Fact sheet: MFS Meridian BlnRsEurpEq

Fund information
Fund name
MFS Meridian Blended Research European Equity W1 GBP
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Christopher Jenningssince 22/08/2011
  • Gabrielle Gourgeysince 22/08/2011
Fund objective
The fund's investment objective is to seek capital appreciation, measured in euros.
Benchmark
  • MSCI Europe
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
8.5%
1 Year rank in sector
36/224
Sector
FO Equity - Europe inc UK
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.
0.8%
Fund size
£5m (£5m 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.
100
Top in this sector
Fund name1 Year
Mirabaud Eqts PanEur SmllMid35.6%
IVI European32.7%
Schroder ISF Eur SpclSits31.1%
JOHCM European Sel Val31%
GS Eur CORE Eq Portfolio28.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK30.1%
    France19.1%
    Switzerland17.8%
    Others15.3%
    Germany12.5%
  • Financial Services19.3%
    Consumer Staples13.6%
    Health Care13.2%
    Utilities9.2%
    Industrials8.7%
  • UK Equities30.1%
    French Equities19.1%
    Swiss Equities17.8%
    International Equities15.3%
    German Equities12.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%7.4%7.3%8.5%4.4%-
Sector0.2%7%3.5%1.8%17.3%67.6%
Rank within sector50 / 23358 / 23430 / 23136 / 224174 / 200-
Quartile1st1st1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund1.8%3.2%-2%19.4%-
Sector-3.9%11.1%4.2%21.1%17.6%
Rank within sector24 / 229187 / 215176 / 202134 / 190-
Quartile1st4th4th3rd
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.
-3.3
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.
0.8
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%.
11.49
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.
6.45
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.
-0.71
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.
0.75
Price movement
52 week high13.72
52 week low11.21
Current bid price-
Current offer price-
Current mid price13.29
Region
1UK30.1%
2France19.1%
3Switzerland17.8%
4Others15.3%
5Germany12.5%
6Norway4%
7Money Market1.2%
Industry sector
1Financial Services19.33%
2Consumer Staples13.6%
3Health Care13.2%
4Utilities9.2%
5Industrials8.7%
6Basic Materials8.2%
7Energy7.7%
8Automobiles4.5%
9Retail4.5%
Asset type
1UK Equities30.1%
2French Equities19.1%
3Swiss Equities17.8%
4International Equities15.3%
5German Equities12.5%
6Norwegian Equities4%
7Money Market1.2%
Individual holdings
1Nestle SA4.16%
2Roche Holding AG3.02%
3Royal Dutch Shell PLC2.7%
4BP PLC2.65%
5Novartis AG2.62%
6HSBC2.15%
7ARM Holdings PLC2.13%
8Sanofi2.08%
9Bayer AG2.05%
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 euros.
Benchmark
  • MSCI Europe
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Christopher Jennings22/08/2011Christopher joined MFS in 2004 as an Equity Research Analyst; named Portfolio Manager in 200. Previous experience includes: one-and-a-half years as an Equity Portfolio Manager for Morgan Stanley Investment Management; and three years as a Telecom Research Analyst, and two years as a Portfolio Manager for UBS Asset Management. Christopher graduated from Cambridge University with an MA in Economics and Business Management, a Post Graduate Certificate in Manufacturing Management in 1996 and is a qualified CFA
Gabrielle Gourgey22/08/2011Gabrielle Gourgey was named an Investment Officer and Institutional Portfolio Manager of MFS Investment Management in 2007. She participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows. Gabrielle's responsibilities include communicating the investment policy, strategy, and positioning of the portfolio to clients globally. Joining MFS in 2006, Gabrielle previously spent 8 years as a Sales Specialist at Merrill Lynch and 2 years as Sales / Institutional Equity at CIBC Oppenheimer. She graduated from Bristol University, BA with honors.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian Blended Research European Equity A1 EUR
Initial charge6%
Annual charge0.65%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price17.44
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08WW
MFS Meridian Blended Research European Equity A1 USD
Initial charge6%
Annual charge0.65%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price13.57
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08WV
MFS Meridian Blended Research European Equity AH1 USD
Initial charge6%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.94
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHN
MFS Meridian Blended Research European Equity C1 USD
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price11.03
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHO
MFS Meridian Blended Research European Equity CH1 USD
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price10.92
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHP
MFS Meridian Blended Research European Equity I1 EUR
Initial charge-
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price183.97
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08WZ
MFS Meridian Blended Research European Equity I1 GBP
Initial charge-
Annual charge0.5%
Min single investment£1,500,000
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price181.45
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08X0
MFS Meridian Blended Research European Equity I1 USD
Initial charge-
Annual charge0.5%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price10.31
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBES
MFS Meridian Blended Research European Equity IH1 USD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price109.7
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAHQ
MFS Meridian Blended Research European Equity N1 USD
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price11.04
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHR
MFS Meridian Blended Research European Equity NH1 USD
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price10.93
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHS
MFS Meridian Blended Research European Equity W1 EUR
Initial charge-
Annual charge0.6%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.2
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBEO
MFS Meridian Blended Research European Equity W1 GBP
Initial charge-
Annual charge0.6%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price13.29
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF22Y
MFS Meridian Blended Research European Equity W1 USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price11.07
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHT
MFS Meridian Blended Research European Equity WH1 USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.97
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEAHU
Data provided by

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