INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
A well-diversified portfolio of high-conviction ideas following a growth-at-a-reasonable price style with a quality bias
An investment philosophy based on our beliefs that stocks trading at a discount to their projected value have a greater potential for multiple expansion
Individual stock selection as the primary source of alpha generation over the long term, due to a focus on seeking to identify high quality, attractively valued companies through our global research platform
Fund Information
- Fund Commencement 12/05/2024
- Net Assets ($ M) As of 12/11/24 $25.10
- Fiscal Year End FEBRUARY
-
Benchmark
MSCI All Country World (ex-US) Index measures developed and emerging market stock markets.MSCI All Country World (ex-US) Index (net div)
- Net Asset Value (NAV) As of 12/11/24 $25.1
- Most Recent NAV Change As of 12/11/24 $0.05 | 0.18%
- Market Price (MP) As of 12/11/24 $25.19
- Most Recent Market Price Change As of 12/11/24 $0.04 | 0.16%
-
Premium / Discount
As of 12/11/24
0.37%
Premium/Discount indicates whether a fund is trading above (premium) or below (discount) its Net Asset Value (NAV).
-
30 Day Median Bid / Ask Spread
--
The median bid-ask spread is calculated by identifying national best bid and national best offer (NBBO) for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is the median bid-ask spread, which is identified and posted on each business day.
-
Expense Ratio
0.59%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
- Exchange NYSE
MANAGERS
Top 10 Holdings
No data currently available
Important Risk Considerations
Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Shares of ETFs are bought and sold at market price, not NAV, and are not individually redeemed from the fund. The market price at the time of sale may be higher or lower than the fund’s NAV, and any applicable brokerage commissions will reduce returns. There can be no guarantee that an active market for the funds will develop or be maintained.
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
International: 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.
Please see the prospectus for further information on these and other risk considerations.
Filipe Benzinho
Portfolio Manager
Filipe M.G. Benzinho is an investment officer and equity portfolio manager with MFS Investment Management® (MFS®). He is a member of the portfolio management team of the firm's International Equity and International Concentrated strategies, responsible for final buy and sell decisions and portfolio construction as well as risk and cash management. He participates in the research process and strategy discussions. He is based in London. Filipe joined MFS in 2009 and has followed financial, business services and transportation companies. He was named portfolio manager in 2016. He joined the firm from A.T. Kearney, where he worked for three years as a business analyst. He began his career in the financial services industry in 2005. Filipe has an undergraduate degree from Instituto Superior de Ciências do Trabalho e da Empresa and earned a Master of Business Administration degree from Harvard Business School.
Daniel Ling, CFA
Portfolio Manager
Daniel T. Ling, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). In this role, he participates in the research process and strategy discussions and is responsible for buy and sell decisions, portfolio construction, risk control and cash management for the firm's diversified core international strategies. He is based in MFS' Singapore office. Daniel joined MFS in 2006 as a global equity research analyst and was later named sector leader for consumer cyclical stocks in addition to covering consumer staples, energy and capital goods. Prior to joining the firm, he served as a portfolio manager for Lion Capital Management in Singapore for six years and as a process analyst for Accenture for one year. He began his career in the investment industry in 1999. Daniel earned a Bachelor of Arts degree, with honors, from Nanyang Technological University in Singapore. He holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
Jed Stocks, CFA
Portfolio Manager
Jed Stocks, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). He is a member of the portfolio management team responsible for the firm's Blended research, low volatility and other quantitatively managed equity strategies. In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the quantitative research process and strategy discussions. Jed began his career in the financial services industry as a teleservices representative for MFS in 1999 and later rejoined the firm in 2001. He became a quantitative research associate in 2002 and was named a quantitative research analyst in 2005 before assuming his current role in 2015. Jed earned a Bachelor of Science degree in finance from Lehigh University. He holds the Chartered Financial Analyst (CFA) designation.
Brett Fleishman
Institutional Portfolio Manager
Brett Fleishman is an investment officer and institutional portfolio manager at MFS Investment Management® (MFS®). In his role, he participates in the research process and strategy discussions and communicates investment policy, strategy and positioning to clients. He also assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. Brett joined MFS in 2001 as an equity research analyst. He assumed his current duties in 2008. Prior to joining the firm, he served for two years as a senior consultant for Ernst & Young LLP and spent two years as a research analyst for Industrial Economics, Inc. Brett earned a Master of Business Administration degree from the University of Pennsylvania's Wharton School and holds a Bachelor of Arts degree from Brandeis University, Phi Beta Kappa, magna cum laude.
Chris Sunderland
Institutional Portfolio Manager
Chris Sunderland is an investment officer and institutional portfolio manager at MFS Investment Management® (MFS®). As an institutional portfolio manager, he participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows. He is also responsible for communicating investment policy, strategy, and positioning.
Prior to joining MFS in 2015, Chris was a vice president of Eaton Vance Management, director of product and portfolio strategy for equity mandates and an institutional portfolio manager for Eaton Vance's broad suite of equity investment strategies, including US Large Cap Value, Hexavest Global and International Equity, Parametric Emerging Markets and the Richard Bernstein Advisors strategies. Previously, he was affiliated with AXA Investment Managers, where he served as an institutional portfolio manager. Before that, he served as a senior portfolio manager with State Street Global Advisors, where he was responsible for managing U.S. Large-Cap Core and Growth equity strategies. He began his career in the financial services industry at State Street Bank in 1990.
