Fact sheet: MFS Meridian US Eq Inc

Fund information
Fund name
MFS Meridian US Equity Income W1 USD
Fund manager company
MFS Meridian Funds
Fund type
Offshore Fund
Fund managers
  • R. Dino Davissince 22/09/2015
  • John E. Stockssince 22/09/2015
  • Jeff McGrewsince 22/09/2015
  • Matthew Krummellsince 22/09/2015
  • Jonathan W. Sagesince 22/09/2015
  • James C. Fallonsince 22/09/2015
Fund objective
The fund's investment objective is to seek total return through a combination of current income and capital appreciation, measured in US dollars.
Benchmark
  • S&P 500
Investment style
None
Investment method
Shares
Quick stats
1 Year return
11.2%
1 Year rank in sector
71/207
Sector
FO Equity - USA
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.
0.95%
Fund size
£5m (£2m last year)
Top in this sector
Fund name1 Year
T. Rowe Price USLgeCapValEq37.4%
Dodge & Cox US Stk34.3%
Vanguard USEqIndxComnCntr33.9%
Hermes US SMID Equity33.8%
Pictet USA Index33.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%4.7%6.5%11.2%--
Sector-0.5%4.3%5.9%6.5%22.5%84.4%
Rank within sector39 / 22091 / 21796 / 21271 / 207--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.5%----
Sector4.9%-1.6%10.7%31.8%10.2%
Rank within sector60 / 210----
Quartile2nd
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 high11.03
52 week low9.04
Current bid price-
Current offer price-
Current mid price10.93
Region
1USA100%
Industry sector
1Financial Services19.2%
2Technology12.3%
3Utilities12%
4Health Care11.7%
5Consumer Staples10.4%
6Retail8.3%
7Leisure5.9%
8Automobiles5.1%
9Basic Materials4.4%
Asset type
1US Equities100%
Individual holdings
No data available.
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 total return through a combination of current income and capital appreciation, measured in US dollars.
Benchmark
  • S&P 500
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
R. Dino Davis22/09/2015
John E. Stocks22/09/2015
Jeff McGrew22/09/2015
Matthew Krummell22/09/2015
Jonathan W. Sage22/09/2015Mr. Jonathan W. Sage, CFA serves as Portfolio Manager and Investment Officer at Massachusetts Financial Services Company since 2005 and also serves as its . Mr. Sage manages blended research equity strategies utilized by the firm's mutual funds and institutional accounts. He is also responsible for final buy and sell decisions, portfolio construction, and risk and cash management. Mr. Sage participates in the research process and strategy discussions at the Massachusetts Financial Services Company. He joined the firm in 2000. He served as Quantitative Equity Research Analyst at the firm since 2000. Prior to this, he spent two years as a Supervisor of Portfolio Administration at Santander Global Advisors, Inc. Mr. Sage was also a Senior Mutual Fund Accountant at First Data Investor Services Group for three years. He is a member of the CFA Institute and The Boston Security Analysts Society. Mr. Sage holds the Chartered Financial Analyst designation. He earned a Masters of Business Administration and a Masters of Finance from Boston College and a B.A. in Social Psychology from Tufts University in 1995.
James C. Fallon22/09/2015
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
MFS Meridian US Equity Income A1 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price10.83
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXOP
MFS Meridian US Equity Income A2 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.75
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXOR
MFS Meridian US Equity Income A3 USD
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.6
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPJ
MFS Meridian US Equity Income AH1 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.7
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXOQ
MFS Meridian US Equity Income AH2 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.62
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXOT
MFS Meridian US Equity Income AH3 EUR
Initial charge6%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price10.48
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPK
MFS Meridian US Equity Income C1 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.74
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXOU
MFS Meridian US Equity Income C2 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.73
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXOV
MFS Meridian US Equity Income C3 USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.65%
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price10.52
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPL
MFS Meridian US Equity Income I1 EUR
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price109.11
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXPE
MFS Meridian US Equity Income I1 USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price109.43
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXPD
MFS Meridian US Equity Income IH1 EUR
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price107.93
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXPF
MFS Meridian US Equity Income IH1 GBP
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price108.78
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXPH
MFS Meridian US Equity Income N1 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price10.77
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXOW
MFS Meridian US Equity Income N2 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price10.73
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXOX
MFS Meridian US Equity Income N3 USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price10.55
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPN
MFS Meridian US Equity Income W1 USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.93
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXOY
MFS Meridian US Equity Income W2 USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.78
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXOZ
MFS Meridian US Equity Income W3 USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.7
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPO
MFS Meridian US Equity Income WH1 EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price10.48
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4UP
MFS Meridian US Equity Income WH1 GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.87
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXPA
MFS Meridian US Equity Income WH2 EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price10.36
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4UQ
MFS Meridian US Equity Income WH2 GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.7
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPB
MFS Meridian US Equity Income WH3 EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price10.31
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE4UR
MFS Meridian US Equity Income WH3 GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.63
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXPQ
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.