Fact sheet: MFS Meridian Asia PacExJap

Fund information
Fund name
MFS Meridian Asia Pacific ex-Japan W1 USD
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Sanjay Natarajansince 01/01/2012
  • Team of Asian Equity Analystssince 25/09/2005
  • John Tsaisince 31/08/2012
Fund objective
The fund's investment objective is to seek capital appreciation, measured in U.S. dollars.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
5.6%
1 Year rank in sector
-
Sector
FO Equity - Asia Pacific ex Japan
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1%
Fund size
£78m (£96m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
118
Top in this sector
Fund name1 Year
Templeton Asian Gth36.5%
TT International Asia Pac Eq35.8%
Old Mutual AnEqIn33%
Old Mutual Pac Eq32%
Old Mutual AnEqIn31.7%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Others24.6%
    Australia20.6%
    China16.6%
    Korea16.1%
    Hong Kong11.6%
  • Financial Services33.5%
    Technology23.8%
    Capital Goods15.1%
    Energy7.8%
    Cyclical Consumer Goods6.3%
  • International Equities24.6%
    Australian Equities20.6%
    Chinese Equities16.6%
    South Korean Equities16.1%
    Hong Kong Equities11.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-2.8%6%5.6%0.4%19.2%
Sector-3.1%-2.3%8.1%6.6%5.5%26.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund8.5%-7.5%0.5%3.8%18.6%
Sector8%-6.8%5.5%3.3%19.7%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.06
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
14.47
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.73
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.42
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high12.98
52 week low10.02
Current bid price-
Current offer price-
Current mid price12.25
Region
1Others24.6%
2Australia20.6%
3China16.6%
4Korea16.1%
5Hong Kong11.6%
6Taiwan9.3%
7Money Market1.2%
Industry sector
1Financial Services33.5%
2Technology23.8%
3Capital Goods15.1%
4Energy7.8%
5Cyclical Consumer Goods6.3%
6Consumer Staples6%
7Telecommunications4.8%
8Health Care1.5%
9Cash & Cash Equivalents1.2%
Asset type
1International Equities24.6%
2Australian Equities20.6%
3Chinese Equities16.6%
4South Korean Equities16.1%
5Hong Kong Equities11.6%
6Taiwanese Equities9.3%
7Money Market1.2%
Individual holdings
1SAMSUNG ELECTRONICS CO LTD COMMON STOCK5.98%
2TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK5.37%
3AIA GROUP LTD COMMON STOCK4.05%
4Alibaba Group Holding Ltd ADR3.35%
5CHINA CONSTRUCTION BANK-H COMMON STOCK2.81%
6HDFC BANK LTD COMMON STOCK2.46%
7Tencent Holdings Ltd2.21%
8China Resources Gas Group Ltd2.07%
9Westpac Banking Corp2.06%
Management
Fund manager group
MFS
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund objective
The fund's investment objective is to seek capital appreciation, measured in U.S. dollars.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sanjay Natarajan01/01/2012Sanjay Natarajan is an Investment Officer and Institutional Portfolio Manager at MFS Investment Management (MFS). His responsibilities include communicating investment policy, strategy, and positioning and participating in the research process and strategy discussions. His role also includes assessing portfolio risk, customizing portfolios to client objectives and guidelines, and managing daily cash flows. In addition, he manages regional equity portfolios focused on Hong Kong and China. Natarajan joined MFS in 2007. Prior to joining MFS, he worked for DBS Bank Ltd. (Asia), having held various roles, including serving as COO of Global Corporate and Investment Banking. He also spent more than four years at McKinsey & Co., Inc., in both the United States and Asia. Previous experience also includes k1 Ventures and the Economic Development Board of the Singapore Government. He began his career in 1996. Natarajan holds a Bachelors degree from Dartmouth College and earned a Masters degree from Harvard University.
Team of Asian Equity Analysts25/09/2005
John Tsai31/08/2012John J. Tsai is an investment office, equity research analyst and equity portfolio manager at MFS investment Management® (MFS®). He works closely with MFS's analysts and portfolio managers and is a member of the firm's international consumer cyclicals and consumer staples teams. He is based in the firm's Singapore office. Prior to joining MFS in 2001 and being promoted to vice president in 2005, John spent four years as a manager and senior equity analyst for Indosuez W.I. Carr Securities in Taiwan. John received his Master of Arts and Master of Business Administration degrees from the University of Pennsylvania. He also received his Bachelor of Commerce degree from McGill University. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian Asia Pacific ex-Japan A1 EUR
Initial charge6%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price20.5
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTO45
MFS Meridian Asia Pacific ex-Japan A1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price24.19
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTP91
MFS Meridian Asia Pacific ex-Japan B1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price21.33
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTP65
MFS Meridian Asia Pacific ex-Japan C1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price21.16
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTP66
MFS Meridian Asia Pacific ex-Japan I1 GBP
Initial charge-
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price266
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTO48
MFS Meridian Asia Pacific ex-Japan I1 USD
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price209.04
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTP67
MFS Meridian Asia Pacific ex-Japan N1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.55%
Bid price-
Offer price-
Mid price9.67
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDJF
MFS Meridian Asia Pacific ex-Japan W1 USD
Initial charge-
Annual charge0.8%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.25
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1VC
Data provided by

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