MFS® Conservative Allocation Portfolio

$ 11.62
$0.04 As of 02/20/18
$559M
As of 01/31/18

MFS® Conservative Allocation Portfolio

$0.04 As of 02/20/18
As of 01/31/18
$ 11.62
$0.04 As of 02/20/18
$559M
As of 01/31/18
INVESTMENT OBJECTIVE

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

INVESTMENT FOCUS

A strategically allocated, broadly diversified portfolio of MFS portfolios 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 portfolios

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

Net Assets ($ M)
As of 01/31/18
$559.65
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 01/31/18
  • US Treasury Note 1.375% SEP 30 19
  • FNMA 30YR 4.0
  • FHLMC GOLD 30YR 3.5
  • UST Bond 2Yr Future MAR 29 18
  • US Treasury Note 1.75% NOV 30 21
  • US Treasury Note 1.75% MAY 15 22
  • US Treasury Bond 2.875% MAY 15 43
  • FNMA 30YR 3.5
  • US Treasury Note 3.5% MAY 15 20
  • UST 10Yr Ultra Bond Future MAR 20 18*

Important Risk Considerations

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

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 12/31/17 (*YTD Updated Daily, As of 02/20/18 , 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 units, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.

    OVERALL
    Out Of Funds
    NA
    OVERALL MORNINGSTAR RATING
    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 portfolios' performance results would be less favorable. All results assume the reinvestment of dividends and capital gains. The performance is as of the date shown; it may not include the entire investment portfolio and is subject to change.

    The returns for the portfolio shown do not reflect the deduction of expenses associated with variable products, such as mortality and expense risk charges, separate account charges, and sales charges imposed by insurance company separate accounts. Such expenses would reduce the overall returns shown. Please refer to the variable product's annual report for performance that reflects the deduction of the fees and charges imposed by insurance company separate accounts.

    Withdrawals of earnings and other taxable amounts are subject to income tax and, if made prior to age 59 ½, may be subject to an additional 10% federal tax penalty. Early withdrawals reduce the death benefit.

    Sales Charges

    Initial Class shares have no sales charge.

    Performance figures shown for periods before December 8, 2012, represent performance of the prior investment adviser and sub-adviser to the fund's predecessor under the previous investment strategies for the Fund.

    No representation is made, and no assurance can be given, that any investment's results will be comparable to the investment results of any other product with similar investment objectives and policies, including products with the same investment professional or manager. Differences in portfolio size, investments held, contract and portfolio expenses, and other factors can be expected to affect performance.

    A Word About Variable Products

    Issued by insurance companies, variable annuity and variable life insurance contracts allow investors to accumulate money on a tax deferred basis for long-term financial goals. Mortality and expense charges (which compensate the insurance company for insurance risks it assumes under the contract), surrender charges (typically levied if a contract holder cancels it within a certain period following initial purchase), and an annual maintenance charge are among the fees typically associated with these types of variable products.
    Also keep in mind that any income guarantees are subject to the claims-paying ability of the issuing insurance company, and that contract owners have options when a contract's payout phase begins. Generally, investors may take their money in a lump sum, make discretionary or systematic distributions, or they can annuitize.
    Please refer investors to your variable annuity or life insurance contract as well as the underlying fund prospectus(es) for more
    detailed information and other important considerations, which should be read carefully before investing.

    Annual Rate of Return %
    Pricing & Distributions