MFS Meridian Emerg Mkts Dbt I2 GBP (FUND:B8KGBP5) - Overview

Fund Report

MFS® Meridian Funds - Emerging Markets Debt Fund Class I2 GBP

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond
Manager Name-
Inception Date24/08/2012
NAV 02/12/2016GBP 113.37
Day Change-0.64%
12 Month Yield4.55%
ISINLU0808560592
SEDOLB8KGBP5
Dividend FrequencyMonthly
Net Assets (mil) 31/10/20163,430.26 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.88%
AMC0.80%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

JPM EMBI Global TR USD

Morningstar® Benchmark

JPM EMBI Global TR USD

Morningstar Analyst Rating™ *

Bronze

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

How has this security performed
20122013201420152016
Fund--8.4710.533.6326.55
Category--7.206.541.5427.19
Benchmark--8.3212.097.0928.15
  • Fund: MFS® Meridian Funds - Emerging Markets Debt Fund Class I2 GBP
  • Category: Global Emerging Markets Bond
  • Benchmark: JPM EMBI Global TR USD
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD24.4324.5425.41
3 Years Annualised12.3811.2114.51
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, measured in U.S. dollars. The Fund invests primarily (at least 70%) in emerging market debt instruments. The Fund generally focuses its investments in U.S. dollar denominated emerging market debt instruments but may also invest in emerging market debt instruments issued in other currencies. Such emerging market countries are located in Latin America, Asia, Africa, the Middle East, and the developing countries of Europe, primarily Eastern Europe. The Fund generally focuses its investments in government and government-related debt instruments but may also invest in corporate debt instruments. The Fund may invest all of its assets in below investment grade debt instruments. The Fund may invest a relatively large percentage of the Fund’s assets in a small number of countries and/ 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
Bonds90.660.0190.65
Cash12.063.178.89
Other0.460.000.46
Top Fixed Income Sectors
Fixed Income Sector%
Government54.01
Corporate Bond34.00
Cash & Equivalents9.12
Government Related2.34
Municipal (Taxable)0.29
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseUnited Mexican Sts Mtn Be 4% 2023-10-02Mexico1.54
DecreaseArgentine Republic 7.5% 2026-04-22Argentina1.27
DecreaseDev Bk Of Kazakhstan 4.125% 2022-12-10Kazakhstan1.25
United Mexican Sts Mtn Be 3.625% 2022-03-15Mexico1.24
Argentine Republic 7% 2017-04-17Argentina1.24
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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