Euro Credit Fund
THIS INFORMATION IS FOR MARKETING PURPOSES ONLY
Please note that this is an actively managed product.
Class I shares are only available to certain qualifying institutional investors.
Effective after the close of business on October 31, 2024, Class IF1EUR and IF2EUR of Meridian Euro Credit Fund will be closed to purchases from new eligible investors subject to certain exceptions.
Euro Credit Fund
INVESTMENT OBJECTIVE
Seeks total return, with an emphasis on current income but also considering capital appreciation, measured in Euros.
INVESTMENT FOCUS
Experienced portfolio management team benefitting from collaborative global fixed income platform
Idea generation based on intensive fundamental research with a focus on bottom-up security selection and seeking to avoid adverse credit events
May have limited high-yield, international and/or emerging market debt (mostly currency hedged to euros)
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Geographic: Because the portfolio may invest a substantial amount of its assets in issuers located in a single country or in a limited number of countries, it may be more volatile than a portfolio that is more geographically diversified.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 15-Feb-2019
- Net Assets (€ M) As of 31-Mar-25 €607.20
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark Bloomberg Euro Aggregate Corporate Index
Share Class Information
- Class Inception 09-Oct-2024
- Net Asset Value (NAV) As of 23-Apr-25 €111.80
- Most Recent NAV Change As of 23-Apr-25 €0.04 | 0.04%
- ISIN LU2898291054
- SEDOL BSZ7DN5
- WKN A40NNW
- Bloomberg MFSMCIF LX
- CUSIP L6368D101
- Maximum Sales Charge --
- Benchmark Bloomberg Euro Aggregate Corporate Index
MANAGERS
Top 10 Holdings
- Euro Schatz 2Yr Future JUN 06 25
- Highland Holdings Sarl 2.875% NOV 19 27
- AbbVie Inc 2.125% NOV 17 28
- Svenska Handelsbanken AB RegS 3.375% FEB 17 28
- Tesco Corporate Treasury Services PLC RegS 5.125% MAY 22 34
- BP Capital Markets PLC RegS 0.831% NOV 08 27
- Itraxx Eur Xover Ser 42 V2 Payer 325.00 MAY 21 25*
- Itraxx Eur Xover Ser 42 V2 Payer 325.00 MAY 21 25*
- GB Govt Bond 10Yr Future JUN 26 25*
- UST Bond 5Yr Future JUN 30 25*
Pilar Gomez-Bravo, CFA
Portfolio Manager
Pilar Gomez-Bravo, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, she has joint oversight of MFS' global fixed income team and works collaboratively with MFS' investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve the firm's clients globally. She is also a fixed income portfolio manager with oversight of the firm's Global Aggregate and Global Credit portfolio management teams. She is based in MFS' London office. Pilar joined MFS in 2013 as a portfolio manager from Imperial Capital, where she served as a managing director. She was named director of Fixed Income -- Europe in 2017 before being named co-CIO in 2023. She previously served as a portfolio manager and head of research at Negentropy Capital, within Matrix Asset Management, and cofounded Marengo Asset Management. From 2006 through 2010, she served as a senior portfolio manager and head of credit, Europe, for Neuberger Berman. She began her career in financial services at Lehman Brothers in 1997 and spent nine years with the firm, including serving as head of investment grade credit research for Europe. Pilar earned the equivalent of an LL.B degree in Law and a Bachelor of Science degree in Economics and Business Science from Universidad Pontificia Comillas (ICADE E-3, Spain). She also earned a Master of Business Administration degree from the Massachusetts Institute of Technology's Sloan School of Management. She has held the Chartered Financial Analyst designation since 2000.
Andy Li, CFA
Portfolio Manager
Andy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst designation.
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.
Owen David Murfin, CFA
Institutional Portfolio Manager
Owen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst designation.
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.
