MCFIX Performance — Mercer Core Fixed Income Fund, Class Y-3
Data updated: 2026-08-21
MCFIX returned +0.72% year to date and +4.28% over one year to Jun 2026. Annualised returns are +4.73% over 3 years and +0.34% over 5 years. Against its Intermediate Core Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $115, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 5.67% a year. In the 12 months to Jun 2026 the fund took in a net $728.3M, and assets reached $2.01B.
MCFIX Growth of $100
What $100 invested in Mercer Core Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | MCFIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $102 | $102 |
| Since data start (Jul 2019 – Jun 2026) | $113 | $112 |
MCFIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.72% |
| 1 year | +4.28% |
| 3 years (annualised) | +4.73% |
| 5 years (annualised) | +0.34% |
MCFIX Annual Returns
Calendar-year total returns of Mercer Core Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.72% |
| 2025 | +7.80% |
| 2024 | +2.04% |
| 2023 | +6.44% |
| 2022 | −13.70% |
| 2021 | −1.17% |
| 2020 | +9.49% |
| 2019 (Jul–Dec) | +2.77% |
MCFIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +1.6% | −2.0% | +0.2% | +0.4% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.7% | +2.3% | −0.2% | +0.2% | −0.6% | +1.7% | −0.1% | +1.2% | +1.1% | +0.7% | +0.7% | −0.1% |
| 2024 | −0.1% | −1.2% | +1.0% | −2.5% | +1.7% | +1.0% | +2.4% | +1.4% | +1.4% | −2.4% | +1.2% | −1.7% |
| 2023 | +3.7% | −2.4% | +2.0% | +0.7% | −1.1% | −0.1% | 0.0% | −0.7% | −2.5% | −1.7% | +4.7% | +4.0% |
| 2022 | −2.1% | −1.3% | −2.8% | −3.9% | +0.3% | −2.1% | +2.6% | −2.6% | −4.4% | −1.2% | +3.8% | −0.5% |
| 2021 | −0.7% | −1.7% | −0.9% | +1.0% | +0.3% | +0.9% | +1.1% | −0.2% | −0.7% | −0.2% | +0.2% | −0.2% |
| 2020 | +2.0% | +1.6% | −2.0% | +2.3% | +0.9% | +1.3% | +1.9% | −0.4% | −0.1% | −0.3% | +1.4% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.4% | +2.5% | −0.5% | +0.3% | 0.0% | +0.1% |
MCFIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.67%
- 3-year Sharpe ratio: 0.04 (vs 4.5% risk-free rate)
- Best month: +4.69% (Nov 2023)
- Worst month: −2.47% (Sep 2023)
MCFIX Fund Flows
Monthly money in and out of Mercer Core Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $728.3M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 3.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $349.3M | $10.1M | $339.3M |
| May 2026 | $77.1M | $3.8M | $73.3M |
| Apr 2026 | $74.1M | $7.0M | $67.1M |
| Mar 2026 | $72.8M | $30.5M | $42.3M |
| Feb 2026 | $59.1M | $5.0M | $54.1M |
| Jan 2026 | $45.7M | $3.9M | $41.8M |
| Dec 2025 | $113.8M | $175.1M | −$61.3M |
| Nov 2025 | $57.7M | $9.7M | $48.0M |
| Oct 2025 | $36.1M | $5.1M | $30.9M |
| Sep 2025 | $31.7M | $4.8M | $26.9M |
| Aug 2025 | $26.1M | $41.5M | −$15.5M |
| Jul 2025 | $111.3M | $30.0M | $81.3M |
MCFIX Assets Under Management
Net assets of Mercer Core Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.01B |
| 2026-03-31 | $1.54B |
| 2025-12-31 | $1.42B |
| 2025-09-30 | $1.45B |
| 2025-06-30 | $1.33B |
| 2025-03-31 | $1.95B |
| 2024-12-31 | $2.11B |
| 2024-09-30 | $2.36B |
| 2024-06-30 | $2.16B |
| 2024-03-31 | $1.86B |
| 2023-12-31 | $1.72B |
| 2023-09-30 | $1.63B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.