Fact sheet: Pru MFS Meridian Gbl Eq Pn

Fund information
Fund name
Pru MFS Meridian Global Equity Pn S3
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Roger Morleysince 30/09/2009
  • David R. Mannheimsince 07/07/2009
Underlying fund
MFS Meridian Global Equity
Fund objective
The investment strategy of the fund is to purchase units in the MFS Meridian Global Equity Fund. That fund's investment objective is to seek capital appreciation, measured in US dollars.The fund is a core global stock fund focused on larger cap companies and employs a "growth at a reasonable price" strategy. The fund focuses on larger-cap companies with growth characteristics whose stocks are selling at reasonable levels.
Benchmark
  • MSCI World Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
28.3%
1 Year rank in sector
77/961
Sector
PN Global Equities
Yield
-
Fund size
£1m (£0m 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.
99
Offer price
241.9
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA55.7%
    Others11.5%
    UK8.8%
    Switzerland8.4%
    France7.8%
  • Health Care18.4%
    Consumer Staples18.2%
    Financial Services13.7%
    Leisure9.5%
    Industrials8.2%
  • US Equities55.7%
    International Equities11.5%
    UK Equities8.8%
    Swiss Equities8.4%
    French Equities7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%5.6%16.6%28.3%50.5%118.9%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector807 / 1039226 / 1035403 / 102577 / 96187 / 84918 / 751
Quartile4th1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund27.3%2.2%13.3%23.2%19.9%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector75 / 963691 / 92186 / 849348 / 82017 / 752
Quartile1st4th1st2nd1st
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.
5.06
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.
0.84
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.
0.92
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%.
10.94
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.
7.13
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.
0.46
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.
0.6
Price movement
52 week high249.6
52 week low178.3
Current bid price-
Current offer price241.9
Current mid price-
Region
1USA55.7%
2Others11.5%
3UK8.8%
4Switzerland8.4%
5France7.8%
6Germany6.4%
7Money Market1.4%
Industry sector
1Health Care18.4%
2Consumer Staples18.2%
3Financial Services13.7%
4Leisure9.5%
5Industrials8.2%
6Basic Materials6.5%
7Technology6.1%
8Services5.8%
9Retail5.5%
Asset type
1US Equities55.7%
2International Equities11.5%
3UK Equities8.8%
4Swiss Equities8.4%
5French Equities7.8%
6German Equities6.4%
7Money Market1.4%
Individual holdings
1Thermo Fisher Scientific Inc2.76%
2Time Warner Inc2.57%
3Nestle SA2.48%
4Bayer AG2.43%
5Honeywell International Inc2.39%
6Accenture PLC2.3%
7Visa Inc2.21%
8Reckitt Benckiser Group PLC2.2%
9Walt Disney Co2.06%
Management
Fund manager group
Prudential
Fund manager company
Prudential Pensions Ltd
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the MFS Meridian Global Equity Fund. That fund's investment objective is to seek capital appreciation, measured in US dollars.The fund is a core global stock fund focused on larger cap companies and employs a "growth at a reasonable price" strategy. The fund focuses on larger-cap companies with growth characteristics whose stocks are selling at reasonable levels.
Benchmark
  • MSCI World Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Roger Morley30/09/2009Roger 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.
David R. Mannheim07/07/2009David 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru MFS Meridian Global Equity Pn S3
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price241.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ5F7
Pru MFS Meridian Global Equity Pn S3 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price231.08
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeM8NI
Data provided by

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