Fact sheet: MFS Meridian Japan Equity

Fund information

Fund name
MFS Meridian Japan Equity W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager(s)
Team of Asian Equity Analysts
since 01/08/2007
Fund objective
The fund's investment objective is to seek capital appreciation, measured in US dollars. An analyst run portfolio generally investing in large- and mid-cap Japanese securities diversified by sector and invested across industries, styles, and market capitalizations. Portfolio constructed from high conviction ideas generated from 8 global sector teams, with risk management at multiple levels (stock, sector, portfolio). Invest for the long term generally with low turnover in an effort to capitalize on opportunities created by investors with shorter-term investment horizon.
Benchmark
MSCI Japan
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

26.38 %

1 Year rank in sector

56/110

Sector

FO Equity - Japan

Yield
-
Fund size

£ 9.0 m

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    3.96%
  • Industrials
    20%
  • Consumer Discretionary
    16.18%
  • Consumer Staples
    11.93%
  • Financials
    11.5%
  • Health Care
    10.7%
  • International Equities
    98.8%
  • Cash & Cash Equivalents
    1.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund5.03 %16.47 %26.37 %41.78 %60.54 %
Sector4.09 %17.04 %26.46 %50.83 %114.92 %
Rank within sector30 / 11163 / 11156 / 110 / /
Quartile th2 nd3 rd3 rd th th

Calendar performance

YTD-20182017201620152014
Fund4.95 %24.04 %0 %0 %0 %
Sector4.32 %22.97 %4.48 %11.76 %4.15 %
Rank within sector35 / 11137 / 110 / / /
Quartile th2 nd2 nd th th th

Risk statistics

Alpha0.95
Beta0.79
Sharpe0.66
Volatility11.44
Tracking error5.79
Information ratio-0.27
R-Squared0.8

Price movement

52 week high13.02
52 week low10.21
Current bid price0
Current offer price0
Current mid price12.94

Holdings by region

  • 3.96% Money Market

Holdings by sector

  • 20% Industrials
  • 16.18% Consumer Discretionary
  • 11.93% Consumer Staples
  • 11.5% Financials
  • 10.7% Health Care
  • 7.78% Information Technology
  • 7.58% Telecommunications Utilities
  • 5.54% Materials
  • 3.96% Cash & Cash Equivalents
  • 2.19% Real Estate

Holdings by asset type

  • 98.8% International Equities
  • 1.2% Cash & Cash Equivalents

Individual holdings

  • 3.81% SoftBank Corp
  • 3.77% KDDI Corp
  • 3.46% Daikin Industries Ltd
  • 3.36% Mitsubishi UFJ Financial Group Inc
  • 3.32% AVIVA US EQUITY NU
  • 3.17% Kubota Corp
  • 3.15% TOTO Ltd
  • 3.11% Koito Manufacturing Co Ltd
  • 2.99% Rinnai Corp
  • 2.9% Kao Corp