MFS® Global New Discovery Fund

Fund Overview

Objective

Seeks capital appreciation

Key Differentiators

  • Invests in global small- and mid-cap companies that generate consistent, above-average earnings growth and sustainably high returns on capital while maintaining a rigorous valuation discipline.
  • Consistent focus on small- and mid-sized companies across all market environments.

Managers

Fund Information

GLNAXSYMBOL
$14.63 DAILY NAV AS OF 9/2/15
$25 M NET ASSETS AS OF 7/31/15
Fund Commencement
12/16/11
Class Inception
12/16/11
Net Assets ($M)
As of 7/31/15
$25.74
Maximum Sales Charge
5.75%
Net Asset Value (NAV)
As of 9/2/15
$14.63
NAV Change
$ 0.16  | 1.11%
Fiscal Year End
AUGUST
Fund Number
1053
Gross Expense ratio
2.28 %
Net Expense ratio
1.50 %

Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.

Net Expense Ratio reflects the reduction of expenses from fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance. These reductions will continue until at least December 31, 2015.

Top 10 Holdings Details

As of 7/31/15

Bright Horizons Family Solutions Inc
Bunzl PLC
Bakkafrost P/F
Koito Manufacturing Co Ltd
SS&C Technologies Holdings Inc
Dignity PLC
Sabre Corp
Rightmove PLC
Croda International PLC
NASDAQ OMX Group Inc

12.18% of total net assets

Total number of holdings: 161

Full and Historical Holdings

The portfolio is actively managed, and current holdings may be different.

Average Annual Total Returns % Details

These results represent the percent change in net asset value.

As of 8/31/15 (YTD Updated Daily, as of 9/1/15) As of 6/30/15
 

*YTD Updated Daily as of 9/1/15, 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.

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.

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.

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

  • Investments in small-cap companies can be more volatile than investments in larger companies.

  • Because the portfolio may invest a substantial amount of its assets in issuers located in a single country or in a limited number of countries, it may be more volatile than a portfolio that is more geographically diversified.

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

Product Insights

This publication is authorized for distribution only when preceded or accompanied by a prospectus, or summary prospectus, for the portfolio being offered. Consider the fund's investment objectives, risks, charges and expenses. Contact MFS or view online. Read it carefully.