Growth Enhanced Passive Units
Australian Equities
20.63%
International Equities
18.44%
Cash
38.97%
Property & Infrastructure
5.50%
Fixed Interest
16.46%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.21%
International Equities
35.28%
Cash
5.35%
Property & Infrastructure
5.95%
Fixed Interest
21.41%
Alternatives
4.80%

General Information

Fund Details
Type Description
Mercer Growth Enhanced Passive Units
Mercer (Australia) Pty Ltd
NCL4407AU
Multisector Growth
starstarstarstar (as at 31 Jul 2026)
Investment Fund
1 Oct 2018
$23.8 million (as at 3 Sep 2026)
$0.9011 (as at 3 Sep 2026)
$0.8996 (as at 3 Sep 2026)
Open
Offer information
Type Description
MER 0.25% (as at 1 Apr 2026)
Indirect Cost Ratio (ICR) 0.30% (as at 30 Jun 2025)
Minimum initial investment $500,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
BHP Group Ltd 2.33%
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FAQs about the Mercer Growth Enhanced Passive Units

The objective of the Mercer Growth Enhanced Passive Units managed fund is The Class invests in a range of predominantly growth-oriented assets, including shares, listed real assets, and fixed interest. 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 through investment in a range of sector funds managed by us. International asset exposures may be fully hedged, partially hedged, or unhedged for movements in the Australian dollar against other currencies.

The strategy of the Mercer Growth Enhanced Passive Units managed fund is The Class invests in a range of predominantly growth-oriented assets, including shares, listed real assets, and fixed interest. 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 through investment in a range of sector funds managed by us. International asset exposures may be fully hedged, partially hedged, or unhedged for movements in the Australian dollar against other currencies.

The APIR code of the Mercer Growth Enhanced Passive Units managed fund is NCL4407AU.

Mercer Growth Enhanced Passive Units’s total return last month was 0.26%. This was made up of a growth return of 0.28% and an income return of -0.02%. These returns were calculated as at 31 Aug 2026.

Mercer Growth Enhanced Passive Units’s total return for the last three months was 1.84%. This was made up of a growth return of 1.89% and an income return of -0.05%%. These returns were calculated as at 31 Aug 2026.

Mercer Growth Enhanced Passive Units’s one-year total return is 6.09%. This was made up of a growth return of 5.67% and an income return of 0.42%. These returns were calculated as at 31 Aug 2026.

Mercer Growth Enhanced Passive Units’s one-year total return is 10.47%. This was made up of a growth return of 5.85% and an income return of 4.62%. These returns were calculated as at 31 Aug 2026.

The asset allocation of the Mercer Growth Enhanced Passive Units managed fund is :

Australian Equities
20.63%
International Equities
18.44%
Cash
38.97%
Property & Infrastructure
5.50%
Fixed Interest
16.46%
Alternatives
0%

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

The Mercer Growth Enhanced Passive Units managed fund belongs to the Multisector Growth sector/asset class.

As at 3 Sep 2026, the size of the Mercer Growth Enhanced Passive Units managed fund was $23.8 million.

The Mercer Growth Enhanced Passive Units managed fund has an inception date of 1 Oct 2018.

The current entry price of the Mercer Growth Enhanced Passive Units managed fund is $0.9011 per unit and the current exit price is $0.8996 per unit (as at 3 Sep 2026).

The current exit price of the Mercer Growth Enhanced Passive Units managed fund is $0.8996 per unit and the current entry price is $0.9011 per unit (as at 3 Sep 2026).

The minimum initial investment amount for the Mercer Growth Enhanced Passive 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.