Anlageschwerpunkt Mercer Passive Euro Corporate Bond Fund - Z1-0.0000-EUR ACC

The investment objective of the Sub-Fund is to achieve a risk and return profile which reflects that of the Bloomberg Euro Aggregate Corporate Total Return Index (the 'Index'). The Sub-Fund is an index tracking fund. It is passively managed and will seek to achieve its objective by investing in a portfolio of debt securities, that as far as possible and practicable, reflect the component securities of the Index. The Index tracks the performance of the Euro corporate bond market and the securities which comprise the Index must be fixed rate, Euro denominated and rated investment grade, as defined by the Index methodology.