Mercer Growth Enhanced Passive Units

The Class invests in a range of mainly growth oriented assets, including shares, real assets and fixed interest. These assets are mainly passively managed, using a multi-manager approach. Diversification is achieved at the asset class, manager, country, sector and security levels, with a focus on operational efficiency and sustainability. International assets held by the Class may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.