Mercer Diversified Shares Fund - Managed Fund

Fund Objective

The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4% per annum over rolling ten year periods.

Fund Strategy

The Fund invests in Australian and international shares, including small capitalisation stocks ('small caps') and emerging markets. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability.

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	1.39%	1.39%	11.98%	15.32%	9.98%	6.52%	8.99%	8.66%
Growth return	1.39%	1.39%	11.83%	12.43%	4.89%	1.54%	4.78%	3.61%
Income return	0%	0%	0.15%	2.89%	5.09%	4.98%	4.21%	5.05%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return	0%	2.01%	8.7%	25.16%	14.86%	7.15%	8.74%	9.16%

As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Diversified Shares Fund

Australian Equities: 42.64%

International Equities: 54.63%

Cash: -0.25%

Property: 2.98%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 34.11%

International Equities: 48.68%

Cash: 3.24%

Property: 4.86%

Fixed Interest: 5.58%

Alternatives: 3.52%

General Information

Fund Details

Type	Description
Fund Name	Mercer Diversified Shares Fund (Wholesale)
Responsible Entity	Mercer Investments (Australia) Limited
APIR Code	MIN0019AU
Sector/Asset Class	Multisector Aggressive
Morningstar Rating	(as at 31 May 2024)
Legal Structure	Investment Fund
Fund Inception	30 Nov 2004
Fund Size	$10.76 million (as at 3 Jun 2024)
Entry Price	$1.3892 (as at 3 Jun 2024)
Exit Price	$1.3852 (as at 3 Jun 2024)
Fund Status	Finalised

Offer information

Type	Description
MER	1.11% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated	1.11% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR)	0.05
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

FAQs about the Mercer Diversified Shares Fund

What is the objective of the Mercer Diversified Shares Fund managed fund?

The objective of the Mercer Diversified Shares Fund managed fund is The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4% per annum over rolling ten year periods.

What is the strategy for the Mercer Diversified Shares Fund managed fund?

The strategy of the Mercer Diversified Shares Fund managed fund is The Fund invests in Australian and international shares, including small capitalisation stocks ('small caps') and emerging markets. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability.

What is the APIR code of the Mercer Diversified Shares Fund managed fund?

The APIR code of the Mercer Diversified Shares Fund managed fund is MIN0019AU.

What was Mercer Diversified Shares Fund’s total return last month?

Mercer Diversified Shares Fund’s total return last month was 1.39%. This was made up of a growth return of 1.39% and an income return of 0%. These returns were calculated as at 31 May 2024.

What was Mercer Diversified Shares Fund’s total return for the last three months?

Mercer Diversified Shares Fund’s total return for the last three months was 1.39%. This was made up of a growth return of 1.39% and an income return of 0%%. These returns were calculated as at 31 May 2024.

What is Mercer Diversified Shares Fund’s one-year total return?

Mercer Diversified Shares Fund’s one-year total return is 15.32%. This was made up of a growth return of 12.43% and an income return of 2.89%. These returns were calculated as at 31 May 2024.

What is Mercer Diversified Shares Fund’s three-year total return?

Mercer Diversified Shares Fund’s one-year total return is 6.52%. This was made up of a growth return of 1.54% and an income return of 4.98%. These returns were calculated as at 31 May 2024.

What is the asset allocation of the Mercer Diversified Shares Fund managed fund?

The asset allocation of the Mercer Diversified Shares Fund managed fund is :

Australian Equities: 42.64%

International Equities: 54.63%

Cash: -0.25%

Property: 2.98%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Mercer Diversified Shares Fund managed fund?

The Responsible Entity for the Mercer Diversified Shares Fund managed fund is Mercer Investments (Australia) Limited.

What sector/asset class does the Mercer Diversified Shares Fund managed fund belong to?

The Mercer Diversified Shares Fund managed fund belongs to the Multisector Aggressive sector/asset class.

What is the size of the Mercer Diversified Shares Fund managed fund?

As at 3 Jun 2024, the size of the Mercer Diversified Shares Fund managed fund was $10.76 million.

What is the inception date of the Mercer Diversified Shares Fund managed fund?

The Mercer Diversified Shares Fund managed fund has an inception date of 30 Nov 2004.

What is the current entry price of the Mercer Diversified Shares Fund managed fund?

The current entry price of the Mercer Diversified Shares Fund managed fund is $1.3892 per unit and the current exit price is $1.3852 per unit (as at 3 Jun 2024).

What is the current exit price of the Mercer Diversified Shares Fund managed fund?

The current exit price of the Mercer Diversified Shares Fund managed fund is $1.3852 per unit and the current entry price is $1.3892 per unit (as at 3 Jun 2024).

What is the minimum investment amount for the Mercer Diversified Shares Fund managed fund?

The minimum initial investment amount for the Mercer Diversified Shares Fund 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.

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