U.K. Equity Fund
THIS INFORMATION IS FOR MARKETING PURPOSES ONLY
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Fact Sheet - Documents
U.K. Equity Fund
Investment Objective
Seeks capital appreciation, measured in Sterling.
Investment Focus
Seeks long term investments in value-creating businesses and lower risk.
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 30-Nov-25 £14.33
- 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 28-Feb-2006
- Net Asset Value (NAV) As of 15-Dec-25 $21.32
- Most Recent NAV Change As of 15-Dec-25 $0.24 | 1.14%
- ISIN LU0219441655
- SEDOL B08N5V6
- WKN A0ESB5
- Bloomberg MFUKAU1 LX
- CUSIP L6365U122
- Maximum Sales Charge 6%
- Benchmark FTSE All-Share 5% Capped Index
Managers
As of June 30, 2025, James Neale has relinquished his portfolio management responsibilities on the portfolio.
Top 10 Holdings
As of 30-Nov-25
- AstraZeneca PLC
- Shell PLC
- NatWest Group PLC
- Unilever PLC
- British American Tobacco PLC
- RELX PLC
- BAE Systems PLC
- London Stock Exchange Group PLC
- Rio Tinto PLC
- Babcock International Group PLC
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 30-Nov-25 [updated monthly]
| 12 month period ending: |
30-Nov-21
or Life
Life performance is only shown when 5 years of performance is not available. |
30-Nov-22 | 30-Nov-23 | 30-Nov-24 | 30-Nov-25 | YTD % * | Class Inception |
|---|---|---|---|---|---|---|---|
| Class A1 Shares, US Dollars at NAV | 12.23 | -6.08 | -0.31 | 15.20 | 12.39 | 15.76 | 28-Feb-2006 |
| Class A1 Shares, US Dollars With Max Sales Charges | 5.50 | -11.72 | -6.29 | 8.28 | 5.65 | 8.81 | 28-Feb-2006 |
| FTSE All-Share 5% Capped Index | 16.46 | -4.86 | 8.29 | 16.94 | 24.60 | - | - |
| 12 month period ending: | Class A1 Shares, US Dollars at NAV | Class A1 Shares, US Dollars With Max Sales Charges |
|---|---|---|
|
30-Nov-21
or Life
Life performance is only shown when 5 years of performance is not available. |
12.23 | 5.50 |
| 30-Nov-22 | -6.08 | -11.72 |
| 30-Nov-23 | -0.31 | -6.29 |
| 30-Nov-24 | 15.20 | 8.28 |
| 30-Nov-25 | 12.39 | 5.65 |
| YTD % * | 15.76 | 8.81 |
| Class Inception | 28-Feb-2006 | 28-Feb-2006 |
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.
Important Performance Information
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.
Average Annual Total Returns (%)
Updated monthly as of 30-Nov-25
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.
The Fund's benchmark is indicated for performance comparison only.
Important Performance Information
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.
Annual Rate of Return (%)
As of 31-Dec-24
|Benchmark: FTSE All-Share 5% Capped Index
|
Life
Life performance as of 30-Nov-25 |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 3.86 | -3.77 | -7.63 | 23.13 | -16.51 | 23.62 | -5.37 | 11.59 | -14.83 | 8.05 | 5.93 |
| With Max Sales Charges | 3.54 | -9.54 | -13.17 | 15.74 | -21.52 | 16.20 | -11.05 | 4.89 | -19.94 | 1.56 | -0.42 |
| 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 | With Max Sales Charges | FTSE All-Share 5% Capped Index | |
|---|---|---|---|
| 2024 | 5.93 | -0.42 | 8.09 |
| 2023 | 8.05 | 1.56 | 14.51 |
| 2022 | -14.83 | -19.94 | -11.55 |
| 2021 | 11.59 | 4.89 | 17.29 |
| 2020 | -5.37 | -11.05 | -5.78 |
| 2019 | 23.62 | 16.2 | 24.96 |
| 2018 | -16.51 | -21.52 | -15.0 |
| 2017 | 23.13 | 15.74 | 23.68 |
| 2016 | -7.63 | -13.17 | -2.57 |
| 2015 | -3.77 | -9.54 | -4.14 |
|
Life
Life performance as of 30-Nov-25 |
3.86 | 3.54 | - |
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.
Important Performance Information
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.
