Mercer Moderate Growth Active Units - Managed Fund

Fund Objective

To achieve a return (before management costs) that exceeds CPI increases by at least 1.5% per annum over rolling four year periods.

Fund Strategy

The Class has allocations towards both growth and defensive oriented assets, including shares, real assets, alternatives and fixed interest. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability. International assets held by the Class may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.

Fund Performance Comparison

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.07%	3.35%	4.86%	9.77%	9.14%	8.34%	6.74%	5.97%
Growth return	1.07%	-1.79%	-0.35%	3.79%	4.96%	4.85%	2.82%	1.86%
Income return	0%	5.14%	5.21%	5.98%	4.18%	3.49%	3.92%	4.11%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	1.42%	4.1%	5.63%	9.6%	10.37%	9.02%	6.33%	6.31%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Moderate Growth Active Units

Australian Equities: 18.67%

International Equities: 27.51%

Cash: 9.09%

Property & Infrastructure: 6.78%

Fixed Interest: 36.96%

Alternatives: 0.99%

Average Allocation of Peers

Australian Equities: 16.39%

International Equities: 27.86%

Cash: 8.26%

Property & Infrastructure: 3.78%

Fixed Interest: 36.21%

Alternatives: 7.50%

General Information

Fund Details

Type	Description
Fund Name	Mercer Moderate Growth Active Units (Wholesale)
Responsible Entity	Mercer Investments (Australia) Limited
APIR Code	MIN0014AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	30 Nov 2004
Fund Size	$778.53 million (as at 12 Sep 2025)
Entry Price	$1.2364 (as at 12 Sep 2025)
Exit Price	$1.2344 (as at 12 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.96% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR)	0.88% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00
Minimum redemption amount

FAQs about the Mercer Moderate Growth Active Units

What is the objective of the Mercer Moderate Growth Active Units managed fund?

The objective of the Mercer Moderate Growth Active Units managed fund is To achieve a return (before management costs) that exceeds CPI increases by at least 1.5% per annum over rolling four year periods.

What is the strategy for the Mercer Moderate Growth Active Units managed fund?

The strategy of the Mercer Moderate Growth Active Units managed fund is The Class has allocations towards both growth and defensive oriented assets, including shares, real assets, alternatives and fixed interest. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability. International assets held by the Class may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.

What is the APIR code of the Mercer Moderate Growth Active Units managed fund?

The APIR code of the Mercer Moderate Growth Active Units managed fund is MIN0014AU.

What was Mercer Moderate Growth Active Units’s total return last month?

Mercer Moderate Growth Active Units’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Mercer Moderate Growth Active Units’s total return for the last three months?

Mercer Moderate Growth Active Units’s total return for the last three months was 3.35%. This was made up of a growth return of -1.79% and an income return of 5.14%%. These returns were calculated as at 31 Aug 2025.

What is Mercer Moderate Growth Active Units’s one-year total return?

Mercer Moderate Growth Active Units’s one-year total return is 9.77%. This was made up of a growth return of 3.79% and an income return of 5.98%. These returns were calculated as at 31 Aug 2025.

What is Mercer Moderate Growth Active Units’s three-year total return?

Mercer Moderate Growth Active Units’s one-year total return is 8.34%. This was made up of a growth return of 4.85% and an income return of 3.49%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Mercer Moderate Growth Active Units managed fund?

The asset allocation of the Mercer Moderate Growth Active Units managed fund is :

Australian Equities: 18.67%

International Equities: 27.51%

Cash: 9.09%

Property & Infrastructure: 6.78%

Fixed Interest: 36.96%

Alternatives: 0.99%

Who is the responsible Entity of the Mercer Moderate Growth Active Units managed fund?

The Responsible Entity for the Mercer Moderate Growth Active Units managed fund is Mercer Investments (Australia) Limited.

What sector/asset class does the Mercer Moderate Growth Active Units managed fund belong to?

The Mercer Moderate Growth Active Units managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the Mercer Moderate Growth Active Units managed fund?

As at 12 Sep 2025, the size of the Mercer Moderate Growth Active Units managed fund was $778.53 million.

What is the inception date of the Mercer Moderate Growth Active Units managed fund?

The Mercer Moderate Growth Active Units managed fund has an inception date of 30 Nov 2004.

What is the current entry price of the Mercer Moderate Growth Active Units managed fund?

The current entry price of the Mercer Moderate Growth Active Units managed fund is $1.2364 per unit and the current exit price is $1.2344 per unit (as at 12 Sep 2025).

What is the current exit price of the Mercer Moderate Growth Active Units managed fund?

The current exit price of the Mercer Moderate Growth Active Units managed fund is $1.2344 per unit and the current entry price is $1.2364 per unit (as at 12 Sep 2025).

What is the minimum investment amount for the Mercer Moderate Growth Active Units managed fund?

The minimum initial investment amount for the Mercer Moderate Growth Active 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.

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