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Mercer Indexed Growth WFS0591AU Strategy

The Fund invests in a diverse mix of assets with an emphasis (about 85%) on the growth oriented assets of Australian and international shares, and investment (about 15%) in the defensive assets of cash and fixed interest providing some income and stability of returns. The Fund’s exposure to these asset classes will be obtained by investing directly into sector specific funds.
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

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 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).
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.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,937.90 35.90 0.45%
CAC 40 8,065.64 25.28 0.31%
DAX 40 18,011.50 150.70 0.84%
Dow JONES (US) 38,239.98 253.58 0.67%
FTSE 100 8,073.45 49.58 0.62%
HKSE 16,812.60 300.91 1.82%
NASDAQ 15,451.30 169.29 1.11%
Nikkei 225 37,552.16 113.55 0.30%
NZX 50 Index 11,803.28 49.52 -0.42%
S&P 500 5,010.60 43.37 0.87%
S&P/ASX 200 7,683.50 34.30 0.45%
SSE Composite Index 3,021.98 22.62 -0.74%

Market Movers

Name
Last price
Change
% Change
Imugene Ltd IMU 0.09 0.00 0.00%
The Star Entertainment Group Ltd SGR 0.42 0.00 0.00%
Red 5 Ltd RED 0.43 0.01 -2.30%
Beach Energy Ltd BPT 1.60 0.01 -0.31%
Telstra Group Ltd TLS 3.69 0.01 -0.27%
Zip Co Ltd ZIP 1.22 0.05 3.83%
Sayona Mining Ltd SYA 0.03 0.00 0.00%
South32 Ltd S32 3.32 0.05 -1.48%
Base Resources Ltd BSE 0.23 0.01 -4.26%
Pilbara Minerals Ltd PLS 3.81 0.05 -1.30%