Fact sheet: MFS Meridian Eurpn Sm Cos

Fund information
Fund name
MFS Meridian European Smaller Companies W1 EUR
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund manager
  • Peter F. Fruzzettisince 05/11/2001
Fund objective
The fund's investment objective is to seek capital appreciation, measured in euros. The fund invests primarily in European Economic Area equity securities of smaller companies.
Benchmark
  • MSCI Europe Small Mid Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-5.9%
1 Year rank in sector
-
Sector
FO Equity - Small Cap Europe
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.
1.25%
Fund size
£896m (£1,226m 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.
84
Top in this sector
Fund name1 Year
Old Mutual Eur(ExUK)SmCo26.1%
SEB 2 Estn Eur Sm Cap22.5%
Argos Argonaut15.8%
Pictet Small Cap Europe14.1%
Montanaro Europ Inc12.8%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • UK42.9%
    Others20.5%
    Germany14.9%
    Norway8.7%
    France5.8%
  • Services26.3%
    Consumer Staples14.1%
    Basic Materials12.2%
    Financial Services8.1%
    Health Care6.8%
  • UK Equities42.9%
    International Equities20.5%
    German Equities14.9%
    Norwegian Equities8.7%
    French Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-3.6%-3%-5.9%39.8%122.7%
Sector-1%-1.8%-1.5%-4.2%25.7%94.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%22.7%14.5%22.3%31.6%
Sector-3.4%23.6%3.2%29.7%22.3%
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.
4.85
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.
0.81
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.
0.79
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%.
11.19
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.
5.6
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.
0.56
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 high15.66
52 week low13.29
Current bid price-
Current offer price-
Current mid price14.78
Region
1UK42.9%
2Others20.5%
3Germany14.9%
4Norway8.7%
5France5.8%
6Ireland4.3%
7Money Market2.9%
Industry sector
1Services26.3%
2Consumer Staples14.1%
3Basic Materials12.2%
4Financial Services8.1%
5Health Care6.8%
6Leisure5.8%
7Retail5.4%
8Technology4.6%
9Industrials4.3%
Asset type
1UK Equities42.9%
2International Equities20.5%
3German Equities14.9%
4Norwegian Equities8.7%
5French Equities5.8%
6Irish Equities4.3%
7Money Market2.9%
Individual holdings
1Bunzl PLC4.24%
2Compass Group PLC3.71%
3Symrise AG3.68%
4Bakkafrost P/F3.24%
5Croda International PLC2.58%
6Amadeus IT Holding SA2.34%
7LEG Immobilien AG2.15%
8Dignity plc2.12%
9Cerved Information Solutions SpA1.93%
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. The fund invests primarily in European Economic Area equity securities of smaller companies.
Benchmark
  • MSCI Europe Small Mid Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Peter F. Fruzzetti05/11/2001Peter Fruzzetti is an Investment Officer of MFS Investment Management® (MFS®) and a Portfolio Manager of the firm's international small cap portfolios. Peter joined MFS in 2000 as an equity research analyst. He was named portfolio manager in 2004. Prior to joining MFS he was an equity analyst with Fidelity Investments from 1993 to 1999. He is a graduate of Boston College. 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, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian European Smaller Companies A1 EUR
Initial charge6%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price50.19
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC39
MFS Meridian European Smaller Companies A1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price25.58
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTO88
MFS Meridian European Smaller Companies AH1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price12.47
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOUL
MFS Meridian European Smaller Companies B1 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 price23.49
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTO89
MFS Meridian European Smaller Companies C1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price10.01
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ7X
MFS Meridian European Smaller Companies CH1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.78%
Total expense ratio (TER)2.78%
Bid price-
Offer price-
Mid price11.68
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVZ
MFS Meridian European Smaller Companies I1 EUR
Initial charge-
Annual charge0.85%
Min single investment£2,000,000
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price325.4
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTO91
MFS Meridian European Smaller Companies I1 USD
Initial charge-
Annual charge0.85%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price11.86
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBEU
MFS Meridian European Smaller Companies IH1 USD
Initial charge-
Annual charge0.85%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price109.62
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS0W
MFS Meridian European Smaller Companies N1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)2.48%
Bid price-
Offer price-
Mid price12.12
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDIY
MFS Meridian European Smaller Companies NH1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.52%
Total expense ratio (TER)2.52%
Bid price-
Offer price-
Mid price11.76
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPUR
MFS Meridian European Smaller Companies W1 EUR
Initial charge-
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price14.78
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBDM
MFS Meridian European Smaller Companies W1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price10.32
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVX
MFS Meridian European Smaller Companies WH1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price12.09
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVY
Data provided by

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