Continental European Equity Fund
THIS INFORMATION IS FOR MARKETING PURPOSES ONLY
Please note that this is an actively managed product.
Class W shares are available to discretionary portfolio management or independent advisory accounts, clients of financial intermediaries otherwise prohibited from receiving compensation from the Fund, and to employees of MFS and its affiliates.
Continental European Equity Fund
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in Euros.
INVESTMENT FOCUS
Flexibility to invest across market capitalizations and styles - country and sector weightings determined by research and security selection
Focuses on downside risk by assessing the quality of the business model and through rigorous valuation analysis
Looks for quality continental European companies which we believe have enduring competitive advantages and strong management team
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 27-Feb-2006
- Net Assets (€ M) As of 31-Mar-25 €68.03
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark MSCI Europe (ex-UK) Index (net div)
Share Class Information
- Class Inception 19-Feb-2025
- Net Asset Value (NAV) As of 24-Apr-25 £31.37
- Most Recent NAV Change As of 24-Apr-25 £0.10 | 0.32%
- ISIN LU2971678045
- SEDOL BT8SCG8
- WKN A40Z20
- Bloomberg MFCEWF1 LX
- CUSIP L6367C526
- Maximum Sales Charge --
- Benchmark MSCI Europe (ex-UK) Index (net div)
MANAGERS
Top 10 Holdings
- SAP SE
- Roche Holding AG
- Nestle SA
- Schneider Electric SE
- Linde PLC
- EssilorLuxottica SA
- Sanofi SA
- Deutsche Boerse AG
- Assa Abloy AB
- LVMH Moet Hennessy Louis Vuitton SE
Matthew Barrett, ASIP
Portfolio Manager
Matthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
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.
Benjamin Tingling, CAIA
Institutional Portfolio Manager
Benjamin Tingling is an institutional portfolio manager at MFS Investment Management (MFS). In this role, he participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. He also communicates investment policy, strategy and positioning. He is based in London.
Benjamin joined MFS in 2014 in his current role. He previously worked for Man Group Plc for six years, most recently as a derivatives and client on-boarding associate.
Benjamin earned a Bachelor of Science degree in economics and finance from Brunel University. He holds the Chartered Alternative Investment Analyst (CAIA) designation and an Investment Management Certificate (IMC).
Performance
- 12 Month Total Returns
- Average Annual Total Returns
- Annual Rate of Return
- Pricing & Distributions
- Performance Attribution
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 WF1 Shares, British Pounds at NAV | 28.24 | 9.54 | 11.07 | 7.85 | 1.98 | 1.90 | 19-Feb-2025 |
| MSCI Europe (ex-UK) Index (net div) | 33.51 | 5.45 | 8.62 | 12.65 | 2.51 | - | - |
| 12 month period ending: | Class WF1 Shares, British Pounds at NAV | |
|---|---|---|
| 31-Mar-21 or Life | 28.24 | |
| 31-Mar-22 | 9.54 | |
| 31-Mar-23 | 11.07 | |
| 31-Mar-24 | 7.85 | |
| 31-Mar-25 | 1.98 | |
| YTD % | 1.90 | |
| Class Inception | 19-Feb-2025 | 19-Feb-2025 |
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
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
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: MSCI Europe (ex-UK) Index (net div)|
Life
|
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 9.75 | 8.72 | 19.32 | 19.87 | -3.65 | 21.24 | 9.28 | 19.78 | -5.27 | 11.60 | 3.17 |
| MSCI Europe (ex-UK) Index (net div) | - | 5.11 | 18.62 | 15.84 | -9.87 | 19.99 | 7.49 | 16.73 | -7.62 | 14.83 | 1.94 |
| At NAV | MSCI Europe (ex-UK) Index (net div) | |
|---|---|---|
| 2024 | 3.17 | 1.94 |
| 2023 | 11.6 | 14.83 |
| 2022 | -5.27 | -7.62 |
| 2021 | 19.78 | 16.73 |
| 2020 | 9.28 | 7.49 |
| 2019 | 21.24 | 19.99 |
| 2018 | -3.65 | -9.87 |
| 2017 | 19.87 | 15.84 |
| 2016 | 19.32 | 18.62 |
| 2015 | 8.72 | 5.11 |
| 9.75 | - |
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
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: 24-Apr-25
- Net Asset Value (NAV): £31.37
- Change (£) (since 23-Apr-25): 0.10
- Change (%) (since 23-Apr-25): 0.32
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Distributions
Performance Attribution
GuideAvailable approximately 15 or 25 days after month end
Available approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
-
Overview
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in Euros.
