Mercer Passive Emerging Markets Shares - Managed Fund

Fund Objective

The Fund invests in shares in emerging markets using a passive approach, via a single investment manager. This strategy is designed to offer low cost access to a diverse range of shares in a range of countries and industry sectors, by investing according to the benchmark's marketcap weighted index.

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	3.79%	2.42%	13.96%	26.95%	23.81%	16.41%	6.73%	9.52%
Growth return	3.79%	1.92%	13.39%	24.45%	21.43%	13.73%	4.4%	5.7%
Income return	0%	0.5%	0.57%	2.5%	2.38%	2.68%	2.33%	3.82%
Market index (MSCI EM NR AUD)
Total return	1.28%	4.09%	13.88%	24.01%	21.21%	17.05%	7.28%	9.37%

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

Asset Allocation

Mercer Passive Emerging Markets Shares

Australian Equities: 47.09%

International Equities: 47.09%

Cash: 5.83%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

Australian Equities: 63.89%

International Equities: 34.11%

Cash: 1.91%

Property & Infrastructure: 0.08%

Fixed Interest: 0.02%

General Information

Fund Details

Type	Description
Fund Name	Mercer Passive Emerging Markets Shares
Responsible Entity	Mercer (Australia) Pty Ltd
APIR Code	NCL0008AU
Sector/Asset Class	Equity Emerging Markets
Morningstar Rating	(as at 31 Dec 2025)
Legal Structure	Investment Fund
Fund Inception	20 Jun 2008
Fund Size	$1002789706 million (as at 5 Feb 2026)
Entry Price	$1.2999 (as at 29 Jan 2026)
Exit Price	$1.2927 (as at 29 Jan 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.33% (as at 1 Dec 2025)
Indirect Cost Ratio (ICR)	0.33% (as at 30 Jun 2025)
Minimum initial investment	$500,000
Minimum additional investments	$5,000.00

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FAQs about the Mercer Passive Emerging Markets Shares

What is the objective of the Mercer Passive Emerging Markets Shares managed fund?

The objective of the Mercer Passive Emerging Markets Shares managed fund is The Fund invests in shares in emerging markets using a passive approach, via a single investment manager. This strategy is designed to offer low cost access to a diverse range of shares in a range of countries and industry sectors, by investing according to the benchmark's marketcap weighted index.

What is the strategy for the Mercer Passive Emerging Markets Shares managed fund?

The strategy of the Mercer Passive Emerging Markets Shares managed fund is The Fund invests in shares in emerging markets using a passive approach, via a single investment manager. This strategy is designed to offer low cost access to a diverse range of shares in a range of countries and industry sectors, by investing according to the benchmark's marketcap weighted index.

What is the APIR code of the Mercer Passive Emerging Markets Shares managed fund?

The APIR code of the Mercer Passive Emerging Markets Shares managed fund is NCL0008AU.

What was Mercer Passive Emerging Markets Shares’s total return last month?

Mercer Passive Emerging Markets Shares’s total return last month was 3.79%. This was made up of a growth return of 3.79% and an income return of 0%. These returns were calculated as at 31 Jan 2026.

What was Mercer Passive Emerging Markets Shares’s total return for the last three months?

Mercer Passive Emerging Markets Shares’s total return for the last three months was 2.42%. This was made up of a growth return of 1.92% and an income return of 0.5%%. These returns were calculated as at 31 Jan 2026.

What is Mercer Passive Emerging Markets Shares’s one-year total return?

Mercer Passive Emerging Markets Shares’s one-year total return is 26.95%. This was made up of a growth return of 24.45% and an income return of 2.5%. These returns were calculated as at 31 Jan 2026.

What is Mercer Passive Emerging Markets Shares’s three-year total return?

Mercer Passive Emerging Markets Shares’s one-year total return is 16.41%. This was made up of a growth return of 13.73% and an income return of 2.68%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Mercer Passive Emerging Markets Shares managed fund?

The asset allocation of the Mercer Passive Emerging Markets Shares managed fund is :

Australian Equities: 47.09%

International Equities: 47.09%

Cash: 5.83%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Mercer Passive Emerging Markets Shares managed fund?

The Responsible Entity for the Mercer Passive Emerging Markets Shares managed fund is Mercer (Australia) Pty Ltd.

What sector/asset class does the Mercer Passive Emerging Markets Shares managed fund belong to?

The Mercer Passive Emerging Markets Shares managed fund belongs to the Equity Emerging Markets sector/asset class.

What is the size of the Mercer Passive Emerging Markets Shares managed fund?

As at 5 Feb 2026, the size of the Mercer Passive Emerging Markets Shares managed fund was $1002789706 million.

What is the inception date of the Mercer Passive Emerging Markets Shares managed fund?

The Mercer Passive Emerging Markets Shares managed fund has an inception date of 20 Jun 2008.

What is the current entry price of the Mercer Passive Emerging Markets Shares managed fund?

The current entry price of the Mercer Passive Emerging Markets Shares managed fund is $1.2999 per unit and the current exit price is $1.2927 per unit (as at 29 Jan 2026).

What is the current exit price of the Mercer Passive Emerging Markets Shares managed fund?

The current exit price of the Mercer Passive Emerging Markets Shares managed fund is $1.2927 per unit and the current entry price is $1.2999 per unit (as at 29 Jan 2026).

What is the minimum investment amount for the Mercer Passive Emerging Markets Shares managed fund?

The minimum initial investment amount for the Mercer Passive Emerging Markets Shares 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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