Mercer High Growth - Managed Fund

Fund Objective

The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4.0% per annum over rolling ten year periods.

Fund Strategy

The Fund invests in a range of primarily growth oriented assets, including shares, real assets and alternatives. 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 Fund may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.

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	0.33%	1.6%	7.22%	20.24%	11.46%	5.8%	7.43%	7.91%
Growth return	0.33%	1.6%	0.24%	-%	-2.53%	-5.14%	-2.66%	-0.2%
Income return	0%	0%	6.98%	-%	13.99%	10.94%	10.09%	8.11%
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 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer High Growth

Australian Equities: 32.39%

International Equities: 48.38%

Cash: 4.98%

Property: 8.03%

Fixed Interest: 5.51%

Alternatives: 0.71%

Average Allocation of Peers

Australian Equities: 34.27%

International Equities: 47.88%

Cash: 3.52%

Property: 4.93%

Fixed Interest: 5.77%

Alternatives: 3.63%

General Information

Fund Details

Type	Description
Fund Name	Mercer High Growth (Wholesale)
Responsible Entity	Mercer Investments (Australia) Limited
APIR Code	MIN0012AU
Sector/Asset Class	Multisector Aggressive
Morningstar Rating	(as at 30 Sep 2024)
Legal Structure	Investment Fund
Fund Inception	30 Nov 2004
Fund Size	$15.84 million (as at 4 Nov 2024)
Entry Price	$0.963 (as at 5 Nov 2024)
Exit Price	$0.9606 (as at 5 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	1.18% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated	1.18% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR)	0.12
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00
Minimum redemption amount

FAQs about the Mercer High Growth

What is the objective of the Mercer High Growth managed fund?

The objective of the Mercer High Growth managed fund is The Fund aims to achieve a return (before management costs) that exceeds CPI increases by at least 4.0% per annum over rolling ten year periods.

What is the strategy for the Mercer High Growth managed fund?

The strategy of the Mercer High Growth managed fund is The Fund invests in a range of primarily growth oriented assets, including shares, real assets and alternatives. 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 Fund may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.

What is the APIR code of the Mercer High Growth managed fund?

The APIR code of the Mercer High Growth managed fund is MIN0012AU.

What was Mercer High Growth’s total return last month?

Mercer High Growth’s total return last month was 0.33%. This was made up of a growth return of 0.33% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Mercer High Growth’s total return for the last three months?

Mercer High Growth’s total return for the last three months was 1.6%. This was made up of a growth return of 1.6% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

What is Mercer High Growth’s one-year total return?

Mercer High Growth’s one-year total return is 20.24%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

What is Mercer High Growth’s three-year total return?

Mercer High Growth’s one-year total return is 5.8%. This was made up of a growth return of -5.14% and an income return of 10.94%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Mercer High Growth managed fund?

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

Australian Equities: 32.39%

International Equities: 48.38%

Cash: 4.98%

Property: 8.03%

Fixed Interest: 5.51%

Alternatives: 0.71%

Who is the responsible Entity of the Mercer High Growth managed fund?

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

What sector/asset class does the Mercer High Growth managed fund belong to?

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

What is the size of the Mercer High Growth managed fund?

As at 4 Nov 2024, the size of the Mercer High Growth managed fund was $15.84 million.

What is the inception date of the Mercer High Growth managed fund?

The Mercer High Growth managed fund has an inception date of 30 Nov 2004.

What is the current entry price of the Mercer High Growth managed fund?

The current entry price of the Mercer High Growth managed fund is $0.963 per unit and the current exit price is $0.9606 per unit (as at 5 Nov 2024).

What is the current exit price of the Mercer High Growth managed fund?

The current exit price of the Mercer High Growth managed fund is $0.9606 per unit and the current entry price is $0.963 per unit (as at 5 Nov 2024).

What is the minimum investment amount for the Mercer High Growth managed fund?

The minimum initial investment amount for the Mercer High Growth 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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