Time to Buy MFS International Growth A Fund (MGRAX)

MGRAX

MFS International Growth A Fund (MGRAX - Free Report) seeks growth of capital in the long run. MGRAX invests primarily in common stocks and related securities of foreign (including emerging market) issuers. MGRAX focuses on companies that it believes have above average growth potential. 

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 8.8% and 5 year 8.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

MGRAX’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 36% over the past 5 years.

The MFS International Growth 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, Nestle SA, Taiwan Semiconductor Manufacturing Co Ltd ADR and Roche Holding AG Dividend Right Cert. were the top holdings for MGRAX.

This Zacks Rank #3 (Hold) was incepted in October 1995 and is managed by MFS. MGRAX carries an expense ratio of 1.18% and requires a minimal initial investment of $1,000.

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