Mercer Cash Fund - Term Deposit Units
About this Fund
|FUND MANAGER||Mercer Investments (Australia)|
|ASSET CLASS||FIXED INTEREST|
|INVESTMENT STYLE||This class of unit invests in Australian bank term deposits of maturity less than one year.|
|INVESTMENT PROFILE||To maintain the invested capital and achieve a return (before investment management fees) above that available on bank bills as measured by the Bloomberg AusBond Bank Bill Index.|
|BENCHMARK||Bloomberg AusBond Bank Bill Index|
|FUND SIZE||Bloomberg AusBond Bank Bill Index|
|NO. OF HOLDINGS|
|FEES||0.30% per annum of your total investment in the Fund|
Benefits of Investing in the Mercer Cash Fund - Term Deposit Units
Our multi-manager approach involves selecting optimal combinations of investment managers to achieve exposure to a range of investment management styles. We aim to maximise the 'value add' potential of the Fund to produce consistent performance throughout market cycles. See Investment objectives and strategy in the Booklet for further details.
The Fund brings together Mercer's investment beliefs, best ideas and research to provide investors with access to:
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer's Investments business has been providing professional investment services to local clients for more than 40 years. Mercer partners with clients across all aspects of investing and our scale allows us to offer a comprehensive suite of investment tools, advice and solutions to meet client's specific needs and objectives. Mercer's portfolio management teams manage approximately US$157 billion worldwide (as at Jan 2017), with approximately A$34 billion invested on behalf of clients in Australia and New Zealand (as at Sept 2017).
In designing and managing the Mercer Multi- Manager Funds, the Responsible Entity draws on Mercer's global network of 1,200 consulting specialists and its in-house teams of research professionals who cover investment managers, capital markets and strategic opportunities.
Mercer's investment beliefs
Mercer's globally consistent investment beliefs guide its investment process, but may vary in their applicability to its funds and advice to clients based on clients' individual needs and objectives:
How the Fund's assets are invested
The assets of the Fund are invested in a range of trusts and other investment vehicles, including:
Depending on the nature of the assets they are held either by the Fund's custodian or directly by the Responsible Entity.
Manager research and selection
Mercer's significant scale in researching investment managers globally provides us with access to the best ideas from more than 6,300 investment managers around the world (as at July 2017).
Mercer's Australian-based multi-manager team leverages the global Mercer research network to establish optimal combinations of specialist managers for each Fund. Mercer's investment manager research focuses on each manager's strength in idea generation, portfolio construction, implementation and business management.
Prior to the appointment of an investment manager a detailed Operational Risk Assessment Report is prepared, which considers the risks associated with the investment mandate type, firm size, and significant third party or outsourced relationships, along with the mitigating or compensating controls that a firm may have to manage potential issues.
We may remove, replace, or appoint additional investment managers for the Funds at our discretion at any time.
(Asset - Neutral / Minimum / Maximum)
Cash 100% / 0% / 0%