Mercer Global Low Volatility Equity Fund
Data updated: 2025-02-12
C000118953 — Mercer Global Low Volatility Equity Fund. Global (incl. US) Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000118953 Fund Overview
Mercer Global Low Volatility Equity Fund is a US mutual fund managed by Mercer Funds, categorised as Global (incl. US) 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: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $398.11M
- 1-year return: 12.4%
- SEC CIK: 0001320615
- SEC series ID: S000038540
- Share class ID: C000118953
C000118953 Investment Objective and Strategy
Mercer Global Low Volatility 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
Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities of U.S. and foreign issuers. 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. (If the Fund changes this investment policy, the Fund will notify shareholders at least 60 days in advance of the change.) The Fund reasonably anticipates that under normal circumstances it typically will invest in approximately 25 countries and that approximately 30%-60% of its assets will be invested in equity securities of foreign issuers. In addition, the Fund may invest up to 15% of its net assets in cash, cash equivalents or cash-like investments.
The Fund invests in large, medium and small capitalization companies. The Fund will seek to achieve its investment objective by matching the return of its benchmark, the MSCI World Index, over 5-7 years with lower price volatility than the benchmark for the period, by investing in securities of issuers with certain volatility characteristics. Such volatility characteristics may include, but are not limited to, high return on equity, low debt to equity ratios, and high earnings growth stability. Stock index futures and various types of swaps may be used to implement the equity security selection component of the Funds investment strategy. Currency forwards may be used to make stock-selection and country allocation decisions independently of the underlying currency. 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. Certain subadvisors may employ a systematic and quantitative investment process in seeking to achieve the Funds investment objective, which may lead to higher than expected portfolio turnover for the Fund.
C000118953 Holdings
Top 10 holdings of Mercer Global Low Volatility Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 2.90% |
| Alphabet Inc | 2.77% |
| Visa Inc | 2.63% |
| Amazon.com Inc | 1.85% |
| Philip Morris International Inc | 1.48% |
| Intuit Inc | 1.34% |
| UnitedHealth Group Inc | 1.33% |
| ASML Holding NV | 1.19% |
| Johnson & Johnson | 1.13% |
| Diageo PLC | 1.09% |
C000118953 Portfolio Allocation
Asset-class allocation of Mercer Global Low Volatility Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.0% |
| Cash & Equivalents | 0.5% |
C000118953 Performance
Total returns for C000118953 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 12.4% |
| 3 years (annualised) | 4.2% |
| 5 years (annualised) | 7.6% |
C000118953 Risk Information
Risk metrics for C000118953, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.5%
C000118953 Costs and Fees
C000118953 costs about $32 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.32%
- Gross expense ratio: 0.81%
- Portfolio turnover: 27%
- Brokerage commissions: 1.75 bps of average net assets (SEC N-CEN)
C000118953 Cashflows
Over the 12 months to 2024-12, Mercer Global Low Volatility Equity Fund had net outflows of $552.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | $137.13M |
| 2024-11 | −$2.35M |
| 2024-10 | −$17.64M |
| 2024-09 | −$57.60M |
| 2024-08 | −$19.40M |
| 2024-07 | −$184.25M |
C000118953 Debt Constituents
No individual debt constituents are reported in Mercer Global Low Volatility Equity Fund's latest SEC N-PORT filing.
C000118953 Prospectus and SEC Filings
Official Mercer Global Low Volatility Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-07-26
- Prospectus (485BPOS) — filed 2023-07-28
- Prospectus (485BPOS) — filed 2022-07-29
- Portfolio holdings (N-PORT) — filed 2025-02-12
- Portfolio holdings (N-PORT) — filed 2024-11-18
- Portfolio holdings (N-PORT) — filed 2024-08-26
- Annual census (N-CEN) — filed 2024-06-12
- Annual census (N-CEN) — filed 2023-06-13
Related Funds
Other Global (incl. US) 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.