Fact sheet: MFS Meridian Cntl Eurpn Eq

Fund information
Fund name
MFS Meridian Continental European Equity W1 GBP
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Matthew T Barrettsince 01/03/2009
Fund objective
The fund's investment objective is capital appreciation, measured in euros.
Benchmark
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-2%
1 Year rank in sector
-
Sector
FO Equity - Europe ex 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.
1%
Fund size
£7m (£14m 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.
105
Top in this sector
Fund name1 Year
JB Mltstck Erlnd Vl Stck32.1%
Waverton European Income21.8%
Oyster Cont Euro Select20.4%
Guinness European Eq Inc20.4%
J Chahine Dgtl Str Eur Ex UK19.3%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France26.6%
    Switzerland25.6%
    Germany23.1%
    Others10.4%
    Netherlands8.5%
  • Health Care20.2%
    Consumer Staples19.1%
    Financial Services12.9%
    Industrials10.9%
    Technology9.1%
  • French Equities26.6%
    Swiss Equities25.6%
    German Equities23.1%
    International Equities10.4%
    Dutch Equities8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%-5.6%0.9%-2%5.6%46.6%
Sector1.8%-1.4%1.5%-2.1%19%64.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-1.8%6.4%-0.7%21.2%18.5%
Sector-1.7%12.7%3.5%23.2%17.8%
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.
-2.42
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.
0.88
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%.
12.21
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.
6.22
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.
-0.49
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.
0.76
Price movement
52 week high14.13
52 week low11.58
Current bid price-
Current offer price-
Current mid price13.3
Region
1France26.6%
2Switzerland25.6%
3Germany23.1%
4Others10.44%
5Netherlands8.5%
6Italy3.7%
7Money Market2.06%
Industry sector
1Health Care20.24%
2Consumer Staples19.1%
3Financial Services12.9%
4Industrials10.9%
5Technology9.1%
6Retail6.7%
7Services6%
8Basic Materials5.7%
9Leisure3.3%
Asset type
1French Equities26.6%
2Swiss Equities25.6%
3German Equities23.1%
4International Equities10.44%
5Dutch Equities8.5%
6Italian Equities3.7%
7Money Market2.06%
Individual holdings
1Nestle SA6.3%
2Roche Holding AG6.05%
3SAP SE6.01%
4Novartis AG5.74%
5Bayer AG3.8%
6Schneider Electric SE3.66%
7Akzo Nobel NV3.57%
8Deutsche Wohnen AG3.42%
9Publicis Groupe SA3.3%
Management
Fund manager group
MFS
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund objective
The fund's investment objective is capital appreciation, measured in euros.
Benchmark
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew T Barrett01/03/2009Matthew T.Barrett Joined MFS in 2001. He is an Investment Officer based in London and also Global Equity Research Analyst.His Previous Experience includes, four years as an Associate Director specializing in Asian equities for Newport Capital Ltd.He is an MBA graduate from London Business School.
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, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
MFS Meridian Continental European Equity 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 price16.9
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePZ87
MFS Meridian Continental European Equity A1 GBP
Initial charge6%
Annual charge1.05%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price9.85
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePZ57
MFS Meridian Continental European Equity 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 price15.53
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePZ59
MFS Meridian Continental European Equity 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 price9.22
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVJ
MFS Meridian Continental European Equity 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 price221
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePZ58
MFS Meridian Continental European Equity 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 price10.01
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBER
MFS Meridian Continental European Equity IH1 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 price100.27
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS0G
MFS Meridian Continental European Equity 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 price9.27
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPUJ
MFS Meridian Continental European Equity W1 EUR
Initial charge-
Annual charge0.8%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.32
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBEP
MFS Meridian Continental European Equity W1 GBP
Initial charge-
Annual charge0.8%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price13.3
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMST8
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