Mercer Multi-manager Cnsrv Ret

The fund seeks to invest in a diverse mix of assets with a majority in the defensive assets of cash and fixed interest (around 70%) and a modest investment in growth assets such as shares and property (around 30%). The underlying fund¡¯s exposure to these asset sectors will be obtained primarily by investing into Advance¡¯s sector specific funds. The underlying fund may also hold assets directly, including derivatives, currency and other unit trusts.