Mercer Super is a public offer retail fund who recently merged with former fund BT Super. Mercer Super has over 850,000 members and $63 billion in retirement funds under management.
All prices / returns quoted as of 30 June 2023 unless otherwise stated.
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Mercer (Australia) Pty Ltd entered into a Heads of Agreement with Westpac Banking Corporation and BT Funds Management Limited to merge, through a successor fund transfer.
Mercer Super is owned by New York-listed Marsh McLennan.
Mercer Super invests globally and their allocation depends on the investment option chosen. Mercer Super invests in a range of asset classes such as shares, property, fixed interest and cash.
Mercer Super’s MySuper SmartPath product saw a 10 year return of 7.4% p.a. (for the largest member cohort).