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The investment objective of the Sub-Fund is to provide exposure to various return sources. The Sub-Fund will seek to achieve its objective through a policy of holding a range of funds (the “Underlying Funds”) which in turn invest in a broad portfolio of assets including equities, fixed income securities, derivatives, money market instruments and other investments and / or through direct investment across a diversified range of assets as outlined hereunder. The Sub-Fund may invest up to 100% of its Net Asset Value in Underlying Funds. The Sub-Fund may seek to achieve its investment objective by investing in shares of the other sub-funds of the Fund, MGI Funds plc, Mercer PIF Fund plc, Mercer QIF Fund plc or any other umbrella fund established by the Manager (the “Mercer Funds”). The Manager and Investment Manager also act as manager and investment manager respectively of MGI Funds plc, Mercer PIF Fund plc and Mercer QIF Fund plc.
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