Fees and Expenses
|
Jul. 23, 2026 |
| Mercer US Small/Mid Cap Equity Fund | Mercer US Small/Mid Cap Equity Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“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.
|
| Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] |
Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include Acquired
Fund Fees and Expenses, which are included above.
|
| 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)(2) | | | 0.59 | % | | | 0.59 | % | | | 0.59 | % | | | 0.59 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.05 | % | | | 0.05 | % | | | 0.05 | % | | | 0.05 | % | | Acquired Fund Fees and Expenses | | | 0.07 | % | | | 0.07 | % | | | 0.07 | % | | | 0.07 | % | | Total Annual Fund Operating Expenses(2)(4) | | | 1.21 | % | | | 0.96 | % | | | 0.86 | % | | | 0.71 | % | | Less Fee Waivers(1) | | | (0.21 | %) | | | (0.21 | %) | | | (0.21 | %) | | | (0.21 | %) | | Net Annual Fund Operating Expenses(3) | | | 1.00 | % | | | 0.75 | % | | | 0.65 | % | | | 0.50 | % |
| (1) | Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.87% to 0.59% effective as of July 1, 2026. |
| (3) | “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. |
| (4) | Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include Acquired
Fund Fees and Expenses, which are included above. |
|
| 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, 2026).
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 |
|
$ |
102 |
|
|
$ |
363 |
|
|
$ |
645 |
|
|
$ |
1,447 |
|
| Class I |
|
$ |
77 |
|
|
$ |
285 |
|
|
$ |
510 |
|
|
$ |
1,159 |
|
| Class Y-2 |
|
$ |
66 |
|
|
$ |
253 |
|
|
$ |
456 |
|
|
$ |
1,041 |
|
| Class Y-3 |
|
$ |
51 |
|
|
$ |
206 |
|
|
$ |
374 |
|
|
$ |
863 |
|
|
| Mercer Non-US Core Equity Fund | Mercer Non-US Core Equity Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“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.
|
| 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)(2) | | | 0.54 | % | | | 0.54 | % | | | 0.54 | % | | | 0.54 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.05 | % | | | 0.05 | % | | | 0.05 | % | | | 0.05 | % | | Total Annual Fund Operating Expenses(2) | | | 1.09 | % | | | 0.84 | % | | | 0.74 | % | | | 0.59 | % | | Less Fee Waivers(1) | | | (0.22 | %) | | | (0.22 | %) | | | (0.22 | %) | | | (0.22 | %) | | 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, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.70% to 0.54% effective as of July 1, 2026. |
| (3) | “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, 2026).
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 |
|
|
$ |
325 |
|
|
$ |
580 |
|
|
$ |
1,309 |
|
| Class I |
|
$ |
63 |
|
|
$ |
246 |
|
|
$ |
444 |
|
|
$ |
1,017 |
|
| Class Y-2 |
|
$ |
53 |
|
|
$ |
214 |
|
|
$ |
390 |
|
|
$ |
898 |
|
| Class Y-3 |
|
$ |
38 |
|
|
$ |
167 |
|
|
$ |
307 |
|
|
$ |
717 |
|
|
| Mercer Emerging Markets Equity Fund | Mercer Emerging Markets Equity Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“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.
|
| Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] |
Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include Acquired
Fund Fees and Expenses, which are included above.
|
| 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)(2) | | | 0.56 | % | | | 0.56 | % | | | 0.56 | % | | | 0.56 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.10 | % | | | 0.10 | % | | | 0.10 | % | | | 0.10 | % | | Acquired Fund Fees and Expenses | | | 0.01 | % | | | 0.01 | % | | | 0.01 | % | | | 0.01 | % | | Total Annual Fund Operating Expenses(2)(4) | | | 1.17 | % | | | 0.92 | % | | | 0.82 | % | | | 0.67 | % | | Less Fee Waivers(1) | | | (0.29 | %) | | | (0.29 | %) | | | (0.29 | %) | | | (0.29 | %) | | Net Annual Fund Operating Expenses(4) | | | 0.88 | % | | | 0.63 | % | | | 0.53 | % | | | 0.38 | % |
| (1) | Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.79% to 0.56% effective as of July 1, 2026. |
| (3) | “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. |
| (4) | Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include Acquired
Fund Fees and Expenses, which are included above. |
|
| 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, 2026).
