Fact sheet: MFS Meridian Absolute Rtn

Fund information

Fund name
MFS Meridian Absolute Return W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
Benjamin R. Nastou
since 01/08/2011
Natalie I. Shapiro
since 01/08/2011
Alexander M Mackey
since 01/01/2017
Fund objective
The fund's investment objective is to seek total return, measured in U.S. dollars. A flexible approach that aims to deliver positive returns, regardless of market conditions, over a full market cycle. By investing across and within multiple asset classes, absolute return investing may offer a lower correlated alternative to traditional fixed income or equity investing Offers the potential to capitalize on long-term trends and short-term relative value opportunities in a dynamic global economic environment.
Benchmark
BofA Merrill Lynch 0-3 Month U.S. Treasury Bill Index
Investment style
Absolute Return
Investment method
Fixed Interest

Quick stats

1 Year return

2.26 %

1 Year rank in sector

-

Sector

FO Absolute Return

Yield
-
Fund size

£ 12.0 m

FE Risk score

94

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    72.02%
  • Cash & Cash Equivalents
    7.59%
  • France
    6.87%
  • Canada
    4.95%
  • UK
    4.91%
  • Corporate Bonds
    76.83%
  • Government Bonds
    15.98%
  • Asset/Mortgage-Backed Securities
    10.6%
  • Cash & Cash Equivalents
    7.59%
  • Debt
    0.74%
  • Global Fixed Interest
    94.22%
  • Cash & Cash Equivalents
    7.93%
  • International Equities
    3.23%
  • Property Shares
    1.52%
  • Others
    -6.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.29 %0.1 %2.26 %3.48 %3.27 %
Sector-0.26 %0.48 %3.08 %3.62 %9.83 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund3.27 %3.81 %-3.09 %-1.57 %-0.2 %
Sector2.34 %0.66 %0.69 %1.2 %3.58 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha0.28
Beta0.71
Sharpe-0
Volatility3.37
Tracking error3.17
Information ratio-0.05
R-Squared0.14

Price movement

52 week high10.56
52 week low10.04
Current bid price0
Current offer price0
Current mid price10.42

Holdings by region

  • 72.02% USA
  • 7.59% Cash & Cash Equivalents
  • 6.87% France
  • 4.95% Canada
  • 4.91% UK
  • 4.86% Sweden
  • 4.36% Netherlands
  • 2.04% Belgium
  • 1.64% Japan
  • 0.81% Germany

Holdings by sector

  • 76.83% Corporate Bonds
  • 15.98% Government Bonds
  • 10.6% Asset/Mortgage-Backed Securities
  • 7.59% Cash & Cash Equivalents
  • 0.74% Debt
  • -11.74% Others

Holdings by asset type

  • 94.22% Global Fixed Interest
  • 7.93% Cash & Cash Equivalents
  • 3.23% International Equities
  • 1.52% Property Shares
  • -6.9% Others

Individual holdings

  • 5.12% US Treasury Note 1.875% FEB 28 22
  • 2.06% BPCE SA 2.500 DEC 10 18
  • 2.05% Banque Federative du Credit Mutuel SA 144A 2% APR 12 19
  • 2.04% Dexia Credit Local SA 144A 2.25% FEB 18 20
  • 2% CPPIB Capital Inc 144A 1.25% SEP 20 19
  • 1.65% Skandinaviska Enskilda Banken AB 144A 2.45% MAY 27 20
  • 1.64% Santander UK Group Holdings PLC 2.875% AUG 05 21
  • 1.63% ABN AMRO Bank NV 144A 1.8% JUN 04 18
  • 1.63% Lloyds Bank PLC 1.75% MAY 14 18
  • 1.63% US Treasury Note 1.75% SEP 30 19