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Mercer Cash Fund - Term Deposit Units

MIN0046AU

Mercer Cash Fund - Term Deposit Units MIN0046AU Strategy

This Class invests in Australian bank term deposits of maturity less than one year, via a single investment manager. Diversification is achieved across a range of banks, with a focus on operational efficiency.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.
funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common
funds

Listed Investment Companies monthly performance: February 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Markets

Index
Last price
Change
% Change
All Ordinaries 7,898.90 37.90 0.48%
CAC 40 8,029.64 48.13 0.60%
DAX 40 17,853.69 83.67 0.47%
Dow JONES (US) 38,044.41 291.10 0.77%
FTSE 100 7,883.23 35.24 0.45%
HKSE 16,385.87 134.03 0.82%
NASDAQ 15,759.17 75.80 0.48%
Nikkei 225 38,079.70 117.90 0.31%
NZX 50 Index 11,836.04 39.31 -0.33%
S&P 500 5,049.04 26.83 0.53%
S&P/ASX 200 7,642.10 36.50 0.48%
SSE Composite Index 3,074.22 2.84 0.09%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -2.86%
Imugene Ltd IMU 0.08 0.01 -6.02%
Myer Holdings Ltd MYR 0.72 0.01 1.41%
Telstra Group Ltd TLS 3.67 0.01 -0.27%
The Star Entertainment Group Ltd SGR 0.42 0.01 1.20%
Pantoro Ltd PNR 0.09 0.01 6.10%
Zip Co Ltd ZIP 1.14 0.04 -2.98%
South32 Ltd S32 3.29 0.04 1.23%
Pilbara Minerals Ltd PLS 3.92 0.08 2.08%
EML Payments Ltd EML 1.00 0.00 0.00%