Prudent Wealth Fund
THIS INFORMATION IS FOR MARKETING PURPOSES ONLY
Please note that this is an actively managed product.
Effective 01 August 2016 this fund is closed to new investors, with very limited exceptions.
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Fact Sheet - Documents
Prudent Wealth Fund
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in US dollars.
INVESTMENT FOCUS
Concentrated portfolio of global stocks; with the flexibility to invest without limit in debt securities
May use cash, derivatives, and other fixed income instruments to manage equity market exposure and downside risk
Seeks to invest in undervalued, quality companies based on a fundamental, bottom-up approach
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
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.
Value: The portfolio's investments can continue to be undervalued for long periods of time, not realize their expected value, and be more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 04-Mar-2008
- Net Assets (US$ M) As of 31-Oct-24 US$ 2297.63
- Fiscal Year End JANUARY
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SFDR Classification
Article 8
Article 6: Integrates sustainability risks into the investment process.
Article 8: Systematically promotes a stated environmental or social characteristic and provides enhanced disclosure accordingly.
Article 9: Typically for "impact" funds, which have a dual objective of financial return and specific environmental or social outcomes.
- Benchmark MSCI World Index (net div)
Share Class Information
- Class Inception 04-Mar-2008
- Net Asset Value (NAV) As of 20-Nov-24 $22.02
- Most Recent NAV Change As of 20-Nov-24 $0.07 | 0.32%
- ISIN LU0337786437
- SEDOL B2NBHT1
- WKN A0NAAQ
- Bloomberg MFGCAUS LX
- CUSIP L6365R244
- Maximum Sales Charge 6%
- Benchmark MSCI World Index (net div)
MANAGERS
Fund Positioning (%)
| Active Security Selection | Derivative Positions 1 | Net Exposure | |
|---|---|---|---|
| Equity | 64.60% | 63.92% | |
| Gold Related Investments | 6.02% | ||
| -6.71% | |||
| Russell 2000 Index Option PUT(s)* | |||
| Russell 2000 Index DEC 20 24 P1350* | -0.03% | ||
| Russell 2000 Index DEC 19 25 P1400* | -0.25% | ||
| Russell 2000 Index JUN 20 25 P1700* | -0.40% | ||
| Euro Stoxx 50 Index Option PUT(s) | |||
| Euro Stoxx 50 Index Option JUN 20 25 P3600 OTC* | -0.34% | ||
| Euro Stoxx 50 Index Option SEP 19 25 P3500 OTC* | -0.36% | ||
| Euro Stoxx 50 Index PUT(s) | |||
| Euro Stoxx 50 Index SEP 19 25 P3800 OTC* | -0.74% | ||
| Euro Stoxx 50 Index DEC 19 25 P4000 OTC* | -1.06% | ||
| Standard and Poors 500 Index Option PUT(s)* | |||
| Standard & Poors Index Option MAR 21 25 P4600 OTC* | 0.36% | ||
| Standard & Poors 500 Index DEC 19 25 P3700* | -0.31% | ||
| Standard & Poors 500 Index JUN 20 25 P4800* | -0.93% | ||
| Standard & Poors Index Option MAR 21 25 P5400 OTC* | -1.19% | ||
| Standard & Poors 500 Index MAR 21 25 P5200* | -1.46% | ||
| Debt Instruments, excluding Short-Term Government Securities | 9.13% | 9.13% | |
| Cash, Cash Equivalents, and Short-Term Government Securities2 | 19.00% | ||
| Other3 | 7.96% | ||
| Total Net Exposure Summary | 100.00% | ||
Market exposure of derivative position utilized to adjust fund market exposure.
David Cole, CFA
Portfolio Manager
David P. Cole, CFA, is an investment officer of MFS Investment Management® (MFS®). He is also a co-portfolio manager of the firm's high-yield portfolios.
David joined MFS in 2004 after working for five years as a high-yield analyst for Franklin Templeton Investments. Before that, he served as a financial economist/Treasury market analyst for Thomson Financial Services and an economist for Standard and Poor's.
David has a bachelor's degree from Cornell University and an MBA from University of California, Berkeley. He holds the Chartered Financial Analyst (CFA) 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.
