MFS Prudent Capital Trust available on BT Wrap
MFS Investment Management’s MFS Prudent Capital Trust fund is now available to Australian retail investors through the BT Wrap platform.
The MFS Prudent Capital Trust followed a strategy of investing in both equity and debt instruments of quality businesses with the flexibility to invest in cash to target a total return over a full market cycle.
Its focus was on capital appreciation without being constrained by benchmark, regional or market capitalisation.
The trust was run by portfolio managers Barnaby Weiner, David Cole and Edward Dearing, and had returned 17.16% since its inception on 18 December, 2018, according to data from FE Analytics.
The strategy of the fund is 50-90% global equity, up to14% cash or short-term equivalents, and 10-30% global credit.
According to FE Analytics, the fund’s current highest weightings were 46.24% international equities, 29.64% global fixed interest, and 19.34% money market.
MFS Prudent Capital Trust performance since inception vs mixed asset sector
AUTHOR
Chris Dastoor
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
