MFS Meridian Latin American Eq I1 GBP (FUND:B404WM5) - Fund price - Overview

Fund Report

MFS Meridian Funds - Latin American Equity Fund I1 GBP

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameJosé Luis García
Inception Date01/02/2011
NAV 14/02/2019GBP 94.17
Day Change2.06%
12 Month Yield0.00%
ISINLU0583242648
SEDOLB404WM5
Dividend Frequency-
Net Assets (mil) 31/12/20189.86 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost1.20%
AMC0.95%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 31/12/2018

Benchmarks

Fund Benchmark

MSCI EM Latin America 10-40 NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

Growth Of 10,000 (GBP) 31/01/2019

How has this security performed
201420152016201720182019
Fund-12.99-28.2846.7114.70-4.9411.55
Category-8.95-25.9247.4613.87-2.8410.70
Benchmark-6.84-27.0456.3113.03-0.7711.29
  • Fund: MFS Meridian Funds - Latin American Equity Fund I1 GBP
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (GBP) 14/02/2019
FundCatBmark
YTD11.4610.8311.50
3 Years Annualised24.2023.8026.87
5 Years Annualised4.056.477.55
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in Latin American equity securities. Latin America includes South America, Central America, the Caribbean, and Mexico. All of the countries in the Latin American region are currently considered emerging market economies. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies) or in a combination of growth and value companies. The Fund may invest in companies of any size.

Portfolio Profile31/12/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseBank Bradesco SA ADR Financial Services9.59
IncreaseItau Unibanco Holding SA ADR Financial Services8.80
IncreasePetroleo Brasileiro SA Petrobras ADR Energy6.37
IncreaseVale SA ADR Basic Materials5.97
IncreaseAmbev SA ADR Consumer Defensive4.24
Asset Allocation %
LongShortNet
Stocks98.290.0098.29
Bonds0.000.000.00
Cash4.542.831.71
Other0.000.000.00
Top Stock Regions
Region%
Latin America99.56
United States0.44
Canada0.00
United Kingdom0.00
Eurozone0.00
Top Stock Sectors
Stock Sector%
Financial Services30.12
Consumer Defensive17.55
Basic Materials15.67
Consumer Cyclical7.90
Energy7.42
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2019 Morningstar. All rights reserved.