MFS Technology R3 Fund (MTCHX - Free Report) seeks appreciation of capital. MTCHX normally invests a bulk of its assets in securities of companies that will benefit from technological advances and improvements. MTCHX invests its assets mainly in equity securities of technological companies. MTCHX invests in companies with different market-caps.
This Sector - Tech 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 16.9% and 5 year 18.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
MTCHX’s performance, as of the last filing, when compared to funds in its category was in the top 54% over the past 1 year, and in the top 30% over the past 3 years and in the top 36% over the past 5 years.
The MFS Technology R3 fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Intermediate Bond. Further, as of the last filing, Alphabet Inc, Facebook Inc and Amazon.com Inc were the top holdings for MTCHX.
This Zacks Rank #2 (Buy) was incepted in April 2005 and is managed by MFS. MTCHX carries an expense ratio of 1.27% and requires a minimal initial investment of $0.
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