InvestSMART

Mercer Growth PCP - Managed Fund (Closed)

Fund Objective
To achieve a return (after investment management fees) that exceeds CPI increases by at least 4% per annum over rolling 5 year periods, Benchmark = CPI, Minimum Investment Timeframe: At least 5 yrs.
Fund Strategy
The Fund invests in a mix of investments using a multi-manager investment approach. Aus Shares - B/M: 27%, Range 15-45%, Intl Shares: B/M: 28%, Range 15-45%, Property and Infra - B/M: 13%, Range: 5-30%, Alts - B/M: 6%, Range: 0-15%, Growth FI - B/M 5%, Range: 0-15%, Defensive FI and cash - B/M: 21%, Range: 10-40%.

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 1.25% 2.08% 4.8% 10.77% 3.78% -% -% -%
Growth return 1.25% 2.08% 4.27% 4.39% -2% -% -% -%
Income return 0% 0% 0.53% 6.38% 5.78% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.65% 2.31% 3.82% 11.23% 11.01% 11.65% 8.32% 8.66%
As at 31 Mar 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
5.79%
Australian Equities
27.83%
International Equities
34.64%
Cash
5.20%
Property & Infrastructure
6.10%
Fixed Interest
20.44%

General Information

Fund Details
Type Description
Mercer Growth PCP
Closed
Mercer Investments (Australia) Limited
MIN0091AU
Multisector Growth
Not Rated
Investment Fund
16 Feb 2015
$0.13 million (as at 19 Apr 2017)
$0.9758 (as at 19 Apr 2017)
$0.9726 (as at 19 Apr 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.07% (as at 30 Jun 2016)
Performance fee (not included in ICR) 0.076
Minimum initial investment $10,000.00
Minimum additional investments $2,500.00
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FAQs about the Mercer Growth PCP

The objective of the Mercer Growth PCP managed fund is To achieve a return (after investment management fees) that exceeds CPI increases by at least 4% per annum over rolling 5 year periods, Benchmark = CPI, Minimum Investment Timeframe: At least 5 yrs.

The strategy of the Mercer Growth PCP managed fund is The Fund invests in a mix of investments using a multi-manager investment approach. Aus Shares - B/M: 27%, Range 15-45%, Intl Shares: B/M: 28%, Range 15-45%, Property and Infra - B/M: 13%, Range: 5-30%, Alts - B/M: 6%, Range: 0-15%, Growth FI - B/M 5%, Range: 0-15%, Defensive FI and cash - B/M: 21%, Range: 10-40%.

The APIR code of the Mercer Growth PCP managed fund is MIN0091AU.

Mercer Growth PCP’s total return last month was 1.25%. This was made up of a growth return of 1.25% and an income return of 0%. These returns were calculated as at 31 Mar 2017.

Mercer Growth PCP’s total return for the last three months was 2.08%. This was made up of a growth return of 2.08% and an income return of 0%%. These returns were calculated as at 31 Mar 2017.

Mercer Growth PCP’s one-year total return is 10.77%. This was made up of a growth return of 4.39% and an income return of 6.38%. These returns were calculated as at 31 Mar 2017.

Mercer Growth PCP’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2017.

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

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

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

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

As at 19 Apr 2017, the size of the Mercer Growth PCP managed fund was $0.13 million.

The Mercer Growth PCP managed fund has an inception date of 16 Feb 2015.

The current entry price of the Mercer Growth PCP managed fund is $0.9758 per unit and the current exit price is $0.9726 per unit (as at 19 Apr 2017).

The current exit price of the Mercer Growth PCP managed fund is $0.9726 per unit and the current entry price is $0.9758 per unit (as at 19 Apr 2017).

The minimum initial investment amount for the Mercer Growth PCP managed fund is $10,000. Minimum additional investment is $2500.

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.