Shanti Das-Wermes
Portfolio Manager
Shanti Das-Wermes is an investment officer, equity research analyst, sector leader and portfolio manager at MFS Investment Management® (MFS®). As an analyst, he is responsible for identifying the most attractive investment opportunities in his assigned universe and works closely with portfolio managers to ensure investment ideas are properly positioned within MFS portfolios. Within the Prudent strategies, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He is based in London. Shanti joined MFS in 2011 after participating in the firm's MBA analyst intern program. He assumed international financial sector leadership in 2019 and assumed portfolio manager responsibilities in 2022. Prior analyst coverage included consumer staples, building materials & infrastructure, telecoms & cable as well as banks and diversified financials. He was previously an associate with Audax Private Equity for two years and served as a business analyst at McKinsey & Company for two years. Shanti attended the London School of Economics and earned a Summa Cum Laude Bachelor of Arts degree in Economics and Political Science from Indiana University and a Master of Business Administration degree from Harvard Business School.
Edward Dearing
Portfolio Manager
Edward J. Dearing is an investment officer and equity portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk and cash management. He also participates in the research process and strategy discussions. He is based in London.
Edward joined MFS in 2014 as an equity research analyst and took on portfolio management responsibilities for the firm's Prudent Capital strategy in 2018. Prior to joining the firm, he worked at Deutsche Bank AG. Before that, he worked for three years as an attorney with Covington & Burling LLP and for three years at Clifford Chance LLP.
Edward earned his Master of Arts degree in Law with honors from Cambridge University and a Master of Business Administration degree from the London Business School.
Performance
12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Oct-24 [updated monthly]| 12 month period ending: |
31-Oct-20
or Life
Life performance is only shown when 5 years of performance is not available. |
31-Oct-21 | 31-Oct-22 | 31-Oct-23 | 31-Oct-24 | YTD % * | Class Inception |
|---|---|---|---|---|---|---|---|
| Class A1 Shares, US Dollars at NAV | 9.78 | 11.04 | -19.80 | 7.40 | 12.96 | 1.29 | 04-Mar-2008 |
| Class A1 Shares, US Dollars With Max Sales Charges | 3.20 | 4.38 | -24.61 | 0.95 | 6.18 | -4.79 | 04-Mar-2008 |
| MSCI World Index (net div) | 4.36 | 40.42 | -18.48 | 10.48 | 33.68 | - | - |
| 12 month period ending: | Class A1 Shares, US Dollars at NAV | Class A1 Shares, US Dollars With Max Sales Charges |
|---|---|---|
|
31-Oct-20
or Life
Life performance is only shown when 5 years of performance is not available. |
9.78 | 3.20 |
| 31-Oct-21 | 11.04 | 4.38 |
| 31-Oct-22 | -19.80 | -24.61 |
| 31-Oct-23 | 7.40 | 0.95 |
| 31-Oct-24 | 12.96 | 6.18 |
| YTD % * | 1.29 | -4.79 |
| Class Inception | 04-Mar-2008 | 04-Mar-2008 |
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 Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
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.
The Fund’s benchmark is indicated for performance (including volatility) comparison only.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.
Important Performance Information
The Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
Annual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-23 Benchmark: MSCI World Index (net div)|
Life
Life performance as of 31-Oct-24 |
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 4.93 | 1.08 | 6.01 | -1.82 | 18.08 | -1.22 | 13.73 | 15.08 | 2.97 | -16.57 | 13.94 |
| With Max Sales Charges | 4.55 | -4.98 | -0.35 | -7.71 | 10.99 | -7.15 | 6.91 | 8.17 | -3.21 | -21.58 | 7.10 |
| MSCI World Index (net div) | - | 4.94 | -0.87 | 7.51 | 22.40 | -8.71 | 27.67 | 15.90 | 21.82 | -18.14 | 23.79 |
| At NAV | With Max Sales Charges | MSCI World Index (net div) | |
|---|---|---|---|
| 2023 | 13.94 | 7.1 | 23.79 |
| 2022 | -16.57 | -21.58 | -18.14 |
| 2021 | 2.97 | -3.21 | 21.82 |
| 2020 | 15.08 | 8.17 | 15.9 |
| 2019 | 13.73 | 6.91 | 27.67 |
| 2018 | -1.22 | -7.15 | -8.71 |
| 2017 | 18.08 | 10.99 | 22.4 |
| 2016 | -1.82 | -7.71 | 7.51 |
| 2015 | 6.01 | -0.35 | -0.87 |
| 2014 | 1.08 | -4.98 | 4.94 |
|
Life
Life performance as of 31-Oct-24 |
4.93 | 4.55 | - |
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 Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
Pricing History
- NAV at Close of Trading on: 20-Nov-24
- Net Asset Value (NAV): $22.02
- Change ($) (since 19-Nov-24): 0.07
- Change (%) (since 19-Nov-24): 0.32
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Swing Pricing
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.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
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.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
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.
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Overview
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in US dollars.
