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  5. Mercer Conservative Growth Enhanced Pasv Units - Managed fund profile

Mercer Conservative Growth Enhanced Pasv Units - Managed Fund

Fund Objective
To achieve a return that exceeds CPI increases by at least 1.5% per annum over rolling three year periods.
Fund Strategy
The Class invests in mostly defensive orientated assets, including fixed interest and cash. 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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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 0.93% 3.4% 3.44% 10.6% 8.52% 2.62% 3.45% -%
Growth return -0.2% 1.24% 3.8% -% 4.5% 0.34% 0.43% -%
Income return 1.13% 2.16% -0.36% -% 4.02% 2.28% 3.02% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return -0.94% 0.81% 4.73% 12.7% 6.97% 2.07% 2.67% 4.24%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Conservative Growth Enhanced Pasv Units
Australian Equities
9.23%
International Equities
19.09%
Cash
21.17%
Property
10.13%
Fixed Interest
38.91%
Alternatives
1.47%
Average Allocation of Peers
Australian Equities
11.14%
International Equities
13.57%
Cash
17.25%
Property
4.33%
Fixed Interest
47.56%
Alternatives
6.15%

General Information

Fund Details
Type Description
Mercer Conservative Growth Enhanced Pasv Units
Mercer Investments (Australia) Limited
NCL1621AU
Multisector Moderate
starstarstarstar (as at 30 Sep 2024)
Investment Fund
1 Oct 2018
$9.54 million (as at 31 Oct 2024)
$1.0689 (as at 1 Nov 2024)
$1.067 (as at 1 Nov 2024)
Open
Offer information
Type Description
MER 0.29% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 0.29% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00

FAQs about the Mercer Conservative Growth Enhanced Pasv Units

The objective of the Mercer Conservative Growth Enhanced Pasv Units managed fund is To achieve a return that exceeds CPI increases by at least 1.5% per annum over rolling three year periods.

The strategy of the Mercer Conservative Growth Enhanced Pasv Units managed fund is The Class invests in mostly defensive orientated assets, including fixed interest and cash. 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.

The APIR code of the Mercer Conservative Growth Enhanced Pasv Units managed fund is NCL1621AU.

Mercer Conservative Growth Enhanced Pasv Units’s total return last month was 0.93%. This was made up of a growth return of -0.2% and an income return of 1.13%. These returns were calculated as at 30 Sep 2024.

Mercer Conservative Growth Enhanced Pasv Units’s total return for the last three months was 3.4%. This was made up of a growth return of 1.24% and an income return of 2.16%%. These returns were calculated as at 30 Sep 2024.

Mercer Conservative Growth Enhanced Pasv Units’s one-year total return is 10.6%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2024.

Mercer Conservative Growth Enhanced Pasv Units’s one-year total return is 2.62%. This was made up of a growth return of 0.34% and an income return of 2.28%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the Mercer Conservative Growth Enhanced Pasv Units managed fund is :

Australian Equities
9.23%
International Equities
19.09%
Cash
21.17%
Property
10.13%
Fixed Interest
38.91%
Alternatives
1.47%

The Responsible Entity for the Mercer Conservative Growth Enhanced Pasv Units managed fund is Mercer Investments (Australia) Limited.

The Mercer Conservative Growth Enhanced Pasv Units managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Oct 2024, the size of the Mercer Conservative Growth Enhanced Pasv Units managed fund was $9.54 million.

The Mercer Conservative Growth Enhanced Pasv Units managed fund has an inception date of 1 Oct 2018.

The current entry price of the Mercer Conservative Growth Enhanced Pasv Units managed fund is $1.0689 per unit and the current exit price is $1.067 per unit (as at 1 Nov 2024).

The current exit price of the Mercer Conservative Growth Enhanced Pasv Units managed fund is $1.067 per unit and the current entry price is $1.0689 per unit (as at 1 Nov 2024).

The minimum initial investment amount for the Mercer Conservative Growth Enhanced Pasv 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.