Mercer US Large Cap Equity Fund
Data updated: 2024-02-16
C000027745 — Mercer US Large Cap Equity Fund. United States Large Cap Blend / Core Equity · $308.01M AUM. Holdings, fees, performance and SEC filings.
C000027745 Fund Overview
Mercer US Large Cap Equity Fund is a US mutual fund managed by Mercer Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mercer Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $308.01M
- 1-year return: 23.1%
- SEC CIK: 0001320615
- SEC series ID: S000010033
- Share class ID: C000027745
C000027745 Investment Objective and Strategy
Mercer US Large Cap Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mercer Funds.
Investment objective
The investment objective of the Fund is to provide long-term total return, which includes capital appreciation and income.
Principal investment strategy
The Fund invests principally in equity securities (such as common stock) issued by large capitalization U.S. companies. The Fund employs a core equity investment strategy that seeks to meet the Funds investment objective by investing in both growth- and value-oriented equity securities. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in the equity securities of large capitalization U.S. companies. (If the Fund changes this investment policy, the Fund will notify shareholders at least 60 days in advance of the change.) For purposes of the 80% test, equity securities include securities such as common stock, preferred stock, and other securities that are not debt securities, cash or cash equivalents. For purposes of this investment policy, the Fund considers large capitalization U.S.
companies to be U.S. companies with market capitalizations greater than $4 billion at the time of investment. The Fund may invest in derivative instruments, such as exchange-listed equity futures contracts, to gain market exposure on cash balances or to reduce market exposure in anticipation of liquidity needs. Investments in derivatives may be applied toward meeting a requirement to invest in a particular kind of investment if the derivatives have economic characteristics similar to that investment.
C000027745 Holdings
Top 10 holdings of Mercer US Large Cap Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 5.89% |
| Apple Inc | 5.21% |
| Amazon.com Inc | 3.19% |
| NVIDIA Corp | 2.71% |
| Alphabet Inc | 2.03% |
| Meta Platforms Inc | 1.67% |
| Tesla Inc | 1.33% |
| Eli Lilly & Co | 1.30% |
| Alphabet Inc | 1.27% |
| Broadcom Inc | 1.13% |
C000027745 Portfolio Allocation
Asset-class allocation of Mercer US Large Cap Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 85.7% |
| Cash & Equivalents | 0.1% |
| Derivatives | 0.1% |
C000027745 Performance
Total returns for C000027745 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 23.1% |
| 3 years (annualised) | 6.1% |
C000027745 Risk Information
Risk metrics for C000027745, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.9%
C000027745 Costs and Fees
C000027745 costs about $31 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.31%
- Gross expense ratio: 0.57%
- Portfolio turnover: 29%
- Brokerage commissions: 2.23 bps of average net assets (SEC N-CEN)
C000027745 Cashflows
Over the 12 months to 2023-12, Mercer US Large Cap Equity Fund had net outflows of $896.43M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | −$101.07M |
| 2023-11 | −$12.53M |
| 2023-10 | −$99.39M |
| 2023-09 | −$71.61M |
| 2023-08 | −$196.05M |
| 2023-07 | −$54.25M |
C000027745 Debt Constituents
No individual debt constituents are reported in Mercer US Large Cap Equity Fund's latest SEC N-PORT filing.
C000027745 Prospectus and SEC Filings
Official Mercer US Large Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-07-28
- Prospectus (485BPOS) — filed 2022-07-29
- Prospectus (485BPOS) — filed 2021-07-29
- Portfolio holdings (N-PORT) — filed 2024-02-16
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2023-08-17
- Annual census (N-CEN) — filed 2023-06-13
- Annual census (N-CEN) — filed 2022-06-09
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.