Fund Company

MFS Meridian Funds - http://www.mfs.com

MFS is an active, global asset manager. They employ a uniquely collaborative approach to build better insights for their clients having an investment approach consisting of three core elements:

Integrated Research

As active managers, MFS believes conducting proprietary research leads to better decisions for their clients. They have fundamental research analysts who develop firsthand, in-depth insight into individual securities. Their efforts are complemented by quantitative analysts who run analytics on securities daily and assess risks at both the security and portfolio levels. Their investment platform is fully integrated so that the investment staff shares ideas and evaluates opportunities across geographies, across both fundamental and quantitative disciplines, and across companies’ entire capital structure.

The MFS investment staff operates out of nine major financial centers around the world. Being on the ground in local markets helps the analysts understand the customs and traditions that affect regional markets. The firm achieves integration of their efforts by organizing the entire investment staff into eight global sector teams. Each sector team comprises all the analysts who cover companies in the same sector, such as leisure or financial services, around the world. The sector teams include both fundamental and quantitative, equity and credit analysts. Portfolio managers are members of the sector teams as well. This integrated structure brings together diverse opinions while also providing a global context to every decision.

Global Collaboration

Teams with multiple perspectives make better decisions than individuals or groups focused on one region of the world or investment discipline. Their global sector teams naturally foster collaboration, but they go many steps further to drive communication across the platform. MFS hire investment staff as research analysts so they can become inculcated in the MFS culture early in their careers. Some become career analysts, while others move on to manage portfolios. Almost all of their portfolio managers rose from within the firm. Individuals who prefer star systems that put individual performance above the team do not function well in their environment.

Their compensation system rewards collaboration. Every member of the investment staff undergoes a 360-degree peer review in which managers, peers, and any direct reports assess how effectively that person contributes to the entire team. The results of these assessments influence a third of each person’s annual incentive compensation. MFS believes their collaborative environment is one of their key competitive advantages, enabling them to build better insights for their clients.

Active Risk Management

MFS actively oversees the risk of their portfolios with two objectives in mind – to manage risk exposure and to ensure their results come from the dimension where they believe they can add the greatest value - security selection. Risk management is an intrinsic part of their entire investment process, and it is the responsibility of every member of the investment team. Even though their quantitative analysts are the ones who run risk metrics for securities and portfolios, their fundamental analysts are expected to make qualitative assessments of the risks of securities they follow. Additionally, their quantitative analysts also evaluate securities, manage portfolios, and collaborate with their fundamental peers on how to add returns to a portfolio without taking on excessive risk. That keeps the team charged with measuring risk always conscious of how to generate alpha for their clients.

As an active manager, they always aim to manage, not eliminate, risk because we understand that clients look to us to generate greater returns than can be achieved from portfolios tied to a benchmark. In essence, their risk management efforts help ensure that the insights they derive from their research and analytical work are directed where they can offer the greatest value to their clients.

