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MFS Meridian Funds - European Research 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 Investment Manager may consider environmental, social and governance (ESG) factors in its fundamental investment analysis alongside other factors. The fund’s benchmark, MSCI Europe Index (EUR), is indicated for performance comparison only. Although the fund’s investments will generally be represented in the benchmark, components are likely to be weighted differently from the benchmark and the fund is likely to invest outside of the benchmark to take advantage of attractive investment opportunities. 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. It is expected that the fund's deviation from the benchmark will 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.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Bronze
Bronze
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 09/04/202144.45
Morningstar categoryEurope Large-Cap Blend Equity
CurrencyEUR
Distribution statusAccumulating
ISINLU0094557526
Inception Date12/03/1999
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.92% 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 Date16/01/2006
Total Net Assets (mil)2,750.29 EUR (31/03/2021)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 10/03/2021
Annual Report
en 31/01/2020
Semi Annual Report
en 31/07/2020
Morningstar Report
12/04/2021

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 year25.42%09/04/2021
3 years8.52%09/04/2021
5 years8.43%09/04/2021
10 years8.27%09/04/2021
Since launch6.99%09/04/2021
Cumulative performance in EUR
Performance
YTD 01/01/20216.49
1 month3.98
3 months4.32
6 months13.19
Quarterly Returns
Q 1Q 2Q 3Q 4
20214.94%---
2020-19.06%13.78%-0.65%8.70%
201913.70%3.55%3.85%5.90%
2018-3.58%5.53%-0.60%-10.47%
20175.41%2.20%0.35%3.53%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock98.62%0.00%98.62%
Bond0.00%0.00%0.00%
Cash19.69%18.31%1.38%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
14.7214.9212.61
Sharpe Ratio
1.850.640.70
Sortino Ratio
5.570.961.05
Positive Months8.0023.0037.00
Negative Months4.0013.0023.00
Worst Month-3.93-12.54-12.54
World Regions
Region%
Eurozone50.09
United Kingdom26.87
Europe - ex Euro18.59
United States3.07
Stock Sector Weighting
Sector% of Equity
Financial Services15.84
Consumer Cyclical
15.14
Consumer Defensive
14.56
Communication Services13.09
Healthcare10.36
Industrials9.43
Basic Materials6.36
Utilities4.87
Energy4.26
Technology3.81
Real Estate0.86
Top 10 Holdings
HoldingSectorCountry% of Assets
Nestle SA Consumer DefensiveSwitzerland4.20
LVMH Moet Hennessy Louis Vuitton SE Consumer CyclicalFrance3.42
Roche Holding AG HealthcareSwitzerland3.20
Schneider Electric SE IndustrialsFrance2.76
Vodafone Group PLC Communication ServicesUnited Kingdom2.70
Linde PLC Basic MaterialsUnited Kingdom2.45
BNP Paribas Financial ServicesFrance2.26
Flutter Entertainment PLC Consumer CyclicalUnited Kingdom2.24
Diageo PLC Consumer DefensiveUnited Kingdom2.20
Just Eat Takeaway.com NV Consumer CyclicalNetherlands1.99
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
44.45
Closing Price
All key information and documents must be reviewed before being able to Invest.