MFS® Aggressive Growth Allocation Fund

Fund Overview

Objective

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

Key Differentiators

  • 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.

Managers

Fund Information

MAAGXSYMBOL
$20.63 DAILY NAV AS OF 2/22/17
$1.6 B NET ASSETS AS OF 1/31/17
Fund Commencement
6/28/02
Class Inception
6/28/02
Net Assets ($M)
As of 1/31/17
$1,626.01
Maximum Sales Charge
5.75%
Net Asset Value (NAV)
As of 2/22/17
$20.63
NAV Change
$ 0.00  | 0.0%
Fiscal Year End
MAY
Fund Number
1029
Gross Expense ratio
1.14 %
Net Expense ratio
1.12 %

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 September 30, 2017.

Top 10 Holdings Details

As of 1/31/17

Nestle SA
Facebook Inc
Amazon.com Inc
Alphabet Inc Class A
Visa Inc
Roche Holding AG
Aon PLC
Bloomberg Commodity Index Total Return
Danone SA
Medtronic PLC

7.24% of total net assets

Total number of holdings: 1390

Current holdings may be different.

Average Annual Total Returns % Details

These results represent the percent change in net asset value.

As of 1/31/17 (YTD Updated Daily, as of 2/21/17) As of 12/31/16
 

*YTD Updated Daily as of 2/21/17, 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.

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™ Details

As of 1/31/17

MORNINGSTAR CATEGORY:

Allocation--85%+ Equity

Overall

Out of   139   funds

3 Yr.

Out of   139   funds

5 Yr.

Out of   125   funds

10 Yr.

Out of   102   funds

Morningstar ratings are based on risk adjusted performance.

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, currency, economic, industry, political, regulatory, geopolitical, or other conditions.

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

  • 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.

Product Insights

Morningstar Disclosure

The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar rankings may vary among share classes and are based on historical total returns, which are not indicative of future results.

Class A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan.) Therefore, Morningstar strongly encourages investors to contact their investment professional to determine whether they are eligible to purchase the A share without paying the front load.

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.