Mercer Passive Global Equity Fund A22-1.2300-USD/  IE000PL6R5L5  /

The investment objective of the Sub-Fund is to seek long-term growth of capital and income. The Sub-Fund will seek to promote environmental and social characteristics within the meaning of Article 8 of the Sustainable Finance Disclosure Regulation ("SFDR"). The Sub-Fund's environmental characteristics are to avoid investment in companies that generate more than 1% of their revenue from thermal coal extraction, arctic drilling or oil tar sand mining. The Sub-Fund's social characteristics are to avoid investment in companies which are involved in the manufacture, distribution or sales of controversial weapons, or which manufacture tobacco products or generate more than 50% of their revenue from tobacco distribution or sales. Further, the Sub-Fund will invest at least 20% in sustainable investments, being investments which, according to the Investment Manager's framework: (a) contribute positively to UN Sustainable Development Goals ("SDGs"), (b) do no significant harm to any environmental or social objective, and (c) follow good governance practices. The Sub-Fund seeks to achieve its environmental and social characteristics by investing in the component securities of the Index which applies a negative environmental and social screen in line with the environmental and social characteristics of the Sub-Fund.

The investment objective of the Sub-Fund is to seek long-term growth of capital and income. The Sub-Fund will seek to promote environmental and social characteristics within the meaning of Article 8 of the Sustainable Finance Disclosure Regulation ("SFDR"). The Sub-Fund's environmental characteristics are to avoid investment in companies that generate more than 1% of their revenue from thermal coal extraction, arctic drilling or oil tar sand mining.