INVESTMENT FOCUS
Flexibility to invest across market capitalizations and styles - country and sector weightings determined by research and security selection
Focuses on downside risk by assessing the quality of the business model and through rigorous valuation analysis
Looks for quality continental European companies which we believe have enduring competitive advantages and strong management team
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 27-Feb-2006
- Net Assets (€ M) As of 31-Mar-25 €68.03
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark MSCI Europe (ex-UK) Index (net div)
Share Class Information
- Class Inception 19-Feb-2025
- Net Asset Value (NAV) As of 24-Apr-25 £31.37
- Most Recent NAV Change As of 24-Apr-25 £0.10 | 0.32%
- ISIN LU2971678045
- SEDOL BT8SCG8
- WKN A40Z20
- Bloomberg MFCEWF1 LX
- CUSIP L6367C526
- Maximum Sales Charge --
- Benchmark MSCI Europe (ex-UK) Index (net div)
MANAGERS
Top 10 Holdings
As of 31-Mar-25- SAP SE
- Roche Holding AG
- Nestle SA
- Schneider Electric SE
- Linde PLC
- EssilorLuxottica SA
- Sanofi SA
- Deutsche Boerse AG
- Assa Abloy AB
- LVMH Moet Hennessy Louis Vuitton SE
Matthew Barrett, ASIP
Portfolio Manager
29YEARS WITH INDUSTRY
16YEARS WITH PORTFOLIOMatthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
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.
Benjamin Tingling, CAIA
Institutional Portfolio Manager
19YEARS WITH INDUSTRY
7YEARS WITH PORTFOLIOBenjamin Tingling is an institutional portfolio manager at MFS Investment Management (MFS). In this role, he participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. He also communicates investment policy, strategy and positioning. He is based in London.
Benjamin joined MFS in 2014 in his current role. He previously worked for Man Group Plc for six years, most recently as a derivatives and client on-boarding associate.
Benjamin earned a Bachelor of Science degree in economics and finance from Brunel University. He holds the Chartered Alternative Investment Analyst (CAIA) designation and an Investment Management Certificate (IMC). -
Performance
Performance
- 12 Month Total Returns
- Average Annual Total Returns
- Annual Rate of Return
- Pricing & Distributions
- Performance Attribution
12 Month Total Returns12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Mar-25 [updated monthly]12 month period ending: 31-Mar-21or Life31-Mar-22 31-Mar-23 31-Mar-24 31-Mar-25 YTD % Class Inception Class WF1 Shares, British Pounds at NAV 28.24 9.54 11.07 7.85 1.98 1.90 19-Feb-2025 MSCI Europe (ex-UK) Index (net div) 33.51 5.45 8.62 12.65 2.51 - - 12 month period ending: Class WF1 Shares, British Pounds at NAV 31-Mar-21 or Life 28.24 31-Mar-22 9.54 31-Mar-23 11.07 31-Mar-24 7.85 31-Mar-25 1.98 YTD % 1.90 Class Inception 19-Feb-2025 19-Feb-2025 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
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 (%)
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
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: MSCI Europe (ex-UK) Index (net div)annual rate of return table Life2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 9.75 8.72 19.32 19.87 -3.65 21.24 9.28 19.78 -5.27 11.60 3.17 MSCI Europe (ex-UK) Index (net div) - 5.11 18.62 15.84 -9.87 19.99 7.49 16.73 -7.62 14.83 1.94 At NAV MSCI Europe (ex-UK) Index (net div) 2024 3.17 1.94 2023 11.6 14.83 2022 -5.27 -7.62 2021 19.78 16.73 2020 9.28 7.49 2019 21.24 19.99 2018 -3.65 -9.87 2017 19.87 15.84 2016 19.32 18.62 2015 8.72 5.11 9.75 - 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
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: 24-Apr-25
- Net Asset Value (NAV): £31.37
- Change (£) (since 23-Apr-25): 0.10
- Change (%) (since 23-Apr-25): 0.32
- 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
There are no distributions for this share class or distributions are currently not availablePerformance AttributionPerformance Attribution
GuideAvailable approximately 15 or 25 days after month end
Quarterly AttributionAvailable approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
Calendar YearNo Data Available