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Focus on MFS International New Discovery R2 Fund (MIDRX)

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MFS International New Discovery R2 Fund (MIDRX - Free Report) seeks growth of capital. MIDRX invests its assets mainly in equity securities issued by foreign companies, including those involved in emerging markets. MIDRX may invest bulk of its assets in companies in a particular country, small number of countries, or a certain geographic region.

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 8.3% and 5 year 9.2%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.

MIDRX’s performance, as of the last filing, when compared to funds in its category was in the top 56% over the past 1 year, and in the top 17% over the past 3 years and in the top 23% over the past 5 years.           

The MFS International New Discovery R2 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 MIDRX.

This Zacks Rank #3 (Hold) was incepted in October 2003 and is managed by MFS. MIDRX carries an expense ratio of 1.58% and requires a minimal initial investment of $0.

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