InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Mercer Passive Hedged International Shares - Managed fund profile

Mercer Passive Hedged International Shares - Managed Fund

Fund Objective
The Fund aims to meet the benchmark, before management costs, over the medium to long term.
Fund Strategy
The Fund invests in international shares using a passive approach, via a single investment manager. This strategy is designed to offer low cost access to a diverse range of shares in a range of countries and industry sectors, by investing according to the benchmark's market-cap weighted index. The Fund has in place currency hedging arrangements to minimise the impact of fluctuations in the Australian dollar against other currencies.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 5.05% 5.57% 10.9% 27.78% 19.2% 8.5% 11.62% 10.66%
Growth return 5.05% 5.57% 10.9% 27.78% 19.2% 8.5% 10.23% 7.68%
Income return 0% 0% 0% 0% 0% 0% 1.39% 2.98%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Passive Hedged International Shares
International Equities
99.61%
Cash
0.39%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
98.13%
Cash
1.39%
Australian Equities
0.07%
Property
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Mercer Passive Hedged International Shares
Mercer Investments (Australia) Limited
NCL0006AU
Equity World - Currency Hedged
starstarstarstar (as at 30 Nov 2024)
Investment Fund
20 Jun 2008
$2050.18 million (as at 13 Dec 2024)
$3.0825 (as at 23 Dec 2024)
$3.0798 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 0.26% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 0.26% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments $5,000.00

FAQs about the Mercer Passive Hedged International Shares

The objective of the Mercer Passive Hedged International Shares managed fund is The Fund aims to meet the benchmark, before management costs, over the medium to long term.

The strategy of the Mercer Passive Hedged International Shares managed fund is The Fund invests in international shares using a passive approach, via a single investment manager. This strategy is designed to offer low cost access to a diverse range of shares in a range of countries and industry sectors, by investing according to the benchmark's market-cap weighted index. The Fund has in place currency hedging arrangements to minimise the impact of fluctuations in the Australian dollar against other currencies.

The APIR code of the Mercer Passive Hedged International Shares managed fund is NCL0006AU.

Mercer Passive Hedged International Shares’s total return last month was 5.05%. This was made up of a growth return of 5.05% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Mercer Passive Hedged International Shares’s total return for the last three months was 5.57%. This was made up of a growth return of 5.57% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

Mercer Passive Hedged International Shares’s one-year total return is 27.78%. This was made up of a growth return of 27.78% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Mercer Passive Hedged International Shares’s one-year total return is 8.5%. This was made up of a growth return of 8.5% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Mercer Passive Hedged International Shares managed fund is :

International Equities
99.61%
Cash
0.39%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Mercer Passive Hedged International Shares managed fund is Mercer Investments (Australia) Limited.

The Mercer Passive Hedged International Shares managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 13 Dec 2024, the size of the Mercer Passive Hedged International Shares managed fund was $2050.18 million.

The Mercer Passive Hedged International Shares managed fund has an inception date of 20 Jun 2008.

The current entry price of the Mercer Passive Hedged International Shares managed fund is $3.0825 per unit and the current exit price is $3.0798 per unit (as at 23 Dec 2024).

The current exit price of the Mercer Passive Hedged International Shares managed fund is $3.0798 per unit and the current entry price is $3.0825 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the Mercer Passive Hedged International Shares 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.