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(s)
Robert M. Hall
since 21/12/2009
Robert D Persons
since 01/10/2014
Pilar Gomez-Bravo
since 01/10/2014
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. Focuses on global investment grade, corporate bonds of developed countries that MFS believes to have solid/improving fundamentals May also include high yield, international and/or emerging market debt Portfolio based on intensive fundamental research and collaborative research organization that aims to avoid adverse credit events, and focuses on bottom-up security selection.
Benchmark
Barclays Global Aggregate Credit Index Unhedged USD
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

7.25 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 25.8 m

FE Risk score

53

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    62%
  • UK
    8.18%
  • Cash & Cash Equivalents
    5.95%
  • Italy
    4.71%
  • Germany
    4.56%
  • Corporate Bonds
    90.59%
  • Cash & Cash Equivalents
    5.95%
  • Asset/Mortgage-Backed Securities
    1.7%
  • Government Bonds
    1.38%
  • Debt
    0.47%
  • US Fixed Interest
    67.8%
  • UK Fixed Interest
    8.2%
  • Money Market
    5.95%
  • Others
    5.95%
  • Italian Fixed Interest
    4.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.17 %0 %7.25 %8.65 %3.82 %
Sector-0.05 %1.13 %4.03 %6.64 %8.74 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund7.25 %4.91 %-3.98 %7.99 %-9.41 %
Sector3.66 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha-0.77
Beta1.81
Sharpe-0
Volatility6.32
Tracking error4.64
Information ratio0.15
R-Squared0.58

Price movement

52 week high11.82
52 week low10.77
Current bid price0
Current offer price0
Current mid price11.68

Holdings by region

  • 62% USA
  • 8.18% UK
  • 5.95% Cash & Cash Equivalents
  • 4.71% Italy
  • 4.56% Germany
  • 2.79% Switzerland
  • 2.63% Canada
  • 1.87% France
  • 1.63% Ireland
  • 1.42% Iceland

Holdings by sector

  • 90.59% Corporate Bonds
  • 5.95% Cash & Cash Equivalents
  • 1.7% Asset/Mortgage-Backed Securities
  • 1.38% Government Bonds
  • 0.47% Debt
  • 0.04% Local Government Bonds
  • -0.12% Others

Holdings by asset type

  • 67.8% US Fixed Interest
  • 8.2% UK Fixed Interest
  • 5.95% Money Market
  • 5.95% Others
  • 4.7% Italian Fixed Interest
  • 4.6% German Fixed Interest
  • 2.8% Swiss Fixed Interest

Individual holdings

  • 1.47% Anheuser-Busch InBev Finance Inc 3.3% FEB 01 23
  • 1.4% JPMorgan Chase & Co 2.95% OCT 01 26
  • 1.32% Bank of America Corp 3.248% OCT 21 27
  • 1.26% Bank of America Corp 2.625% APR 19 21
  • 1.17% UBS Group Funding Switzerland AG 144A FRB AUG 15 23
  • 1.15% Medtronic Inc 3.5% MAR 15 25
  • 1.05% Intel Corp 3.15% MAY 11 27
  • 1.02% Best Buy Co Inc 5.500 MAR 15 21
  • 1.01% American Tower Corp 3.500 JAN 31 23
  • 1% JPMorgan Chase & Co 3.25 SEP 23 22