U.K. Equity 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.
-
Fact Sheet - Documents
U.K. Equity Fund
INVESTMENT OBJECTIVE
Seeks capital appreciation, measured in Sterling.
INVESTMENT FOCUS
Generally, takes a long-term view on stocks where the market takes a short view in order to create a high conviction 35-55 stock portfolio
Seeks long term investments in value-creating businesses and lower risk despite such high conviction investing
U.K. equity portfolio of what we believe to be high quality compounders while focusing on secular change, sentiment, and valuation
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.
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 27-Feb-2006
- Net Assets (£ M) As of 28-Feb-25 £14.96
- 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 FTSE All-Share 5% Capped Index
Share Class Information
- Class Inception 19-Aug-2013
- Net Asset Value (NAV) As of 14-Mar-25 $14.16
- Most Recent NAV Change As of 14-Mar-25 $0.10 | 0.71%
- ISIN LU0944407005
- SEDOL BBL4SK3
- WKN A1W0LS
- Bloomberg MFSUEI1 LX
- CUSIP L6366J183
- Maximum Sales Charge --
- Benchmark FTSE All-Share 5% Capped Index
MANAGERS
Top 10 Holdings
- AstraZeneca PLC
- NatWest Group PLC
- RELX PLC
- Shell PLC
- National Grid PLC
- Barclays PLC
- London Stock Exchange Group PLC
- Experian PLC
- Imperial Brands PLC
- BP PLC
James Neale
Portfolio Manager
James Neale is an investment officer, equity research analyst and portfolio manager at MFS Investment Management® (MFS®). He works closely with the firm's analysts and portfolio managers and is a member of the firm's energy and capital goods sector teams. James joined MFS as an analyst in 2010 and added portfolio management responsibilities for the firm's UK Equity strategy in 2022. Prior to joining MFS, he was a director and head of oil and gas research for Credit Suisse. Before that, he spent five years as a director and head of oil and gas research at Citi, one year as a vice president and European oil analyst at Merrill Lynch and five years as an emerging market oil analyst at Schroder Securities. He began his career in the financial services industry in 1998. James earned a bachelor's degree from Cambridge University and a master's degree in Russian and East European studies from Harvard University.
Florence Taj
Portfolio Manager
Florence G. Taj is an investment officer and equity portfolio manager for MFS Investment Management® (MFS®). In this role, she is responsible for buy and sell decisions, portfolio construction, risk control and cash management. She also participates in the research process and strategy discussions. She is based in London. Florence joined MFS as a research analyst in 1999 covering numerous sectors including financials, consumer staples, technology hardware, media and utilities. She has held senior research positions, including consumer cyclicals sector team leader for five years, and launched the firm's Global Listed Infrastructure strategy in 2017 for which she has portfolio management responsibilities. She joined the firm's European Value portfolio management team in 2018. Before joining MFS, she spent three years at Renaissance Solutions, Inc., where she served as senior consultant. She participated in MFS' summer MBA internship program in 1998. Florence earned a master's degree in international management from the University of Ottawa and Reims Management School, now The NEOMA Business School, in France in 1993 and a Master of Business Administration degree from Harvard Business School in 1999.
Victoria Higley, ASIP
Institutional Portfolio Manager
Victoria Higley, ASIP, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In her role, she participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. She is also responsible for communicating investment policy, strategy and positioning. Victoria joined MFS in 2011 in her current role. Before that she spent three years at Fidelity International as a UK institutional client director and 14 years at UBS Asset Management as a UK institutional client director, pan-European equity analyst and UK portfolio manager. She began her career in the financial services industry in 1994. Victoria holds a bachelor's degree from Durham University. She is a regular member of the CFA Institute and an Associate of the CFA Society of the UK (ASIP).