Company	Fund Name	ISIN	Currency	Inception Date	Rating	Risk	Profile
MFS Meridian Funds	MFS M Fd SICAV High Yield FD A1 Cap	LU0035377810	USD	01/07/1997	2	Medium	The Fund’s objective is total return, with an emphasis on high current income but also considering capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in below investment grade debt instruments. The Fund generally focuses its investments in U.S. corporate debt instruments, but may also invest in non-U.S. issuers located in developed and emerging market countries and government debt instruments.
MFS Meridian Funds	MFS M. Fd SICAV High Yield FD A2	LU0035378891	USD	01/07/1997	2	Medium	The Fund’s objective is total return, with an emphasis on high current income but also considering capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in below investment grade debt instruments. The Fund generally focuses its investments in U.S. corporate debt instruments, but may also invest in non-U.S. issuers located in developed and emerging market countries and government debt instruments.
MFS Meridian Funds	MFS M. Fd SICAV US Conc Growth A1	LU0094555157	USD	12/03/1999	3	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in U.S. equity securities. The Fund may also invest in non-U.S. equity securities. The Fund generally invests in 50 or fewer companies. The Fund generally focuses its investments in companies it believes to have above average earnings growth potential compared to other companies (growth companies). The Fund generally focuses its investments in larger companies, but may invest in companies of any size.
MFS Meridian Funds	MFS M. European Research Fd A1 Cap	LU0094557526	EUR	12/03/1999	4	Medium	The Fund’s objective is capital appreciation, measured in Euros. The Fund invests primarily (at least 75%) in European Economic Area equity securities. The European Economic Area includes countries in the European Union, Iceland, Liechtenstein, and Norway. Some of the countries in the European Economic Area, primarily those in Eastern Europe, are currently considered emerging market economies. The Fund may also invest in other European countries.
MFS Meridian Funds	MFS M. Fd SICAV Absolut Ret A1 Cap	LU0094560157	EUR	12/03/1999	4	High	The Fund’s objective is total return, measured in U.S. dollars. The Fund seeks to produce a positive return from a combination of individual security selection and managing exposure to asset classes, markets and currencies regardless of market conditions. In selecting individual investments for the Fund, the Fund invests primarily in debt instruments of issuers located in developed and emerging market countries, including government, mortgage-backed, and corporate debt. The Fund invests substantially in investment grade debt instruments. The Fund may invest in debt instruments of any maturity, but generally focuses its investments in short and intermediate term debt instruments.
MFS Meridian Funds	MFS M.Global Equity Fund A1 EUR	LU0094560744	EUR	12/03/1999	4	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies,) or in a combination of growth and value companies. The Fund generally focuses its investments in larger companies, but may invest in companies of any size.
MFS Meridian Funds	MFS M.Europ Smaller Compan FdA1 EUR	LU0125944966	EUR	05/11/2001	5	Medium	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of small to mid-cap European equities chosen from issuers located throughout Europe based on the extensive bottom-up fundamental research of MFS's equity research team. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of smaller-cap issuers that are based in European Economic Area (“EEA”) countries. Smaller-cap companies are generally those with market capitalisations less than €10 billion.
MFS Meridian Funds	MFS M. European Growth Fd A1 EUR	LU0125946151	EUR	01/10/2002	3	Medium	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of European equity securities. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of issuers that are based in European Economic Area (“EEA”) countries.
MFS Meridian Funds	MFS M. Emer Markets Debt A1 USD Cap	LU0125948108	USD	31/01/2001	4	Medium	The Fund’s investment objective is total return, measured in US Dollars. The Fund takes a top-down research-intensive approach to investing primarily in emerging markets debt securities. The Fund invests primarily (i.e., at least 70% of its total assets) in debt securities and other fixed-income investments, which are issued by, or which provide exposure to, government, government-related, supranational and corporate issuers that are based in emerging markets countries or exercise a preponderant part of their economic activity in emerging markets countries.
MFS Meridian Funds	MFS M. Emerg.Mkts. Debt Fd A2 USD	LU0125948280	USD	01/10/2002	4	Medium	The Fund’s investment objective is total return, measured in US Dollars. The Fund takes a top-down research-intensive approach to investing primarily in emerging markets debt securities. The Fund invests primarily (i.e., at least 70% of its total assets) in debt securities and other fixed-income investments, which are issued by, or which provide exposure to, government, government-related, supranational and corporate issuers that are based in emerging markets countries or exercise a preponderant part of their economic activity in emerging markets countries.
