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  5. Mercer Multi-manager Fixed Interest Wholesale - Managed fund profile

Mercer Multi-manager Fixed Interest Wholesale - Managed Fund (Closed)

Fund Objective
The Fund aims to provide consistent income and relatively stable returns with low potential for capital loss in the short term. The suggested investment period is three years or more.
Fund Strategy
The Fund invests predominantly in global and Australian fixed interest instruments through a number of leading investment managers.

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 -0.57% 2.62% 2.55% 3.89% -2.03% -1.82% 0.41% 2.23%
Growth return -0.57% 2.62% 2.55% 3.89% -2.09% -3.17% -2.03% -1.12%
Income return 0% 0% 0% 0% 0.06% 1.35% 2.44% 3.35%
Market index (MorningstarAus BBG AuBd Cmp/BCGA TR HAUD)
Total return -1.69% 0.07% 3.14% 7.72% 3.51% -1.25% -0.63% 2.07%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Multi-manager Fixed Interest Wholesale
Cash
-19%
Fixed Interest
119%
Alternatives
0%
Australian Equities
0%
International Equities
0%
Average Allocation of Peers
Cash
0.24%
Fixed Interest
98.95%
Alternatives
0.79%
Australian Equities
0%
International Equities
0.03%

General Information

Fund Details
Type Description
Mercer Multi-manager Fixed Interest Wholesale (Wholesale)
Closed
BTA0260AU
Bonds - Global / Australia
starstarstar (as at 31 Jan 2024)
Investment Fund
1 Apr 2006
$23.22 million (as at 4 Mar 2024)
$0.88881 (as at 4 Mar 2024)
$0.88881 (as at 4 Mar 2024)
Finalised
Offer information
Type Description
MER 0.51% (as at 1 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated 0.51% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $500,000

FAQs about the Mercer Multi-manager Fixed Interest Wholesale

The objective of the Mercer Multi-manager Fixed Interest Wholesale managed fund is The Fund aims to provide consistent income and relatively stable returns with low potential for capital loss in the short term. The suggested investment period is three years or more.

The strategy of the Mercer Multi-manager Fixed Interest Wholesale managed fund is The Fund invests predominantly in global and Australian fixed interest instruments through a number of leading investment managers.

The APIR code of the Mercer Multi-manager Fixed Interest Wholesale managed fund is BTA0260AU.

Mercer Multi-manager Fixed Interest Wholesale’s total return last month was -0.57%. This was made up of a growth return of -0.57% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

Mercer Multi-manager Fixed Interest Wholesale’s total return for the last three months was 2.62%. This was made up of a growth return of 2.62% and an income return of 0%%. These returns were calculated as at 29 Feb 2024.

Mercer Multi-manager Fixed Interest Wholesale’s one-year total return is 3.89%. This was made up of a growth return of 3.89% and an income return of 0%. These returns were calculated as at 29 Feb 2024.

Mercer Multi-manager Fixed Interest Wholesale’s one-year total return is -1.82%. This was made up of a growth return of -3.17% and an income return of 1.35%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the Mercer Multi-manager Fixed Interest Wholesale managed fund is :

Cash
-19%
Fixed Interest
119%
Alternatives
0%
Australian Equities
0%
International Equities
0%

The Mercer Multi-manager Fixed Interest Wholesale managed fund belongs to the Bonds - Global / Australia sector/asset class.

As at 4 Mar 2024, the size of the Mercer Multi-manager Fixed Interest Wholesale managed fund was $23.22 million.

The Mercer Multi-manager Fixed Interest Wholesale managed fund has an inception date of 1 Apr 2006.

The current entry price of the Mercer Multi-manager Fixed Interest Wholesale managed fund is $0.88881 per unit and the current exit price is $0.88881 per unit (as at 4 Mar 2024).

The current exit price of the Mercer Multi-manager Fixed Interest Wholesale managed fund is $0.88881 per unit and the current entry price is $0.88881 per unit (as at 4 Mar 2024).

The minimum initial investment amount for the Mercer Multi-manager Fixed Interest Wholesale managed fund is $500,000.

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.