MFS Meridian Funds - European Research Fund A1 EUR
Sub-fund of MFS Meridian Funds (SICAV domiciled in Luxembourg)
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment products, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.
Source NAV www.beama.be
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.

Risk Profile
Significant risks that are not adequately reflected in the profile:

Derivatives risk
The fund can enter into derivative transactions. The increased profit opportunities that arise, could also involve greater risks of loss.
Currency risk
The fund can be adversely affected by exchange rate fluctuations.
Emerging market risk
The fund will be more volatile because these markets are typically smaller, less liquid and more sensitive to economic and political factors.
Event risk
This fund may be negatively affected by unforeseeable events such as devaluations or political events.

You will find all other risks associated with this fund in the prospectus.
Morningstar Rating
More information about the calculation of the Morningstar Ratings
Bronze
Bronze
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Key Information
Closing Price 24/09/2021 46.91
Morningstar category Europe Large-Cap Blend Equity
Currency EUR
Distribution status Capitalizing
ISIN LU0094557526
Inception Date 12/03/1999
Maturity date Unlimited
Management strategy (vs benchmark) Active
Minimum initial amount 100.00 EUR
Fees And Charges
Entry fee None
Tax on entry None
Custody fees None
Tax on returns
No
Tax on dividend N/A
Exit fee None
Tax on exit 1.32 (max. 4,000.00 EUR per fund)
Ongoing charge 1.92% of which 0.75% is paid to MeDirect
Fund management company
Address MFS Investment Management Company (Lux) S.à.r.l 4, rue Albert Borschette L-1246, Luxembourg Grand Duchy of Luxembourg Luxembourg
Manager Name Gabrielle G. Gourgey
Manager Start Date 16/01/2006
Total Net Assets (mil) 2,883.32 EUR (31/08/2021)
UCITS Yes
Administrator State Street Bank International GmbH, Luxembourg Branch

Legal Documents

It is possible that this fund applies swing pricing. Please consult the prospectus for more information.
Should you have any complaints, you may contact Compliance Officer MeDirect, Keizerinlaan 66, 1000 Brussel or via [email protected] or Ombudsfin, Ombudsman for financial disputes, North Gate II, Koning Albert II – laan 8 bus 2, 1000 Brussel or via [email protected]

Performance

Historical returns returns and the evolution of the NAV 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.
Sales charges (like entry- and exit fees ) and taxes are not included in the calculation of past performance. Management fees, administrative fees and other costs taken out of the fund assets have been taken in to account, as they are already included in the NAV.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year23.32%24/09/2021
3 years8.84%24/09/2021
5 years8.39%24/09/2021
10 years11.09%24/09/2021
Since launch7.10%24/09/2021
Cumulative performance in EUR
Performance
YTD 01/01/202112.39
1 month-2.39
3 months1.10
6 months8.79
Quarterly Returns
Q 1Q 2Q 3Q 4
20214.94%4.86%--
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%

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock98.74%0.00%98.74%
Bond0.00%0.00%0.00%
Cash21.41%20.15%1.26%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
13.0414.7312.26
Sharpe Ratio
1.650.700.78
Sortino Ratio
4.531.051.19
Positive Months9.0024.0038.00
Negative Months3.0012.0022.00
Worst Month-3.93-12.54-12.54
World Regions
Region%
Eurozone47.62
United Kingdom28.46
Europe - ex Euro18.89
United States3.77
Stock Sector Weighting
Sector% of Equity
Financial Services16.17
Consumer Cyclical
14.46
Consumer Defensive
14.36
Communication Services11.58
Healthcare10.86
Industrials10.17
Basic Materials7.97
Utilities4.90
Technology4.12
Energy3.24
Real Estate0.88
Top 10 Holdings
HoldingSectorCountry% of Assets
Nestle SA Consumer DefensiveSwitzerland4.49
LVMH Moet Hennessy Louis Vuitton SE Consumer CyclicalFrance3.65
Roche Holding AG HealthcareSwitzerland3.32
Schneider Electric SE IndustrialsFrance2.74
Diageo PLC Consumer DefensiveUnited Kingdom2.66
Cellnex Telecom SA Communication ServicesSpain2.66
Linde PLC Basic MaterialsUnited Kingdom2.58
Vodafone Group PLC Communication ServicesUnited Kingdom2.26
Novo Nordisk A/S B HealthcareDenmark2.23
British American Tobacco PLC Consumer DefensiveUnited Kingdom2.14
It is possible that some UCI presented in the portfolio are not offered in Belgium, please verify with our client service
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
All key information and documents must be reviewed before being able to Invest.