MFS Meridian Funds	MFS Meridian Funds Eurp Val -A1-	LU0125951151	EUR	01/10/2002	5	Low	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of European equity securities believed to be undervalued relative to their earnings growth potential based on the bottom-up fundamental research of MFS equity investment professionals. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of issuers that are based in European Economic Area (“EEA”) countries which MFS believes are undervalued in the market relative to their long-term potential.
MFS Meridian Funds	MFS M. U.S. Value Fund A1 USD	LU0125979160	USD	01/02/2002	3	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in U.S. equity securities. The Fund may also invest in non-U.S. equity securities. The Fund generally focuses its investments in companies it believes to be undervalued compared to their perceived worth (value companies). The Fund generally focuses its investments in larger companies, but may invest in companies of any size.
MFS Meridian Funds	MFS M. Fd SICAV Global Res Fd A1	LU0219417861	EUR	26/09/2005	3	High	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS M. Asia Pac. ex-Japan A1 Cap	LU0219418679	EUR	26/09/2005	3	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in Asian Pacific equity securities excluding Japanese equity securities. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS M Global Balanced Fd A1 EUR Cap	LU0219418836	EUR	26/09/2005	5	Medium	The Fund’s primary investment objective is total return, measured in US Dollars. This team-managed Fund invests in a portfolio blending a mix of large-cap value equity securities and investment grade government debt securities of global issuers, with historical allocations of approximately 60% equity securities and 40% debt securities. The Fund invests in a combination of equity and debt securities of global issuers. The Fund invests: (i) at least 30%, but not more than 75%, of its total assets in equity and equity-related securities (which are not convertible bonds) of global issuers and (ii) at least 25%, but not more than 70%, of its total assets in debt securities of global issuers (including emerging market debt securities).
MFS Meridian Funds	MFS M. Fd SICAV Global Conc Fd A1	LU0219418919	EUR	26/09/2005	5	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund focuses its investments in equity securities of companies located in developed market countries. The Fund generally invests in 50 or fewer companies. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
MFS Meridian Funds	MFS M Emerg Mkts Debt Fd A1 EUR Cap	LU0219422606	EUR	26/09/2005	4	Medium	The Fund’s investment objective is total return, measured in US Dollars. The Fund takes a top-down research-intensive approach to investing primarily in emerging markets debt securities. The Fund invests primarily (i.e., at least 70% of its total assets) in debt securities and other fixed-income investments, which are issued by, or which provide exposure to, government, government-related, supranational and corporate issuers that are based in emerging markets countries or exercise a preponderant part of their economic activity in emerging markets countries.
MFS Meridian Funds	MFS M. Fd SICAV European Res Fd A1	LU0219431003	GBP	26/09/2005	4	Medium	The Fund’s objective is capital appreciation, measured in Euros. The Fund invests primarily (at least 75%) in European Economic Area equity securities. The European Economic Area includes countries in the European Union, Iceland, Liechtenstein, and Norway. Some of the countries in the European Economic Area, primarily those in Eastern Europe, are currently considered emerging market economies. The Fund may also invest in other European countries.
MFS Meridian Funds	MFS Meridan Global Equity A1 Dis	LU0219431268	GBP	26/09/2005	5	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies,) or in a combination of growth and value companies. The Fund generally focuses its investments in larger companies, but may invest in companies of any size.
MFS Meridian Funds	MFS M. Asia Pac. ex-Japan Fd. Gbp	LU0219431342	GBP	26/09/2005	3	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in Asian Pacific equity securities excluding Japanese equity securities. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS Meridian Glob Total Ret A1 Dis	LU0219431771	GBP	26/09/2005	5	Medium	The Fund’s primary investment objective is total return, measured in US Dollars. This team-managed Fund invests in a portfolio blending a mix of large-cap value equity securities and investment grade government debt securities of global issuers, with historical allocations of approximately 60% equity securities and 40% debt securities. The Fund invests in a combination of equity and debt securities of global issuers. The Fund invests: (i) at least 30%, but not more than 75%, of its total assets in equity and equity-related securities (which are not convertible bonds) of global issuers and (ii) at least 25%, but not more than 70%, of its total assets in debt securities of global issuers (including emerging market debt securities).
MFS Meridian Funds	MFS M. UK Equity Fund A2 GBP	LU0219431854	GBP	27/02/2006	5	Medium	The Fund’s objective is capital appreciation, measured in Sterling. The Fund invests primarily (at least 70%) in U.K. equity securities. The Fund may also invest in other equity securities, including other European equity securities. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size. The Fund may invest a relatively large percentage of its assets in a small number of issuers.
