We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Focus On MFS International New Discovery R6 Fund (MIDLX)
MFS International New Discovery R6 Fund (MIDLX - Free Report) seeks appreciation of capital in the long run. MIDLX primarily invests in common stocks and securities of non-U.S based companies from the emerging markets. MIDLX invests the lion’s share of its assets in a single country or a group of countries from a particular geographic region.
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 8.5% and 5 year almost 9.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
MIDLX’s performance, as of the last filing, when compared to funds in its category was in the top 69% over the past 1 year, and in the top 10% over the past 3 years and in the top 18% over the past 5 years.
The MFS International New Discovery R6 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, Amadeus IT Group SA A and OBIC Co Ltd were the top holdings for MIDLX.
This Zacks Rank #3 (Hold) was incepted in June 2012 and is managed by MFS. CGRCX carries an expense ratio of 0.96% and requires a minimal initial investment of $0.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>