What is the fund objective?
The Merrion Balanced Fund was launched in October 2006 to provide balanced long term growth by actively managing the distribution of the portfolio across global markets including equities, property funds, bonds and cash deposits. The split between asset classes is actively managed according to economic conditions, which will normally constitute 60-80% invested in equities.
To find out more please see the prospectus.
Who is Merrion Investment Managers?
The company was originally established as a partnership in 1986 by Paul Montgomery under the name Montgomery Govett Ltd in association with the international group John Govett & Co. The shareholding of Govett and Co. was acquired in July 1997 by the German bank Sal. Oppenheim under the name Oppenheim Investment Managers Ltd. Subsequently Oppenheim Investment Managers Ltd was acquired by the Merrion Capital Group in July 2008 under the trading name Merrion Investment Managers.
Merrion Investment Managers has in excess of 1bn assets under management in Dublin and over twenty years experience of managing investment portfolios on behalf of institutional clients, pension schemes, charities and retail funds.
Costs
Merrion Investment Managers allow distributors to charge 5% for this fund (as per prospectus). At RaboDirect you will only pay 0.75% entry fee and 0.75% upon exit. We never charge for unexecuted or cancelled orders or for that matter cost of account maintenance.
Warning: Past Performance is not a reliable guide to future performance. The value of your investment may go down as well as up. Some Investment Funds may be affected by changes in currency exchange rates.
* Funds frequently bought together: This is for the information of our customers, and potential customers, based on general customer investment patterns, and does not constitute advice from us that you invest in any particular fund or a recommendation from us that a particular fund is suitable for you.