Mercer Moderate Growth Enh Pasv Units

The Class has allocations to both growth‑ and defensive‑oriented assets, including shares, listed real assets, and fixed interest. These assets are passively managed. Diversification is achieved across asset class, manager, country, sector, and security levels. The Fund’s exposure to each asset class is typically obtained by investing in a range of sector funds managed by us. International asset exposures may be fully hedged, partially hedged, or unhedged for fluctuations in the Australian dollar against other currencies.