Fund size

Mistermeaner

hi, my workplace DC pension is with mercer. Rather than the default funds I have put 100% of my money into "Mercer Passive Global Equity" as i wanted a passive low cost global fund and this was the best of the choices available.

I have circa 900K in it.

Out of interest was looking at the fact sheet for this fund on the app today and the total fund value is only £49mil (as of Jan 25) meaning i account for about 2% of the total fund.... should i be concerned

I've tried looking for the fund on trustnet and morning star and can't find anything that matches - im wondering if this is a 'ring fenced' part of a larger fund specific to the mercer platform and that in reality my money is actually in a much larger fund?

fishface_3

Funds have different share classes for income/accumulation units etc and the fund value shown may just be for the share class used in your DC pension. You will probably find that they use a special share class for your DC pension that has lower fees than 'standard' units.. 

Marcon

Mistermeaner said:

hi, my workplace DC pension is with mercer. Rather than the default funds I have put 100% of my money into "Mercer Passive Global Equity" as i wanted a passive low cost global fund and this was the best of the choices available.

I have circa 900K in it.

Out of interest was looking at the fact sheet for this fund on the app today and the total fund value is only £49mil (as of Jan 25) meaning i account for about 2% of the total fund.... should i be concerned

I've tried looking for the fund on trustnet and morning star and can't find anything that matches - im wondering if this is a 'ring fenced' part of a larger fund specific to the mercer platform and that in reality my money is actually in a much larger fund?

Not sure what you're looking at, there are lots of different funds with that name (all vastly bigger!) - but try https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00001262C

and you'll see

The FT has this https://markets.ft.com/data/funds/tearsheet/summary?s=ie00bjsp0x25:gbp

El_Torro

The biggest risk with having your money in a small fund is that the people who manage the fund decide it's too small to bother with and discontinue the fund. If this happens your money will be transferred to another fund. You should be notified in advance of this happening. 

While your money is in the fund your money is tied up with the companies that the fund invests in. If the fund fails that doesn't mean you lose any of your money. It might be tied up for some time while the administrators reallocate your money to another fund but your money is safe.

Linton

Marcon said:

Mistermeaner said:

hi, my workplace DC pension is with mercer. Rather than the default funds I have put 100% of my money into "Mercer Passive Global Equity" as i wanted a passive low cost global fund and this was the best of the choices available.

I have circa 900K in it.

Out of interest was looking at the fact sheet for this fund on the app today and the total fund value is only £49mil (as of Jan 25) meaning i account for about 2% of the total fund.... should i be concerned

I've tried looking for the fund on trustnet and morning star and can't find anything that matches - im wondering if this is a 'ring fenced' part of a larger fund specific to the mercer platform and that in reality my money is actually in a much larger fund?

Not sure what you're looking at, there are lots of different funds with that name - but try https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00001262C

and you'll see

The FT has this https://markets.ft.com/data/funds/tearsheet/summary?s=ie00bjsp0x25:gbp

There is no data on morningstar on that and linked pages (such as the KIID and annual report) later than early 2024.  It appears that the fund is not cooperating with morningstar or has disappeared.

There is a similarly named fund (M2 rather than A4) here which may be relevent.

Marcon

Linton said:

Marcon said:

Mistermeaner said:

hi, my workplace DC pension is with mercer. Rather than the default funds I have put 100% of my money into "Mercer Passive Global Equity" as i wanted a passive low cost global fund and this was the best of the choices available.

I have circa 900K in it.

Out of interest was looking at the fact sheet for this fund on the app today and the total fund value is only £49mil (as of Jan 25) meaning i account for about 2% of the total fund.... should i be concerned

I've tried looking for the fund on trustnet and morning star and can't find anything that matches - im wondering if this is a 'ring fenced' part of a larger fund specific to the mercer platform and that in reality my money is actually in a much larger fund?

Not sure what you're looking at, there are lots of different funds with that name - but try https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00001262C

and you'll see

The FT has this https://markets.ft.com/data/funds/tearsheet/summary?s=ie00bjsp0x25:gbp

There is no data on morningstar on that and linked pages (such as the KIID and annual report) later than early 2024.  It appears that the fund is not cooperating with morningstar or has disappeared.

There is a similarly named fund (M2 rather than A4) here which may be relevent.

The FT graph is the M2 fund - and is up to 24 February 2025.

OP, which fund exactly are you in?

Mistermeaner

Yeah not sure !

all I can find on the platform is “mercer passive global equity” no Odin or sedol etc I’ll have to ask them tomorrow 

FIREDreamer

IvanOpinion said:

That is some drop in value in that graph

Same on other websites …

Not sure why the 40% drop in a year though, as its current holdings don’t reflect this.

Mistermeaner

Mercer provided the following GB00BGGRZN43

Cant find anything!