Fact sheet: MFS Meridian GlbRsFc

Fund information
Fund name
MFS Meridian Global Research Focused W1 USD
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Michael T Cantarasince 31/07/2011
  • Ben S.Kottlersince 31/07/2011
  • Team of Global Sector Lead Analystssince 31/07/2011
Fund objective
The fund's investment objective is to seek capital appreciation, measured in US dollars.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
0.8%
1 Year rank in sector
-
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.
0.98%
Fund size
£234m (£382m 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.
102
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

  • USA62.7%
    Japan6.6%
    Others5.2%
    UK5.2%
    Switzerland4.9%
  • Financial Services20.3%
    Capital Goods16.9%
    Technology16.2%
    Health Care11.1%
    Cyclical Consumer Goods10.8%
  • US Equities62.7%
    Japanese Equities6.6%
    International Equities5.2%
    UK Equities5.2%
    Swiss Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%-4%0.5%0.8%7.3%44.5%
Sector2.2%-0.7%4%4%15.1%51.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.1%-1.2%1.8%23.5%15.8%
Sector4.8%0.7%6%21.3%12.7%
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.
-2.54
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.
1.07
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%.
10.79
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.
3.83
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.
-0.61
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.
0.88
Price movement
52 week high17.25
52 week low14.08
Current bid price-
Current offer price-
Current mid price16.47
Region
1USA62.7%
2Japan6.6%
3Others5.22%
4UK5.2%
5Switzerland4.9%
6France4.7%
7Germany2.6%
8Taiwan2.2%
9Netherlands1.8%
Industry sector
1Financial Services20.32%
2Capital Goods16.9%
3Technology16.2%
4Health Care11.1%
5Cyclical Consumer Goods10.8%
6Energy9.9%
7Consumer Staples8.3%
8Telecommunications5.4%
9Cash & Cash Equivalents1.08%
Asset type
1US Equities62.7%
2Japanese Equities6.6%
3International Equities5.22%
4UK Equities5.2%
5Swiss Equities4.9%
6French Equities4.7%
7German Equities2.6%
8Taiwanese Equities2.2%
9Dutch Equities1.8%
Individual holdings
1KDDI Corp4.64%
2Alphabet Inc Class A3.88%
3Medtronic PLC3.41%
4Newell Rubbermaid Inc3%
5BP PLC2.9%
6Mondelez International Inc2.8%
7Honeywell International Inc2.77%
8Hewlett Packard Enterprise Co2.71%
9EOG Resources Inc2.62%
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 AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Michael T Cantara31/07/2011Michael T. Cantara, CFA, is an Investment Officer at MFS Investment Management® (MFS®) and an institutional portfolio manager of the firm's global equity portfolios. In this capacity, he participates in research process and strategy discussions, customizes portfolios to client objectives and guidelines, and communicates the portfolios' investment policy, strategy, and tactics. Michael joined MFS in 2000 as an Investment Specialist. He was named Global Equity Associate Portfolio Manager in 2004. Prior to joining the firm, he spent more than nine years at Fidelity Management Trust Company as an international portfolio analyst, a director of stable value investments, and product manager for the firm's stable value investments. He earned a Master's degree from the Fletcher School of Law and Diplomacy at Tufts University and a bachelor's degree from Colby College. He is a member of the CFA Institute (formerly the Association for Investment Management and Research) and the Boston Security Analysts Society, Inc. 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.
Ben S.Kottler31/07/2011Ben 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.
Team of Global Sector Lead Analysts31/07/2011
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, 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 Global Research Focused A1 EUR
Initial charge6%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price17.75
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTM99
MFS Meridian Global Research Focused 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 price25.94
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYD68
MFS Meridian Global Research Focused B1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.72%
Bid price-
Offer price-
Mid price22.71
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYD69
MFS Meridian Global Research Focused C1 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 price22.44
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYD70
MFS Meridian Global Research Focused 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)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price208.84
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08W3
MFS Meridian Global Research Focused 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)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price200.01
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08W4
MFS Meridian Global Research Focused I1 JPY
Initial charge-
Annual charge0.75%
Min single investment£300,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price11066
CurrencyJPY
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAOM
MFS Meridian Global Research Focused 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)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price181.63
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeYD71
MFS Meridian Global Research Focused IH1 JPY
Initial charge-
Annual charge0.75%
Min single investment£300,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price10010
CurrencyJPY
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAON
MFS Meridian Global Research Focused 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 price9.72
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPVH
MFS Meridian Global Research Focused W1 USD
Initial charge-
Annual charge0.8%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price16.47
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIBJ1
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