InvestSMART

Mercer High 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 3.5% per annum over rolling six 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 timeframe - at least 6 years.
Fund Strategy
The investment option invests in a mix of investments using a multi-manager investment approach.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.01% 5.38% 11.66% 21.78% 10.7% 8.9% 9.58% 9.45%
Growth return 2.01% 5.38% 11.66% 21.78% 10.7% 8.9% 9.58% 9.45%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 0.97% 5.51% 13.03% 13.77% 17.74% 16.6% 12.23% 10.25%
As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer High Growth - MSIT
Australian Equities
31.80%
International Equities
43.91%
Cash
3.62%
Property & Infrastructure
7.46%
Fixed Interest
2.71%
Alternatives
10.51%
Average Allocation of Peers
Australian Equities
33.72%
International Equities
49.66%
Cash
2.52%
Property & Infrastructure
5.07%
Fixed Interest
5.41%
Alternatives
3.61%

General Information

Fund Details
Type Description
Mercer High Growth - MSIT (Wholesale)
Closed
MIN0042AU
Multisector Aggressive
starstarstar (as at 31 Jul 2021)
Superannuation Fund
1 Apr 2010
$8.51 million (as at 30 Aug 2021)
$2.43528 (as at 31 Aug 2021)
$2.42726 (as at 31 Aug 2021)
Finalised
Offer information
Type Description
MER 1.33% (as at 1 Jul 2019)
Indirect Cost Ratio (ICR) 1.34% (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 High Growth - MSIT

The objective of the Mercer High 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 3.5% per annum over rolling six 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 timeframe - at least 6 years.

The strategy of the Mercer High 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 High Growth - MSIT managed fund is MIN0042AU.

Mercer High Growth - MSIT’s total return last month was 2.01%. This was made up of a growth return of 2.01% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer High Growth - MSIT’s total return for the last three months was 5.38%. This was made up of a growth return of 5.38% and an income return of 0%%. These returns were calculated as at 31 Aug 2021.

Mercer High Growth - MSIT’s one-year total return is 21.78%. This was made up of a growth return of 21.78% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Mercer High Growth - MSIT’s one-year total return is 8.9%. This was made up of a growth return of 8.9% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

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

Australian Equities
31.80%
International Equities
43.91%
Cash
3.62%
Property & Infrastructure
7.46%
Fixed Interest
2.71%
Alternatives
10.51%

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

As at 30 Aug 2021, the size of the Mercer High Growth - MSIT managed fund was $8.51 million.

The Mercer High Growth - MSIT managed fund has an inception date of 1 Apr 2010.

The current entry price of the Mercer High Growth - MSIT managed fund is $2.43528 per unit and the current exit price is $2.42726 per unit (as at 31 Aug 2021).

The current exit price of the Mercer High Growth - MSIT managed fund is $2.42726 per unit and the current entry price is $2.43528 per unit (as at 31 Aug 2021).

The minimum initial investment amount for the Mercer High 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.