Fact sheet: MFS Meridian Eurpn Resrch

Fund information
Fund name
MFS Meridian European Research W1 GBP
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • European Equity Analysts Teamsince 12/03/1999
  • Gabrielle Gourgeysince 31/07/2008
Fund objective
The fund's investment objective is to seek capital appreciation, measured in euros.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-6.3%
1 Year rank in sector
-
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.
0.99%
Fund size
£1,856m (£1,910m 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.
98
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European22.1%
GS Eur CORE Eq Portfolio18.5%
JOHCM European Sel Val14.8%
Mirabaud Eqts PanEur SmllMid13.5%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK30.2%
    Others21.5%
    Switzerland17.8%
    France13.4%
    Germany8.3%
  • Financial Services16.3%
    Consumer Staples13.1%
    Utilities12%
    Basic Materials10%
    Health Care9.1%
  • UK Equities30.2%
    International Equities21.5%
    Swiss Equities17.8%
    French Equities13.4%
    German Equities8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%-4.8%-1%-6.3%4.7%47%
Sector2.5%-2.6%-1.3%-5.8%13.6%56.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-5.1%6.8%1.1%23%18.6%
Sector-5.2%11.1%4.2%21.1%17.6%
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.
-1.29
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.
0.82
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%.
11.22
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.
5.51
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.
-0.34
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.
0.8
Price movement
52 week high14.46
52 week low11.95
Current bid price-
Current offer price-
Current mid price13.48
Region
1UK30.2%
2Others21.5%
3Switzerland17.8%
4France13.4%
5Germany8.3%
6Netherlands6.8%
7Money Market2%
Industry sector
1Financial Services16.3%
2Consumer Staples13.1%
3Utilities12%
4Basic Materials10%
5Health Care9.1%
6Leisure7.9%
7Retail7.8%
8Energy6%
9Services4.8%
Asset type
1UK Equities30.2%
2International Equities21.5%
3Swiss Equities17.8%
4French Equities13.4%
5German Equities8.3%
6Dutch Equities6.8%
7Money Market2%
Individual holdings
1Nestle SA4.88%
2Roche Holding AG3.94%
3Novartis AG3.43%
4BP PLC2.52%
5Danone SA2.35%
6Reckitt Benckiser Group PLC2.32%
7Linde AG2.27%
8Paddy Power PLC2.2%
9L'Oreal SA2.05%
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
Growth
Investment method
Shares
Fund managers
NameSinceBiography
European Equity Analysts Team12/03/1999The portfolio is managed by a team of European equity research analysts. Our analysts are supported by an investment staff of over 160 professionals utilising MFS Original Research, a global, company - oriented, bottom - up process of selecting securities. David A. Antonelli, Senior Vice President and Director of Global Equity Research of MFS Investment Management (MFS), is responsible for the hiring, training, and industry assignments of our team of equity research analysts.
Gabrielle Gourgey31/07/2008Gabrielle 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, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian European Research A1 EUR
Initial charge6%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price30.62
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK45
MFS Meridian European Research A1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price19.21
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTP71
MFS Meridian European Research AH1 CHF
Initial charge6%
Annual charge1.05%
Min single investment£4,500
Min regular saving£4,500
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price13
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDIF
MFS Meridian European Research AH1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price11.68
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGES
MFS Meridian European Research B1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.68%
Total expense ratio (TER)2.68%
Bid price-
Offer price-
Mid price16.89
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTP72
MFS Meridian European Research C1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price9.17
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ7Y
MFS Meridian European Research CH1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.46
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVV
MFS Meridian European Research I1 EUR
Initial charge-
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price194.08
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTO76
MFS Meridian European Research 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)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price224.28
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTO75
MFS Meridian European Research 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)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price155.91
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC7U3
MFS Meridian European Research IH1 CHF
Initial charge-
Annual charge0.75%
Min single investment£2,500,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price135.06
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIDIG
MFS Meridian European Research IH1 USD
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price122.53
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGET
MFS Meridian European Research N1 EUR
Initial charge3%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price13.05
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDIH
MFS Meridian European Research N1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.44%
Total expense ratio (TER)2.44%
Bid price-
Offer price-
Mid price10.55
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDII
MFS Meridian European Research NH1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.47%
Total expense ratio (TER)2.47%
Bid price-
Offer price-
Mid price10.57
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVS
MFS Meridian European Research W1 EUR
Initial charge-
Annual charge0.8%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price12.49
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBEM
MFS Meridian European Research W1 GBP
Initial charge-
Annual charge0.8%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price13.48
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSU3
MFS Meridian European Research W1 USD
Initial charge-
Annual charge0.8%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price9.5
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVT
MFS Meridian European Research WH1 CHF
Initial charge-
Annual charge0.8%
Min single investment£4,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.11
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9FX
MFS Meridian European Research WH1 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 price10.89
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVU
MFS Meridian European Research Z1 EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price153.91
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC7U4
Data provided by

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