Global Research Focused 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.
Global Research Focused Fund
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in US dollars.
INVESTMENT FOCUS
Fundamental, bottom-up approach predicated upon stock selection as the key drivers of return over the long-term
Integrated risk management process, from security selection to portfolio construction
Sector neutral, but broadly diversified across region, industries and market capitalization
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 26-Sep-2005
- Net Assets (US$ M) As of 31-Mar-25 US$118.18
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark MSCI All Country World Index (net div)
Share Class Information
- Class Inception 19-Feb-2025
- Net Asset Value (NAV) As of 24-Apr-25 $387.51
- Most Recent NAV Change As of 24-Apr-25 $8.14 | 2.15%
- ISIN LU2971679878
- SEDOL BT8SD10
- WKN A40Z2G
- Bloomberg MFGRI1U LX
- CUSIP L6367C682
- Maximum Sales Charge --
- Benchmark MSCI All Country World Index (net div)
MANAGERS
Top 10 Holdings
- Microsoft Corp
- Amazon.com Inc
- Hitachi Ltd
- Meta Platforms Inc
- Taiwan Semiconductor Manufacturing Co Ltd ADR
- Visa Inc
- Linde PLC
- Iberdrola SA
- NatWest Group PLC
- Euronext NV
Akira Fuse, CMA
General Oversight
Akira Fuse, CMA, is an investment officer and institutional equity 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 Japan. Akira joined MFS in 2019 in his current role. He previously served as an investment director at Capital Group for eleven years. Prior to that, he was the head of product management, international at Schroder Investment Management for three years, a global equity portfolio manager at Deutsche Asset Management for five years, a portfolio manager for non-Japan equity at IBJ NW Asset Management for three years and a portfolio manager at Sumitomo Life Insurance Company for nine years. He began his career in the financial services industry in 1988. Akira earned a Bachelor of Arts degree in economics from Osaka Prefecture University. He holds the Chartered Member of the Securities Analysts Association of Japan (CMA) designation.
James Keating, CFA
General Oversight
James Keating, CFA, is an investment officer and institutional equity 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 Toronto. James joined MFS in 2007 as an equity research analyst and assumed his current role in 2014. Prior to MFS, he spent five years covering Canadian financial services stocks at RBC Dominion Securities and eight years as an analyst covering financial services at Merrill Lynch Canada. He previously worked for Nesbitt Thomson, Citibank (Canada) and Deloitte Haskins & Sells. He began his career in the financial services industry in 1983. James earned a Bachelor of Commerce degree in economics and computer science from the University of Toronto. He also holds the Chartered Financial Analyst (CFA) designation.
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 IF1 Shares, US Dollars at NAV | 45.86 | 2.83 | -8.15 | 21.90 | 3.41 | -4.40 | 19-Feb-2025 |
| MSCI All Country World Index (net div) | 54.60 | 7.28 | -7.44 | 23.22 | 7.15 | - | - |
| 12 month period ending: | Class IF1 Shares, US Dollars at NAV | |
|---|---|---|
| 31-Mar-21 or Life | 45.86 | |
| 31-Mar-22 | 2.83 | |
| 31-Mar-23 | -8.15 | |
| 31-Mar-24 | 21.90 | |
| 31-Mar-25 | 3.41 | |
| YTD % | -4.40 | |
| 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
Class I1 Roll-Up shares do not pay distributions to shareholders.
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 I1 Roll-Up shares do not pay distributions to shareholders.
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 All Country World Index (net div)|
Life
|
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 7.20 | -1.05 | 4.41 | 24.66 | -8.63 | 30.55 | 14.52 | 14.97 | -17.92 | 17.91 | 13.88 |
| MSCI All Country World Index (net div) | - | -2.36 | 7.86 | 23.97 | -9.41 | 26.60 | 16.25 | 18.54 | -18.36 | 22.20 | 17.49 |
| At NAV | MSCI All Country World Index (net div) | |
|---|---|---|
| 2024 | 13.88 | 17.49 |
| 2023 | 17.91 | 22.2 |
| 2022 | -17.92 | -18.36 |
| 2021 | 14.97 | 18.54 |
| 2020 | 14.52 | 16.25 |
| 2019 | 30.55 | 26.6 |
| 2018 | -8.63 | -9.41 |
| 2017 | 24.66 | 23.97 |
| 2016 | 4.41 | 7.86 |
| 2015 | -1.05 | -2.36 |
| 7.2 | - |
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 I1 Roll-Up shares do not pay distributions to shareholders.
