MNCEX — Mercer Non-US Core Equity Fund
Data updated: 2026-08-21
MNCEX — Mercer Non-US Core Equity Fund. Developed ex-US Multi-Cap / All-Cap Blend / Core Equity · $4.78B AUM. Holdings, fees, performance and SEC filings.
MNCEX Fund Overview
MNCEX — Mercer Non-US Core Equity Fund is a US mutual fund managed by Mercer Funds, categorised as Developed ex-US Multi-Cap / All-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: Developed ex-US Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $4.78B
- 1-year return: 21.6%
- Ticker: MNCEX
- SEC CIK: 0001320615
- SEC series ID: S000010040
- Share class ID: C000027788
MNCEX Holdings
Top 10 holdings of Mercer Non-US Core Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| ASML Holding NV | 2.80% |
| Kioxia Holdings Corp | 1.40% |
| State Street Global Advisors | 1.34% |
| UniCredit SpA | 1.12% |
| Taiwan Semiconductor Manufacturing Co Ltd | 1.10% |
| TotalEnergies SE | 1.05% |
| Roche Holding AG | 0.98% |
| Sandoz Group AG | 0.93% |
| UBS Group AG | 0.91% |
| Legrand SA | 0.88% |
MNCEX Portfolio Allocation
Asset-class allocation of Mercer Non-US Core Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.9% |
| Cash & Equivalents | 1.3% |
MNCEX Performance
Total returns for MNCEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.3% |
| 1 year | 21.6% |
| 3 years (annualised) | 19.3% |
| 5 years (annualised) | 10.0% |
MNCEX Risk Information
Risk metrics for MNCEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.2%
MNCEX Costs and Fees
MNCEX costs about $37 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.37%
- Gross expense ratio: 0.59%
- Portfolio turnover: 67%
- Brokerage commissions: 3.57 bps of average net assets (SEC N-CEN)
MNCEX Cashflows
Over the 12 months to 2026-06, Mercer Non-US Core Equity Fund had net inflows of $789.86M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.49M |
| 2026-05 | −$21.80M |
| 2026-04 | −$66.62M |
| 2026-03 | $144.37M |
| 2026-02 | −$19.13M |
| 2026-01 | −$40.95M |
MNCEX Debt Constituents
No individual debt constituents are reported in Mercer Non-US Core Equity Fund's latest SEC N-PORT filing.
MNCEX Prospectus and SEC Filings
Official Mercer Non-US Core Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus supplement (497) — filed 2026-07-23
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-13
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-06-08
- Annual census (N-CEN) — filed 2025-06-11
Related Funds
Other Developed ex-US Multi-Cap / All-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.