MFS International New Discovery A Fund (MIDAX - Free Report) seeks capital appreciation. MIDAX invests, under normal market conditions, at least 65% of its total assets in common stocks and related securities of foreign (including emerging market) issuers. MIDAX may invest in companies of any size, including equity securities issued by foreign companies with relatively small market capitalizations, that the fund believes are early in their life cycle but have the potential to become major enterprises. MIDAX's investments may also include securities issued in initial public offerings and securities traded in the over-the-counter markets. Under normal market conditions, MIDAX invests in at least three different countries.
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 8.6% and 5 year 9.5%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.
MIDAX’s performance, as of the last filing, when compared to funds in its category was in the top 52% over the past 1 year, and in the top 14% over the past 3 years and in the top 20% over the past 5 years.
The MFS International New Discovery A 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, OBIC Co Ltd and Amadeus IT Group SA A were the top holdings for MIDAX.
This Zacks Rank #3 (Hold) was incepted in October 1997 and is managed by MFS. MIDAX carries an expense ratio of 1.33% and requires a minimal initial investment of $1,000.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
MFS International New Discovery A Fund (MIDAX - Free Report) seeks capital appreciation. MIDAX invests, under normal market conditions, at least 65% of its total assets in common stocks and related securities of foreign (including emerging market) issuers. MIDAX may invest in companies of any size, including equity securities issued by foreign companies with relatively small market capitalizations, that the fund believes are early in their life cycle but have the potential to become major enterprises. MIDAX's investments may also include securities issued in initial public offerings and securities traded in the over-the-counter markets. Under normal market conditions, MIDAX invests in at least three different countries.
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 8.6% and 5 year 9.5%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.
MIDAX’s performance, as of the last filing, when compared to funds in its category was in the top 52% over the past 1 year, and in the top 14% over the past 3 years and in the top 20% over the past 5 years.
The MFS International New Discovery A 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, OBIC Co Ltd and Amadeus IT Group SA A were the top holdings for MIDAX.
This Zacks Rank #3 (Hold) was incepted in October 1997 and is managed by MFS. MIDAX carries an expense ratio of 1.33% and requires a minimal initial investment of $1,000.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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