Mercer Socially Responsible Global Shares Fund -Unhedged Units

Overview

Mercer builds sustainability principles into investment portfolios to help protect and enhance the value of the Funds’ investments. Looking beyond traditional financial factors to consider the potential investment impacts of corporate governance, as well as environmental and social issues, specifically: - Environmental, Social and Corporate Governance (ESG) factors - Taking a broader perspective on risk - Climate change poses a systemic risk and investors should consider the potential financial impacts of both the associated transition to a low-carbon economy and the physical impacts - Active ownership (or stewardship) - Accessing long-term streams of returns, rather than focusing on short-term price movements, can add value. The investment managers appointed to the Funds are: - Encouraged to consider ESG factors, such as those set out in the following table, in assessing investment risk and opportunities, as relevant to the type of investment, and - Required to exclude investments in companies that manufacture tobacco products and controversial weapons, as detailed below under Exclusion of tobacco and controversial weapons companies.

Description

• Involved in the manufacture of tobacco and any company that derives 50% or more of revenue from other tobacco-related business activities.
• Involved in the production of controversial weapons, including companies involved with the production of cluster bombs, landmines, biological or chemical weapons, and automatic and semi-automatic firearms.
• With a material exposure* to: