When cash is king ...

If you consider "cash is king", then term deposits rule at the moment. Banks are still under pressure to secure more stable sources of funding, which has given rise to "special" term deposit rates that continue to be more attractive than those offered by bank bills, the underlying investments of traditional cash funds. If you're an investor seeking to put money into cash, we invite you to consider the Mercer Cash Fund - Term Deposit Units. Please note that this fund is designed for institutional "wholesale" investors and a minimum investment of $100,000 applies.

Lonsec rates Mercer funds as ‘Highly Recommended’

The Mercer Multi-Manager Funds have again been rated ‘Highly Recommended’ by independent research house Lonsec. “This is the fifth consecutive 'Highly Recommended' rating for Mercer, reaffirming Lonsec’s conviction in the quality and experience of our portfolio construction process and team.  It’s a testament to the quality of our underlying investment structures and our strong competitive advantages in people, process and product design. It also recognises the value of the greater diversification we’ve built into our investment solutions over the past 12-18 months,” said Stephen Roberts, Mercer’s Investment Management business leader for Asia Pacific.  Read more in our press release.

Financial Markets - December 2011

Investors remained cautious in December 2011 as it became apparent that the much anticipated European Summit would provide no clear resolution for Europe's debt problems, which plagued markets for most of the year. A typical growth portfolio returned around 0.1% for the month. 

See Performance for an update on the financial markets for December 2011 and/or to download the latest Monthly Reports.