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3 MFS Mutual Funds for Scintillating Returns

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Renowned global asset manager MFS aims to provide an array of financial products and services to fulfill the needs of its investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth over $661.6 billion as of Jun 30, 2021.

The company has 1,900 employees dedicated to addressing clients’ needs. MFS deals in more than 80 portfolios investing in not only domestic and global stocks but also fixed-income securities. It has investment offices in Boston, Hong Kong, São Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company was founded in 1924 and is headquartered in Boston, MA.

Below we share with you three top-ranked MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

MFS Emerging Markets Debt Local Currency Fund Class A (EMLAX - Free Report) aims for total return with a focus on high current income. The fund invests the majority of its assets in debt instruments of issuers that are economically linked to emerging market countries and denominated in local currencies and in derivative instruments that have similar economic characteristics to these instruments. The fund has returned 4.7% in the past three years.

Ward Brown is the fund manager of EMLAX since 2008.

MFS Global Real Estate Fund Class A (MGLAX - Free Report) aims for total return. The fund mostly invests in equity securities of U.S. and foreign real estate-related investments. It has three-year annualized returns of 11.8%.

As of the end of March 2021, MGLAX held 63 issues with 5.94% of its assets invested in Prologis Inc.

MFS Growth Fund Class R3 (MFEHX - Free Report) focuses on capital appreciation by investing primarily in equity securities. The fund’s advisor invests MFEHX’s assets in stocks of companies that the advisor believes have the potential for more-than-average earnings growth against the other growth companies. MFEHX has three-year annualized returns of 23.5%.

MFEHX has an expense ratio of 0.87% compared with the category average of 0.99%.

To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of funds.

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