Mercer SmartPath performance

Your super fund’s performance matters

How a super fund performs over the long-term can make a difference to your final balance, especially when combined with low administration fees.^††

Mercer SmartPath has delivered on average 8.1% p.a. over 10 years for one of our largest groups of members.^†

How has my super performed?

The majority of our Mercer Super members are invested in the Mercer SmartPath® investment option. You can see how each path has performed, over both the short and long term, from the table below (as at 30 June 2025).²

^{Total Returns are based on exit prices and allow for deduction of tax and investment fees including indirect costs (but not administration or other fees). Returns greater than one year are shown on an annualised basis.}

You can find historical performance information for all our other investment options on our Mercer Super Trust’s performance reports page.

Of course, it’s important to note that past performance is not an indicator of future performance. What strong long-term investment returns may reflect, however, is a superannuation fund’s experience and commitment to great financial outcomes for its members.
 

Want more detail on your fund’s historical performance?

Find out more about how your super is performing on our Mercer Super Trust’s performance reports page where you can:

• review our Monthly Mercer Super Trust performance reports 
• review our Quarterly Mercer Super Trust performance reports
• access our daily Unit Price calculator
• read more about what to consider when comparing superannuation funds’ performance

We’ve passed the annual performance test

Since 2021, the Australian Prudential Regulatory Authority has conducted an annual performance test for MySuper products, which is intended to hold super funds to account for underperformance through greater transparency and increased consequences. In 2023 this test was extended to also apply to Trustee-Directed Products (TDPs).¹

We’re pleased to confirm that Mercer Super has passed the annual performance test for 2024, as well as for all other years since it was first introduced in 2021.

^{1 Generally, trustee-directed products are a type of superannuation investment option (or product) with a strategic asset allocation to more than one type of asset class. The investment strategy for these products is designed or managed by the superannuation trustee or its related entity. Certain products aren’t included in this category, such as those with defined-benefit interests or that support a superannuation income stream in the retirement phase.}

^{2 Returns are for the Mercer SmartPath investment option in the Mercer Super Trust Corporate Super Division as at 30 June 2025.}

• ^{Past performance is not a reliable indicator of future performance.}
• ^{Differences between returns for each path can reflect different underlying investment strategies, or where strategies are the same, the timing of cash flows in the establishment of Mercer SmartPath.}
• ^{n/a indicates that the investment option was not operating for the full period.}
• ^{More information on the asset allocation and investment risks of each Mercer SmartPath cohort can be found in the relevant PDS available at mercersuper.com.au/pds.}

^{Where consent has been given, Chant West may provide Mercer Super with a copy of the personal information that you enter to access AppleCheck. Mercer Super may use this information in accordance with our Privacy Policy to contact you and provide further details about the products and services we offer.}

^{Ratings are likely to change and are only one factor to be taken into account when deciding to invest in a product.}

^{Issued by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533, Australian Financial Services Licence #235906, the trustee of the Mercer Super Trust ABN 19 905 422 981 (‘Mercer Super’).}

^{Any advice provided is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any advice we recommend you obtain your own financial advice and consider the Product Disclosure Statement and Financial Services Guide available at mercersuper.com.au. The product’s Target Market Determination setting out the class of people for whom the product may be suitable can be found at mercersuper.com.au/tmd.}

^{The trustee has appointed Mercer Investments (Australia) Limited (MIAL) ABN 66 008 612 397 AFSL #244385 as an implemented consultant to provide investment strategy advice, portfolio management and implementation services including investment manager selection and monitoring. MIAL is also the responsible entity of a number of investment funds (the Mercer Funds). Mercer Super Trust invests in the Mercer Funds. Neither MSAL or MIAL or any of the underlying fund investment managers guarantee the investment performance, earnings or return of capital invested in any of the Mercer Super Trust investment options.}

^{Mercer Financial Advisers are authorised representatives of Mercer Financial Advice (Australia) Pty Ltd (MFAAPL) ABN 76 153 168 293, Australian Financial Services Licence #411766. The trustee has appointed MFAAPL to provide financial advice services for members of the Mercer Super Trust.}

^{‘MERCER’ and ‘Mercer SmartPath®’ are Australian registered trademarks of Mercer (Australia) Pty Ltd ABN 32 005 315 917. ©2025 Mercer. All rights reserved.}

^{Please also read and note the Care and Living with Mercer Terms of Use when accessing, browsing or using the services made available to you. 'MERCER' is a registered trademark of Mercer (Australia) Pty Ltd ABN 32 005 315 917.}