Fact sheet: MFS Meridian Gbl Concentrd

Fund information
Fund name
MFS Meridian Global Concentrated A1 USD
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • David R. Mannheimsince 02/01/2012
  • Sanjay Natarajansince 01/02/2012
  • Ben S.Kottlersince 01/02/2012
  • Victoria Higleysince 31/05/2014
  • Roger Morleysince 01/01/2012
Fund objective
The fund's investment objective is to seek capital appreciation, measured in US dollars.
Benchmark
  • MSCI World
Investment style
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
-0.4%
1 Year rank in sector
329/471
Sector
FO Equity - International
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.
2.04%
Fund size
£960m (£737m 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.
85
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq41.2%
Schroder ISF Gbl Rec34.3%
Dodge & Cox Gbl Stk31.1%
Morg Stnly Global Discovery28.8%
Vanguard Gbl Small-Cap Idx28.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA59.4%
    France10.3%
    Others8.7%
    UK7.3%
    Germany6.6%
  • Health Care21.8%
    Consumer Staples17.8%
    Financial Services10.4%
    Leisure9.4%
    Transport8.5%
  • US Equities59.4%
    French Equities10.3%
    International Equities8.7%
    UK Equities7.3%
    German Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-5.9%-2%-0.4%13.2%65.8%
Sector2.2%-0.7%4%4%15.1%51.4%
Rank within sector427 / 500465 / 496424 / 486329 / 471203 / 384104 / 287
Quartile4th4th4th3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.4%-2%6.4%27.5%23.1%
Sector4.8%0.7%6%21.3%12.7%
Rank within sector262 / 475310 / 427189 / 38785 / 3389 / 289
Quartile3rd3rd2nd2nd1st
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.
-0.97
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.
1.11
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.
0.03
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%.
11.97
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.
5.83
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.
-0.12
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.
0.77
Price movement
52 week high39.34
52 week low32.9
Current bid price-
Current offer price-
Current mid price36.85
Region
1USA59.4%
2France10.3%
3Others8.7%
4UK7.3%
5Germany6.6%
6Switzerland6.4%
7Money Market1.3%
Industry sector
1Health Care21.8%
2Consumer Staples17.8%
3Financial Services10.4%
4Leisure9.4%
5Transport8.5%
6Basic Materials8.4%
7Industrials7.6%
8Retail6.6%
9Services5.2%
Asset type
1US Equities59.4%
2French Equities10.3%
3International Equities8.7%
4UK Equities7.3%
5German Equities6.6%
6Swiss Equities6.4%
7Money Market1.3%
Individual holdings
1Visa Inc5.56%
2Thermo Fisher Scientific Inc5.42%
3Accenture PLC5.21%
4Time Warner Inc5.12%
5Medtronic PLC5.03%
6Honeywell International Inc4.98%
7State Street Corp4.88%
8Zimmer Holdings Inc4.63%
9United Parcel Service Inc4.35%
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 US dollars.
Benchmark
  • MSCI World
Investment style
Concentrated,Value
Investment method
Shares
Fund managers
NameSinceBiography
David R. Mannheim02/01/2012David R. Mannheim Senior Vice President Director of Core Equity Portfolio Management and Portfolio Manager of Global Equity Mr. Mannheim joined MFS in 1988 as an Equity Research Analyst following non-U.S. securities. Promoted to Portfolio Manager in 1992.
Sanjay Natarajan01/02/2012Sanjay Natarajan is an Investment Officer and Institutional Portfolio Manager at MFS Investment Management (MFS). His responsibilities include communicating investment policy, strategy, and positioning and participating in the research process and strategy discussions. His role also includes assessing portfolio risk, customizing portfolios to client objectives and guidelines, and managing daily cash flows. In addition, he manages regional equity portfolios focused on Hong Kong and China. Natarajan joined MFS in 2007. Prior to joining MFS, he worked for DBS Bank Ltd. (Asia), having held various roles, including serving as COO of Global Corporate and Investment Banking. He also spent more than four years at McKinsey & Co., Inc., in both the United States and Asia. Previous experience also includes k1 Ventures and the Economic Development Board of the Singapore Government. He began his career in 1996. Natarajan holds a Bachelors degree from Dartmouth College and earned a Masters degree from Harvard University.
