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Brief Study of MFS Technology R2 Fund (MTERX)
MFS Technology R2 Fund (MTERX - Free Report) seeks growth of capital. MTERX invests the lion’s share of its assets in the equity securities of those companies which are involved in development or usage of products, processes and services that would benefit extraordinarily from technological developments. The fund invests in companies of different sizes.
To see how this fund performed compared in its category, and other #4 and #5 Ranked Mutual Funds, please click here.
MTERX’s performance, as of the last filing, when compared to funds in its category was in the top 61% over the past 1 year.
The MFS Technology R2 Fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Precious Metal. Further, as of the last filing, Alphabet Inc A, Facebook Inc A and Amazon.com Inc were the top holdings for MTERX.
This Zacks Rank #4 (Sell) was incepted in October 2003 and is managed by MFS. MTERX carries an expense ratio of 1.49% which is more than the category average of 1.44%. MTERX requires a minimal initial investment of $0.
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