Fact sheet: MFS Meridian Prudent Wealth

Fund information
Fund name
MFS Meridian Prudent Wealth W1 GBP
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • Barnaby Wienersince 04/03/2008
Fund objective
The fund's investment objective is to seek capital appreciation, measured in US dollars.
Benchmark
  • MSCI World
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
24.8%
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.
1.34%
Fund size
£3,163m (£1,982m 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.
48
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JOHCM Gbl Opps35.3%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • Money Market24%
    USA22.8%
    Japan12.1%
    UK11%
    Germany9.9%
  • Cash & Cash Equivalents24%
    Consumer Staples16.4%
    Government Bonds14.4%
    Financial Services12.9%
    Technology8.8%
  • Money Market24%
    US Equities22.8%
    Japanese Equities12.1%
    UK Equities11%
    German Equities9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%7.6%13.3%24.8%34.9%67.4%
Sector0.6%6.2%7.8%9.3%18.6%63.5%
Rank within sector105 / 494231 / 48984 / 484---
Quartile1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund18.9%8.8%1.9%15.2%10.2%
Sector5.6%0.7%6%21.3%12.7%
Rank within sector43 / 478----
Quartile1st
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.
9.97
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.
0.17
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.
1.03
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%.
7.36
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.
10.96
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.
0.32
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.
0.05
Price movement
52 week high12.17
52 week low9.85
Current bid price-
Current offer price-
Current mid price12.08
Region
1Money Market23.96%
2USA22.8%
3Japan12.1%
4UK11%
5Germany9.9%
6International8.54%
7France4.2%
8Switzerland3.7%
9Netherlands1.4%
Industry sector
1Cash & Cash Equivalents23.96%
2Consumer Staples16.4%
3Government Bonds14.4%
4Financial Services12.9%
5Technology8.8%
6Others6.64%
7Leisure4.4%
8Retail4.3%
9Industrials3.8%
Asset type
1Money Market23.96%
2US Equities22.8%
3Japanese Equities12.1%
4UK Equities11%
5German Equities9.9%
6International Equities8.54%
7French Equities4.2%
8Swiss Equities3.7%
9Dutch Equities1.4%
Individual holdings
1Costco Wholesale Corp2.91%
2Nestle SA2.79%
3LEG Immobilien AG2.66%
4Danone SA2.54%
5Colgate-Palmolive Co2.36%
6Procter & Gamble Co2.04%
7Deutsche Wohnen AG1.95%
8Henkel AG & Co KGaA1.77%
9US Treasury Note 0.875% NOV 30 161.63%
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
Value
Investment method
Shares
Fund managers
NameSinceBiography
Barnaby Wiener04/03/2008Barnaby Wiener is an investment officer and international equity value portfolio manager at MFS Investment Management (MFS). Barnaby is part of the portfolio management teams for the MFS International Value, MFS Global Value, and MFS Global Total Return strategies. In his role as portfolio manager, Barnaby is responsible for final buy and sell decisions, portfolio construction, and risk and cash management. Additionally, he participates in the research process and strategy discussions within the larger MFS value equity team, and also serves on MFS Global Equity Management Committee. Barnaby is based in MFS' London office. Barnaby joined MFS in 1998 as a member of the MFS European Research Equity investment team. He served as an equity analyst responsible for identifying and evaluating companies across several sectors. In this role, Barnaby worked closely with the entire MFS equity portfolio management team to ensure that ideas were properly evaluated and considered within each strategy. Barnaby took on Portfolio Management responsibilities in 2003. Barnaby began his investment career in 1994 at Credit Lyonnais where is spent two years as an Equity Research Analyst. He then spent two years as Vice President & Equity Analyst at Merrill Lynch. Prior to joining Credit Lyonnais, Barnaby served five years in the British Army reaching the rank of Captain. He received his master's degree from Oxford University and completed graduate course work at Royal Military College, Sandhurst. 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, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
MFS Meridian Prudent Wealth A1 EUR
Initial charge6%
Annual charge1.15%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price17.05
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSV3
MFS Meridian Prudent Wealth A1 USD
Initial charge6%
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price15.35
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7R6
MFS Meridian Prudent Wealth AH1 EUR
Initial charge6%
Annual charge1.15%
Min single investment£4,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price12.18
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDIE
MFS Meridian Prudent Wealth 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 price14.29
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7R9
MFS Meridian Prudent Wealth C1 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 price14.28
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7S2
MFS Meridian Prudent Wealth 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)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price180.3
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSV5
MFS Meridian Prudent Wealth 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 price182.85
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMSV6
MFS Meridian Prudent Wealth 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)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price164.05
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC7S4
MFS Meridian Prudent Wealth IH1 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 price126.31
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIDIC
MFS Meridian Prudent Wealth N1 USD
Initial charge3%
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.53%
Bid price-
Offer price-
Mid price12.09
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDID
MFS Meridian Prudent Wealth W1 GBP
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price12.08
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4DY
MFS Meridian Prudent Wealth W1 USD
Initial charge-
Annual charge1.15%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price14.46
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSV8
MFS Meridian Prudent Wealth WH1 EUR
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price10.3
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4DX
MFS Meridian Prudent Wealth WH1 GBP
Initial charge-
Annual charge1.15%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price15.14
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSV7
Data provided by

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