InvestSMART

Mercer International Shares Plus - Managed Fund (Closed)

Fund Objective
The Fund aims: to achieve a return (over the medium to longer term) which is competitive with comparable funds that have similar risk characteristics, 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 in Australian shares using a multi-manager approach by using investment managers who may take advantage of innovative and higher-return seeking investment strategies.

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 0.99% -3.22% 5.7% 12% 6.83% 12.84% 16.96% 2.87%
Growth return 0.99% -10.4% -2.15% 3.59% -29.16% -18.92% -7.25% -8.97%
Income return 0% 7.18% 7.85% 8.41% 35.99% 31.76% 24.21% 11.84%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.32% 6.34% 18.35% 22.32% 25.76% 20.9% 17.3% 12.82%
As at 31 Aug 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer International Shares Plus
International Equities
99.87%
Cash
0.13%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
94.83%
Cash
1.93%
Australian Equities
1.96%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.12%

General Information

Fund Details
Type Description
Mercer International Shares Plus (Wholesale)
Closed
Mercer Investments (Australia) Limited
MIN0024AU
Equity World Large Growth
starstarstar (as at 31 Aug 2017)
Investment Fund
1 Jul 2005
$39.67 million (as at 28 Sep 2017)
$0.461 (as at 28 Sep 2017)
$0.4597 (as at 28 Sep 2017)
Finalised
Offer information
Type Description
MER 1.05% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2016)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the Mercer International Shares Plus

The objective of the Mercer International Shares Plus managed fund is The Fund aims: to achieve a return (over the medium to longer term) which is competitive with comparable funds that have similar risk characteristics, 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 International Shares Plus managed fund is The Fund invests in Australian shares using a multi-manager approach by using investment managers who may take advantage of innovative and higher-return seeking investment strategies.

The APIR code of the Mercer International Shares Plus managed fund is MIN0024AU.

Mercer International Shares Plus’s total return last month was 0.99%. This was made up of a growth return of 0.99% and an income return of 0%. These returns were calculated as at 31 Aug 2017.

Mercer International Shares Plus’s total return for the last three months was -3.22%. This was made up of a growth return of -10.4% and an income return of 7.18%%. These returns were calculated as at 31 Aug 2017.

Mercer International Shares Plus’s one-year total return is 12%. This was made up of a growth return of 3.59% and an income return of 8.41%. These returns were calculated as at 31 Aug 2017.

Mercer International Shares Plus’s one-year total return is 12.84%. This was made up of a growth return of -18.92% and an income return of 31.76%. These returns were calculated as at 31 Aug 2017.

The asset allocation of the Mercer International Shares Plus managed fund is :

International Equities
99.87%
Cash
0.13%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

The Mercer International Shares Plus managed fund belongs to the Equity World Large Growth sector/asset class.

As at 28 Sep 2017, the size of the Mercer International Shares Plus managed fund was $39.67 million.

The Mercer International Shares Plus managed fund has an inception date of 1 Jul 2005.

The current entry price of the Mercer International Shares Plus managed fund is $0.461 per unit and the current exit price is $0.4597 per unit (as at 28 Sep 2017).

The current exit price of the Mercer International Shares Plus managed fund is $0.4597 per unit and the current entry price is $0.461 per unit (as at 28 Sep 2017).

The minimum initial investment amount for the Mercer International Shares Plus 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.