Mercer International Shares Fund - Managed Fund

Fund Objective

The Fund provides exposure to international share markets utilising an actively managed, multi-manager approach. It invests predominantly in shares in developed markets but may also have an allocation to shares in emerging markets. Diversification is achieved at the manager, country, sector and stock levels, with a focus on operational efficiency and sustainability.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-2.78%	-3.62%	3.14%	7.59%	17.58%	19.2%	13.82%	12.76%
Growth return	-0.91%	-4.78%	0.39%	-1.62%	5.06%	11.58%	6.11%	3.88%
Income return	-1.87%	1.16%	2.75%	9.21%	12.52%	7.62%	7.71%	8.88%
Market index (MSCI World Ex Australia NR AUD)
Total return	-0.9%	2.55%	8.85%	12.53%	21.5%	22.08%	15.57%	13.23%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Mercer International Shares Fund

Australian Equities: 48.98%

International Equities: 48.96%

Cash: 1.45%

Property & Infrastructure: 0.62%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 45.73%

International Equities: 52.31%

Cash: 1.47%

Property & Infrastructure: 0.24%

Fixed Interest: -0.01%

Alternatives: 0.26%

General Information

Fund Details

Type	Description
Fund Name	Mercer International Shares Fund
Responsible Entity	Mercer (Australia) Pty Ltd
APIR Code	MIN0015AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 Dec 2025)
Legal Structure	Investment Fund
Fund Inception	30 Nov 2004
Fund Size	$589830286 million (as at 6 Feb 2026)
Entry Price	$1.2674 (as at 29 Jan 2026)
Exit Price	$1.265 (as at 29 Jan 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.03% (as at 1 Dec 2025)
Indirect Cost Ratio (ICR)	1.03% (as at 30 Jun 2025)
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00
Minimum redemption amount	$5,000.00

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FAQs about the Mercer International Shares Fund

What is the objective of the Mercer International Shares Fund managed fund?

The objective of the Mercer International Shares Fund managed fund is The Fund provides exposure to international share markets utilising an actively managed, multi-manager approach. It invests predominantly in shares in developed markets but may also have an allocation to shares in emerging markets. Diversification is achieved at the manager, country, sector and stock levels, with a focus on operational efficiency and sustainability.

What is the strategy for the Mercer International Shares Fund managed fund?

The strategy of the Mercer International Shares Fund managed fund is The Fund provides exposure to international share markets utilising an actively managed, multi-manager approach. It invests predominantly in shares in developed markets but may also have an allocation to shares in emerging markets. Diversification is achieved at the manager, country, sector and stock levels, with a focus on operational efficiency and sustainability.

What is the APIR code of the Mercer International Shares Fund managed fund?

The APIR code of the Mercer International Shares Fund managed fund is MIN0015AU.

What was Mercer International Shares Fund’s total return last month?

Mercer International Shares Fund’s total return last month was -2.78%. This was made up of a growth return of -0.91% and an income return of -1.87%. These returns were calculated as at 31 Jan 2026.

What was Mercer International Shares Fund’s total return for the last three months?

Mercer International Shares Fund’s total return for the last three months was -3.62%. This was made up of a growth return of -4.78% and an income return of 1.16%%. These returns were calculated as at 31 Jan 2026.

What is Mercer International Shares Fund’s one-year total return?

Mercer International Shares Fund’s one-year total return is 7.59%. This was made up of a growth return of -1.62% and an income return of 9.21%. These returns were calculated as at 31 Jan 2026.

What is Mercer International Shares Fund’s three-year total return?

Mercer International Shares Fund’s one-year total return is 19.2%. This was made up of a growth return of 11.58% and an income return of 7.62%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Mercer International Shares Fund managed fund?

The asset allocation of the Mercer International Shares Fund managed fund is :

Australian Equities: 48.98%

International Equities: 48.96%

Cash: 1.45%

Property & Infrastructure: 0.62%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Mercer International Shares Fund managed fund?

The Responsible Entity for the Mercer International Shares Fund managed fund is Mercer (Australia) Pty Ltd.

What sector/asset class does the Mercer International Shares Fund managed fund belong to?

The Mercer International Shares Fund managed fund belongs to the Equity World Large Blend sector/asset class.

What is the size of the Mercer International Shares Fund managed fund?

As at 6 Feb 2026, the size of the Mercer International Shares Fund managed fund was $589830286 million.

What is the inception date of the Mercer International Shares Fund managed fund?

The Mercer International Shares Fund managed fund has an inception date of 30 Nov 2004.

What is the current entry price of the Mercer International Shares Fund managed fund?

The current entry price of the Mercer International Shares Fund managed fund is $1.2674 per unit and the current exit price is $1.265 per unit (as at 29 Jan 2026).

What is the current exit price of the Mercer International Shares Fund managed fund?

The current exit price of the Mercer International Shares Fund managed fund is $1.265 per unit and the current entry price is $1.2674 per unit (as at 29 Jan 2026).

What is the minimum investment amount for the Mercer International Shares Fund managed fund?

The minimum initial investment amount for the Mercer International Shares Fund managed fund is $500,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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