Credit: Shutterstock photoMFS Growth A ( MFEGX ) a Zacks Rank #2 (Buy) invests, under normal market conditions, at least 65% of its net assets in common stocks and related securities such as preferred stocks, convertible securities and depositary receipts for those securities, of emerging growth companies.
This All Cap Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth and High Yield Bond. Further, as of the last filing, ALPHABET INC, FACEBOOK INC and VISA INC were the top holdings for MFEGX.
The MFS Growth A fund, managed by MFS , carries an expense ratio of 0.96%. Moreover, MFEGX requires a minimal initial investment of $1,000.
MFEGX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 2.22%, 3 year 5.92% and 5 year 13.66%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
MFEGX's performance, as of the last filing, when compared to funds in its category was in the top 59% in 1 year, top 39% over the past 3 years, and in the 41% over the past 5 years.
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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.
