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

Fund Report

MFS® Meridian Funds - Global Credit Fund WH1 GBP

Key Stats
Morningstar® CategoryGlobal Corporate Bond - GBP Hedged
Manager Name-
Inception Date01/02/2011
NAV 17/05/2018GBP 11.29
Day Change0.36%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/03/201824.09 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
Ongoing Cost0.75%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

Not Rated


Fund Benchmark

BBgBarc Gbl Agg Credit TR USD

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
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 WH1 GBP
  • Category: Global Corporate Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP
Trailing Returns % (GBP) 17/05/2018
3 Years Annualised1.681.662.14
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 Profile31/03/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.35
Cash & Equivalents5.02
Government Related1.95
Agency Mortgage Backed1.81
Asset Backed0.53
Top Holdings
IncreaseDecreaseNew since last portfolio
JPMorgan Chase & Co. 2.95% SNR PIDI NTS 01/10/2026 USD (SEC REGD) 2026-10-01United States1.45
Bank of America Corporation 3.248% SNR MTN 21/10/2027 USD (SEC REGD) (L) 2027-10-21United States1.37
Bank of America Corporation 2.625% SNR MTN 19/04/2021 USD (SEC REGD) (L) 2021-04-19United States1.34
UBS Group Funding (Switzerland) AG FXD-FRN SNR PIDI 15/08/2023 USD (144A) 2023-08-15Switzerland1.21
Bper Banca Spa FXD-FRN LOWER TIER II EMTN 31/05/2027 EUR (REGS) (12) 2027-05-31Italy1.10
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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