MFS Meridian European Smaller Companies W1 EUR

This factsheet should be viewed in conjunction with the Key Investor Information Document (KIID) as both provide important information. The KIID is accessible from the link on the right.

Factsheets contain information about the features of the fund such as the investment objective, fund region and past performance.

Some funds offer income units, accumulation units or both. The unit type you choose will affect the way income generated from the fund is treated. With income units, income is paid into your nominated account. With accumulation units income is retained within the fund, increasing the value of your holding.

All Investments carry an element of risk. In particular, the value of Investments and any income from them can go down as well as up and you may not get back what you originally invested.

In addition, investing in funds is subject to specific risks. Details of these risks are contained in the Key Investor Information Document which is designed to provide important information about funds as well as the risks involved.

Fund Objective

The fund's investment objective is to seek capital appreciation, measured in euros.

viewInvestment Information

Annualised performance

20/04/2021

33.39%

12m high
+22.97p
12m low
+16.90p

Past performance is not a guide to future performance

view More performance information

At a glance

Fund Type SICAV
Income Yield
-
Ongoing Charges Figure (OCF)
1.25%

Where is this fund primarily investing?

Detailed Fund Information

Sector 
IA European Smaller Companies
Fund Type SICAV
FE Fund Rating 
Unit Type 
Accumulation
Fund Size (on 20/04/2021) £473.5m
Launch Date 16/08/2013

Management Information

Manager name Peter F. Fruzzetti
Manager since 05/11/2001

view View manager's biography view About the fund provider

Peter F. Fruzzetti

Peter Fruzzetti is an Investment Officer of MFS Investment Management® (MFS®) and a Portfolio Manager of the firm's international small cap portfolios. Peter joined MFS in 2000 as an equity research analyst. He was named portfolio manager in 2004. Prior to joining MFS he was an equity analyst with Fidelity Investments from 1993 to 1999. He is a graduate of Boston College. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.

view About the fund provider

Fund provider

-

Fund Codes

Citicode FBDM
SEDOL BBL4SL4

Income

Income Yield
-
Income Frequency (per annum)
-
Income Payment Dates -
More dates

Charges

The annual management charge (AMC) covers the costs involved with managing your investment, such as:
* Customer servicing
(eg, keeping a record of investors, paying income)
* Operating the fund
(eg, calculating the daily unit price, complying with investment rules)
* Investment management
(eg, research & analysis to determine which assets to buy/sell, and the fee paid to the Fund Manager)
This charge is calculated daily by the Fund Manager and as such is reflected in the fund price. However, it doesn't appear as a deduction on a statement. Generally, you can expect to see a higher AMC for funds investing in riskier assets like equities, commodities and property than funds investing in lower risk assets like corporate bonds, gilts and cash.
Annual Management Charge (AMC)
1.05%
Ongoing Charges Figure (OCF)
(on 28/02/2021)
1.25%

Prices

Buy Price
22.73p
Sell Price
22.73p
Price Date 20/04/2021
Change on day
-0.24p

Summary of Risks

Factsheets contain information about the features of the fund such as the investment objective, fund region and past performance.

Some funds offer income units, accumulation units or both. The unit type you chose will affect the way income generated from the fund is treated. With income units, income is paid into your nominated account. With accumulation units income is retained within the fund, increasing the value of your holding.

All Investments carry an element of risk. In particular, the value of Investments and any income from them can go down as well as up and you may not get back what you originally invested. In addition, investment in Funds will also be subject to specific risks. Details of these risks are contained in the Key Investor Information Document which are designed to provide important information about the nature of the investments and also the risks involved.

Some of the data on this page and other related pages is received from the Fund Management Company administering this fund or other third parties. We will not be liable to you where we have acted reasonably in relying on information provided to us by a third party.

Past performance overview - fund vs. sector

A - MFS Meridian European Smaller Companies W1 EUR
B - Sector: IA European Smaller Companies

Past performance of the fund since launch

Past performance is not a guide to future performance

Cumulative Past Performance

  3 mth 6 mth 1 yr 3 yr 5 yr
MFS Meridian European Smaller Companies W1 EUR 8.20% 17.55% 33.39% 32.47% 54.26%
IA European Smaller Companies 6.06% 18.67% 56.05% 30.66% 82.47%
Relative to Sector 2.01% -0.94% -14.52% 1.38% -15.46%

Discrete Past Performance

  31/03/20 31/03/21 31/03/19 31/03/20 31/03/18 31/03/19 31/03/17 31/03/18 31/03/16 31/03/17
MFS Meridian European Smaller Companies W1 EUR 37.87% -12.66% 9.19% 5.64% 8.87%
IA European Smaller Companies 57.67% -14.66% -5.34% 11.97% 22.08%
Relative to Sector -12.56% 2.34% 15.35% -5.66% -10.82%

Discrete Past Performance figures are calculated on a bid/mid (buying) price basis with net income (dividends) reinvested

Asset Allocation - as at March 31, 2021

Rank Key Name %
Weighting
1 Stocks 98.80%
2 Cash & Cash Equivalents 1.20%

Asset Breakdown

Region Breakdown - as at February 28, 2021

Rank Key Name %
Weighting
1 UK 36.40%
2 Germany 17.58%
3 OTHERS 10.84%
4 France 7.40%
5 Netherlands 7.34%
6 Italy 5.13%
7 Spain 5.13%
8 Sweden 3.82%
9 Switzerland 3.58%
10 Ireland 2.78%

Region Breakdown

Sector Breakdown - as at February 28, 2021

Rank Key Name %
Weighting
1 Basic Materials 20.60%
2 Technology 18.27%
3 Automobiles 11.02%
4 Financial Services 9.89%
5 Consumer Staples 8.04%
6 OTHERS 7.60%
7 Health Care 6.76%
8 Leisure 6.70%
9 Retail 5.66%
10 Industrials 5.45%

Sector Breakdown

Top Holdings - as at February 28, 2021

Rank Name %
Weighting
Rank Name %
Weighting
1 CRODA INTERNATIONAL PLC 4.46% 6 FORTERRA PLC 2.35%
2 LEG IMMOBILIEN SE 4.10% 7 GERRESHEIMER GROUP 2.22%
3 SYMRISE AG 3.81% 8 MAYR-MELNHOF KARTON AG 2.08%
4 CRANSWICK 2.69% 9 CELLNEX TELECOM SA 2.08%
5 JUST EAT TAKEAWAY.COM NV 2.62% 10 HUNTER DOUGLAS NV 2.02%