Euro Opportunistic Bond 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.
Euro Opportunistic Bond Fund
Investment Objective
The Fund's objective is total return, with an emphasis on current income but also considering capital appreciation, measured in euros.
Investment Focus
A flexible and adaptable top-down approach to risk allocation that seeks to generate attractive long-term risk-adjusted returns
An integrated research approach that strives to identify inefficiencies across fixed income markets
Experienced portfolio management team benefitting from collaborative global fixed income platform
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
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.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
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.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Mortgage-backed: Mortgage-backed securities can be subject to prepayment and/or extension and therefore can offer less potential for gains and greater potential for loss.
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 offering documents or Information Memorandum for more details, including information on fund risks and expenses.
Fund Information
- Fund Inception 03-Sep-2026
- Net Assets (€ M) As of 31-Aug-26 --
- 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 Bloomberg Euro Aggregate Index
Share Class Information
- Class Inception 03-Sep-2026
- Net Asset Value (NAV) As of 08-Oct-26 $95.24
- Most Recent NAV Change As of 08-Oct-26 $0.07 | 0.07%
- ISIN LU3263963970
- SEDOL BNBWBY6
- WKN A41ZWP
- Bloomberg MFEBI1U LX
- CUSIP L63667445
- Maximum Sales Charge --
- Benchmark Bloomberg Euro Aggregate Index
Managers
Top 10 Holdings
No data currently available
Andy Li, CFA
Portfolio Manager
Andy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst 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.
Annalisa Piazza
Portfolio Manager
Annalisa Piazza is an investment officer and fixed income research analyst at MFS Investment Management® (MFS®). In this role, she is responsible for identifying the most attractive investment opportunities in her assigned universe and working closely with portfolio managers to ensure ideas are properly positioned within portfolios. She is based in London.
Annalisa joined MFS in 2018 in her current role. Most recently, she served as a senior fixed income investment strategist and economist for four years at Cardano Asset Management following ten years as a senior director, economist and market strategist at Newedge. She has also held economist and strategist roles at Banca IMI, Stone & McCarthy Research Associates, Gestielle Asset Management and REF. She began her career in the financial services industry in 1998.
Annalisa earned both a Bachelor of Economics degree and master's degree in international economics and finance from the Università Cattolica del Sacro Cuore.
Owen David Murfin, CFA
Institutional Portfolio Manager
Owen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst 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.
-
Overview
Investment Objective
The Fund's objective is total return, with an emphasis on current income but also considering capital appreciation, measured in euros.
Investment Focus
A flexible and adaptable top-down approach to risk allocation that seeks to generate attractive long-term risk-adjusted returns
An integrated research approach that strives to identify inefficiencies across fixed income markets
Experienced portfolio management team benefitting from collaborative global fixed income platform
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
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.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
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.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Mortgage-backed: Mortgage-backed securities can be subject to prepayment and/or extension and therefore can offer less potential for gains and greater potential for loss.
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 offering documents or Information Memorandum for more details, including information on fund risks and expenses.
Fund Information
- Fund Inception 03-Sep-2026
- Net Assets (€ M) As of 31-Aug-26 --
- 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 Bloomberg Euro Aggregate Index
Share Class Information
- Class Inception 03-Sep-2026
- Net Asset Value (NAV) As of 08-Oct-26 $95.24
- Most Recent NAV Change As of 08-Oct-26 $0.07 | 0.07%
- ISIN LU3263963970
- SEDOL BNBWBY6
- WKN A41ZWP
- Bloomberg MFEBI1U LX
- CUSIP L63667445
- Maximum Sales Charge --
- Benchmark Bloomberg Euro Aggregate Index
Managers
![Annalisa Piazza]()
![Owen David Murfin, CFA]()
Top 10 Holdings
No data currently available
Andy Li, CFA
Portfolio Manager
21YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOAndy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst 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.
Annalisa Piazza
Portfolio Manager
28YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOAnnalisa Piazza is an investment officer and fixed income research analyst at MFS Investment Management® (MFS®). In this role, she is responsible for identifying the most attractive investment opportunities in her assigned universe and working closely with portfolio managers to ensure ideas are properly positioned within portfolios. She is based in London.
Annalisa joined MFS in 2018 in her current role. Most recently, she served as a senior fixed income investment strategist and economist for four years at Cardano Asset Management following ten years as a senior director, economist and market strategist at Newedge. She has also held economist and strategist roles at Banca IMI, Stone & McCarthy Research Associates, Gestielle Asset Management and REF. She began her career in the financial services industry in 1998.
Annalisa earned both a Bachelor of Economics degree and master's degree in international economics and finance from the Università Cattolica del Sacro Cuore.
Owen David Murfin, CFA
Institutional Portfolio Manager
30YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOOwen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst 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.