Performance
12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Mar-25 [updated monthly]| 12 month period ending: |
31-Mar-21
or Life
|
31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Mar-25 | YTD % * | Class Inception |
|---|---|---|---|---|---|---|---|
| Class IF2 Shares, Euros at NAV | 12.33 | -5.69 | -7.82 | 10.28 | 4.86 | 1.12 | 09-Oct-2024 |
| Bloomberg Euro Aggregate Corporate Index | 8.76 | -5.23 | -7.55 | 6.82 | 4.24 | - | - |
| 12 month period ending: | Class IF2 Shares, Euros at NAV | |
|---|---|---|
| 31-Mar-21 or Life | 12.33 | |
| 31-Mar-22 | -5.69 | |
| 31-Mar-23 | -7.82 | |
| 31-Mar-24 | 10.28 | |
| 31-Mar-25 | 4.86 | |
| YTD % * | 1.12 | |
| Class Inception | 09-Oct-2024 | 09-Oct-2024 |
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Average Annual Total Returns (%)
Average Annual Total Returns (%)
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Annual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: Bloomberg Euro Aggregate Corporate Index|
Life
|
2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| At NAV | 1.95 | 5.56 | 0.36 | -15.03 | 10.86 | 6.32 |
| Bloomberg Euro Aggregate Corporate Index | - | 2.77 | -0.97 | -13.65 | 8.19 | 4.74 |
| At NAV | Bloomberg Euro Aggregate Corporate Index | |
|---|---|---|
| 2024 | 6.32 | 4.74 |
| 2023 | 10.86 | 8.19 |
| 2022 | -15.03 | -13.65 |
| 2021 | 0.36 | -0.97 |
| 2020 | 5.56 | 2.77 |
| 1.95 | - |
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Pricing History
- NAV at Close of Trading on: 23-Apr-25
- Net Asset Value (NAV): €111.80
- Change (€) (since 22-Apr-25): 0.04
- Change (%) (since 22-Apr-25): 0.04
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Updated daily as of 23-Apr-25
| Record Date | Ex-Date | Payable Date | Rate per Share (€) | Reinvestment NAV (€) |
|---|---|---|---|---|
| 28-Mar-25 | 31-Mar-25 | 01-Apr-25 | 0.35663 | 110.76 |
| 27-Feb-25 | 28-Feb-25 | 03-Mar-25 | 0.31510 | 112.34 |
| 30-Jan-25 | 31-Jan-25 | 03-Feb-25 | 0.34589 | 111.99 |
| 30-Dec-24 | 31-Dec-24 | 02-Jan-25 | 0.34718 | 111.61 |
| 27-Nov-24 | 29-Nov-24 | 02-Dec-24 | 0.32419 | 112.40 |
| 30-Oct-24 | 31-Oct-24 | 04-Nov-24 | 0.13970 | 110.87 |
-
Overview
INVESTMENT OBJECTIVE
Seeks total return, with an emphasis on current income but also considering capital appreciation, measured in Euros.
INVESTMENT FOCUS
Experienced portfolio management team benefitting from collaborative global fixed income platform
Idea generation based on intensive fundamental research with a focus on bottom-up security selection and seeking to avoid adverse credit events
May have limited high-yield, international and/or emerging market debt (mostly currency hedged to euros)
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Geographic: Because the portfolio may invest a substantial amount of its assets in issuers located in a single country or in a limited number of countries, it may be more volatile than a portfolio that is more geographically diversified.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 15-Feb-2019
- Net Assets (€ M) As of 31-Mar-25 €607.20
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark Bloomberg Euro Aggregate Corporate Index
Share Class Information
- Class Inception 09-Oct-2024
- Net Asset Value (NAV) As of 23-Apr-25 €111.80
- Most Recent NAV Change As of 23-Apr-25 €0.04 | 0.04%
- ISIN LU2898291054
- SEDOL BSZ7DN5
- WKN A40NNW
- Bloomberg MFSMCIF LX
- CUSIP L6368D101
- Maximum Sales Charge --
- Benchmark Bloomberg Euro Aggregate Corporate Index
MANAGERS
Top 10 Holdings
As of 31-Mar-25- Euro Schatz 2Yr Future JUN 06 25
- Highland Holdings Sarl 2.875% NOV 19 27
- AbbVie Inc 2.125% NOV 17 28
- Svenska Handelsbanken AB RegS 3.375% FEB 17 28
- Tesco Corporate Treasury Services PLC RegS 5.125% MAY 22 34
- BP Capital Markets PLC RegS 0.831% NOV 08 27
- Itraxx Eur Xover Ser 42 V2 Payer 325.00 MAY 21 25*
- Itraxx Eur Xover Ser 42 V2 Payer 325.00 MAY 21 25*
- GB Govt Bond 10Yr Future JUN 26 25*
- UST Bond 5Yr Future JUN 30 25*
Pilar Gomez-Bravo, CFA
Portfolio Manager
VIEW FULL PROFILE28YEARS WITH INDUSTRY
6YEARS WITH PORTFOLIOPilar Gomez-Bravo, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, she has joint oversight of MFS' global fixed income team and works collaboratively with MFS' investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve the firm's clients globally. She is also a fixed income portfolio manager with oversight of the firm's Global Aggregate and Global Credit portfolio management teams. She is based in MFS' London office. Pilar joined MFS in 2013 as a portfolio manager from Imperial Capital, where she served as a managing director. She was named director of Fixed Income -- Europe in 2017 before being named co-CIO in 2023. She previously served as a portfolio manager and head of research at Negentropy Capital, within Matrix Asset Management, and cofounded Marengo Asset Management. From 2006 through 2010, she served as a senior portfolio manager and head of credit, Europe, for Neuberger Berman. She began her career in financial services at Lehman Brothers in 1997 and spent nine years with the firm, including serving as head of investment grade credit research for Europe. Pilar earned the equivalent of an LL.B degree in Law and a Bachelor of Science degree in Economics and Business Science from Universidad Pontificia Comillas (ICADE E-3, Spain). She also earned a Master of Business Administration degree from the Massachusetts Institute of Technology's Sloan School of Management. She has held the Chartered Financial Analyst designation since 2000.
