Mercer Non-US Core Equity I (MNCSX)

Fund Assets	4.80B
Expense Ratio	0.63%
Min. Investment	$0.00
Turnover	67.00%
Dividend (ttm)	0.31
Dividend Yield	2.18%
Dividend Growth	-44.00%
Payout Frequency	Annual
Ex-Dividend Date	Dec 11, 2025

Previous Close	14.20
YTD Return	16.39%
1-Year Return	23.97%
5-Year Return	39.93%
52-Week Low	11.98
52-Week High	14.20
Beta (5Y)	n/a
Holdings	1047
Inception Date	Jul 22, 2021

About MNCSX

The Mercer Non-U.S. Core Equity Fund is a diversified mutual fund designed to deliver long-term total return through both capital appreciation and income. It utilizes a multi-manager investment strategy, allocating assets across a broad selection of non-U.S. equity securities from companies of any market capitalization. The fund blends growth- and value-oriented equities, providing exposure to a wide range of sectors and geographic regions outside the United States. By leveraging the expertise of multiple institutional asset managers, the fund aims to deliver consistent performance relative to international benchmarks while maintaining risk controls through diversification. Notable portfolio holdings include leading European and Asian companies in technology, healthcare, energy, and financial services sectors. Its institutional class structure emphasizes cost efficiency, reflected in a below-average expense ratio among peers. The fund's robust operational processes and transparent reporting further appeal to investors seeking a core international equity solution within a diversified investment portfolio.

• Fund Family: Mercer Funds
• Category: Foreign Large Blend
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MNCSX
• Share Class: Class I
• Index: MSCI EAFE NR USD

Performance

MNCSX had a total return of 23.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.19%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FHLFX	Fidelity	Fidelity Series International Index Fund	0.01%
SWISX	Schwab	Schwab International Index Fund	0.06%
SICNX	Schwab	Schwab International Core Equity Fund	0.86%
FSPSX	Fidelity	Fidelity International Index Fund	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MNCEX	Class Y-3	0.38%
MNCYX	Class Y-2	0.53%
MNCDX	Adviser Class	0.88%

Top 10 Holdings

11.38% of assets

Name	Symbol	Weight
ASML Holding N.V.	ASML	1.88%
State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio	n/a	1.54%
TotalEnergies SE	TTE	1.29%
Franco-Nevada Corporation	FNV	1.10%
Schneider Electric S.E.	SU	1.10%
UniCredit S.p.A.	UCG	0.96%
Roche Holding AG	ROP	0.93%
Barrick Mining Corporation	ABX	0.88%
Legrand SA	LR	0.88%
Lasertec Corporation	6920	0.82%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 11, 2025	$1.63431	Dec 12, 2025
Dec 12, 2024	$0.88643	Dec 13, 2024
Dec 14, 2023	$0.35111	Dec 15, 2023
Dec 15, 2022	$0.27291	Dec 16, 2022

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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