MFS® Conservative Allocation Fund

Multi Asset | MACFX
Without Waiver 1.67 %
With Waiver 1.67 %
$ 15.99
$0.02 As of 12/13/17
$2.9B
As of 11/30/17

MFS® Conservative Allocation Fund

Multi Asset
MACFX
$0.02 As of 12/13/17
As of 11/30/17
Multi Asset | MACFX
$ 15.99
$0.02 As of 12/13/17
$2.9B
As of 11/30/17
INVESTMENT OBJECTIVE

Seeks a high level of total return consistent with a conservative level of risk relative to the other MFS Asset Allocation Funds.

INVESTMENT FOCUS

A strategically allocated, broadly diversified portfolio of MFS funds in a single investment

Utilizes a strategic risk-based approach to portfolio construction that efficiently diversifies across and within asset classes while simultaneously being actively-managed within the underlying MFS funds

Disciplined portfolio management is achieved through multi-level risk management, ensuring style consistency. Systematic rules-based rebalancing helps to maintain target risk profiles. Risk-return profiles have historically remained consistent with design.

Fund Information

Fund Commencement
06/28/02
Net Assets ($ M)
As of 11/30/17
$2981.15
Fiscal Year End
MAY
Benchmark

Bloomberg Barclays U.S. Aggregate Bond Index measures the U.S. bond market.

Bloomberg Barclays U.S. Aggregate Bond Index

Top 10 Holdings

As of 11/30/17
  • FNMA 30YR 4.0
  • US Treasury Note 1.625% JUN 30 19
  • FNMA 30YR 3.5
  • US Treasury Note 1% NOV 30 18
  • FNMA 30YR 4.5
  • FHLMC GOLD 30YR 3.5
  • US Treasury Note 2.5% AUG 15 23
  • US Treasury Note 1% JUN 30 19
  • Ust Bond 2yr Future Mar 29 18
  • Ust 10yr Ultra Bond Future Mar 20 18*

Important Risk Considerations

The fund may not achieve its objective and/or you could lose money on your investment in the fund.

Stock markets and investments in individual stocks are volatile and can decline significantly in response to issuer, market, economic, industry, political, regulatory, geopolitical, and other conditions.

Investments in debt instruments may decline in value as the result of declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore the Fund's share price may decline during rising rates. Funds that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.

Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, currency, economic, industry, political, regulatory, geopolitical, or other conditions.

MFS' strategy of investing in underlying funds exposes the fund to the risks of the underlying funds. Each underlying fund pursues its own objective and strategies and may not achieve its objective.

Please see the prospectus for further information on these and other risk considerations.

Performance

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Average Annual Total Returns %

Average Annual Total Returns %

These results represent the percent change in net asset value.
Monthly | Quarterly As of 09/30/17 (*YTD Updated Daily, As of 12/13/17 , subject to revision and not annualized.)

    Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.

    MORNINGSTAR RATING
    Morningstar Overall Rating As of Class A Shares

    Morningstar

    Morningstar ratings are based on risk adjusted performance.

    OVERALL
    Out Of Funds
    NA
    OVERALL MORNINGSTAR RATING
    Morningstar Overall Rating As of Class A Shares

    Morningstar

    Morningstar ratings are based on risk adjusted performance.

    NA
    THREE YEAR
    Out Of Funds
    NA
    FIVE YEAR
    Out Of Funds
    NA
    TEN YEAR
    Out Of Funds
    NA

    Important Performance Information

    Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the fund's performance results would be less favorable. All results are historical and assume the reinvestment of dividends and capital gains.

    Sales Charges

    Class A shares ("A") results include the maximum sales charge.

    Annual Rate of Return %
    Pricing & Distributions