Fact sheet: MFS Meridian Global Credit

Fund information

Fund name
MFS Meridian Global Credit W1 GBP
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager
Ward Brown
since 21/12/2009
Fund objective
The fund's investment objective is to seek total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars.
Benchmark
Barclays Global Aggregate Credit Index Unhedged USD
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

2.36 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 21.9 m

FE Risk score

52

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    65.66%
  • UK
    6.98%
  • Italy
    5.96%
  • Germany
    4.46%
  • Canada
    3.41%
  • Corporate Bonds
    94.73%
  • Government Bonds
    1.82%
  • Cash & Cash Equivalents
    1.8%
  • Asset/Mortgage-Backed Securities
    0.95%
  • Debt
    0.69%
  • US Fixed Interest
    67.5%
  • Global Fixed Interest
    9.8%
  • UK Fixed Interest
    7%
  • Italian Fixed Interest
    6%
  • German Fixed Interest
    4.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.12 %5.79 %2.36 %11.12 %5.51 %
Sector0.76 %2.49 %1.42 %5.63 %10.99 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund7.35 %4.91 %-3.98 %7.99 %-9.41 %
Sector3.17 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha0.76
Beta1.82
Sharpe0.09
Volatility6.55
Tracking error4.81
Information ratio0.45
R-Squared0.58

Price movement

52 week high11.73
52 week low10.77
Current bid price0
Current offer price0
Current mid price11.69

Holdings by region

  • 65.66% USA
  • 6.98% UK
  • 5.96% Italy
  • 4.46% Germany
  • 3.41% Canada
  • 2.49% France
  • 1.8% Cash & Cash Equivalents
  • 1.65% Iceland
  • 1.11% Ireland
  • 1.08% Spain

Holdings by sector

  • 94.73% Corporate Bonds
  • 1.82% Government Bonds
  • 1.8% Cash & Cash Equivalents
  • 0.95% Asset/Mortgage-Backed Securities
  • 0.69% Debt
  • 0.01% Others

Holdings by asset type

  • 67.5% US Fixed Interest
  • 9.8% Global Fixed Interest
  • 7% UK Fixed Interest
  • 6% Italian Fixed Interest
  • 4.5% German Fixed Interest
  • 3.4% Canadian Fixed Interest
  • 1.8% Money Market

Individual holdings

  • 1.73% JPMorgan Chase & Co 4.250 OCT 15 20
  • 1.38% Medtronic Inc 3.5% MAR 15 25
  • 1.22% Best Buy Co Inc 5.500 MAR 15 21
  • 1.19% PNC Bank NA 2.6% JUL 21 20
  • 1.17% Goldman Sachs Group Inc/The 5.750 JAN 24 22
  • 1.16% Bank of America NA 1.750 JUN 05 18
  • 1.1% Arion Banki HF RegS 2.5% APR 26 19
  • 1.09% BPER Banca RegS FRB MAY 31 27
  • 1.06% SCA Hygiene AB RegS 1.125 MAR 27 24
  • 1.05% Goldman Sachs Group Inc 2.65% APR 25 21