Consider These 3 MFS Mutual Funds For Sturdy Returns

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 $256 billion (as of Jun 30, 2018).

The company has 1,700 employees dedicated to address 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. 

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 on investing in 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 16.8%.

OTCKX has an expense ratio of only 0.84% compared with the category average of 1.19%.

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 15.2%.

As of August 2018, MWOKX held 90 issues, with 3.96% 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 one-year annualized returns of 16.2%.