InvestSMART

Mercer Select Growth - Managed Fund (Closed)

Fund Objective
This fund aims to: to achieve a return (before tax and after investment management fees) that exceeds CPI increases by at least 4.0% per annum over rolling five year periods, 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.
Fund Strategy
The Fund invests in a mix of investments using a multi-manager investment approach.

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 -0.75% 0.4% 6.01% 9.71% 10.4% 5.89% 8.48% 5.76%
Growth return -0.75% -8.82% -4.15% -4.47% -0.43% -2.78% 1.97% 0.52%
Income return 0% 9.22% 10.16% 14.18% 10.83% 8.67% 6.51% 5.24%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 31 Mar 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Select Growth
Australian Equities
25.31%
International Equities
40.89%
Cash
4.99%
Property & Infrastructure
11.24%
Fixed Interest
11.91%
Alternatives
5.66%
Average Allocation of Peers
Australian Equities
27.15%
International Equities
35.57%
Cash
5.91%
Property & Infrastructure
6.37%
Fixed Interest
21.02%
Alternatives
3.98%

General Information

Fund Details
Type Description
Mercer Select Growth (Wholesale)
Closed
Mercer Investments (Australia) Limited
MIN0021AU
Multisector Growth
starstarstar (as at 31 Mar 2018)
Investment Fund
1 Jul 2005
$14.12 million (as at 29 Mar 2018)
$1.0348 (as at 29 Mar 2018)
$1.032 (as at 29 Mar 2018)
Finalised
Offer information
Type Description
MER 0.95% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 1.42% (as at 30 Jun 2017)
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 Select Growth

The objective of the Mercer Select Growth managed fund is This fund aims to: to achieve a return (before tax and after investment management fees) that exceeds CPI increases by at least 4.0% per annum over rolling five year periods, 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.

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

The APIR code of the Mercer Select Growth managed fund is MIN0021AU.

Mercer Select Growth’s total return last month was -0.75%. This was made up of a growth return of -0.75% and an income return of 0%. These returns were calculated as at 31 Mar 2018.

Mercer Select Growth’s total return for the last three months was 0.4%. This was made up of a growth return of -8.82% and an income return of 9.22%%. These returns were calculated as at 31 Mar 2018.

Mercer Select Growth’s one-year total return is 9.71%. This was made up of a growth return of -4.47% and an income return of 14.18%. These returns were calculated as at 31 Mar 2018.

Mercer Select Growth’s one-year total return is 5.89%. This was made up of a growth return of -2.78% and an income return of 8.67%. These returns were calculated as at 31 Mar 2018.

The asset allocation of the Mercer Select Growth managed fund is :

Australian Equities
25.31%
International Equities
40.89%
Cash
4.99%
Property & Infrastructure
11.24%
Fixed Interest
11.91%
Alternatives
5.66%

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

The Mercer Select Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 29 Mar 2018, the size of the Mercer Select Growth managed fund was $14.12 million.

The Mercer Select Growth managed fund has an inception date of 1 Jul 2005.

The current entry price of the Mercer Select Growth managed fund is $1.0348 per unit and the current exit price is $1.032 per unit (as at 29 Mar 2018).

The current exit price of the Mercer Select Growth managed fund is $1.032 per unit and the current entry price is $1.0348 per unit (as at 29 Mar 2018).

The minimum initial investment amount for the Mercer Select Growth 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.