The Record.
Twenty-three years of composite performance, reported net of fees, measured against the S&P 500 Total Return Index.
Mercury vs. S&P 500 Total Return
Net of fees. Past performance is not indicative of future results.
How the portfolio is structured.
Characteristics as of the most recent quarter-end. Portfolio composition reflects the demographic thesis, not an attempt to replicate or track any benchmark index.
| Sector | MIG | S&P 500 |
|---|---|---|
| Consumer Discretionary | 16% | 10% |
| Consumer Staples | 4% | 5% |
| Energy | 2% | 3% |
| Financials | 9% | 13% |
| Health Care | 2% | 10% |
| Industrials | 1% | 8% |
| Information Technology | 65% | 34% |
| Materials | 1% | 2% |
| Communication Svc | 0% | 10% |
| Utilities | 0% | 2% |
| Metric | MIG | S&P 500 |
|---|---|---|
| Weighted Market Cap | $432.6B | $308.6B |
| P/E (Trailing) | 33.1 | 27.2 |
| Dividend Yield | 0.8% | 1.0% |
| Price / Cash Flow | 27.4 | 26.3 |
| Price / Book | 9.7 | 10.0 |
| Alpha | 15.4 | — |
| Beta | 1.41 | 1.0 |
| Standard Deviation | 21.7 | 18.2 |
| Active Share | 86.2% | — |
| Tracking Error | 12.15 | — |
| Turnover | 1.71 | — |
The S&P 500 Total Return Index is used for reference purposes only. Mercury does not manage against this benchmark. Comparisons are provided to give context for the composite's long-term return pattern and cannot account for differences in volatility, concentration, or investment objectives.
January 1, 2002 — December 31, 2024. Composite inception: January 1, 2002. Performance reported net of all advisory fees.
Get in Touch to Learn More.
Schedule a time to talk or submit an inquiry to learn more about Mercury.
901-327-2788
info@merc-invest.com
Memphis, Tennessee
Performance results represent the Mercury Investment Composite, a composite of all discretionary accounts managed according to Mercury's primary investment strategy since January 1, 2002. All returns are presented net of investment advisory fees, brokerage commissions, and other transaction costs. Past performance is not indicative of future results and does not guarantee a comparable outcome. Individual account performance will vary from composite results due to differences in account size, timing of contributions and withdrawals, fees, and other factors.
The S&P 500 Total Return Index is an unmanaged index of 500 widely held U.S. large-cap stocks. It is presented for reference purposes only. The index does not reflect fees, expenses, or transaction costs. Investors cannot invest directly in an index. Comparisons between the Mercury Composite and the S&P 500 Total Return Index are made solely for context and are not intended to suggest that Mercury's investment strategy is comparable to or benchmarked against this index.