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 |
|
$ |
90 |
|
|
$ |
343 |
|
|
$ |
616 |
|
|
$ |
1,395 |
|
| Class I |
|
$ |
64 |
|
|
$ |
264 |
|
|
$ |
481 |
|
|
$ |
1.105 |
|
| Class Y-2 |
|
$ |
54 |
|
|
$ |
233 |
|
|
$ |
427 |
|
|
$ |
987 |
|
| Class Y-3 |
|
$ |
39 |
|
|
$ |
185 |
|
|
$ |
344 |
|
|
$ |
807 |
|
|
| Mercer Core Fixed Income Fund | Mercer Core Fixed Income Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“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.
|
| 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)(2) | | | 0.27 | % | | | 0.27 | % | | | 0.27 | % | | | 0.27 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.06 | % | | | 0.06 | % | | | 0.06 | % | | | 0.06 | % | | Total Annual Fund Operating Expenses(2) | | | 0.83 | % | | | 0.58 | % | | | 0.48 | % | | | 0.33 | % | | Less Fee Waivers(1) | | | (0.19 | %) | | | (0.19 | %) | | | (0.19 | %) | | | (0.19 | %) | | Net Annual Fund Operating Expenses | | | 0.64 | % | | | 0.39 | % | | | 0.29 | % | | | 0.14 | % |
| (1) | Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.32% to 0.27% effective as of July 1, 2026. |
| (3) | “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. |
|
| 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, 2026).
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 |
|
$ |
65 |
|
|
$ |
246 |
|
|
$ |
442 |
|
|
$ |
1,008 |
|
| Class I |
|
$ |
40 |
|
|
$ |
167 |
|
|
$ |
305 |
|
|
$ |
708 |
|
| Class Y-2 |
|
$ |
30 |
|
|
$ |
135 |
|
|
$ |
250 |
|
|
$ |
585 |
|
| Class Y-3 |
|
$ |
14 |
|
|
$ |
87 |
|
|
$ |
166 |
|
|
$ |
400 |
|
|
| Mercer Opportunistic Fixed Income Fund | Mercer Opportunistic Fixed Income Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“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.
|
| Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] |
Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include AFFE,
which are included above.
|
| 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)(2) | | | 0.53 | % | | | 0.53 | % | | | 0.53 | % | | | 0.53 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.07 | % | | | 0.07 | % | | | 0.07 | % | | | 0.07 | % | | Acquired Fund Fees and Expenses(4) | | | 0.09 | % | | | 0.09 | % | | | 0.09 | % | | | 0.09 | % | | Total Annual Fund Operating Expenses(2)(5) | | | 1.19 | % | | | 0.94 | % | | | 0.84 | % | | | 0.69 | % | | Less Fee Waivers(1) | | | (0.18 | %) | | | (0.18 | %) | | | (0.18 | %) | | | (0.18 | %) | | Net Annual Fund Operating Expenses(5) | | | 1.01 | % | | | 0.76 | % | | | 0.66 | % | | | 0.51 | % |
| (1) | Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.76% to 0.53% effective as of July 1, 2026. |
| (3) | “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. |
| (4) | Acquired Fund Fees and Expenses (“AFFE”) are indirect fees and expenses that the Fund incurs
from investing in the shares of other funds, including business development companies. AFFE are based on estimated amounts for the current
fiscal year. |
| (5) | Total Annual Fund Operating Expenses and Net Annual Fund Operating Expenses do not correlate to the “total
expenses (before reductions and reimbursements/waivers) to average daily net assets” and “net expenses to average daily net
assets”, respectively, provided in the Financial Highlights. The information in the Financial Highlights does not include AFFE,
which are included above. |
|
| 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, 2026).