INVESTMENT FOCUS
Concentrated portfolio of global stocks; with the flexibility to invest without limit in debt securities
May use cash, derivatives, and other fixed income instruments to manage equity market exposure and downside risk
Seeks to invest in undervalued, quality companies based on a fundamental, bottom-up approach
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
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.
Value: The portfolio's investments can continue to be undervalued for long periods of time, not realize their expected value, and be more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 04-Mar-2008
- Net Assets (US$ M) As of 31-Oct-24 US$ 2297.63
- Fiscal Year End JANUARY
-
SFDR Classification
Article 8
Article 6: Integrates sustainability risks into the investment process.
Article 8: Systematically promotes a stated environmental or social characteristic and provides enhanced disclosure accordingly.
Article 9: Typically for "impact" funds, which have a dual objective of financial return and specific environmental or social outcomes.
- Benchmark MSCI World Index (net div)
Share Class Information
- Class Inception 04-Mar-2008
- Net Asset Value (NAV) As of 20-Nov-24 $22.02
- Most Recent NAV Change As of 20-Nov-24 $0.07 | 0.32%
- ISIN LU0337786437
- SEDOL B2NBHT1
- WKN A0NAAQ
- Bloomberg MFGCAUS LX
- CUSIP L6365R244
- Maximum Sales Charge 6%
- Benchmark MSCI World Index (net div)
MANAGERS
Fund Positioning (%)
As of 31-Oct-24Active Security Selection Derivative Positions 1 Net Exposure Equity 64.60% 63.92% Gold Related Investments 6.02% -6.71% Russell 2000 Index Option PUT(s)* Russell 2000 Index DEC 20 24 P1350* -0.03% Russell 2000 Index DEC 19 25 P1400* -0.25% Russell 2000 Index JUN 20 25 P1700* -0.40% Euro Stoxx 50 Index Option PUT(s) Euro Stoxx 50 Index Option JUN 20 25 P3600 OTC* -0.34% Euro Stoxx 50 Index Option SEP 19 25 P3500 OTC* -0.36% Euro Stoxx 50 Index PUT(s) Euro Stoxx 50 Index SEP 19 25 P3800 OTC* -0.74% Euro Stoxx 50 Index DEC 19 25 P4000 OTC* -1.06% Standard and Poors 500 Index Option PUT(s)* Standard & Poors Index Option MAR 21 25 P4600 OTC* 0.36% Standard & Poors 500 Index DEC 19 25 P3700* -0.31% Standard & Poors 500 Index JUN 20 25 P4800* -0.93% Standard & Poors Index Option MAR 21 25 P5400 OTC* -1.19% Standard & Poors 500 Index MAR 21 25 P5200* -1.46% Debt Instruments, excluding Short-Term Government Securities 9.13% 9.13% Cash, Cash Equivalents, and Short-Term Government Securities2 19.00% Other3 7.96% Total Net Exposure Summary 100.00% 1Market exposure of derivative position utilized to adjust fund market exposure.
3Other. Other consists of: (i) currency derivatives and/or (ii) any derivative offsets.*Short positions, unlike long positions, lose value if the underlying asset gains value.
David Cole, CFA
Portfolio Manager
31YEARS WITH INDUSTRY
2YEARS WITH PORTFOLIODavid P. Cole, CFA, is an investment officer of MFS Investment Management® (MFS®). He is also a co-portfolio manager of the firm's high-yield portfolios.
David joined MFS in 2004 after working for five years as a high-yield analyst for Franklin Templeton Investments. Before that, he served as a financial economist/Treasury market analyst for Thomson Financial Services and an economist for Standard and Poor's.
David has a bachelor's degree from Cornell University and an MBA from University of California, Berkeley. He holds the Chartered Financial Analyst (CFA) 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.
Shanti Das-Wermes
Portfolio Manager
17YEARS WITH INDUSTRY
3YEARS WITH PORTFOLIOShanti Das-Wermes is an investment officer, equity research analyst, sector leader and portfolio manager at MFS Investment Management® (MFS®). As an analyst, he is responsible for identifying the most attractive investment opportunities in his assigned universe and works closely with portfolio managers to ensure investment ideas are properly positioned within MFS portfolios. Within the Prudent strategies, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He is based in London. Shanti joined MFS in 2011 after participating in the firm's MBA analyst intern program. He assumed international financial sector leadership in 2019 and assumed portfolio manager responsibilities in 2022. Prior analyst coverage included consumer staples, building materials & infrastructure, telecoms & cable as well as banks and diversified financials. He was previously an associate with Audax Private Equity for two years and served as a business analyst at McKinsey & Company for two years. Shanti attended the London School of Economics and earned a Summa Cum Laude Bachelor of Arts degree in Economics and Political Science from Indiana University and a Master of Business Administration degree from Harvard Business School.
