MFS Meridian Global Credit WH1 GBP (FUND:B44QWP0) - Overview

Fund Report

MFS® Meridian Funds - Global Credit Fund Class WH1GBP

Key Stats
Morningstar® CategoryGlobal Corporate Bond - GBP Hedged
Manager Name-
Inception Date01/02/2011
NAV 08/12/2016GBP 10.89
Day Change-0.09%
12 Month Yield0.00%
ISINLU0583242135
SEDOLB44QWP0
Dividend Frequency-
Net Assets (mil) 31/10/201623.14 USD
Wrapper AvailabilitySIPP & DA
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.75%
AMC0.55%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Not Rated

Benchmarks

Fund Benchmark

BBgBarc Global Aggregate Credit Bond

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20152016
Fund-3.984.43
Category-0.414.91
Benchmark0.125.17
Effective 31/10/2014, this fund's investment strategy changed to the extent that its record prior to that date is not relevant to its new format. Performance prior to that date is not shown.
  • Fund: MFS® Meridian Funds - Global Credit Fund Class WH1GBP
  • Category: Global Corporate Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP
Trailing Returns % (GBP) 08/12/2016
FundCatBmark
YTD4.914.624.91
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund’s objective is total return, with an emphasis on current income, but also considering capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in debt instruments. The Fund generally focuses its investments in (i) investment grade debt instruments, (ii) corporate debt instruments and (iii) debt instruments of issuers located in developed countries. The Fund may also invest in below investment grade debt instruments, government or government-related debt instruments and/or debt instruments of issuers located in emerging markets. The Fund may invest a relatively large percentage of the fund’s assets in a small number of countries, or a particular geographic region.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds95.840.0095.84
Cash5.932.253.68
Other0.480.000.48
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.85
Cash & Equivalents4.10
Government3.22
Agency Mortgage Backed1.10
Government Related0.73
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
US Treasury Note 1.375% 2023-08-31United States2.13
Pepsico 2.15% 2020-10-14United States1.76
Medtronic 3.5% 2025-03-15United States1.31
Pnc Bk N A Pittsburgh Pa 2.6% 2020-07-21United States1.11
Goldman Sachs Grp 5.75% 2022-01-24United States1.11
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. 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.
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