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(s)
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

28.42 %

1 Year rank in sector

8/43

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 30.2 m

FE Risk score

173

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    57.18%
  • Mexico
    25.63%
  • Chile
    5.19%
  • Argentina
    3.74%
  • Peru
    3.11%
  • Financial Services
    30.41%
  • Consumer Staples
    13.6%
  • Basic Materials
    12.73%
  • Utilities
    9.18%
  • Cyclical Consumer Goods
    5.67%
  • Brazilian Equities
    56.27%
  • Mexican Equities
    26.35%
  • Chilean Equities
    6.34%
  • American Emerging Equities
    3.86%
  • Peruvian Equity
    3.17%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-4.3 %12.97 %28.42 %-6.08 %-17.41 %
Sector-5.49 %9.78 %22.24 %-5.69 %-18.02 %
Rank within sector7 / 4313 / 438 / 4329 / 4225 / 37
Quartile th1 st2 nd1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund24.74 %22.49 %-32.07 %-19.04 %-9.16 %
Sector18.77 %26.05 %-31.7 %-12.49 %-13.99 %
Rank within sector11 / 4328 / 4331 / 4239 / 405 / 37
Quartile th2 nd3 rd3 rd4 th1 st

Risk statistics

Alpha-0.73
Beta0.92
Sharpe-0.02
Volatility21.84
Tracking error5.53
Information ratio-0.07
R-Squared0.94

Price movement

52 week high10.26
52 week low7.33
Current bid price0
Current offer price0
Current mid price9.58

Holdings by region

  • 57.18% Brazil
  • 25.63% Mexico
  • 5.19% Chile
  • 3.74% Argentina
  • 3.11% Peru
  • 2.17% Cash & Cash Equivalents
  • 1.57% Colombia
  • 0.76% USA
  • 0.64% Italy
  • 0.01% Others

Holdings by sector

  • 30.41% Financial Services
  • 13.6% Consumer Staples
  • 12.73% Basic Materials
  • 9.18% Utilities
  • 5.67% Cyclical Consumer Goods
  • 5.56% Health Care
  • 5.44% Energy
  • 3.97% Retail
  • 3.29% Technology
  • 3.02% Transport

Holdings by asset type

  • 56.27% Brazilian Equities
  • 26.35% Mexican Equities
  • 6.34% Chilean Equities
  • 3.86% American Emerging Equities
  • 3.17% Peruvian Equity
  • 3.07% International Equities
  • 0.94% Money Market

Individual holdings

  • 6.62% Itau Unibanco Holding SA ADR
  • 6.52% Banco Bradesco SA ADR
  • 5.46% AMBEV SA ADR
  • 3.23% BRF SA
  • 3.11% BM&FBovespa SA
  • 2.92% Fibria Celulose SA
  • 2.82% GRUPO FINANCIERO BANORTE-O COMMON STOCK
  • 2.53% Credicorp Ltd
  • 2.53% Kroton Educacional SA
  • 2.32% OMW HENDERSON FIXED INTEREST MONTHLY INCOME