Mercer Non-US Core Equity Fund (MNCEX)
The investment seeks to provide long-term total return, which includes capital appreciation and income. The fund invests principally in equity securities (such as common stock) issued by non-U.S. companies of any capitalization, located in the world's developed and emerging capital markets. It employs a "core equity" investment strategy that seeks to meet the fund's investment objective by investing in both growth- and value-oriented equity securities. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in the equity securities of non-U.S. companies.
Fund Info
ISIN | US58805V8587 |
---|---|
Issuer | Mercer Funds |
Inception Date | Aug 17, 2006 |
Category | Foreign Large Cap Equities |
Min. Investment | $0 |
Asset Class | Equity |
Expense Ratio
MNCEX features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Popular comparisons: MNCEX vs. DGRO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Mercer Non-US Core 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.
Returns By Period
Mercer Non-US Core Equity Fund had a return of 11.68% year-to-date (YTD) and 22.58% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 11.68% | 22.49% |
1 month | -0.43% | 3.72% |
6 months | 8.13% | 16.33% |
1 year | 22.58% | 33.60% |
5 years (annualized) | 4.44% | 14.41% |
10 years (annualized) | N/A | 11.99% |
Monthly Returns
The table below presents the monthly returns of MNCEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.19% | 3.47% | 3.91% | -2.96% | 4.16% | -1.51% | 3.24% | 2.88% | 0.42% | 11.68% | |||
2023 | 8.07% | -1.84% | 1.98% | 2.15% | -3.90% | 5.10% | 2.97% | -3.08% | -2.48% | -4.07% | 8.92% | 4.73% | 18.86% |
2022 | -4.91% | -2.91% | -0.39% | -6.40% | 1.35% | -9.30% | 5.07% | -5.47% | -9.19% | 5.75% | 11.35% | -3.52% | -18.93% |
2021 | -0.76% | 2.63% | 2.15% | 2.75% | 3.70% | -1.22% | 1.00% | 1.98% | -4.10% | 2.96% | -4.53% | -8.81% | -3.05% |
2020 | -2.75% | -8.30% | -12.96% | 7.45% | 5.50% | 3.55% | 3.83% | 5.33% | -1.47% | -3.64% | 13.58% | 2.98% | 10.64% |
2019 | 2.94% | 3.94% | 2.08% | 3.17% | 12.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MNCEX is 30, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Mercer Non-US Core Equity Fund (MNCEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Mercer Non-US Core Equity Fund granted a 3.22% dividend yield in the last twelve months. The annual payout for that period amounted to $0.37 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.37 | $0.37 | $0.05 | $0.35 | $0.18 | $0.22 |
Dividend yield | 3.22% | 3.60% | 0.56% | 3.10% | 1.52% | 1.98% |
Monthly Dividends
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
2019 | $0.22 | $0.22 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 39.91%, occurring on Oct 12, 2022. The portfolio has not yet recovered.
The current Mercer Non-US Core Equity Fund drawdown is 8.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-39.91% | Sep 15, 2021 | 272 | Oct 12, 2022 | — | — | — |
-32.79% | Jan 23, 2020 | 39 | Mar 18, 2020 | 143 | Oct 9, 2020 | 182 |
-7.28% | Oct 13, 2020 | 14 | Oct 30, 2020 | 5 | Nov 6, 2020 | 19 |
-4.64% | Jun 17, 2021 | 22 | Jul 19, 2021 | 18 | Aug 12, 2021 | 40 |
-3.99% | Jan 22, 2021 | 6 | Jan 29, 2021 | 6 | Feb 8, 2021 | 12 |
Volatility
Volatility Chart
The current Mercer Non-US Core Equity Fund volatility is 3.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.