Investment objective & strategy
As of Jan. 27, 2026 · prospectusObjective. The funds investment objective is to seek capital appreciation.
Strategy. MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the funds assets primarily in foreign equity securities, including emerging market equity securities. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing the funds assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies). While MFS may invest the funds assets in securities of companies of any size, MFS primarily invests in securities of companies with small to medium capitalizations. MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS … MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the funds assets primarily in foreign equity securities, including emerging market equity securities. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing the funds assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies). While MFS may invest the funds assets in securities of companies of any size, MFS primarily invests in securities of companies with small to medium capitalizations. MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the funds assets in issuers in a single industry, sector, country, or region. MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MFS Institutional Money Market Portfolio, Class A | — | $175.86M | 2.41% |
| AGNICO EAGLE MINES LTD | — | $95.08M | 1.31% |
| ITALGAS SPA | — | $81.25M | 1.12% |
| ASMPT LTD | — | $80.19M | 1.10% |
| SYMRISE AG COMMON STOCK | SY1 | $80.06M | 1.10% |
| OBIC COMPANY LTD | 4684 | $79.00M | 1.08% |
| ALAMOS GOLD INC A | — | $75.53M | 1.04% |
| GEA GROUP AG | — | $74.79M | 1.03% |
| DOLLARAMA INC | — | $73.76M | 1.01% |
| JPMORGAN US GOVERNMENT MONEY MARKET FUND OPEN-END FUND USD | MGMXX | $69.88M | 0.96% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| MFS Global New Discovery Fund · GLNAX, GLNBX, GLNCX, GLNIX, GLNJX, GLNKX, GLNLX, GLNMX, GLNNX | 24% | 1.01% |
| International Opportunities Fund · VIOPX | 15% | 1.01% |
| MFS Research International Portfolio | 14% | 0.89% |
Advisers
| Firm | Role |
|---|---|
| MASSACHUSETTS FINANCIAL SERVICES COMPANY | Adviser |
Footnotes
- Expense ratio as of January 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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