Focus On MFS International New Discovery R6 Fund (MIDLX)

MIDLX

MFS International New Discovery R6 Fund (MIDLX - Free Report) seeks appreciation of capital in the long run. MIDLX primarily invests in common stocks and securities of non-U.S based companies from the emerging markets. MIDLX invests the lion’s share of its assets in a single country or a group of countries from a particular geographic region.

This Non US - Equity producthas a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.5% and 5 year almost 9.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

MIDLX’s performance, as of the last filing, when compared to funds in its category was in the top 69% over the past 1 year, and in the top 10% over the past 3 years and in the top 18% over the past 5 years.

The MFS International New Discovery R6 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, Bunzl PLC, Amadeus IT Group SA A and OBIC Co Ltd were the top holdings for MIDLX.

This Zacks Rank #3 (Hold) was incepted in June 2012 and is managed by MFS. CGRCX carries an expense ratio of 0.96% and requires a minimal initial investment of $0.

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