Mercer Aspire Cautious Growth Portfolio
Managed Defensive (<35% Equity)
Based on Mercer's market knowledge and investment expertise, this portfolio invests in a diversified mix of assets, which may shift as Mercer’s views change. Specialist active and passive managers are chosen, regularly monitored and where necessary replaced by Mercer. The allocations to managers and assets are regularly reviewed by Mercer and may change over time. The portfolio seeks to promote environmental characteristics within the meaning of Article 8 of the Sustainable Finance Disclosure Regulation. The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
This portfolio’s long-term objective is a cash return plus 2% to 3% per annum, gross of charges, with a target volatility of less than 10%. Mercer has chosen a portfolio of assets reflecting this objective, which is not guaranteed.
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198.60
EUR
+37.53 (+23.30%) past 3 year
as of 15 May 2026Fund insights
Detailed information extracted from the fund factsheet.
Managed by Mercer Global Investment Europe Limited
A portion of the portfolio may use Financial Derivative Instruments (instruments for which the price is dependent on one or more underlying assets, 'FDI'). This can be to achieve the investment objective, to hedge a given investment or to hedge against anticipated movements in a market or other sector or to manage the portfolio more efficiently. The use of FDI may multiply the gains or losses made by the portfolio on a given investment or on its investments generally.
A portion of this portfolio may use securities lending. Securities lending aims to generate additional returns for the portfolio in a low risk manner. Securities lending will adhere to UCITS regulations.
ESG & sustainability
In line with Mercer’s goal to place sustainability at the centre of its investment approach, Mercer committed to a target of net-zero absolute carbon emissions by 2050 for a large selection of the funds underlying the Mercer Aspire framework. As part of this commitment, Mercer also expects to reduce portfolio relative carbon emissions intensity by 45%, from 2019 baseline, by 2030. This target fed through to its flagship Aspire Cautious Growth Portfolio. Mercer confirms that it is on track to meet this target. Climate change has been a key engagement priority area for Mercer, and Mercer is committed to continuing to use its influence to promote the transition to net zero and to ensure the companies in which it invests will not get left behind.
Frequently asked questions
Common questions about Mercer Aspire Cautious Growth Portfolio.
The Aspire Cautious Growth Portfolio invests in a diversified mix of assets, including bonds, equities, alternatives, cash, property and commodities. Mercer may change the mix over time as its market views change, and it uses both active and passive specialist managers. The portfolio is designed to be broadly diversified rather than concentrated in one asset class.
The Aspire Cautious Growth Portfolio is aimed at people with more than 7 years to invest, or less than 7 years if they intend to take an Approved Retirement Fund at retirement. It may suit investors who are willing to accept rises and falls in value in pursuit of long-term growth. In other words, the value can go up and down, and investors need to be comfortable with that.
The Aspire Cautious Growth Portfolio seeks a long-term return of cash plus 2% to 3% per year, gross of charges, with target volatility of less than 10%. Mercer builds the portfolio to reflect that objective, but it is not guaranteed. Volatility means how much the portfolio’s value may fluctuate over time.
The Aspire Cautious Growth Portfolio seeks to promote environmental characteristics and is classified as Article 8 under SFDR. Mercer says sustainability is central to its approach and that the portfolio feeds into a target of net-zero absolute carbon emissions by 2050 for a large selection of the funds in the Mercer Aspire framework, with a goal to reduce relative carbon emissions intensity by 45% from a 2019 baseline by 2030. Mercer also says it is on track to meet that target.
The Aspire Cautious Growth Portfolio highlights inflation risk, currency risk and manager risk. Inflation risk means the portfolio may not keep up with rising prices, currency risk means overseas investments can be helped or hurt by exchange-rate moves, and manager risk means results can change if a chosen fund manager underperforms or is replaced. The portfolio may also use derivatives, which can increase gains or losses.
Mercer Aspire Cautious Growth Portfolio
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