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  5. Mercer High Growth Plus - Managed fund profile

Mercer High Growth Plus - Managed Fund (Closed)

Fund Objective
To achieve a return (after investment management fees) that exceeds CPI increases by at least 4.5% per annum over rolling six year periods.
Fund Strategy
The Fund invests in a mix of investments using a multimanager investment approach.

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 1.07% 0.78% 3.81% 12.76% 16.39% 8.79% 10.55% -%
Growth return 1.07% 0.78% 3.46% 10.62% 13.43% 4.53% 7.2% -%
Income return 0% 0% 0.35% 2.14% 2.96% 4.26% 3.35% -%
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 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer High Growth Plus
Australian Equities
35.79%
International Equities
37.96%
Cash
5.66%
Property
3.57%
Fixed Interest
5.97%
Alternatives
11.04%
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
Mercer High Growth Plus (Wholesale)
Closed
Mercer Investments (Australia) Limited
MIN0022AU
Multisector Aggressive
starstarstar (as at 31 May 2014)
Investment Fund
1 Jul 2005
$5.8 million (as at 26 Jun 2014)
$1.0464 (as at 26 Jun 2014)
$1.0439 (as at 26 Jun 2014)
Finalised
Offer information
Type Description
MER 1% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 1.36% (as at 30 Jun 2013)
Performance fee (not included in ICR) 0.0582
Minimum initial investment $100,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the Mercer High Growth Plus

The objective of the Mercer High Growth Plus managed fund is To achieve a return (after investment management fees) that exceeds CPI increases by at least 4.5% per annum over rolling six year periods.

The strategy of the Mercer High Growth Plus managed fund is The Fund invests in a mix of investments using a multimanager investment approach.

The APIR code of the Mercer High Growth Plus managed fund is MIN0022AU.

Mercer High Growth Plus’s total return last month was 1.07%. This was made up of a growth return of 1.07% and an income return of 0%. These returns were calculated as at 31 May 2014.

Mercer High Growth Plus’s total return for the last three months was 0.78%. This was made up of a growth return of 0.78% and an income return of 0%%. These returns were calculated as at 31 May 2014.

Mercer High Growth Plus’s one-year total return is 12.76%. This was made up of a growth return of 10.62% and an income return of 2.14%. These returns were calculated as at 31 May 2014.

Mercer High Growth Plus’s one-year total return is 8.79%. This was made up of a growth return of 4.53% and an income return of 4.26%. These returns were calculated as at 31 May 2014.

The asset allocation of the Mercer High Growth Plus managed fund is :

Australian Equities
35.79%
International Equities
37.96%
Cash
5.66%
Property
3.57%
Fixed Interest
5.97%
Alternatives
11.04%

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

The Mercer High Growth Plus managed fund belongs to the Multisector Aggressive sector/asset class.

As at 26 Jun 2014, the size of the Mercer High Growth Plus managed fund was $5.8 million.

The Mercer High Growth Plus managed fund has an inception date of 1 Jul 2005.

The current entry price of the Mercer High Growth Plus managed fund is $1.0464 per unit and the current exit price is $1.0439 per unit (as at 26 Jun 2014).

The current exit price of the Mercer High Growth Plus managed fund is $1.0439 per unit and the current entry price is $1.0464 per unit (as at 26 Jun 2014).

The minimum initial investment amount for the Mercer High Growth Plus managed fund is $100,000. 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.