Mercer Emerging Markets Equity Fund (MEMQX)

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The chart shows the growth of an initial investment of $10,000 in Mercer Emerging Markets Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Mercer Emerging Markets Equity Fund (MEMQX) has returned 1.98% so far this year and 28.55% over the past 12 months.

Based on dividend-adjusted daily data since Mar 26, 2019, MEMQX's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +14.6%, while the worst month was Mar 2020 at -17.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, MEMQX closed higher 50% of trading days. The best single day was Dec 16, 2021 with a return of +13.3%, while the worst single day was Dec 17, 2021 at -12.2%.

Mercer Emerging Markets Equity Fund has an annualized alpha of -1.00%, beta of 0.61, and R² of 0.39 versus S&P 500 Index. Calculated based on daily prices since March 27, 2019.

• This fund participated in 83.97% of S&P 500 Index downside but only 62.97% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.61 may look defensive, but with R² of 0.39 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.39 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

MEMQX has an expense ratio of 0.49%, placing it in the medium range.

MEMQX ranks 83 for risk / return — in the top 83% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Mercer Emerging Markets Equity Fund (MEMQX) and compare them to a chosen benchmark (S&P 500 Index).

Mercer Emerging Markets Equity Fund provided a 2.82% dividend yield over the last twelve months, with an annual payout of $0.28 per share.

The table displays the monthly dividend distributions for Mercer Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Mercer Emerging Markets Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Mercer Emerging Markets Equity Fund was 40.09%, occurring on Oct 24, 2022. Recovery took 770 trading sessions.

The current Mercer Emerging Markets Equity Fund drawdown is 12.37%.

The chart below shows the rolling one-month volatility.