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 |
|
$ |
103 |
|
|
$ |
360 |
|
|
$ |
637 |
|
|
$ |
1,427 |
|
| Class I |
|
$ |
78 |
|
|
$ |
282 |
|
|
$ |
503 |
|
|
$ |
1,138 |
|
| Class Y-2 |
|
$ |
67 |
|
|
$ |
250 |
|
|
$ |
448 |
|
|
$ |
1,020 |
|
| Class Y-3 |
|
$ |
52 |
|
|
$ |
203 |
|
|
$ |
366 |
|
|
$ |
842 |
|
|
| Mercer Short Duration Fixed Income Fund | Mercer Short Duration Fixed Income Fund |
|
| Prospectus [Line Items] |
|
| Other Expenses, New Fund, Based on Estimates [Text] |
“Other Expenses” include administrative, custodial, legal, audit, transfer agent and Trustees’
fees and expenses. The “Other Expenses” shown for Adviser Class, Class I and Class Y-2 are based on estimated amounts for
the Fund’s current fiscal year, as the Adviser Class, Class I and Class Y-2 shares of the Fund had not commenced operations prior
to the most recent fiscal year end.
|
| 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)(2) | | | 0.29 | % | | | 0.29 | % | | | 0.29 | % | | | 0.29 | % | | Distribution (12b-1) Fees | | | 0.25 | % | | | None | | | | None | | | | None | | | Non-Distribution Shareholder Administrative Services Fees | | | 0.25 | % | | | 0.25 | % | | | 0.15 | % | | | None | | | Other Expenses(3) | | | 0.58 | % | | | 0.58 | % | | | 0.58 | % | | | 0.58 | % | | Total Annual Fund Operating Expenses(2) | | | 1.37 | % | | | 1.12 | % | | | 1.02 | % | | | 0.87 | % | | Less Fee Waivers(1)(4) | | | (0.67 | %) | | | (0.67 | %) | | | (0.67 | %) | | | (0.67 | %) | | Net Annual Fund Operating Expenses | | | 0.70 | % | | | 0.45 | % | | | 0.35 | % | | | 0.20 | % |
| (1) | Mercer Investments LLC (the “Adviser”) has contractually agreed, until at least July 31, 2026,
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) | The “Management Fees” and “Total Annual Fund Operating Expenses” have been adjusted
to reflect the decrease in the management fee payable by the Portfolio from 0.30% to 0.29% effective as of July 1, 2026. |
| (3) | “Other Expenses” include administrative, custodial, legal, audit, transfer agent and Trustees’
fees and expenses. The “Other Expenses” shown for Adviser Class, Class I and Class Y-2 are based on estimated amounts for
the Fund’s current fiscal year, as the Adviser Class, Class I and Class Y-2 shares of the Fund had not commenced operations prior
to the most recent fiscal year end. |
| (4) | The Adviser has also contractually agreed, until at least July 31, 2026, to waive fees and/or reimburse
Fund expenses to the extent that annual fund operating expenses, net of the management fee waiver described in footnote (1) above, exceed
0.70% for Adviser Class shares, 0.45% for Class I shares, 0.35% for Class Y-2 shares and 0.20% for Class Y-3 shares, excluding, as applicable,
acquired fund fees and expenses, interest, taxes, 12b-1 fees, non-12b-1 shareholder administrative services fees, brokerage expenses,
dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not incurred in the ordinary course
of the Fund’s business. This contractual fee waiver and reimbursement agreement cannot be eliminated prior to July 31, 2026 without
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. |
|
| 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, 2026).
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 |
|
$ |
72 |
|
|
$ |
368 |
|
|
$ |
686 |
|
|
$ |
1,588 |
|
| Class I |
|
$ |
46 |
|
|
$ |
289 |
|
|
$ |
552 |
|
|
$ |
1,303 |
|
| Class Y-2 |
|
$ |
36 |
|
|
$ |
258 |
|
|
$ |
498 |
|
|
$ |
1,187 |
|
| Class Y-3 |
|
$ |
20 |
|
|
$ |
210 |
|
|
$ |
416 |
|
|
$ |
1,011 |
|
|