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 28-Feb-25 [updated monthly]| 12 month period ending: |
28-Feb-21
or Life
Life performance is only shown when 5 years of performance is not available. |
28-Feb-22 | 28-Feb-23 | 28-Feb-24 | 28-Feb-25 | YTD % * | Class Inception |
|---|---|---|---|---|---|---|---|
| Class I1 Shares, US Dollars at NAV | 11.81 | 7.02 | -6.00 | 2.27 | 16.02 | 6.55 | 19-Aug-2013 |
| FTSE All-Share 5% Capped Index | 14.31 | 11.31 | -3.74 | 5.26 | 17.91 | - | - |
| 12 month period ending: | Class I1 Shares, US Dollars at NAV | |
|---|---|---|
|
28-Feb-21
or Life
Life performance is only shown when 5 years of performance is not available. |
11.81 | |
| 28-Feb-22 | 7.02 | |
| 28-Feb-23 | -6.00 | |
| 28-Feb-24 | 2.27 | |
| 28-Feb-25 | 16.02 | |
| YTD % * | 6.55 | |
| Class Inception | 19-Aug-2013 | 19-Aug-2013 |
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.
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 comparison only.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
Annual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: FTSE All-Share 5% Capped Index|
Life
Life performance as of 28-Feb-25 |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 3.03 | -2.75 | -6.26 | 24.57 | -15.48 | 24.97 | -4.26 | 12.83 | -13.87 | 9.15 | 7.18 |
| FTSE All-Share 5% Capped Index | - | -4.14 | -2.57 | 23.68 | -15.00 | 24.96 | -5.78 | 17.29 | -11.55 | 14.51 | 8.09 |
| At NAV | FTSE All-Share 5% Capped Index | |
|---|---|---|
| 2024 | 7.18 | 8.09 |
| 2023 | 9.15 | 14.51 |
| 2022 | -13.87 | -11.55 |
| 2021 | 12.83 | 17.29 |
| 2020 | -4.26 | -5.78 |
| 2019 | 24.97 | 24.96 |
| 2018 | -15.48 | -15.0 |
| 2017 | 24.57 | 23.68 |
| 2016 | -6.26 | -2.57 |
| 2015 | -2.75 | -4.14 |
|
Life
Life performance as of 28-Feb-25 |
3.03 | - |
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.
Pricing History
- NAV at Close of Trading on: 14-Mar-25
- Net Asset Value (NAV): $14.16
- Change ($) (since 13-Mar-25): 0.10
- Change (%) (since 13-Mar-25): 0.71
- 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.
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 Sterling.
INVESTMENT FOCUS
Generally, takes a long-term view on stocks where the market takes a short view in order to create a high conviction 35-55 stock portfolio
Seeks long term investments in value-creating businesses and lower risk despite such high conviction investing
U.K. equity portfolio of what we believe to be high quality compounders while focusing on secular change, sentiment, and valuation
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.
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 27-Feb-2006
- Net Assets (£ M) As of 28-Feb-25 £14.96
- 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 FTSE All-Share 5% Capped Index
Share Class Information
- Class Inception 19-Aug-2013
- Net Asset Value (NAV) As of 14-Mar-25 $14.16
- Most Recent NAV Change As of 14-Mar-25 $0.10 | 0.71%
- ISIN LU0944407005
- SEDOL BBL4SK3
- WKN A1W0LS
- Bloomberg MFSUEI1 LX
- CUSIP L6366J183
- Maximum Sales Charge --
- Benchmark FTSE All-Share 5% Capped Index
MANAGERS
Top 10 Holdings
As of 28-Feb-25- AstraZeneca PLC
- NatWest Group PLC
- RELX PLC
- Shell PLC
- National Grid PLC
- Barclays PLC
- London Stock Exchange Group PLC
- Experian PLC
- Imperial Brands PLC
- BP PLC
James Neale
Portfolio Manager
27YEARS WITH INDUSTRY
3YEARS WITH PORTFOLIOJames Neale is an investment officer, equity research analyst and portfolio manager at MFS Investment Management® (MFS®). He works closely with the firm's analysts and portfolio managers and is a member of the firm's energy and capital goods sector teams. James joined MFS as an analyst in 2010 and added portfolio management responsibilities for the firm's UK Equity strategy in 2022. Prior to joining MFS, he was a director and head of oil and gas research for Credit Suisse. Before that, he spent five years as a director and head of oil and gas research at Citi, one year as a vice president and European oil analyst at Merrill Lynch and five years as an emerging market oil analyst at Schroder Securities. He began his career in the financial services industry in 1998. James earned a bachelor's degree from Cambridge University and a master's degree in Russian and East European studies from Harvard University.
