Fact sheet: MFS Meridian Managed Wealth

Fund information
Fund name
MFS Meridian Managed Wealth W1 USD
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
A global long/short equity fund that seeks to grow capital through a strategic global equity allocation, moderate volatility by adjusting equity market exposure and manage against extreme market events
Benchmark
  • BofA Merrill Lynch 0-3 Month U.S. Treasury Bill Index
Investment style
Total Return
Investment method
Shares
Quick stats
1 Year return
1.3%
1 Year rank in sector
357/474
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.
1%
Fund size
£57m (£10m last year)
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA56%
    Others13%
    Money Market9.1%
    Japan8.9%
    UK4.8%
  • Others65.3%
    Equities25.6%
    Cash & Cash Equivalents9.1%
  • US Equities56%
    International Equities13%
    Money Market9.1%
    Japanese Equities8.9%
    UK Equities4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%1.4%2.3%1.3%--
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector326 / 500218 / 497309 / 487357 / 474--
Quartile3rd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund1.7%----
Sector6.8%0.7%6%21.3%12.7%
Rank within sector360 / 475----
Quartile4th
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 high10.11
52 week low9.37
Current bid price-
Current offer price-
Current mid price10.11
Region
1USA56%
2Others12.99%
3Money Market9.11%
4Japan8.9%
5UK4.8%
6Canada4.2%
7Korea4%
Industry sector
1Others65.29%
2Equities25.6%
3Cash & Cash Equivalents9.11%
Asset type
1US Equities56%
2International Equities12.99%
3Money Market9.11%
4Japanese Equities8.9%
5UK Equities4.8%
6Canadian Equities4.2%
7South Korean Equities4%
Individual holdings
1Amazon.com Inc1.85%
2Alphabet Inc Class A1.82%
3JPMorgan Chase & Co1.82%
4Taiwan Semiconductor Manufacturing Co Ltd ADR1.8%
5SAMSUNG ELECTRONICS CO LTD COMMON STOCK1.74%
6Merck & Co Inc1.51%
7Altria Group Inc1.49%
8Northrop Grumman Corp1.42%
9BNP Paribas SA1.38%
Management
Fund manager group
MFS
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund objective
A global long/short equity fund that seeks to grow capital through a strategic global equity allocation, moderate volatility by adjusting equity market exposure and manage against extreme market events
Benchmark
  • BofA Merrill Lynch 0-3 Month U.S. Treasury Bill Index
Investment style
Total Return
Investment method
Shares
Fund manager
No data available.
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, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
MFS Meridian Managed Wealth A1 USD
Initial charge6%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price9.99
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRE
MFS Meridian Managed Wealth AH1 EUR
Initial charge6%
Annual charge1.05%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price9.84
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRF
MFS Meridian Managed Wealth C1 USD
Initial charge-
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price9.89
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRG
MFS Meridian Managed Wealth 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)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price105.15
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXRL
MFS Meridian Managed Wealth 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)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price123.79
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXRM
MFS Meridian Managed Wealth 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)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price101.23
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXRK
MFS Meridian Managed Wealth IH1 EUR
Initial charge-
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£2,000,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price99.85
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXRN
MFS Meridian Managed Wealth IH1 GBP
Initial charge-
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£1,500,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price100.81
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXRO
MFS Meridian Managed Wealth N1 USD
Initial charge3%
Annual charge1.05%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.55%
Bid price-
Offer price-
Mid price9.92
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRH
MFS Meridian Managed Wealth W1 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 price10.11
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRI
MFS Meridian Managed Wealth WH1 EUR
Initial charge-
Annual charge0.8%
Min single investment£4,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4UL
MFS Meridian Managed Wealth WH1 GBP
Initial charge-
Annual charge0.8%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.07
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXRJ
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