Mercer
Mercer Overseas Shares Plus Fund Profile

Mercer Overseas Shares Plus Fund Profile

Date: 12 March 2009

 

Fund Objectives

  • to achieve a returns (over the medium to longer term) which is competitive with comparable funds that have similar risk characteristics;

 

  • to outperform the notional return of a benchmark portfolio of suitable market indices over periods of one year or greater.

 

 

Fund details

Responsible entity

Mercer Investment Nominees Ltd

Fund Manager

Mercer

Fund commenced

August 2005

ARSN

114025848

Investment style

Multi-manager

Time horizon

7 years plus

Management cost

1.05% p.a. (excludes any platform fee)

Performance fee range

0-0.50% p.a.

Platform availability

Asgard (Mercer Portfolio Service)

 

Investment Strategy

The Fund invests in overseas shares using a multi-manager approach by using investment managers who may take advantage of innovative and higher-return seeking investment strategies. The table below shows the asset allocation of the Fund.

 

 

Asset Allocation

Asset Class

Benchmark (%)

Range (%)

Overseas shares

100

90-100

Cash & fixed interest

0

0-10

 

Who Manages the Fund?

The Responsible Entity of the Fund is Mercer Investment Nominees Limited, while the fund manager is Mercer (Australia) Pty Ltd (Mercer).

 

Mercer's investment management business specialises in developing and managing multi-manager product solutions across a range of asset classes and risk profiles.