Why Invest In MFS International New Discovery I (MWNIX)

MFS International New Discovery I Fund MWNIXseeks capital appreciation. MWNIXinvests, under normal market conditions, at least 65% of its total assets in common stocks and related securities of foreign (including emerging market) issuers. MWNIXmay invest in companies of any size, including equity securities issued by foreign companies with relatively small market capitalizations, that MWNIXbelieves are early in their life cycle but have the potential to become major enterprises. MWNIX's investments may also include securities issued in initial public offerings and securities traded in the over-the-counter markets. Under normal market conditions, the fund invests in at least three different countries.

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 8.4% and 5 year 9.3%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.

MWNIX’s performance, as of the last filing, when compared to funds in its category was in the top 70% over the past 1 year, and in the top 10% over the past 3 years and in the top 19% over the past 5 years.

The MFS International New Discovery I 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 (LON:BNZL) Plc, Obic Company Ltd and Amadeus It Holding SA A were the top holdings for MWNIX.

This Zacks Rank #3 (Hold) was incepted in October 1997 and is managed by MFS. MWNIX carries an expense ratio of 1.08% and requires a minimal initial investment of $0.

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