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

30.56 %

1 Year rank in sector

7/42

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 32.5 m

FE Risk score

177

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    1.21%
  • Financials
    28.1%
  • Materials
    14.52%
  • Consumer Staples
    13.38%
  • Consumer Discretionary
    9.84%
  • Utilities
    6.62%
  • Brazilian Equities
    55.9%
  • Mexican Equities
    28%
  • Chilean Equities
    5.6%
  • American Emerging Equities
    3.7%
  • Peruvian Equity
    3.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund9.2 %12.2 %30.56 %17.36 %-19.54 %
Sector8.88 %9.06 %22.5 %12.7 %-19.6 %
Rank within sector24 / 4215 / 427 / 4221 / 4124 / 36
Quartile th3 rd2 nd1 st3 rd3 rd

Calendar performance

YTD-20182017201620152014
Fund5.48 %26.04 %22.49 %-32.07 %-19.04 %
Sector4.98 %20.88 %26.05 %-31.7 %-12.49 %
Rank within sector16 / 4213 / 4229 / 4230 / 4138 / 39
Quartile th2 nd2 nd3 rd3 rd4 th

Risk statistics

Alpha0.3
Beta0.91
Sharpe-0
Volatility21.03
Tracking error5.36
Information ratio0.05
R-Squared0.94

Price movement

52 week high10.26
52 week low7.79
Current bid price0
Current offer price0
Current mid price10.21

Holdings by region

  • 1.21% Money Market

Holdings by sector

  • 28.1% Financials
  • 14.52% Materials
  • 13.38% Consumer Staples
  • 9.84% Consumer Discretionary
  • 6.62% Utilities
  • 5.57% Industrials
  • 5.29% Health Care
  • 5.04% Energy
  • 4.53% Telecommunications Utilities
  • 3.55% Information Technology

Holdings by asset type

  • 55.9% Brazilian Equities
  • 28% Mexican Equities
  • 5.6% Chilean Equities
  • 3.7% American Emerging Equities
  • 3.3% Peruvian Equity
  • 2.29% Others
  • 1.21% Money Market

Individual holdings

  • 7.29% Banco Bradesco SA ADR
  • 6.42% Itau Unibanco Holding SA ADR
  • 4.89% AMBEV SA ADR
  • 3.5% America Movil SAB de CV ADR
  • 3.5% Vale SA ADR
  • 2.94% GRUPO FINANCIERO BANORTE-O COMMON STOCK
  • 2.82% BRF SA
  • 2.59% Credicorp Ltd
  • 2.58% BM&FBovespa SA
  • 2.52% OMW JANUS HENDERSON FIXED INTEREST MONTHLY INCOME