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Why Invest in MFS International New Discovery I (MWNIX) (Revised)

MFS International New Discovery I FundMWNIX seeks capital appreciation. MWNIX invests primarily in foreign equity securities which mostly includes equity securities of the emerging markets. MWNIX normally invests the lion's share of its assets in issuers from a single country, a group of countries as well as a specific 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 8.4% and 5 year 9.3%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here .

MWNIX's performance, as of the last filing, when compared to funds in its category was in the top 70% over the past 1 year, and in the top 10% over the past 3 years and in the top 19% over the past 5 years.

As of 09/30/2017, MWNIX allocated 95% of its assets in stocks and 5% in cash. Further, as of the last filing, Bunzl Plc, Obic Company Ltd and Amadeus It Holding SA A were the top holdings for MWNIX.

This Zacks Rank #3 (Hold) was incepted in October 1997 and is managed by MFS . MWNIX carries an expense ratio of 1.08% and requires a minimal initial investment of $0.

( We are reissuing this article to correct a mistake. The original article, issued on October 23, 2017 should no longer be relied upon .)

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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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