Mercer Select Growth - Managed Fund (Closed)

Fund Objective

This fund aims to: to achieve a return (before tax and after investment management fees) that exceeds CPI increases by at least 4.0% per annum over rolling five year periods, to achieve a return (over the medium to longer term) which is competitive with comparable funds that have a similar allocation to growth assets and similar risk characteristics.

Fund Strategy

The Fund invests in a mix of investments using a multi-manager investment approach.

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	-0.75%	0.4%	6.01%	9.71%	10.4%	5.89%	8.48%	5.76%
Growth return	-0.75%	-8.82%	-4.15%	-4.47%	-0.43%	-2.78%	1.97%	0.52%
Income return	0%	9.22%	10.16%	14.18%	10.83%	8.67%	6.51%	5.24%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	-0.43%	1.58%	7.38%	20.91%	12.04%	5.34%	6.61%	7.49%

As at 31 Mar 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer Select Growth

Australian Equities: 25.31%

International Equities: 40.89%

Cash: 4.99%

Property: 11.24%

Fixed Interest: 11.91%

Alternatives: 5.66%

Average Allocation of Peers

Australian Equities: 27.54%

International Equities: 34.01%

Cash: 5.65%

Property: 6.82%

Fixed Interest: 21.54%

Alternatives: 4.45%

General Information

Fund Details

Type	Description
Fund Name	Mercer Select Growth (Wholesale)
Fund Status	Closed
Responsible Entity	Mercer Investments (Australia) Limited
APIR Code	MIN0021AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Mar 2018)
Legal Structure	Investment Fund
Fund Inception	1 Jul 2005
Fund Size	$14.12 million (as at 29 Mar 2018)
Entry Price	$1.0348 (as at 29 Mar 2018)
Exit Price	$1.032 (as at 29 Mar 2018)
Fund Status	Finalised

Offer information

Type	Description
MER	0.95% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR)	1.42% (as at 30 Jun 2017)
Performance fee (not included in ICR)	0
Minimum initial investment	$100,000
Minimum additional investments	$5,000.00
Minimum redemption amount

FAQs about the Mercer Select Growth

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

The objective of the Mercer Select Growth managed fund is This fund aims to: to achieve a return (before tax and after investment management fees) that exceeds CPI increases by at least 4.0% per annum over rolling five year periods, to achieve a return (over the medium to longer term) which is competitive with comparable funds that have a similar allocation to growth assets and similar risk characteristics.

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

The strategy of the Mercer Select Growth managed fund is The Fund invests in a mix of investments using a multi-manager investment approach.

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

The APIR code of the Mercer Select Growth managed fund is MIN0021AU.

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

Mercer Select Growth’s total return last month was -0.75%. This was made up of a growth return of -0.75% and an income return of 0%. These returns were calculated as at 31 Mar 2018.

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

Mercer Select Growth’s total return for the last three months was 0.4%. This was made up of a growth return of -8.82% and an income return of 9.22%%. These returns were calculated as at 31 Mar 2018.

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

Mercer Select Growth’s one-year total return is 9.71%. This was made up of a growth return of -4.47% and an income return of 14.18%. These returns were calculated as at 31 Mar 2018.

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

Mercer Select Growth’s one-year total return is 5.89%. This was made up of a growth return of -2.78% and an income return of 8.67%. These returns were calculated as at 31 Mar 2018.

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

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

Australian Equities: 25.31%

International Equities: 40.89%

Cash: 4.99%

Property: 11.24%

Fixed Interest: 11.91%

Alternatives: 5.66%

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

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

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

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

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

As at 29 Mar 2018, the size of the Mercer Select Growth managed fund was $14.12 million.

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

The Mercer Select Growth managed fund has an inception date of 1 Jul 2005.

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

The current entry price of the Mercer Select Growth managed fund is $1.0348 per unit and the current exit price is $1.032 per unit (as at 29 Mar 2018).

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

The current exit price of the Mercer Select Growth managed fund is $1.032 per unit and the current entry price is $1.0348 per unit (as at 29 Mar 2018).

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

The minimum initial investment amount for the Mercer Select Growth managed fund is $100,000. 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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