Mercer Moderate 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 2.5% per annum over rolling four 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 4 years.

Fund Strategy

The investment option invests in a mix of investments using a multi-manager investment approach.

Fund Performance Comparison

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Peers

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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	1.24%	3.67%	7.62%	12.47%	6.17%	6.12%	6.2%	6.84%
Growth return	1.24%	3.67%	7.62%	12.47%	6.17%	6.12%	6.2%	6.84%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	0.67%	3.34%	8.26%	9.04%	12.12%	10.82%	6.61%	6.51%

As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Moderate Growth - MSIT

Australian Equities: 19.23%

International Equities: 24.52%

Cash: 12%

Property & Infrastructure: 5.90%

Fixed Interest: 27.82%

Alternatives: 10.52%

Average Allocation of Peers

Australian Equities: 16.35%

International Equities: 27.95%

Cash: 8.17%

Property & Infrastructure: 3.82%

Fixed Interest: 36.20%

Alternatives: 7.50%

General Information

Fund Details

Type	Description
Fund Name	Mercer Moderate Growth - MSIT (Wholesale)
Fund Status	Closed
APIR Code	MIN0043AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 31 Jul 2021)
Legal Structure	Superannuation Fund
Fund Inception	1 Apr 2010
Fund Size	$2.2 million (as at 30 Aug 2021)
Entry Price	$1.99476 (as at 31 Aug 2021)
Exit Price	$1.99058 (as at 31 Aug 2021)
Fund Status	Finalised

Offer information

Type	Description
MER	1.17% (as at 1 Jul 2019)
Indirect Cost Ratio (ICR)	1.20% (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 Moderate Growth - MSIT

What is the objective of the Mercer Moderate Growth - MSIT managed fund?

The objective of the Mercer Moderate 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 2.5% per annum over rolling four 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 4 years.

What is the strategy for the Mercer Moderate Growth - MSIT managed fund?

The strategy of the Mercer Moderate Growth - MSIT managed fund is The investment option invests in a mix of investments using a multi-manager investment approach.

What is the APIR code of the Mercer Moderate Growth - MSIT managed fund?

The APIR code of the Mercer Moderate Growth - MSIT managed fund is MIN0043AU.

What was Mercer Moderate Growth - MSIT’s total return last month?

Mercer Moderate Growth - MSIT’s total return last month was 1.24%. This was made up of a growth return of 1.24% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

What was Mercer Moderate Growth - MSIT’s total return for the last three months?

Mercer Moderate Growth - MSIT’s total return for the last three months was 3.67%. This was made up of a growth return of 3.67% and an income return of 0%%. These returns were calculated as at 31 Aug 2021.

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

Mercer Moderate Growth - MSIT’s one-year total return is 12.47%. This was made up of a growth return of 12.47% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

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

Mercer Moderate Growth - MSIT’s one-year total return is 6.12%. This was made up of a growth return of 6.12% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

What is the asset allocation of the Mercer Moderate Growth - MSIT managed fund?

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

Australian Equities: 19.23%

International Equities: 24.52%

Cash: 12%

Property & Infrastructure: 5.90%

Fixed Interest: 27.82%

Alternatives: 10.52%

What sector/asset class does the Mercer Moderate Growth - MSIT managed fund belong to?

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

What is the size of the Mercer Moderate Growth - MSIT managed fund?

As at 30 Aug 2021, the size of the Mercer Moderate Growth - MSIT managed fund was $2.2 million.

What is the inception date of the Mercer Moderate Growth - MSIT managed fund?

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

What is the current entry price of the Mercer Moderate Growth - MSIT managed fund?

The current entry price of the Mercer Moderate Growth - MSIT managed fund is $1.99476 per unit and the current exit price is $1.99058 per unit (as at 31 Aug 2021).

What is the current exit price of the Mercer Moderate Growth - MSIT managed fund?

The current exit price of the Mercer Moderate Growth - MSIT managed fund is $1.99058 per unit and the current entry price is $1.99476 per unit (as at 31 Aug 2021).

What is the minimum investment amount for the Mercer Moderate Growth - MSIT managed fund?

The minimum initial investment amount for the Mercer Moderate 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.

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