MFS Meridian Funds - European Value Fund A1 EUR
MFS Meridian Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Objective The fund’s objective is capital appreciation, measured in Euros. Investment Policy The fund invests primarily (at least 70%) in European equity securities. Some of the countries in Europe, primarily those in Eastern Europe, are currently considered emerging market economies. The fund generally focuses its investments in companies it believes to be undervalued compared to their intrinsic value (value companies). The fund may use derivatives for hedging and/or investment purposes but will not primarily use derivatives to achieve the fund's investment objective. The fund’s benchmarks, MSCI Europe Index (EUR) and MSCI Europe Value Index (EUR), are indicated for performance comparison only. While many issuers in which the fund invests are generally represented in the benchmark, the fund is actively managed within its objectives and the investment strategy will not restrict the extent to which portfolio holdings may deviate from the benchmark. The deviation may be significant. Distributions Income will not be distributed to shareholders but reflected in the assets of the fund. Redeeming Shares You may sell your shares on each business day when banks in Luxembourg are open for normal business and the New York Stock Exchange is open for trading. Terms to Understand Equity securities represent an ownership interest, or the right to acquire an ownership interest, in a company or other issuer. Derivatives are financial contracts whose value is based on the value of one or more underlying indicators or the difference between underlying indicators.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 01/12/202050.81
Morningstar categoryEurope Large-Cap Blend Equity
CurrencyEUR
Distribution statusAccumulating
ISINLU0125951151
Inception Date01/10/2002
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.91% of which 0.75% is paid to MeDirect
Fund management company
AddressMFS Investment Management Company (Lux) S.à.r.l 4, rue Albert Borschette L-1246, Luxembourg Grand Duchy of Luxembourg Luxembourg
Manager NameGabrielle G. Gourgey
Manager Start Date15/02/2013
Total Net Assets (mil)4,107.40 EUR (31/10/2020)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 20/11/2020
Annual Report
en 31/01/2020
Semi Annual Report
en 31/07/2020
Morningstar Report
03/12/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year2.81%01/12/2020
3 years7.40%01/12/2020
5 years6.07%01/12/2020
10 years10.03%01/12/2020
Since launch9.36%01/12/2020
Cumulative performance in EUR
Performance
YTD 01/01/20201.07
1 month10.10
3 months4.72
6 months10.43
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-18.34%13.71%3.62%-
201913.68%4.32%1.95%5.70%
2018-3.36%6.46%2.19%-10.14%
20176.89%2.55%0.43%4.23%
2016-2.61%1.30%3.73%-2.60%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock97.84%0.00%97.84%
Bond0.00%0.00%0.00%
Cash21.78%19.62%2.16%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
21.2914.3112.36
Sharpe Ratio
0.240.580.56
Sortino Ratio
0.330.820.81
Positive Months8.0026.0038.00
Negative Months4.0010.0022.00
Worst Month-13.21-13.21-13.21
World Regions
Region%
Eurozone51.29
Europe - ex Euro23.52
United Kingdom19.96
United States2.47
Middle East0.60
Stock Sector Weighting
Sector% of Equity
Consumer Defensive
22.91
Industrials19.05
Technology11.86
Consumer Cyclical
10.69
Healthcare9.61
Basic Materials6.92
Financial Services6.75
Real Estate6.63
Utilities3.18
Communication Services0.24
Top 10 Holdings
HoldingSectorCountry% of Assets
Nestle SA Consumer DefensiveSwitzerland6.16
Schneider Electric SE IndustrialsFrance3.56
Novo Nordisk A/S B HealthcareDenmark3.19
Iberdrola SA UtilitiesSpain3.18
Henkel AG & Co KGaA Participating Preferred Consumer DefensiveGermany3.05
Heineken NV Consumer DefensiveNetherlands2.97
Pernod Ricard SA Consumer DefensiveFrance2.72
Flutter Entertainment PLC Consumer CyclicalUnited Kingdom2.58
Diageo PLC Consumer DefensiveUnited Kingdom2.55
Deutsche Wohnen SE Real EstateGermany2.55
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
50.81
Closing Price
All key information and documents must be reviewed before being able to Invest.