Fact sheet: MFS Meridian Latin Am Eq

Fund information

Fund name
MFS Meridian Latin American Equity W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager
Jose Luis Garcia
since 26/03/2009
Fund objective
The fund's investment objective is to seek capital appreciation, measured in US dollars. Focuses on companies with exposure to long term structural growth in Latin America Looks for high quality companies with what we believe to have durable competitive advantages, strong management teams and good corporate governance Leverages MFS global research platform and local research coverage in Latin America.
Benchmark
MSCI Emerging Markets Latin America 10-40 Index
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

29.29 %

1 Year rank in sector

8/44

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 31.8 m

FE Risk score

169

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    57.85%
  • Mexico
    26.42%
  • Chile
    5.45%
  • Argentina
    3.25%
  • Peru
    3.21%
  • Financial Services
    29.59%
  • Basic Materials
    14.42%
  • Consumer Staples
    13.92%
  • Utilities
    9.65%
  • Cyclical Consumer Goods
    5.63%
  • Brazilian Equities
    57.9%
  • Mexican Equities
    26.4%
  • Chilean Equities
    5.4%
  • American Emerging Equities
    3.3%
  • Peruvian Equity
    3.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund5.03 %21.47 %29.29 %-7.58 %-12.55 %
Sector3.75 %14.95 %23.21 %-6.48 %-13.79 %
Rank within sector12 / 445 / 448 / 4429 / 4225 / 38
Quartile th2 nd1 st1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund33.33 %22.49 %-32.07 %-19.04 %-9.16 %
Sector27.77 %26.05 %-31.7 %-12.49 %-13.99 %
Rank within sector10 / 4429 / 4430 / 4238 / 405 / 38
Quartile th1 st3 rd3 rd4 th1 st

Risk statistics

Alpha-1.84
Beta0.92
Sharpe-0.03
Volatility22.89
Tracking error5.55
Information ratio-0.23
R-Squared0.95

Price movement

52 week high10.24
52 week low7.33
Current bid price0
Current offer price0
Current mid price10.24

Holdings by region

  • 57.85% Brazil
  • 26.42% Mexico
  • 5.45% Chile
  • 3.25% Argentina
  • 3.21% Peru
  • 1.24% Cash & Cash Equivalents
  • 1.24% Colombia
  • 0.7% Canada
  • 0.62% Italy
  • 0.01% Others

Holdings by sector

  • 29.59% Financial Services
  • 14.42% Basic Materials
  • 13.92% Consumer Staples
  • 9.65% Utilities
  • 5.63% Cyclical Consumer Goods
  • 5.22% Energy
  • 5.05% Health Care
  • 4.44% Retail
  • 3.31% Technology
  • 2.92% Transport

Holdings by asset type

  • 57.9% Brazilian Equities
  • 26.4% Mexican Equities
  • 5.4% Chilean Equities
  • 3.3% American Emerging Equities
  • 3.2% Peruvian Equity
  • 2.56% Others
  • 1.24% Cash & Cash Equivalents

Individual holdings

  • 6.46% Banco Bradesco SA ADR
  • 6.36% Itau Unibanco Holding SA ADR
  • 6.04% AMBEV SA ADR
  • 3.83% Usinas Siderurgicas de Minas Gerais SA IPS
  • 3.12% BRF SA
  • 2.97% BM&FBovespa SA
  • 2.93% GRUPO FINANCIERO BANORTE-O COMMON STOCK
  • 2.58% Credicorp Ltd
  • 2.58% OMW HENDERSON FIXED INTEREST MONTHLY INCOME
  • 2.4% America Movil SAB de CV ADR