Buy These 3 Great MFS Mutual Funds Today

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Founded in 1924, MFS had nearly $256 billion in assets under management as of Jun 30, 2018. MFS deals in more than 60 portfolios, which invests in both domestic and global stocks as well as in fixed-income debt securities. The company focuses on providing a wide variety of financial products and services to fulfil the needs of investors as well as 10,000 investment professionals.

MFS is headquartered in Boston, MA and has investment offices in Hong Kong, Sao Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company has 1,700 employees dedicated to address clients' needs. Its investment approach includes integrated study, international cooperation and effective risk management.

Below we share with you three top-rated MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of MFS funds.

MFS International Growth R4 MGRVX seeks capital growth by investing the majority of its assets in foreign equity securities, which comprise emerging market equity securities. The fund invests in equity securities of companies it believes could have better-than-average potential for earnings growth. MGRVX has three and five-year annualized returns of 11% and 5.9%, respectively.

David A. Antonelli is one of the fund managers of MGRVX since 2010.

MFS Massachusetts Investor Growth STK A MIGFX aims or capital appreciation by investing 80% of its assets in stocks. These stocks may consist of common stocks or other securities that represent an ownership interest in a company or other issuer.          MIGFX has three and five-year annualized returns of 15.5% and 11.4%, respectively.

MIGFX has an expense ratio of 0.70% compared with the category average of 1.07%.

MFS International New Discovery A MIDAX seeks capital appreciation by primarily investing its assets in foreign equity securities that consist of emerging market equity securities. The fund may invest a large part of its assets in a single sector, industry, nation or region. MIDAX has three and five-year annualized returns of 9.8% and 5.5%, respectively.

As of February 2019, MIDAX held 326 issues, with 2.54% of its assets invested in
OBIC Co Ltd.

To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of MFS funds.

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