MFS® Global Multi-Asset Fund

Fund Overview

Objective

Seeks total return.

Key Differentiators

  • Flexible multi-asset class strategy to navigate changing markets
  • Globally diversified portfolio of traditional and non-traditional investments, including commodities and REITs
  • May provide enhanced risk-adjusted returns compared to traditional balanced funds

Managers

Fund Information

GLMAXSYMBOL
$9.85 DAILY NAV AS OF 5/28/15
$29 M NET ASSETS AS OF 4/30/15
Fund Commencement
3/30/11
Class Inception
3/30/11
Net Assets ($M)
As of 4/30/15
$29.26
Maximum Sales Charge
5.75%
Net Asset Value (NAV)
As of 5/28/15
$9.85
NAV Change
$ -0.06  | -0.61%
Fiscal Year End
JUNE
Fund Number
1049
Gross Expense ratio
2.21 %
Net Expense ratio
1.44 %

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 October 31, 2015.

Top 10 Holdings Details

As of 4/30/15

GB Govt Bond 10YR Future JUN 26 15
UST Bond 10YR Future JUN 19 15
DAX Index Future JUN 19 15
Hang Seng Index Future MAY 28 15
CAC 40 Index Future MAY 15 15
Russell 2000 E-Mini Future JUN 19 15*
Aust SPI 200 Future JUN 18 15*
JGB 10Yr Future JUN 11 15*
S&P 500 E-Mini Future JUN 19 15*
Euro Bund 10Yr Future JUN 08 15*

32.72% long and 51.14% short (*) positions of total net assets

Total number of holdings: 1056

Full and Historical Holdings

15.25% of the total net assets are invested in the MFS Commodity Strategy Fund

5.03% of the total net assets are invested in the MFS Global Real Estate Fund

*Short positions, unlike long positions, lose value if the underlying asset gains value.

Average Annual Total Returns % Details

These results represent the percent change in net asset value.

As of 4/30/15 (YTD Updated Daily, as of 5/28/15) As of 3/31/15
 

*YTD Updated Daily as of 5/28/15, 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 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 rate environments as the underlying debt instruments in the portfolio adjust to the rise in 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.

  • 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 derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.

  • MFS’ assessment of the risk/return potential of asset classes, markets and currencies and its adjustments to the fund’s exposure to asset classes, markets and currencies may not produce intended results and/or can lead to an investment focus that results in the fund underperforming other funds that invest in similar investment types or have similar investment strategies and/or underperform the markets in which the fund invests.

  • The fund’s strategy to manage its exposure to asset classes, markets and currencies may not produce intended results. In addition, the strategies that MFS may implement to limit the fund’s exposure to certain extreme market events may not work as intended, and the costs associated with such strategies will reduce the fund’s returns.

  • 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.