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  5. MFS Global New Discovery Trust I - Managed fund profile

MFS Global New Discovery Trust I - Managed Fund

Fund Objective
The Trust aims to seek capital appreciation over the longer term by investing in a diversified portfolio of global shares of small and mid-cap companies and aims to outperform its Benchmark over a full market cycle before taking into account fees and expenses.
Fund Strategy
In selecting investments for the Trust; MFS is not constrained by any particular investment style. MFS may invest the Trust's assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies ('growth companies'); in the stocks of companies it believes are undervalued compared to their perceived worth ('value companies'); or in a combination of growth and value companies.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.53% 5.18% 8.17% 15.81% 13.11% 0.95% -% -%
Growth return 3.53% 5.18% 8.17% 15.81% 12.91% 0.51% -% -%
Income return 0% 0% 0% 0% 0.2% 0.44% -% -%
Market index (MSCI World Small Cap NR AUD)
Total return 7.04% 9.92% 13.44% 28.32% 14.97% 6.88% 9.3% 11.1%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MFS Global New Discovery Trust I
International Equities
96.93%
Cash
3.07%
Australian Equities
0%
Property
0%
Average Allocation of Peers
International Equities
92.83%
Cash
2.94%
Australian Equities
3.78%
Property
0.45%

General Information

Fund Details
Type Description
MFS Global New Discovery Trust I
ETL1134AU
Equity World Mid/Small
starstarstar (as at 30 Nov 2024)
Investment Fund
12 Aug 2021
$1.02 million (as at 30 Nov 2024)
$1.0188 (as at 24 Dec 2024)
$1.0158 (as at 24 Dec 2024)
Open
Offer information
Type Description
MER 0.85% (as at 31 May 2024)
Indirect Cost Ratio (ICR) - Estimated 0.85% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) Not Available
Minimum initial investment $25,000,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
GFL Environmental Inc Equity 2.46%
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FAQs about the MFS Global New Discovery Trust I

The objective of the MFS Global New Discovery Trust I managed fund is The Trust aims to seek capital appreciation over the longer term by investing in a diversified portfolio of global shares of small and mid-cap companies and aims to outperform its Benchmark over a full market cycle before taking into account fees and expenses.

The strategy of the MFS Global New Discovery Trust I managed fund is In selecting investments for the Trust; MFS is not constrained by any particular investment style. MFS may invest the Trust's assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies ('growth companies'); in the stocks of companies it believes are undervalued compared to their perceived worth ('value companies'); or in a combination of growth and value companies.

The APIR code of the MFS Global New Discovery Trust I managed fund is ETL1134AU.

MFS Global New Discovery Trust I’s total return last month was 3.53%. This was made up of a growth return of 3.53% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

MFS Global New Discovery Trust I’s total return for the last three months was 5.18%. This was made up of a growth return of 5.18% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

MFS Global New Discovery Trust I’s one-year total return is 15.81%. This was made up of a growth return of 15.81% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

MFS Global New Discovery Trust I’s one-year total return is 0.95%. This was made up of a growth return of 0.51% and an income return of 0.44%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the MFS Global New Discovery Trust I managed fund is :

International Equities
96.93%
Cash
3.07%
Australian Equities
0%
Property
0%

The MFS Global New Discovery Trust I managed fund belongs to the Equity World Mid/Small sector/asset class.

As at 30 Nov 2024, the size of the MFS Global New Discovery Trust I managed fund was $1.02 million.

The MFS Global New Discovery Trust I managed fund has an inception date of 12 Aug 2021.

The current entry price of the MFS Global New Discovery Trust I managed fund is $1.0188 per unit and the current exit price is $1.0158 per unit (as at 24 Dec 2024).

The current exit price of the MFS Global New Discovery Trust I managed fund is $1.0158 per unit and the current entry price is $1.0188 per unit (as at 24 Dec 2024).

The minimum initial investment amount for the MFS Global New Discovery Trust I managed fund is $25,000,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.