Pricing History
- NAV at Close of Trading on: 15-Dec-25
- Net Asset Value (NAV): $21.32
- Change ($) (since 12-Dec-25): 0.24
- Change (%) (since 12-Dec-25): 1.14
- 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
Quarterly Attribution
Available approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
Calendar Year
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Overview
Investment Objective
Seeks capital appreciation, measured in Sterling.
Investment Focus
Seeks long term investments in value-creating businesses and lower risk.
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 30-Nov-25 £14.33
- 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 28-Feb-2006
- Net Asset Value (NAV) As of 15-Dec-25 $21.32
- Most Recent NAV Change As of 15-Dec-25 $0.24 | 1.14%
- ISIN LU0219441655
- SEDOL B08N5V6
- WKN A0ESB5
- Bloomberg MFUKAU1 LX
- CUSIP L6365U122
- Maximum Sales Charge 6%
- Benchmark FTSE All-Share 5% Capped Index
Managers
As of June 30, 2025, James Neale has relinquished his portfolio management responsibilities on the portfolio.
Top 10 Holdings
As of 30-Nov-25
- AstraZeneca PLC
- Shell PLC
- NatWest Group PLC
- Unilever PLC
- British American Tobacco PLC
- RELX PLC
- BAE Systems PLC
- London Stock Exchange Group PLC
- Rio Tinto PLC
- Babcock International Group PLC
Florence Taj
Portfolio Manager
30YEARS WITH INDUSTRY
3YEARS 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
32YEARS WITH INDUSTRY
13YEARS 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).
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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 30-Nov-25 [updated monthly]
These results represent the percent change in net asset value.*YTD Updated Daily as of 14-Dec-25, subject to revision and not annualized.12 month period ending: 30-Nov-21or LifeLife performance is only shown when 5 years of performance is not available.
30-Nov-22 30-Nov-23 30-Nov-24 30-Nov-25 YTD % * Class Inception Class A1 Shares, US Dollars at NAV 12.23 -6.08 -0.31 15.20 12.39 15.76 28-Feb-2006 Class A1 Shares, US Dollars With Max Sales Charges 5.50 -11.72 -6.29 8.28 5.65 8.81 28-Feb-2006 FTSE All-Share 5% Capped Index 16.46 -4.86 8.29 16.94 24.60 - - 12 month period ending: Class A1 Shares, US Dollars at NAV Class A1 Shares, US Dollars With Max Sales Charges 30-Nov-21 or Life Life performance is only shown when 5 years of performance is not available.
12.23 5.50 30-Nov-22 -6.08 -11.72 30-Nov-23 -0.31 -6.29 30-Nov-24 15.20 8.28 30-Nov-25 12.39 5.65 YTD % * 15.76 8.81 Class Inception 28-Feb-2006 28-Feb-2006 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.
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.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.
Average Annual Total ReturnsAverage Annual Total Returns (%)
These results represent the percent change in net asset value.Updated monthly as of 30-Nov-25
*YTD Updated Daily as of 14-Dec-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.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.The Fund's benchmark is indicated for performance comparison only.
MORNINGSTAR RATINGImportant 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.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.
Annual Rate of ReturnAnnual Rate of Return (%)
As of 31-Dec-24
|Benchmark: FTSE All-Share 5% Capped Index
annual rate of return table LifeLife performance as of 30-Nov-25
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 3.86 -3.77 -7.63 23.13 -16.51 23.62 -5.37 11.59 -14.83 8.05 5.93 With Max Sales Charges 3.54 -9.54 -13.17 15.74 -21.52 16.20 -11.05 4.89 -19.94 1.56 -0.42 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 With Max Sales Charges FTSE All-Share 5% Capped Index 2024 5.93 -0.42 8.09 2023 8.05 1.56 14.51 2022 -14.83 -19.94 -11.55 2021 11.59 4.89 17.29 2020 -5.37 -11.05 -5.78 2019 23.62 16.2 24.96 2018 -16.51 -21.52 -15.0 2017 23.13 15.74 23.68 2016 -7.63 -13.17 -2.57 2015 -3.77 -9.54 -4.14 LifeLife performance as of 30-Nov-25
3.86 3.54 - 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.
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.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.
Pricing & DistributionsPricing History
- NAV at Close of Trading on: 15-Dec-25
- Net Asset Value (NAV): $21.32
- Change ($) (since 12-Dec-25): 0.24
- Change (%) (since 12-Dec-25): 1.14
- 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 Attribution
Available approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
Calendar Year