Focus on MFS International New Discovery R3 Fund (MIDHX)

MIDHX

MFS International New Discovery R3 Fund (MIDHX - Free Report) seeks growth of capital. MIDHX invests bulk of its assets in equity securities of foreign companies, including those involved in emerging markets. MIDHX invests a bulk of its assets in one country or multiple 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.  

MIDHX’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 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, Bunzl PLC, OBIC Co Ltd and Amadeus IT Group SA A were the top holdings for MIDHX.

This Zacks Rank #3 (Hold) was incepted in April 2005 and is managed by MFS. MIDHX carries an expense ratio of 1.33% and requires a minimal initial investment of $0.

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