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Brief Study of MFS International Growth R3 Fund (MGRTX)
MFS International Growth R3 Fund (MGRTX - Free Report) seeks growth of capital. MGRTX invests heavily in equity securities of foreign companies, which have exposure in emerging markets. MGRTX focuses on investing in those companies, which have above-average growth potential.
This Non US - Equity product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.8% and 5 year 8.3%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.
MGRTX’s performance, as of the last filing, when compared to funds in its category was in the top 25% over the past 1 year, and in the top 13% over the past 3 years and in the top 35% over the past 5 years.
The MFS International Growth R3 fund, as of the last filing, allocates their fund in top two major groups; Foreign Stock and Intermediate Bond. Further, as of the last filing, Nestle SA, Roche Holding AG Genusss and AIA Group Ltd were the top holdings for MGRTX.
This Zacks Rank #3 (Hold) was incepted in October 2008 and is managed by MFS. MGRTX carries an expense ratio of 1.18%.
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