Fact sheet: MFS Meridian Divfd Inc

Fund information
Fund name
MFS Meridian Diversified Income W2 GBP
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Matthew W Ryansince 30/10/2014
  • James T. Swansonsince 30/10/2014
  • David P Colesince 30/10/2014
  • Richard R. Gablesince 30/10/2014
  • Jonathan W. Sagesince 30/10/2014
  • William J Adamssince 30/10/2014
  • Ward Brownsince 30/10/2014
Fund objective
The fund's investment objective is to seek total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars
Benchmark
  • S&P 500
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
12%
1 Year rank in sector
22/150
Sector
FO Mixed Asset - Flexible
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.
1.05%
Fund size
£148m (£193m last year)
Top in this sector
Fund name1 Year
Investec EmrgMktsMA29.9%
HSBC Pfl World Seltn 426.8%
Northstar Mgd Stg25.6%
Smith & Williamson Mid-OceanWdInv23.3%
Baring Dynamic Emg Mkts21.9%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • No data available.
  • High Yield Bond25.9%
    Equities18.2%
    Debt15.6%
    Property Shares13.8%
    Asset/Mortgage-Backed Securities10%
  • Global Fixed Interest63%
    International Equities32%
    Cash & Cash Equivalents4.1%
    Others0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%3.2%8.3%12%--
Sector0.3%3.5%4.3%4.7%10.9%27.8%
Rank within sector55 / 16599 / 16632 / 15922 / 150--
Quartile2nd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.2%-1.7%---
Sector3.2%-0.1%5%6.8%6.9%
Rank within sector21 / 15590 / 129---
Quartile1st3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.6
52 week low9.25
Current bid price-
Current offer price-
Current mid price10.56
Region
No data available.
Industry sector
1High Yield Bond25.9%
2Equities18.2%
3Debt15.6%
4Property Shares13.8%
5Asset/Mortgage-Backed Securities10%
6Government Bonds9.4%
7Cash & Cash Equivalents4.1%
8Investment Grade Corporate Bonds1.1%
9Government Agency Bonds1%
Asset type
1Global Fixed Interest63.04%
2International Equities32.03%
3Cash & Cash Equivalents4.07%
4Others0.86%
Individual holdings
1United States Treasury Note/Bond 2.500 AUG 15 232.18%
2Simon Property Group Inc REIT1.88%
3United States Treasury Note/Bond 0.875 DEC 31 161.49%
4United States Treasury Note 2.625 AUG 15 201.26%
5United States Treasury Note 2.875 MAY 15 431.23%
6Public Storage REIT1%
7Ginnie Mae II 3.5% DEC 20 450.88%
8US Treasury Note 1.625% JUN 30 190.86%
9US Treasury Note 2.5% MAY 15 240.86%
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 total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars
Benchmark
  • S&P 500
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Matthew W Ryan30/10/2014Matthew W. Ryan, CFA, is an investment officer of MFS Investment Management (MFS) and portfolio manager of the firm's emerging market debt, strategic income, and high-yield bond portfolios. He is also a manager of the MFS Diversified Income Fund. Before joining the firm in 1997, Matt worked for four years as an economist at the International Monetary Fund and for five years as an international economist with the U.S. Department of the Treasury. He was named a portfolio manager of MFS in 1998. He is a graduate of Williams College and earned a master's degree in international economics and foreign policy from Johns Hopkins University. Matt also holds the Chartered Financial Analyst (CFA) designation. 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.
James T. Swanson30/10/2014
David P Cole30/10/2014Cole is a vice president of MFS. He has worked in the investment management area of MFS since 2004. Prior to that, he is a high yield analyst at Franklin Templeton Investments from 1999 to 2004. Cole holds the Chartered Financial Analyst designation.
Richard R. Gable30/10/2014
Jonathan W. Sage30/10/2014Mr. Jonathan W. Sage, CFA serves as Portfolio Manager and Investment Officer at Massachusetts Financial Services Company since 2005 and also serves as its . Mr. Sage manages blended research equity strategies utilized by the firm's mutual funds and institutional accounts. He is also responsible for final buy and sell decisions, portfolio construction, and risk and cash management. Mr. Sage participates in the research process and strategy discussions at the Massachusetts Financial Services Company. He joined the firm in 2000. He served as Quantitative Equity Research Analyst at the firm since 2000. Prior to this, he spent two years as a Supervisor of Portfolio Administration at Santander Global Advisors, Inc. Mr. Sage was also a Senior Mutual Fund Accountant at First Data Investor Services Group for three years. He is a member of the CFA Institute and The Boston Security Analysts Society. Mr. Sage holds the Chartered Financial Analyst designation. He earned a Masters of Business Administration and a Masters of Finance from Boston College and a B.A. in Social Psychology from Tufts University in 1995.