Edward Dearing
Portfolio Manager
17YEARS WITH INDUSTRY
5YEARS WITH PORTFOLIOEdward J. Dearing is an investment officer and equity portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk and cash management. He also participates in the research process and strategy discussions. He is based in London.
Edward joined MFS in 2014 as an equity research analyst and took on portfolio management responsibilities for the firm's Prudent Capital strategy in 2018. Prior to joining the firm, he worked at Deutsche Bank AG. Before that, he worked for three years as an attorney with Covington & Burling LLP and for three years at Clifford Chance LLP.
Edward earned his Master of Arts degree in Law with honors from Cambridge University and a Master of Business Administration degree from the London Business School. -
Performance
Performance
12 Month Total Returns12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Oct-24 [updated monthly]These results represent the percent change in net asset value.*YTD Updated Daily as of 20-Nov-24, subject to revision and not annualized.12 month period ending: 31-Oct-20or LifeLife performance is only shown when 5 years of performance is not available.
31-Oct-21 31-Oct-22 31-Oct-23 31-Oct-24 YTD % * Class Inception Class A1 Shares, US Dollars at NAV 9.78 11.04 -19.80 7.40 12.96 1.29 04-Mar-2008 Class A1 Shares, US Dollars With Max Sales Charges 3.20 4.38 -24.61 0.95 6.18 -4.79 04-Mar-2008 MSCI World Index (net div) 4.36 40.42 -18.48 10.48 33.68 - - 12 month period ending: Class A1 Shares, US Dollars at NAV Class A1 Shares, US Dollars With Max Sales Charges 31-Oct-20 or Life Life performance is only shown when 5 years of performance is not available.
9.78 3.20 31-Oct-21 11.04 4.38 31-Oct-22 -19.80 -24.61 31-Oct-23 7.40 0.95 31-Oct-24 12.96 6.18 YTD % * 1.29 -4.79 Class Inception 04-Mar-2008 04-Mar-2008 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 A1 Front-End Roll-Up shares may be subject to a maximum 6% up-front sales charge and do not pay distributions to shareholders. The amount of sales charge payable may be negotiable with and may vary among Financial Intermediaries.The Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
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-Oct-24*YTD Updated Daily as of 20-Nov-24, subject to revision and not annualized.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.
The Fund’s benchmark is indicated for performance (including volatility) comparison only.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.
Important Performance Information
Class A1 Front-End Roll-Up shares may be subject to a maximum 6% up-front sales charge and do not pay distributions to shareholders. The amount of sales charge payable may be negotiable with and may vary among Financial Intermediaries.The Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
Annual Rate of ReturnAnnual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-23 Benchmark: MSCI World Index (net div)annual rate of return table LifeLife performance as of 31-Oct-24
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At NAV 4.93 1.08 6.01 -1.82 18.08 -1.22 13.73 15.08 2.97 -16.57 13.94 With Max Sales Charges 4.55 -4.98 -0.35 -7.71 10.99 -7.15 6.91 8.17 -3.21 -21.58 7.10 MSCI World Index (net div) - 4.94 -0.87 7.51 22.40 -8.71 27.67 15.90 21.82 -18.14 23.79 At NAV With Max Sales Charges MSCI World Index (net div) 2023 13.94 7.1 23.79 2022 -16.57 -21.58 -18.14 2021 2.97 -3.21 21.82 2020 15.08 8.17 15.9 2019 13.73 6.91 27.67 2018 -1.22 -7.15 -8.71 2017 18.08 10.99 22.4 2016 -1.82 -7.71 7.51 2015 6.01 -0.35 -0.87 2014 1.08 -4.98 4.94 LifeLife performance as of 31-Oct-24
4.93 4.55 - 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 A1 Front-End Roll-Up shares may be subject to a maximum 6% up-front sales charge and do not pay distributions to shareholders. The amount of sales charge payable may be negotiable with and may vary among Financial Intermediaries.The Fund's investment strategy was changed on 31 January 2011; performance shown prior to this date reflects the Fund's prior investment strategy.
Pricing & DistributionsPricing History
- NAV at Close of Trading on: 20-Nov-24
- Net Asset Value (NAV): $22.02
- Change ($) (since 19-Nov-24): 0.07
- Change (%) (since 19-Nov-24): 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.
Swing Pricing
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.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
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.
There are no distributions for this share class or distributions are currently not available