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  5. Mercer Moderate Growth Active Units - Managed fund profile

Mercer Moderate Growth Active Units - Managed Fund

Fund Objective
To achieve a return (before management costs) that exceeds CPI increases by at least 1.5% per annum over rolling four year periods.
Fund Strategy
The Class has allocations towards both growth and defensive oriented assets, including shares, real assets, alternatives and fixed interest. 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 0.13% 1.38% 4.99% 13.05% 8.2% 4.42% 4.87% 5.72%
Growth return 0.13% 1.38% 3.1% -% 5.94% 1.62% 0.97% 1.79%
Income return 0% 0% 1.89% -% 2.26% 2.8% 3.9% 3.93%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Moderate Growth Active Units
Australian Equities
18.63%
International Equities
29.15%
Cash
10.80%
Property
8.61%
Fixed Interest
31.39%
Alternatives
1.42%
Average Allocation of Peers
Australian Equities
15.88%
International Equities
27.90%
Cash
9.88%
Property
3.97%
Fixed Interest
35.49%
Alternatives
6.88%

General Information

Fund Details
Type Description
Mercer Moderate Growth Active Units (Wholesale)
Mercer Investments (Australia) Limited
MIN0014AU
Multisector Balanced
starstarstarstarstar (as at 31 Oct 2024)
Investment Fund
30 Nov 2004
$802.99 million (as at 21 Nov 2024)
$1.2179 (as at 21 Nov 2024)
$1.2155 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 0.96% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 0.96% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0.09
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the Mercer Moderate Growth Active Units

The objective of the Mercer Moderate Growth Active Units managed fund is To achieve a return (before management costs) that exceeds CPI increases by at least 1.5% per annum over rolling four year periods.

The strategy of the Mercer Moderate Growth Active Units managed fund is The Class has allocations towards both growth and defensive oriented assets, including shares, real assets, alternatives and fixed interest. 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 Moderate Growth Active Units managed fund is MIN0014AU.

Mercer Moderate Growth Active Units’s total return last month was 0.13%. This was made up of a growth return of 0.13% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Mercer Moderate Growth Active Units’s total return for the last three months was 1.38%. This was made up of a growth return of 1.38% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Mercer Moderate Growth Active Units’s one-year total return is 13.05%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Mercer Moderate Growth Active Units’s one-year total return is 4.42%. This was made up of a growth return of 1.62% and an income return of 2.8%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Mercer Moderate Growth Active Units managed fund is :

Australian Equities
18.63%
International Equities
29.15%
Cash
10.80%
Property
8.61%
Fixed Interest
31.39%
Alternatives
1.42%

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

The Mercer Moderate Growth Active Units managed fund belongs to the Multisector Balanced sector/asset class.

As at 21 Nov 2024, the size of the Mercer Moderate Growth Active Units managed fund was $802.99 million.

The Mercer Moderate Growth Active Units managed fund has an inception date of 30 Nov 2004.

The current entry price of the Mercer Moderate Growth Active Units managed fund is $1.2179 per unit and the current exit price is $1.2155 per unit (as at 21 Nov 2024).

The current exit price of the Mercer Moderate Growth Active Units managed fund is $1.2155 per unit and the current entry price is $1.2179 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the Mercer Moderate Growth Active 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.