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): $387.51
- Change ($) (since 23-Apr-25): 8.14
- Change (%) (since 23-Apr-25): 2.15
- 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 US dollars.
INVESTMENT FOCUS
Fundamental, bottom-up approach predicated upon stock selection as the key drivers of return over the long-term
Integrated risk management process, from security selection to portfolio construction
Sector neutral, but broadly diversified across region, industries and market capitalization
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 26-Sep-2005
- Net Assets (US$ M) As of 31-Mar-25 US$118.18
- Fiscal Year End JANUARY
- SFDR Classification Article 8
- Benchmark MSCI All Country World Index (net div)
Share Class Information
- Class Inception 19-Feb-2025
- Net Asset Value (NAV) As of 24-Apr-25 $387.51
- Most Recent NAV Change As of 24-Apr-25 $8.14 | 2.15%
- ISIN LU2971679878
- SEDOL BT8SD10
- WKN A40Z2G
- Bloomberg MFGRI1U LX
- CUSIP L6367C682
- Maximum Sales Charge --
- Benchmark MSCI All Country World Index (net div)
MANAGERS
Top 10 Holdings
As of 31-Mar-25- Microsoft Corp
- Amazon.com Inc
- Hitachi Ltd
- Meta Platforms Inc
- Taiwan Semiconductor Manufacturing Co Ltd ADR
- Visa Inc
- Linde PLC
- Iberdrola SA
- NatWest Group PLC
- Euronext NV
Akira Fuse, CMA
General Oversight
37YEARS WITH INDUSTRY
5YEARS WITH PORTFOLIOAkira Fuse, CMA, is an investment officer and institutional equity 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 Japan. Akira joined MFS in 2019 in his current role. He previously served as an investment director at Capital Group for eleven years. Prior to that, he was the head of product management, international at Schroder Investment Management for three years, a global equity portfolio manager at Deutsche Asset Management for five years, a portfolio manager for non-Japan equity at IBJ NW Asset Management for three years and a portfolio manager at Sumitomo Life Insurance Company for nine years. He began his career in the financial services industry in 1988. Akira earned a Bachelor of Arts degree in economics from Osaka Prefecture University. He holds the Chartered Member of the Securities Analysts Association of Japan (CMA) designation.
James Keating, CFA
General Oversight
33YEARS WITH INDUSTRY
11YEARS WITH PORTFOLIOJames Keating, CFA, is an investment officer and institutional equity 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 Toronto. James joined MFS in 2007 as an equity research analyst and assumed his current role in 2014. Prior to MFS, he spent five years covering Canadian financial services stocks at RBC Dominion Securities and eight years as an analyst covering financial services at Merrill Lynch Canada. He previously worked for Nesbitt Thomson, Citibank (Canada) and Deloitte Haskins & Sells. He began his career in the financial services industry in 1983. James earned a Bachelor of Commerce degree in economics and computer science from the University of Toronto. He also holds the Chartered Financial Analyst (CFA) designation.
-
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 IF1 Shares, US Dollars at NAV 45.86 2.83 -8.15 21.90 3.41 -4.40 19-Feb-2025 MSCI All Country World Index (net div) 54.60 7.28 -7.44 23.22 7.15 - - 12 month period ending: Class IF1 Shares, US Dollars at NAV 31-Mar-21 or Life 45.86 31-Mar-22 2.83 31-Mar-23 -8.15 31-Mar-24 21.90 31-Mar-25 3.41 YTD % -4.40 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
Class I1 Roll-Up shares do not pay distributions to shareholders.
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
Class I1 Roll-Up shares do not pay distributions to shareholders.
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 All Country World Index (net div)annual rate of return table Life2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 7.20 -1.05 4.41 24.66 -8.63 30.55 14.52 14.97 -17.92 17.91 13.88 MSCI All Country World Index (net div) - -2.36 7.86 23.97 -9.41 26.60 16.25 18.54 -18.36 22.20 17.49 At NAV MSCI All Country World Index (net div) 2024 13.88 17.49 2023 17.91 22.2 2022 -17.92 -18.36 2021 14.97 18.54 2020 14.52 16.25 2019 30.55 26.6 2018 -8.63 -9.41 2017 24.66 23.97 2016 4.41 7.86 2015 -1.05 -2.36 7.2 - 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 I1 Roll-Up shares do not pay distributions to shareholders.
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): $387.51
- Change ($) (since 23-Apr-25): 8.14
- Change (%) (since 23-Apr-25): 2.15
- 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