MFS Meridian Funds	MFS M. Conti European Eq Fd A2 GBP	LU0219432076	GBP	27/02/2006	5	Low	The Fund’s objective is capital appreciation, measured in Euros. The Fund invests primarily (at least 70%) in continental European equity securities. Some of the countries in continental Europe, primarily those in Eastern Europe, are currently considered emerging market economies. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS Meridian Em Markets Debt A1 Cap	LU0219432159	GBP	26/09/2005	4	Medium	The Fund’s investment objective is total return, measured in US Dollars. The Fund takes a top-down research-intensive approach to investing primarily in emerging markets debt securities. The Fund invests primarily (i.e., at least 70% of its total assets) in debt securities and other fixed-income investments, which are issued by, or which provide exposure to, government, government-related, supranational and corporate issuers that are based in emerging markets countries or exercise a preponderant part of their economic activity in emerging markets countries.
MFS Meridian Funds	MFS M.European Research Fd A1 Cap	LU0219440335	USD	12/06/2000	4	Medium	The Fund’s objective is capital appreciation, measured in Euros. The Fund invests primarily (at least 75%) in European Economic Area equity securities. The European Economic Area includes countries in the European Union, Iceland, Liechtenstein, and Norway. Some of the countries in the European Economic Area, primarily those in Eastern Europe, are currently considered emerging market economies. The Fund may also invest in other European countries.
MFS Meridian Funds	MFS M.European Growth Fund A1 USD	LU0219440509	USD	26/09/2005	3	Medium	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of European equity securities. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of issuers that are based in European Economic Area (“EEA”) countries.
MFS Meridian Funds	MFS M.Europ Sml Companies Fd A1 USD	LU0219440681	USD	26/09/2005	5	Medium	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of small to mid-cap European equities chosen from issuers located throughout Europe based on the extensive bottom-up fundamental research of MFS's equity research team. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of smaller-cap issuers that are based in European Economic Area (“EEA”) countries. Smaller-cap companies are generally those with market capitalisations less than €10 billion.
MFS Meridian Funds	MFS M.European Value Fund A1 USD	LU0219440764	USD	26/09/2005	5	Low	The Fund’s investment objective is capital appreciation, measured in Euros. The Fund invests primarily in a portfolio of European equity securities believed to be undervalued relative to their earnings growth potential based on the bottom-up fundamental research of MFS equity investment professionals. The Fund invests primarily (i.e., at least 75% of its total assets) in equity and equity-related securities of issuers that are based in European Economic Area (“EEA”) countries which MFS believes are undervalued in the market relative to their long-term potential.
MFS Meridian Funds	MFS M. Global Equity Fund A1 USD	LU0219441069	USD	26/09/2005	4	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies,) or in a combination of growth and value companies. The Fund generally focuses its investments in larger companies, but may invest in companies of any size.
MFS Meridian Funds	MFS M. Fd SICAV Global Res Fd A1	LU0219441143	USD	26/09/2005	4	High	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS M.Asia Pac. ex-Japan Fd A1 USD	LU0219441226	USD	12/06/2000	3	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in Asian Pacific equity securities excluding Japanese equity securities. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS M Global Balanced Fd A1 USD Cap	LU0219441499	USD	31/01/2001	4	Medium	The Fund’s primary investment objective is total return, measured in US Dollars. This team-managed Fund invests in a portfolio blending a mix of large-cap value equity securities and investment grade government debt securities of global issuers, with historical allocations of approximately 60% equity securities and 40% debt securities. The Fund invests in a combination of equity and debt securities of global issuers. The Fund invests: (i) at least 30%, but not more than 75%, of its total assets in equity and equity-related securities (which are not convertible bonds) of global issuers and (ii) at least 25%, but not more than 70%, of its total assets in debt securities of global issuers (including emerging market debt securities).
MFS Meridian Funds	MFS M. Fd SICAV Global Conc Fd A1	LU0219441572	USD	08/04/1999	4	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in equity securities of companies located in developed and emerging market countries. The Fund focuses its investments in equity securities of companies located in developed market countries. The Fund generally invests in 50 or fewer companies. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
MFS Meridian Funds	MFS M. UK Equity Fund A1 USD	LU0219441655	USD	27/02/2006	5	Medium	The Fund’s objective is capital appreciation, measured in Sterling. The Fund invests primarily (at least 70%) in U.K. equity securities. The Fund may also invest in other equity securities, including other European equity securities. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size. The Fund may invest a relatively large percentage of its assets in a small number of issuers.
MFS Meridian Funds	MFS M.Continental Eur Eq Fd A1 USD	LU0219441739	USD	27/02/2006	5	Low	The Fund’s objective is capital appreciation, measured in Euros. The Fund invests primarily (at least 70%) in continental European equity securities. Some of the countries in continental Europe, primarily those in Eastern Europe, are currently considered emerging market economies. The Fund may invest in companies it believes to have above average earnings growth potential compared to other companies (growth companies), in companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. The Fund may invest in companies of any size.
