Renowned global asset manager MFS aims to provide an array of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company manages worth over $454.1 billion (as of Oct 31, 2018).
The company has 1,700 employees dedicated to addressing clients’ needs. MFS deals in more than 60 portfolios investing in not only domestic and global stocks, but also in 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-rated 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 MFS funds.
MFS Mid Cap Growth R6 (OTCKX - Free Report) seeks appreciation of capital. The fund invests a large chunk of its assets in mid-cap companies. OTCKX focuses those mid-cap companies that have market cap similar to those within the range of the Russell Midcap Growth Index in the last 13 months. MFS Mid Cap Growth R6 has three-year annualized returns of 12.1%.
OTCKX has an expense ratio of only 0.81% compared with the category average of 1.20%.
MFS Global Growth R6 (MWOKX - Free Report) invests its assets mainly in domestic and foreign companies. MWOKX focuses on investing primarily in growth companies. It seeks appreciation of capital. MFS Mid Cap Growth R6 has three-year annualized returns of 10.2%.
As of October 2018, MWOKX held 90 issues, with 3.78% of its assets invested in Alphabet Inc A.
MFS Core Equity R6 (MRGKX - Free Report) seeks appreciation of capital. The fund invests a huge portion of its assets in equity securities. MRGKX invests in growth companies or value companies, and may invest in both growth and value companies. MFS Core Equity R6 has three-year annualized returns of 12.2%.
Joseph G. MacDougall is the fund manager of MRGKX since 2008.
To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of MFS funds.
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