Mercer Non-US Core Equity Fund (MNCEX)

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Mercer Non-US Core Equity Fund (MNCEX) is up 10.3% since the beginning of the year. MNCEX is currently trading at $13 per share. Investors who bought $1,000 worth of MNCEX shares 5 years ago would now be looking at an investment worth $1,604.

Mercer Non-US Core Equity Fund (MNCEX) has returned 10.30% so far this year and 25.18% over the past 12 months.

Based on dividend-adjusted daily data since Sep 3, 2019, MNCEX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +13.6%, while the worst month was Mar 2020 at -13.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MNCEX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +7.3%, while the worst single day was Mar 12, 2020 at -11.6%.

Mercer Non-US Core Equity Fund has an annualized alpha of 4.10%, beta of 0.67, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since September 04, 2019.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (81.25%) than losses (81.20%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 4.10% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.67 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

MNCEX has an expense ratio of 0.39%, placing it in the medium range.

MNCEX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Mercer Non-US Core Equity Fund (MNCEX) and compare them to S&P 500 Index.

Mercer Non-US Core Equity Fund provided a 12.37% dividend yield over the last twelve months, with an annual payout of $1.67 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Mercer Non-US Core 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 Non-US Core 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 Non-US Core Equity Fund was 32.79%, occurring on Mar 18, 2020. Recovery took 132 trading sessions.

The current Mercer Non-US Core Equity Fund drawdown is 0.30%.

The chart below shows the rolling one-month volatility.