MFS Meridian Funds	MFS M.Global Balanced Fund A2 USD	LU0219442380	USD	26/09/2005	4	Medium	The Fund’s primary investment objective is total return, measured in US Dollars. This team-managed Fund invests in a portfolio blending a mix of large-cap value equity securities and investment grade government debt securities of global issuers, with historical allocations of approximately 60% equity securities and 40% debt securities. The Fund invests in a combination of equity and debt securities of global issuers. The Fund invests: (i) at least 30%, but not more than 75%, of its total assets in equity and equity-related securities (which are not convertible bonds) of global issuers and (ii) at least 25%, but not more than 70%, of its total assets in debt securities of global issuers (including emerging market debt securities).
MFS Meridian Funds	MFS M Fd SICAV Global Multi A1 Cap	LU0219442463	USD	26/09/2005	3	Medium	The Fund’s objective is total return, measured in U.S. dollars. The Fund seeks to produce returns by: 1) allocating assets to a mix of asset classes, 2) selecting individual securities within those asset classes, and 3) managing exposure to asset classes, markets and currencies through the use of derivatives. The Fund’s target allocations among asset classes are 15% in inflation-adjusted debt instruments; 35% in other global debt instruments; 30% in global equity securities; 15% in commodity- related instruments; and 5% in global real estate-related investments. These allocations do not reflect cash balances and may change over time.
MFS Meridian Funds	MFS M US Gov Bond Fund A1 USD Cap	LU0219442547	USD	26/09/2005	4	Medium	The Fund’s objective is total return with an emphasis on current income but also considering capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in U.S. government securities, including mortgagebacked securities. The Fund invests substantially all of its assets in investment grade debt instruments. The Fund may invest a relatively large percentage of its assets in a single issuer or a small number of issuers.
MFS Meridian Funds	MFS M Limited Maturity A1 USD Cap	LU0219442893	USD	26/09/2005	3	Medium	The Fund’s objective is total return, with an emphasis on current income but also considering capital preservation, measured in U.S. dollars. The Fund invests primarily in debt instruments issued in U.S. dollars, including U.S. and non-U.S. corporate, government, and mortgage-backed debt instruments. The Fund invests substantially in investment grade debt instruments. The average maturity of the Fund’s investments (taking into account features of the investments that are expected to shorten an investment’s maturity such as prepayments) will generally not exceed five years.
MFS Meridian Funds	MFS M Research Bond Fund A1 USD Cap	LU0219442976	USD	26/09/2005	3	Medium	The Fund’s objective is total return, measured in U.S. dollars. The Fund invests primarily (at least 70%) in investment grade U.S. debt instruments, including U.S. government, mortgage-backed, and corporate debt instruments. The Fund may also invest in debt instruments of non-U.S. issuers located in developed and emerging market countries and below investment grade debt instruments. The Fund may use derivatives for hedging and/or investment purposes, including to increase or decrease exposure to a particular market, segment of the market, or security, to manage interest rate or currency exposure or other characteristics of the Fund, or as alternatives to direct investments.
MFS Meridian Funds	MFS M. Fd SICAV Global Multi Fd A2	LU0219443198	USD	26/09/2005	3	Medium	The Fund’s objective is total return, measured in U.S. dollars. The Fund seeks to produce returns by: 1) allocating assets to a mix of asset classes, 2) selecting individual securities within those asset classes, and 3) managing exposure to asset classes, markets and currencies through the use of derivatives. The Fund’s target allocations among asset classes are 15% in inflation-adjusted debt instruments; 35% in other global debt instruments; 30% in global equity securities; 15% in commodity- related instruments; and 5% in global real estate-related investments. These allocations do not reflect cash balances and may change over time.
MFS Meridian Funds	MFS M. U.S. Gov. Bond Fund A2 USD	LU0219443271	USD	26/09/2005	4	Medium	The Fund’s objective is total return with an emphasis on current income but also considering capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in U.S. government securities, including mortgagebacked securities. The Fund invests substantially all of its assets in investment grade debt instruments. The Fund may invest a relatively large percentage of its assets in a single issuer or a small number of issuers.
MFS Meridian Funds	MFS M. Limited Maturity Fd A2 USD	LU0219443354	USD	26/09/2005	3	Medium	The Fund’s objective is total return, with an emphasis on current income but also considering capital preservation, measured in U.S. dollars. The Fund invests primarily in debt instruments issued in U.S. dollars, including U.S. and non-U.S. corporate, government, and mortgage-backed debt instruments. The Fund invests substantially in investment grade debt instruments. The average maturity of the Fund’s investments (taking into account features of the investments that are expected to shorten an investment’s maturity such as prepayments) will generally not exceed five years.
