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  5. ANZ OneAnswer TTR - Merlon Australian Shares Income EF - Managed fund profile

ANZ OneAnswer TTR - Merlon Australian Shares Income EF - 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 Accumulation Index, whilst also providing the potential for capital growth and inflation protection over the medium to long term.
Fund Strategy
Merlon's investment approach is to build a portfolio of undervalued companies with high levels of sustainable free cash flow 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 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 0.25% 1.88% 2.64% 8.8% 10.62% 11.47% 6.37% -%
Growth return 0.25% 1.88% 2.64% 8.8% 10.62% 11.47% 6.37% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ANZ OneAnswer TTR - Merlon Australian Shares Income EF
Australian Equities
93.73%
Cash
6.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
Cash
-0.11%
International Equities
4.30%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
ANZ OneAnswer TTR - Merlon Australian Shares Income EF
Closed
OnePath Custodians Pty Limited
MMF9384AU
Equity Australia Derivative Income
starstarstar (as at 31 May 2023)
Superannuation Fund
26 May 2018
$0 million (as at 31 May 2023)
$1.35231 (as at 7 Jun 2023)
$1.34692 (as at 7 Jun 2023)
Finalised
Offer information
Type Description
MER 1.55% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) - Estimated 1.55% (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 Jul 2023)

Holding (as at 31 Jul 2023) Type % of Portfolio
Insurance Australia Group Ltd Equity 5.60%
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FAQs about the ANZ OneAnswer TTR - Merlon Australian Shares Income EF

The objective of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF 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 Accumulation Index, whilst also providing the potential for capital growth and inflation protection over the medium to long term.

The strategy of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF managed fund is Merlon's investment approach is to build a portfolio of undervalued companies with high levels of sustainable free cash flow 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 the ASX, which are selected based on Merlon's investment philosophy.

The APIR code of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF managed fund is MMF9384AU.

ANZ OneAnswer TTR - Merlon Australian Shares Income EF’s total return last month was 0.25%. This was made up of a growth return of 0.25% and an income return of 0%. These returns were calculated as at 31 May 2023.

ANZ OneAnswer TTR - Merlon Australian Shares Income EF’s total return for the last three months was 1.88%. This was made up of a growth return of 1.88% and an income return of 0%%. These returns were calculated as at 31 May 2023.

ANZ OneAnswer TTR - Merlon Australian Shares Income EF’s one-year total return is 8.8%. This was made up of a growth return of 8.8% and an income return of 0%. These returns were calculated as at 31 May 2023.

ANZ OneAnswer TTR - Merlon Australian Shares Income EF’s one-year total return is 11.47%. This was made up of a growth return of 11.47% and an income return of 0%. These returns were calculated as at 31 May 2023.

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

Australian Equities
93.73%
Cash
6.27%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

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

As at 31 May 2023, the size of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF managed fund was $0 million.

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

The current entry price of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF managed fund is $1.35231 per unit and the current exit price is $1.34692 per unit (as at 7 Jun 2023).

The current exit price of the ANZ OneAnswer TTR - Merlon Australian Shares Income EF managed fund is $1.34692 per unit and the current entry price is $1.35231 per unit (as at 7 Jun 2023).

The minimum initial investment amount for the ANZ OneAnswer TTR - Merlon Australian Shares Income EF 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.