William J Adams30/10/2014William J. Adams, CFA, is an investment officer and Director of Fixed Income at MFS Investment Management® (MFS®). Bill's responsibilities include managing MFS' team of fixed income research analysts as well as serving on the portfolio management team of several of the firm's fixed income strategies. Bill joined MFS as a corporate credit analyst in 1997 and was named portfolio manager in 2000. He left MFS in 2005 and later re-joined the firm in 2009 as Director of High Yield Research. The following year, he was appointed Director of Credit Research. He was named high yield portfolio manager in May 2011. In 2011, he was appointed Director of Fixed Income along with Joshua Marston. During his tenure at MFS, Bill's coverage responsibilities have varied across a number of sectors, including industrials, media, cable, telecommunication, retail, and consumer products. As a portfolio manager, his portfolios have invested across a variety of both investment grade and high yield corporate bond securities. Prior to joining MFS, Bill was a credit/securities analyst at Conseco Capital Management from 1994 to 1997, where his responsibilities included investment grade and high yield credit, as well as equity coverage. From 1991 to 1994, he served as a lending officer at Mellon Bank. Bill received a Bachelor of Arts degree in 1988 from LaSalle University. In 1990, he was awarded a Master of Arts degree from Indiana University where he also received an MBA in 1991. He has earned the chartered financial analyst (CFA) designation from the CFA Institute and is a member of the Boston Security Analysts Society. 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.
Ward Brown30/10/2014Ward Brown is an Investment Officer and portfolio manager at MFS Investment Management (MFS). He is a member of the Emerging Markets Debt team, and his management duties include MFS Emerging Markets Debt Fund and institutional accounts in additional to macroeconomic research and individual credit analysis. Ward joined MFS in 2005 as a fixed income research analyst and was named portfolio manager in 2008. Prior to joining MFS, he served as an economist for the International Monetary Fund for seven years. Ward spent four years as a research and teaching assistant for the Financial Markets Group at London School of Economics and Political Science and later served as a lecturer at the school in the Economics Department. Ward earned his bachelors degree from McGill University and holds masters and doctoral degrees in economics from the London School of Economics and Political Science. Our portfolio managers are supported by our entire team of investment professionals in six worldwide offices, who apply a proprietary investment process that is research driven, globally integrated, and disciplined.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian Diversified Income A1 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.7
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOTX
MFS Meridian Diversified Income A2 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.26
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOTY
MFS Meridian Diversified Income A3 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.13
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSG
MFS Meridian Diversified Income AH1 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.63
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOTZ
MFS Meridian Diversified Income AH2 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.12
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOUA
MFS Meridian Diversified Income AH3 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price9.96
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSH
MFS Meridian Diversified Income C1 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.49
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOUB
MFS Meridian Diversified Income C2 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.23
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOUC
MFS Meridian Diversified Income C3 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.02
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSI
MFS Meridian Diversified Income I1 USD
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price108.41
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOUI
MFS Meridian Diversified Income I2 GBP
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price126.28
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOUJ
MFS Meridian Diversified Income IH1 EUR
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price107.14
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOUK
MFS Meridian Diversified Income IH1 GBP
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price105.95
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS0P
MFS Meridian Diversified Income N1 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price10.59
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOUD
MFS Meridian Diversified Income N2 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price10.24
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOUE
MFS Meridian Diversified Income N3 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price10.09
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSJ
MFS Meridian Diversified Income W1 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.62
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4AJ
MFS Meridian Diversified Income W1 GBP
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.86
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVK
MFS Meridian Diversified Income W1 USD
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.81
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOUF
MFS Meridian Diversified Income W2 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.34
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4AK
MFS Meridian Diversified Income W2 GBP
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.56
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOUH
MFS Meridian Diversified Income W2 USD
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.26
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFOUG
MFS Meridian Diversified Income W3 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.26
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4AL
MFS Meridian Diversified Income W3 USD
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.17
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSK
MFS Meridian Diversified Income WH1 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.87
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4AG
MFS Meridian Diversified Income WH2 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.59
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4AH
MFS Meridian Diversified Income WH3 EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.5
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4AI
MFS Meridian Diversified Income WH3 GBP
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.44
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXSL
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.