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MFS® New Discovery Fund Class A (MNDAX)

18.50
Net Asset Value
+1.31%
1 Day
-17.92%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
1.36%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests the fund's assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing the fund's assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies).

Performance

1 month-9.98% 3 years-1.64%
3 months-18.18% 5 years+1.14%
1 year-19.98% Since inception+8.48%
Data through --

Peer Comparisonvs. Small growth

 MNDAXCategory
Performance 5-yr return+1.14%+9.40%
Expense ratio1.36%1.35%
Risk 5 year sharpe ratio0.310.49
Net assets$1.1B$756.9M
Average market cap$2.6B$2.8B
Average P/E28.024.3
Portfolio turnover56%56%

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Fund Management and Purchase Info

Fund familyMFS
Fund manager & tenureMichael Grossman / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock90.42%
International stock5.99%
Cash2.83%
Fixed income0.76%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 15.52%
Industrial materials 13.11%
Consumer service 12.40%
Hardware 12.20%
Energy 7.76%
Top 10 Holdings
Portfolio weighting
BFAM Bright Horizons Family Solutions Inc3.15%
IT Gartner Inc2.58%
SSNC SS&C Technologies Holdings Inc2.06%
HCSG Healthcare Services Group Inc2.02%
MASI Masimo Corp1.80%
AME Ametek Inc1.79%
SABR Sabre Corp1.74%
STE Steris PLC1.68%
LYV Live Nation Entertainment Inc1.66%
CVT Cvent Inc1.66%

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