MFS Investment Management has launched MFS Meridian Funds – Blended Research US Core Equity Fund, an actively managed strategy domiciled and regulated in Luxembourg that aims to invest primarily in US equities through quantitative and fundamental analysis.

Fund strategy

The fund’s objective is capital appreciation through investment primarily in US equity securities. MFS stated that the strategy seeks to outperform the S&P 500 Index over a full market cycle while managing a controlled tracking error.

The portfolio will typically hold 80 to 150 securities. MFS mentioned in its risk disclosures that the strategy targets a predicted tracking error of approximately 2% against the index, although it warned that predicted and actual tracking…