Andy Li, CFA
Portfolio Manager
20YEARS WITH INDUSTRY
6YEARS WITH PORTFOLIOAndy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst designation.
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.
Owen David Murfin, CFA
Institutional Portfolio Manager
28YEARS WITH INDUSTRY
6YEARS WITH PORTFOLIOOwen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst designation.
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. -
Performance
Performance
12 Month Total Returns12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Mar-25 [updated monthly]These results represent the percent change in net asset value.12 month period ending: 31-Mar-21or Life31-Mar-22 31-Mar-23 31-Mar-24 31-Mar-25 YTD % * Class Inception Class IF2 Shares, Euros at NAV 12.33 -5.69 -7.82 10.28 4.86 1.12 09-Oct-2024 Bloomberg Euro Aggregate Corporate Index 8.76 -5.23 -7.55 6.82 4.24 - - 12 month period ending: Class IF2 Shares, Euros at NAV 31-Mar-21 or Life 12.33 31-Mar-22 -5.69 31-Mar-23 -7.82 31-Mar-24 10.28 31-Mar-25 4.86 YTD % * 1.12 Class Inception 09-Oct-2024 09-Oct-2024 Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Average Annual Total ReturnsAverage Annual Total Returns (%)
Average Annual Total Returns (%)
These results represent the percent change in net asset value.Updated monthly as of 31-Mar-25Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Annual Rate of ReturnAnnual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: Bloomberg Euro Aggregate Corporate Indexannual rate of return table Life2020 2021 2022 2023 2024 At NAV 1.95 5.56 0.36 -15.03 10.86 6.32 Bloomberg Euro Aggregate Corporate Index - 2.77 -0.97 -13.65 8.19 4.74 At NAV Bloomberg Euro Aggregate Corporate Index 2024 6.32 4.74 2023 10.86 8.19 2022 -15.03 -13.65 2021 0.36 -0.97 2020 5.56 2.77 1.95 - Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I2 Income shares provide shareholders the option to receive or reinvest distributions earned by the fund.
The MFS Meridian Funds offer several share classes each with different expenses. Performance reflects the performance of a relevant older class with the same currency until the class inception date of the class detailed. Performance for periods prior to that date may have been higher or lower had the actual share class fees and expenses been reflected.
Please note that these share classes will be available for investment up until the fund reaches AUM of $200 million, at which point the Founders Class will be soft-closed.
At this time these share classes will only be available in a limited selection of currencies.
Pricing & DistributionsPricing History
- NAV at Close of Trading on: 23-Apr-25
- Net Asset Value (NAV): €111.80
- Change (€) (since 22-Apr-25): 0.04
- Change (%) (since 22-Apr-25): 0.04
- Market Price (MP):
Maximum data displayed is for the most recent 10 yearsHistorical NAV LookupEnter date for which you wish to obtain a Historical NAV for this fundHistorical NAV may not be available for all dates.
Historical MP LookupEnter date for which you wish to obtain a Historical MP for this fundHistorical MP may not be available for all dates.
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Updated daily as of 23-Apr-25
Record Date Ex-Date Payable Date Rate per Share (€) Reinvestment NAV (€) 28-Mar-25 31-Mar-25 01-Apr-25 0.35663 110.76 27-Feb-25 28-Feb-25 03-Mar-25 0.31510 112.34 30-Jan-25 31-Jan-25 03-Feb-25 0.34589 111.99 30-Dec-24 31-Dec-24 02-Jan-25 0.34718 111.61 27-Nov-24 29-Nov-24 02-Dec-24 0.32419 112.40 30-Oct-24 31-Oct-24 04-Nov-24 0.13970 110.87