Ben S.Kottler01/02/2012Ben Kottler, CFA, is an investment officer and an institutional equity portfolio manager of MFS Investment Management (MFS). He manages Global and European institutional portfolio strategies. As an institutional portfolio manager, he participates in the research process and strategy discussions. Additionally, Ben assesses portfolio risk, customizes each portfolio to align with client investment objectives and guidelines, and manages daily cash flow. He also assumes leadership in the communication of investment policy, strategy, and portfolio positioning. Ben also serves on the MFS Responsible Investment Committee. He is based in MFS' London office. Ben joined MFS in 2005 as an institutional investment specialist. In 2006, he was named institutional portfolio manager. Prior to working at MFS, Ben served four years as a senior international portfolio manager for State Street Global Advisors of Boston. Previous to that, he held positions as a European portfolio manager and analyst for Brown Brothers Harriman, New York, and served for seven years as a UK portfolio manager and analyst for NatWest Investment Management in London. Ben earned his bachelor's degree from the University of Durham. He has earned the right to use the Chartered Financial Analyst (CFA) designation. He is affiliated with the CFA Institute and the CFA Society of the UK. 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.
Victoria Higley31/05/2014Victoria Higley, ASIP, is an investment officer and institutional equity portfolio manager at MFS Investment Management (MFS). As an institutional portfolio manager, she participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows. She is also responsible for communicating investment policy, strategy, and positioning. Victoria joined MFS in 2011. Previously, she spent three years at Fidelity International as a U.K. institutional client director and 14 years at UBS Asset Management (formerly Phillips & Drew) as a UK institutional client director, pan-European equity analyst, and UK portfolio manager. She began her career in the financial services industry in 1994. Victoria holds a bachelor's degree from Durham University. She is a regular member of the CFA Institute and the CFA Society of the UK. 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.
Roger Morley01/01/2012Roger M. Morley is an investment officer and a global equity portfolio manager of MFS Investment Management (MFS). He is a member of the European Growth Equity portfolio management team and co-manager of the firm's Global Concentrated Equity strategy. As an equity portfolio manager, Roger is responsible for the final buy and sell decisions, portfolio construction, and risk and cash management. Additionally, he participates in the research process and strategy discussions. Roger is based in MFS London office. Roger joined MFS as a research analyst in 2002. Prior to joining MFS, he worked in London for Deutsche Bank AG (formerly Bankers Trust Company and Alex. Brown & Sons), first as a financial analyst in the technology and media group and then as an associate in the health care group of the Global Investment Banking department. He is a graduate of Saint Catharine's College, University of Cambridge, where he earned an MA in history. Roger also earned a Master of Business Administration, graduating with distinction, from INSEAD in Fontainebleau, France. 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, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
MFS Meridian Global Concentrated A1 EUR
Initial charge6%
Annual charge1.15%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price21.95
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTN91
MFS Meridian Global Concentrated A1 USD
Initial charge6%
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price36.85
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM771
MFS Meridian Global Concentrated B1 USD
Initial charge-
Annual charge1.15%
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 price32.13
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM772
MFS Meridian Global Concentrated C1 USD
Initial charge-
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.79%
Total expense ratio (TER)2.79%
Bid price-
Offer price-
Mid price31.76
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM773
MFS Meridian Global Concentrated I1 EUR
Initial charge-
Annual charge0.95%
Min single investment£2,000,000
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price247.49
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTN89
MFS Meridian Global Concentrated I1 GBP
Initial charge-
Annual charge0.95%
Min single investment£1,500,000
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price244.5
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08W1
MFS Meridian Global Concentrated I1 USD
Initial charge-
Annual charge0.95%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price221.05
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM774
MFS Meridian Global Concentrated N1 USD
Initial charge3%
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.54%
Total expense ratio (TER)2.54%
Bid price-
Offer price-
Mid price12.58
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDHS
MFS Meridian Global Concentrated W1 GBP
Initial charge-
Annual charge1.15%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price11.93
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4AR
MFS Meridian Global Concentrated W1 USD
Initial charge-
Annual charge1.15%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price10.08
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4AP
MFS Meridian Global Concentrated WH1 EUR
Initial charge-
Annual charge1.15%
Min single investment£4,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price9.96
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4AQ
MFS Meridian Global Concentrated WH1 GBP
Initial charge-
Annual charge1.15%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price15.74
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF23A
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.