MFS Meridian Funds	MFS M.Research Bond Fund A2 USD	LU0219443438	USD	26/09/2005	3	Medium	The Fund’s objective is total return, measured in U.S. dollars. The Fund invests primarily (at least 70%) in investment grade U.S. debt instruments, including U.S. government, mortgage-backed, and corporate debt instruments. The Fund may also invest in debt instruments of non-U.S. issuers located in developed and emerging market countries and below investment grade debt instruments. The Fund may use derivatives for hedging and/or investment purposes, including to increase or decrease exposure to a particular market, segment of the market, or security, to manage interest rate or currency exposure or other characteristics of the Fund, or as alternatives to direct investments.
MFS Meridian Funds	MFS M Fd SICAV Absolute Ret A1 Cap	LU0219443784	USD	26/09/2005	4	High	The Fund’s objective is total return, measured in U.S. dollars. The Fund seeks to produce a positive return from a combination of individual security selection and managing exposure to asset classes, markets and currencies regardless of market conditions. In selecting individual investments for the Fund, the Fund invests primarily in debt instruments of issuers located in developed and emerging market countries, including government, mortgage-backed, and corporate debt. The Fund invests substantially in investment grade debt instruments. The Fund may invest in debt instruments of any maturity, but generally focuses its investments in short and intermediate term debt instruments.
MFS Meridian Funds	MFS M. Fd SICAV Absolute Ret Fd A2	LU0219444246	USD	26/09/2005	4	High	The Fund’s objective is total return, measured in U.S. dollars. The Fund seeks to produce a positive return from a combination of individual security selection and managing exposure to asset classes, markets and currencies regardless of market conditions. In selecting individual investments for the Fund, the Fund invests primarily in debt instruments of issuers located in developed and emerging market countries, including government, mortgage-backed, and corporate debt. The Fund invests substantially in investment grade debt instruments. The Fund may invest in debt instruments of any maturity, but generally focuses its investments in short and intermediate term debt instruments.
MFS Meridian Funds	MFS M Inflation-Ad Bd Fd A1 USD Cap	LU0219444592	USD	26/09/2005	3	Medium	The Fund’s objective is total return that exceeds the rate of inflation as measured in the U.S. over the long term, measured in U.S. dollars. The Fund invests primarily (at least 70%) in inflation-adjusted debt instruments. The Fund invests primarily in U.S. Treasury inflation-adjusted debt instruments, but may also invest in inflation-adjusted debt instruments issued by other U.S. and foreign government and corporate entities. The Fund invests substantially all of its assets in investment grade debt instruments. The Fund may invest a relatively large percentage of its assets in a single issuer or a small number of issuers.
MFS Meridian Funds	MFS M.Inflation-Adj. Bd Fd A2 USD	LU0219444675	USD	26/09/2005	3	Medium	The Fund’s objective is total return that exceeds the rate of inflation as measured in the U.S. over the long term, measured in U.S. dollars. The Fund invests primarily (at least 70%) in inflation-adjusted debt instruments. The Fund invests primarily in U.S. Treasury inflation-adjusted debt instruments, but may also invest in inflation-adjusted debt instruments issued by other U.S. and foreign government and corporate entities. The Fund invests substantially all of its assets in investment grade debt instruments. The Fund may invest a relatively large percentage of its assets in a single issuer or a small number of issuers.
MFS Meridian Funds	MFS Meridian Gl Cons Fd A1 USD Cap	LU0337786437	USD	04/03/2008	4	Medium	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund normally focuses its investments in equity securities of issuers located in developed and emerging market countries, however may invest without limit in debt instruments of corporate and government issuers based on its view of the relative value of different types of securities and/or other market conditions. The Fund generally focuses its equity investments in companies it believes to be undervalued compared to their perceived worth (value companies). The Fund may invest in companies of any size. The fund may invest in below investment grade debt instruments. The Fund may invest a relatively large percentage of its assets in a small number of issuers.
MFS Meridian Funds	MFS M Emer Mar Debt Loc CCY A1 Cap	LU0406716257	EUR	25/03/2009	2	Medium	The Fund’s investment objective is total return, measured in U.S. Dollars. The Fund takes a top-down research-intensive approach to investing primarily in emerging markets debt securities. The Fund invests primarily (i.e., at least 70% of its total assets) in debt securities and other fixed-income investments which are denominated in the currency of emerging market countries.
MFS Meridian Funds	MFS Meridian US Value A1 HD EUR Cap	LU0583241160	EUR	01/02/2011	NULL	NULL	The Fund’s objective is capital appreciation, measured in U.S. dollars. The Fund invests primarily (at least 70%) in U.S. equity securities. The Fund may also invest in non-U.S. equity securities. The Fund generally focuses its investments in companies it believes to be undervalued compared to their perceived worth (value companies). The Fund generally focuses its investments in larger companies, but may invest in companies of any size.