MEMWX Fees and Costs — Mercer Emerging Markets Equity Fund, Class Y-2
Data updated: 2026-08-21
The net expense ratio is 0.53% (0.82% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $601K in broker commissions, 0.0511% of average net assets, and portfolio turnover was 49%.
MEMWX Fees and Expenses
Annual operating expenses and sales charges of MEMWX. Prospectus, as of July 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.53% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MEMWX Costs Over Time
On $10,000 invested in MEMWX, assuming 5% a year before costs, total costs come to $367 over 5 years, cutting the return by 0.61% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $201 | $367 |
| Value after costs | $10,439 | $11,376 | $12,396 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
MEMWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0511%
- Total broker commissions: $601K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $35.6M
- Net income from securities lending: $313K (0.027% of average net assets)
MEMWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $108K | 23.05% |
| Citigroup Global Markets Inc. | $87K | 18.53% |
| UBS Securities LLC | $59K | 12.45% |
| Goldman Sachs & Co. LLC | $55K | 11.75% |
| Morgan Stanley & Co. LLC | $41K | 8.82% |
| CLSA Americas, LLC | $37K | 7.84% |
| BofA Securities, Inc. | $27K | 5.76% |
| Nomura Securities International, Inc. | $21K | 4.42% |
| HSBC Securities (USA) Inc. | $19K | 4.05% |
| Jefferies LLC | $16K | 3.32% |
MEMWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.1M | 100.00% |
Mercer Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MEMQX | Class Y-3 | 0.38% | — |
| MEMWX | Class Y-2 | 0.53% | — |
| MEMSX | Class I | 0.63% | — |
| MEMVX | Adviser Class | 0.88% | — |
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.