Anlageschwerpunkt Mercer Emerging Market Debt - Hard Currency Fund - A8-H-0.1700-EUR ACC H

The investment objective of the Sub-Fund is to seek income and long term growth of capital. The Sub-Fund will seek to achieve its objective by primarily investing in fixed income securities denominated in hard currencies such as USD, EUR, GBP and YEN, issued primarily by governments, their agencies, local authorities and instrumentalities and corporate entities located in emerging markets. The Sub-Fund is actively managed and will seek to outperform the JP Morgan EMBI Global Diversified ex CCC Index (the 'Index') by 0.25% - 0.75%, gross of the fees of the Manager, the Investment Manager and the Distributor, but net of all other fees and expenses of the Sub-Fund, on average per annum over the medium to long term. The Investment Manager may use its discretion to invest in, for example, securities, issuers, companies or sectors not included in the Index. The Index tracks total returns for US dollar-denominated debt instruments issued by emerging market sovereign and quasisovereign entities excluding securities rated CCC and below. There is no guarantee the Sub-Fund will outperform the Index.