A strength of Mercer is its experienced longest-tenured portfolio managers, who have accrued an average 12 years of tenure. This experience should give investors confidence in the group's ability to navigate a variety of conditions. Looking at the firm's risk-adjusted performance, the product lineup compares similarly to competitors. Across its open-end and exchange-traded funds, the firm's average overall Morningstar Rating is 2.9 stars. Despite other redeeming qualities as a firm, Mercer has seen some disruption among its portfolio management ranks in the past five years, denoted by elevated turnover compared to peer asset-management firms. Long-term stability tends to support positive results.
A Checklist for Open Enrollment Season
If you’re signing up for employer-provided benefits, don’t just re-up for last year’s choices.