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  5. Mercer Pendal Australian Fixed Interest MPS - Managed fund profile

Mercer Pendal Australian Fixed Interest MPS - Managed Fund

Fund Objective
The Fund aims to exceed the benchmark; before management fees and costs; over the medium term.
Fund Strategy
This Fund provides exposure to Australian fixed interest securities utilising an active; single-manager approach. The Fund may also have exposure to non-Australian fixed interest securities. Derivatives may be used in implementing the investment strategy. The Fund has currency hedging arrangements in place to minimise the impact of fluctuations in the Australian dollar against other currencies. The Fund may engage in securities lending (i.e. short term loans of securities in return for a fee) to incrementally increase returns to investors.

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 1.13% -0.38% 2.98% 5.36% 3.02% -1% -0.57% -%
Growth return 1.13% -0.72% 2.63% 4.08% 2.19% -1.89% -2.38% -%
Income return 0% 0.34% 0.35% 1.28% 0.83% 0.89% 1.81% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.14% -0.46% 3.02% 5.16% 2.65% -0.93% -0.61% 2.09%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Pendal Australian Fixed Interest MPS
Cash
23.10%
Fixed Interest
76.90%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.49%
Fixed Interest
92.26%
Australian Equities
1.30%
International Equities
0.54%
Property
0.06%
Alternatives
0.35%

General Information

Fund Details
Type Description
Mercer Pendal Australian Fixed Interest MPS
Mercer Investments (Australia) Limited
WFS2393AU
Bonds - Australia
starstarstar (as at 30 Nov 2024)
Investment Fund
15 Oct 2018
$116.27 million (as at 12 Dec 2024)
$0.963 (as at 12 Dec 2024)
$0.9611 (as at 12 Dec 2024)
Open
Offer information
Type Description
MER 0.34% (as at 1 Dec 2024)
Indirect Cost Ratio (ICR) 0.34% (as at 30 Jun 2024)
Performance fee (not included in ICR) Not Available
Minimum initial investment $500,000
Minimum additional investments

Top 10 holdings (as at 30 Nov 2024)

Holding (as at 30 Nov 2024) Type % of Portfolio
Pendal Government Bond Mutual Fund - Open End 74.88%
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FAQs about the Mercer Pendal Australian Fixed Interest MPS

The objective of the Mercer Pendal Australian Fixed Interest MPS managed fund is The Fund aims to exceed the benchmark; before management fees and costs; over the medium term.

The strategy of the Mercer Pendal Australian Fixed Interest MPS managed fund is This Fund provides exposure to Australian fixed interest securities utilising an active; single-manager approach. The Fund may also have exposure to non-Australian fixed interest securities. Derivatives may be used in implementing the investment strategy. The Fund has currency hedging arrangements in place to minimise the impact of fluctuations in the Australian dollar against other currencies. The Fund may engage in securities lending (i.e. short term loans of securities in return for a fee) to incrementally increase returns to investors.

The APIR code of the Mercer Pendal Australian Fixed Interest MPS managed fund is WFS2393AU.

Mercer Pendal Australian Fixed Interest MPS’s total return last month was 1.13%. This was made up of a growth return of 1.13% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Mercer Pendal Australian Fixed Interest MPS’s total return for the last three months was -0.38%. This was made up of a growth return of -0.72% and an income return of 0.34%%. These returns were calculated as at 30 Nov 2024.

Mercer Pendal Australian Fixed Interest MPS’s one-year total return is 5.36%. This was made up of a growth return of 4.08% and an income return of 1.28%. These returns were calculated as at 30 Nov 2024.

Mercer Pendal Australian Fixed Interest MPS’s one-year total return is -1%. This was made up of a growth return of -1.89% and an income return of 0.89%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Mercer Pendal Australian Fixed Interest MPS managed fund is :

Cash
23.10%
Fixed Interest
76.90%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Mercer Pendal Australian Fixed Interest MPS managed fund is Mercer Investments (Australia) Limited.

The Mercer Pendal Australian Fixed Interest MPS managed fund belongs to the Bonds - Australia sector/asset class.

As at 12 Dec 2024, the size of the Mercer Pendal Australian Fixed Interest MPS managed fund was $116.27 million.

The Mercer Pendal Australian Fixed Interest MPS managed fund has an inception date of 15 Oct 2018.

The current entry price of the Mercer Pendal Australian Fixed Interest MPS managed fund is $0.963 per unit and the current exit price is $0.9611 per unit (as at 12 Dec 2024).

The current exit price of the Mercer Pendal Australian Fixed Interest MPS managed fund is $0.9611 per unit and the current entry price is $0.963 per unit (as at 12 Dec 2024).

The minimum initial investment amount for the Mercer Pendal Australian Fixed Interest MPS managed fund is $500,000. Minimum additional investment is $0.

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.