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4 MFS Mutual Funds to Buy Now

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 $428.4 billion (as of Dec 31, 2018).

The company has 1,900 employees dedicated to addressing clients' needs. MFS deals in more than 80 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 four 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 AOTCAX seeks growth of capital. A large chunk of OTCAX's assets is invested in issuers having medium market capitalization. These issuers have market cap identical to the ones listed on the Russell Midcap Growth Index for the previous 13 months. MFS Mid Cap Growth A has three-year annualized returns of 9.9%.

OTCAX has an expense ratio of 1.16% compared with the category average of 1.20%.

MFS Core Equity R6 MRGKX seeks appreciation of capital by investing 80% of its assets in equity securities. MRGKX invests in growth or value companies, or a combination of both. MFS Core Equity R6 has three-year annualized returns of 10.2%.

Joseph G. MacDougall is the fund manager of MRGKX since 2008.

MFS Research R3 MFRHX generally invests in common stocks of companies that are expected to have long-term growth prospects. MFRFX invests in securities of companies of any market-cap with primary focus on large-cap companies. The fund seeks appreciation of capital. MFS Research A has a three-year annualized return of 8.6%.

MFRHX has an expense ratio of only 0.81% compared with the category average of 0.95%.

MFS Global Growth R6 MWOKX 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 9.8%.

As of December 2018, MWOKX held 87 issues with 3.83% of its assets invested in Alphabet Inc A.

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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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MFRHX OTCAX MRGKX MWOKX

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Mutual Funds