v3.25.1
Fees and Expenses - Mercer Emerging Markets Equity Fund
Mar. 31, 2024
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

These tables summarize the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
    Adviser
Class
  Class I   Class Y-2   Class Y-3
Redemption Fee on shares owned less than 30 days (as a % of total redemption proceeds)     2.00 %     2.00 %     2.00 %     2.00 %
                                 
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
      Adviser
Class
  Class I   Class Y-2   Class Y-3
Management Fees(1)       0.77 %     0.77 %     0.77 %     0.77 %
Distribution (12b-1) Fees       0.25 %     None       None       None  
Non-Distribution Shareholder Administrative Services Fees       0.25 %             0.25 %             0.15 %     None  
Other Expenses(2)       0.10 %     0.10 %     0.10 %     0.10 %
Total Annual Fund Operating Expenses       1.37 %     1.12 %     1.02 %     0.87 %
Less Fee Waivers(1)       (0.50 %)     (0.50 %)     (0.50 %)     (0.50 %)
Net Annual Fund Operating Expenses       0.87 %      0.62 %     0.52 %     0.37 %

 

 

(1)Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2025, to waive any portion of its management fee that exceeds the aggregate amount of the subadvisory fees that the Adviser is required to pay to the Fund’s subadvisers. This contractual fee waiver agreement may only be changed or eliminated with the approval of the Fund’s Board of Trustees. The fees waived by the Adviser pursuant to this agreement are not subject to reimbursement by the Fund to the Adviser. The amount of the fee waiver has been estimated to reflect the subadvisory fees in effect as of the date of this prospectus.

 

(2)“Other Expenses” include administrative, custodial, legal, audit, transfer agent and Trustees’ fees and expenses. The “Other Expenses” shown for Adviser Class and Class Y-2 are based on estimated amounts for the Fund’s current fiscal year, as the Adviser Class and Class Y-2 shares of the Fund had not commenced operations prior to the most recent fiscal year end. The “Other Expenses” shown for Class I are also based on estimated amounts for the Fund’s current fiscal year.
Expense Example [Heading] Example
Expense Example Narrative [Text Block]

The example below is intended to help you compare the costs of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods shown, that your investment has a 5% return each year, and that the Fund’s operating expenses remain the same as shown above (taking into account the contractual expense limitation being in effect for the one-year period ending July 31, 2025).

 

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Expense Example, With Redemption [Table]
    1 Year     3 Years     5 Years     10 Years  
Adviser Class   $ 89     $ 385     $ 702       $ 1,603  
Class I   $ 63     $ 306     $ 569     $ 1,318  
Class Y-2   $ 53     $ 275     $ 515     $ 1,202  
Class Y-3   $ 38     $ 228     $ 433     $ 1,026  
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may increase transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund Operating Expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 57% of the average value of its portfolio.

Portfolio Turnover, Rate 57.00%