Key Takeaways
- • Mercer has introduced SmartPath Shariah, a Shariah-compliant option designed to serve as a default experience for Mercer Master Trust members who want their savings invested in line with Shariah principles.
- • The offering includes both a glidepath and standalone self-select funds, according to publisher material, allowing members to keep the familiar SmartPath structure.
- • The Mercer SmartPath Shariah – Target Drawdown strategy draws on the expertise of Islamic scholars and other experts to ensure it only invests in compliant businesses.
- • The product is positioned as a faith-aligned alternative within Mercer's SmartPath range, which serves as the MySuper default for most members.
Summary
Mercer has launched SmartPath Shariah, a Shariah-compliant investment option positioned as a default experience for members of the Mercer Master Trust who want their retirement savings invested in line with Shariah principles, according to material published by Corporate Adviser and related Mercer content. The offering is designed to preserve the familiar structure of Mercer's SmartPath range, which the firm describes as a defined contribution strategy that helps scheme members navigate complexity.
According to publisher descriptions, the range includes both a glidepath and standalone self-select funds. The SmartPath Shariah – Target Drawdown strategy is aimed at members planning to take income drawdown at retirement. Mercer states that the strategy draws on the expertise of Islamic scholars and other experts to ensure it invests only in businesses that meet Shariah criteria.
Mercer's broader SmartPath range is positioned as the MySuper default option for most members, and the Shariah variant extends that default approach to members seeking faith-aligned investing. Mercer's published commentary argues that the debate around Shariah-compliant investing should move beyond faith-based product provision and anti-discrimination legislation toward retirement outcomes.
The full article could not be retrieved, so specific fund sizes, fees, performance figures, and launch timing beyond the publication date of April 16, 2026 are not available in the sources reviewed.
According to publisher descriptions, the range includes both a glidepath and standalone self-select funds. The SmartPath Shariah – Target Drawdown strategy is aimed at members planning to take income drawdown at retirement. Mercer states that the strategy draws on the expertise of Islamic scholars and other experts to ensure it invests only in businesses that meet Shariah criteria.
Mercer's broader SmartPath range is positioned as the MySuper default option for most members, and the Shariah variant extends that default approach to members seeking faith-aligned investing. Mercer's published commentary argues that the debate around Shariah-compliant investing should move beyond faith-based product provision and anti-discrimination legislation toward retirement outcomes.
The full article could not be retrieved, so specific fund sizes, fees, performance figures, and launch timing beyond the publication date of April 16, 2026 are not available in the sources reviewed.
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