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
Team of Asian Equity Analysts
since 31/07/2007
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 Invest for the long term generally with low turnover in an effort to capitalize on opportunities created by investors with shorter-term investment horizon Portfolio constructed from high conviction ideas generated from 8 global sector teams, with risk management at multiple levels (stock, sector, portfolio).
Benchmark
MSCI Japan
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

11.1 %

1 Year rank in sector

-

Sector

FO Equity - Japan

Yield
-
Fund size

£ 7.6 m

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

Top in sector

Holdings snapshot

  • Japan
    98.16%
  • Cash & Cash Equivalents
    1.84%
  • Automobiles
    16.46%
  • Technology
    14.18%
  • Financial Services
    13.74%
  • Utilities
    9.59%
  • Health Care
    9.25%
  • Japanese Equities
    98.16%
  • Cash & Cash Equivalents
    1.84%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.36 %7.59 %11.1 %14 %43.14 %
Sector0.54 %5.59 %22.19 %35.58 %107.54 %
Rank within sector33 / 11022 / 109 / / /
Quartile th2 nd1 st th th th

Calendar performance

YTD-20172016201520142013
Fund12.68 %0 %0 %0 %0 %
Sector8.98 %4.48 %11.76 %4.15 %43.22 %
Rank within sector20 / 109 / / / /
Quartile th1 st th th th th

Risk statistics

Alpha-2.45
Beta0.75
Sharpe0.1
Volatility12.11
Tracking error8.01
Information ratio-0.61
R-Squared0.62

Price movement

52 week high11.41
52 week low9.93
Current bid price0
Current offer price0
Current mid price11.2

Holdings by region

  • 98.16% Japan
  • 1.84% Cash & Cash Equivalents

Holdings by sector

  • 16.46% Automobiles
  • 14.18% Technology
  • 13.74% Financial Services
  • 9.59% Utilities
  • 9.25% Health Care
  • 9.24% Industrials
  • 8.01% Retail
  • 7.53% Consumer Staples
  • 4.91% Basic Materials
  • 3.94% Transport

Holdings by asset type

  • 98.16% Japanese Equities
  • 1.84% Cash & Cash Equivalents

Individual holdings

  • 4.05% SoftBank Corp
  • 3.69% KDDI Corp
  • 3.64% Mitsubishi UFJ Financial Group Inc
  • 3.36% Daikin Industries Ltd
  • 3.31% Rinnai Corp
  • 3.21% Kubota Corp
  • 3.17% Mitsui Fudosan Co Ltd
  • 2.97% Kao Corp
  • 2.84% Koito Manufacturing Co Ltd
  • 2.78% Santen Pharmaceutical Co Ltd