Florence Taj
Portfolio Manager
29YEARS WITH INDUSTRY
2YEARS WITH PORTFOLIOFlorence G. Taj is an investment officer and equity portfolio manager for MFS Investment Management® (MFS®). In this role, she is responsible for buy and sell decisions, portfolio construction, risk control and cash management. She also participates in the research process and strategy discussions. She is based in London. Florence joined MFS as a research analyst in 1999 covering numerous sectors including financials, consumer staples, technology hardware, media and utilities. She has held senior research positions, including consumer cyclicals sector team leader for five years, and launched the firm's Global Listed Infrastructure strategy in 2017 for which she has portfolio management responsibilities. She joined the firm's European Value portfolio management team in 2018. Before joining MFS, she spent three years at Renaissance Solutions, Inc., where she served as senior consultant. She participated in MFS' summer MBA internship program in 1998. Florence earned a master's degree in international management from the University of Ottawa and Reims Management School, now The NEOMA Business School, in France in 1993 and a Master of Business Administration degree from Harvard Business School in 1999.
Victoria Higley, ASIP
Institutional Portfolio Manager
31YEARS WITH INDUSTRY
12YEARS WITH PORTFOLIOVictoria Higley, ASIP, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In her role, she participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. She is also responsible for communicating investment policy, strategy and positioning. Victoria joined MFS in 2011 in her current role. Before that she spent three years at Fidelity International as a UK institutional client director and 14 years at UBS Asset Management as a UK institutional client director, pan-European equity analyst and UK portfolio manager. She began her career in the financial services industry in 1994. Victoria holds a bachelor's degree from Durham University. She is a regular member of the CFA Institute and an Associate of the CFA Society of the UK (ASIP).
-
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 28-Feb-25 [updated monthly]These results represent the percent change in net asset value.*YTD Updated Daily as of 14-Mar-25, subject to revision and not annualized.12 month period ending: 28-Feb-21or LifeLife performance is only shown when 5 years of performance is not available.
28-Feb-22 28-Feb-23 28-Feb-24 28-Feb-25 YTD % * Class Inception Class I1 Shares, US Dollars at NAV 11.81 7.02 -6.00 2.27 16.02 6.55 19-Aug-2013 FTSE All-Share 5% Capped Index 14.31 11.31 -3.74 5.26 17.91 - - 12 month period ending: Class I1 Shares, US Dollars at NAV 28-Feb-21 or Life Life performance is only shown when 5 years of performance is not available.
11.81 28-Feb-22 7.02 28-Feb-23 -6.00 28-Feb-24 2.27 28-Feb-25 16.02 YTD % * 6.55 Class Inception 19-Aug-2013 19-Aug-2013 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.
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 28-Feb-25*YTD Updated Daily as of 14-Mar-25, 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 comparison only.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
Annual Rate of ReturnAnnual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: FTSE All-Share 5% Capped Indexannual rate of return table LifeLife performance as of 28-Feb-25
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 3.03 -2.75 -6.26 24.57 -15.48 24.97 -4.26 12.83 -13.87 9.15 7.18 FTSE All-Share 5% Capped Index - -4.14 -2.57 23.68 -15.00 24.96 -5.78 17.29 -11.55 14.51 8.09 At NAV FTSE All-Share 5% Capped Index 2024 7.18 8.09 2023 9.15 14.51 2022 -13.87 -11.55 2021 12.83 17.29 2020 -4.26 -5.78 2019 24.97 24.96 2018 -15.48 -15.0 2017 24.57 23.68 2016 -6.26 -2.57 2015 -2.75 -4.14 LifeLife performance as of 28-Feb-25
3.03 - 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.
Pricing & DistributionsPricing History
- NAV at Close of Trading on: 14-Mar-25
- Net Asset Value (NAV): $14.16
- Change ($) (since 13-Mar-25): 0.10
- Change (%) (since 13-Mar-25): 0.71
- 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 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