InvestSMART

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF - Managed Fund (Closed)

Fund Objective
The fund aims to provide a higher level of tax effective income with a lower level of risk than the S&P/ASX 200 Accum. Index, with the potential for capital growth and inflation protection over the medium to long-term.
Fund Strategy
To build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon's investment philosophy.

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 0.42% 1.86% 2.39% 8.02% 9.68% 10.47% 5.33% -%
Growth return 0.42% 1.86% 2.39% 8.02% 9.68% 10.47% 5.33% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF
Australian Equities
98.51%
Cash
1.49%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.38%
Cash
-0.73%
International Equities
5.10%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF
Closed
OnePath Custodians Pty Limited
MMF7990AU
Equity Australia Derivative Income
star (as at 31 May 2023)
Superannuation Fund
26 May 2018
$0.01 million (as at 31 May 2023)
$1.29263 (as at 7 Jun 2023)
$1.28748 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
MER 2.30% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) - Estimated 2.30% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Ramsay Health Care Ltd Equity 5.28%
Login now to view the complete list of holdings.

FAQs about the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF

The objective of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is The fund aims to provide a higher level of tax effective income with a lower level of risk than the S&P/ASX 200 Accum. Index, with the potential for capital growth and inflation protection over the medium to long-term.

The strategy of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is To build a portfolio of undervalued high dividend yielding companies and to then reduce some risk through the use of derivatives. Merlon aims for the fund to be fully invested in large and mid-cap companies listed on Australian listed exchanges such as the ASX, which are selected based on Merlon's investment philosophy.

The APIR code of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is MMF7990AU.

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF’s total return last month was 0.42%. This was made up of a growth return of 0.42% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF’s total return for the last three months was 1.86%. This was made up of a growth return of 1.86% and an income return of 0%%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF’s one-year total return is 8.02%. This was made up of a growth return of 8.02% and an income return of 0%. These returns were calculated as at 31 May 2023.

OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF’s one-year total return is 10.47%. This was made up of a growth return of 10.47% and an income return of 0%. These returns were calculated as at 31 May 2023.

The asset allocation of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is :

Australian Equities
98.51%
Cash
1.49%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is OnePath Custodians Pty Limited.

The OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund belongs to the Equity Australia Derivative Income sector/asset class.

As at 31 May 2023, the size of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund was $0.01 million.

The OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund has an inception date of 26 May 2018.

The current entry price of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is $1.29263 per unit and the current exit price is $1.28748 per unit (as at 7 Jun 2023).

The current exit price of the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is $1.28748 per unit and the current entry price is $1.29263 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the OnePath OneAnswer - TTR - Merlon Australian Shares Income NEF managed fund is $20,000. Minimum additional investment is $0.

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.