Fact sheet: MFS Meridian Emg Mkts Debt

Fund information

Fund name
MFS Meridian Emerging Markets Debt W1 GBP
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
Ward Brown
since 01/07/2008
Matthew W Ryan
since 01/08/1998
Fund objective
The fund's investment objective is to seek total return, measured in US dollars. Focuses primarily on sovereign/quasi-sovereign U.S dollar-denominated emerging markets debt. Research-intensive approach focuses on outperformance through alpha, with an emphasis on managing downside risk, in a conservative fashion. Focuses on providing strong risk-adjusted returns and a favorable information ratio.
Benchmark
JPMorgan Emerging Markets Bond Index Global
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

3.65 %

1 Year rank in sector

-

Sector

FO Fixed Int - Emerging Markets

Yield
-
Fund size

£ 3.1 b

FE Risk score

52

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Cash & Cash Equivalents
    10.22%
  • Indonesia
    8.1%
  • Mexico
    7.51%
  • Turkey
    6.81%
  • Russia
    6.44%
  • Debt
    89.03%
  • Cash & Cash Equivalents
    10.22%
  • Government Bonds
    0.45%
  • Others
    0.22%
  • Energy
    0.08%
  • Global Fixed Interest
    33.06%
  • Money Market
    9.24%
  • Indonesian Fixed Interest
    8.9%
  • Mexican Fixed Interest
    7.9%
  • Russian Fixed Interest
    7.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %3.22 %3.65 %17.58 %20.4 %
Sector-0.27 %2.89 %4.73 %5.93 %4.55 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund7.65 %9.05 %-0.16 %11.36 %-7.76 %
Sector8.17 %10.22 %-7.28 %-0.56 %-7.02 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha4.92
Beta0.63
Sharpe0.4
Volatility6.83
Tracking error5.8
Information ratio0.7
R-Squared0.43

Price movement

52 week high15.13
52 week low13.77
Current bid price0
Current offer price0
Current mid price15.05

Holdings by region

  • 10.22% Cash & Cash Equivalents
  • 8.1% Indonesia
  • 7.51% Mexico
  • 6.81% Turkey
  • 6.44% Russia
  • 6.3% Argentina
  • 5.1% India
  • 5.06% Peru
  • 4.27% Ukraine
  • 4.15% Brazil

Holdings by sector

  • 89.03% Debt
  • 10.22% Cash & Cash Equivalents
  • 0.45% Government Bonds
  • 0.22% Others
  • 0.08% Energy
  • 0% Financial Services

Holdings by asset type

  • 33.06% Global Fixed Interest
  • 9.24% Money Market
  • 8.9% Indonesian Fixed Interest
  • 7.9% Mexican Fixed Interest
  • 7.1% Russian Fixed Interest
  • 6.1% American Emerging Fixed Interest
  • 5.9% Middle East & African Fixed Interest
  • 5% European Emerging Fixed Interest
  • 5% Indian Fixed Interest
  • 4.4% Peruvian Fixed Interest

Individual holdings

  • 1.19% Turkey Government International Bond 6% MAR 25 27
  • 1.06% State Grid Overseas Investment 2016 Ltd RegS 3.500 MAY 04 27
  • 1.04% Argentine Republic Government International Bond 7.125% JUL 06 36
  • 1% Russian Foreign Bond - Eurobond RegS 4.500 APR 04 22
  • 0.95% Ukraine Government International Bond RegS 7.75% SEP 01 22
  • 0.91% Argentine Republic Government International Bond 6.875% JAN 26 27
  • 0.85% India Government Bond 7.61% MAY 09 30
  • 0.84% Southern Gas Corridor CJSC RegS 6.875% MAR 24 26
  • 0.82% Mexico Government International Bond 4.15% MAR 28 27
  • 0.81% Mexican Bonos 6.500 JUN 09 22