Chris earned a Bachelor of Science degree in finance from Babson College and a Master of Business Administration degree from the F.W. Olin School of Business at Babson College. His commentary has appeared in Institutional Investor, Boston Business Journal, FundFire, Ignites, Bloomberg TV, Fox Business News and the Business News Network.
Performance
Average Annual Total Returns (%)
Market price returns are calculated using the closing price reported by the exchange.
Market price returns are calculated using the closing price reported by the exchange.
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 assume the reinvestment of dividends and capital gains.
Annual Rate of Return (%)
Market price returns are calculated using the closing price reported by the exchange.
Market price returns are calculated using the closing price reported by the exchange.
No data currently available
Premium / Discount (%)
The line graph and table below display historical data regarding the differences between the daily closing market price of the fund - as determined by the fund’s listing exchange - and the fund’s NAV. The Vertical Axis displays the premium/discount as a percentage of NAV, while the Horizontal Axis displays the corresponding date.
The table below shows the number of trading days in which the ETF traded at a premium (greater than), discount (less than) or at its NAV.
The line graph and table below display historical data regarding the differences between the daily closing market price of the fund - as determined by the fund’s listing exchange - and the fund’s NAV. The Vertical Axis displays the premium/discount as a percentage of NAV, while the Horizontal Axis displays the corresponding date.
The table below shows the number of trading days in which the ETF traded at a premium (greater than), discount (less than) or at its NAV.
Number of Days at a Premium / Discount
Pricing History
- NAV at Close of Trading on: 12/11/24
- Net Asset Value (NAV): $25.10
- MP at Close of Trading on: 12/11/24
- Market Price (MP): $25.19
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
| MP at Close of Trading on | Market Price (MP) |
|---|
30-Day SEC Yield (%)
The fund's 30-day yield is based on the yield of a fund's investments over a 30-day period and not on the dividend paid by the fund, which may differ.
-
Overview
INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
A well-diversified portfolio of high-conviction ideas following a growth-at-a-reasonable price style with a quality bias
An investment philosophy based on our beliefs that stocks trading at a discount to their projected value have a greater potential for multiple expansion
Individual stock selection as the primary source of alpha generation over the long term, due to a focus on seeking to identify high quality, attractively valued companies through our global research platform
Fund Information
- Fund Commencement 12/05/2024
- Net Assets ($ M) As of 12/11/24 $25.10
- Fiscal Year End FEBRUARY
-
Benchmark
MSCI All Country World (ex-US) Index measures developed and emerging market stock markets.MSCI All Country World (ex-US) Index (net div)
- Net Asset Value (NAV) As of 12/11/24 $25.1
- Most Recent NAV Change As of 12/11/24 $0.05 | 0.18%
- Market Price (MP) As of 12/11/24 $25.19
- Most Recent Market Price Change As of 12/11/24 $0.04 | 0.16%
-
Premium / Discount
As of 12/11/24
0.37%
Premium/Discount indicates whether a fund is trading above (premium) or below (discount) its Net Asset Value (NAV).
-
30 Day Median Bid / Ask Spread
--
The median bid-ask spread is calculated by identifying national best bid and national best offer (NBBO) for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is the median bid-ask spread, which is identified and posted on each business day.
-
Expense Ratio
0.59%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
- Exchange NYSE
MANAGERS
Top 10 Holdings
No data currently available
Important Risk Considerations
Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Shares of ETFs are bought and sold at market price, not NAV, and are not individually redeemed from the fund. The market price at the time of sale may be higher or lower than the fund’s NAV, and any applicable brokerage commissions will reduce returns. There can be no guarantee that an active market for the funds will develop or be maintained.
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
International: 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.
Please see the prospectus for further information on these and other risk considerations.
Filipe Benzinho
Portfolio Manager
18YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOFilipe M.G. Benzinho is an investment officer and equity portfolio manager with MFS Investment Management® (MFS®). He is a member of the portfolio management team of the firm's International Equity and International Concentrated strategies, responsible for final buy and sell decisions and portfolio construction as well as risk and cash management. He participates in the research process and strategy discussions. He is based in London. Filipe joined MFS in 2009 and has followed financial, business services and transportation companies. He was named portfolio manager in 2016. He joined the firm from A.T. Kearney, where he worked for three years as a business analyst. He began his career in the financial services industry in 2005. Filipe has an undergraduate degree from Instituto Superior de Ciências do Trabalho e da Empresa and earned a Master of Business Administration degree from Harvard Business School.
Daniel Ling, CFA
Portfolio Manager
26YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIODaniel T. Ling, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). In this role, he participates in the research process and strategy discussions and is responsible for buy and sell decisions, portfolio construction, risk control and cash management for the firm's diversified core international strategies. He is based in MFS' Singapore office. Daniel joined MFS in 2006 as a global equity research analyst and was later named sector leader for consumer cyclical stocks in addition to covering consumer staples, energy and capital goods. Prior to joining the firm, he served as a portfolio manager for Lion Capital Management in Singapore for six years and as a process analyst for Accenture for one year. He began his career in the investment industry in 1999. Daniel earned a Bachelor of Arts degree, with honors, from Nanyang Technological University in Singapore. He holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
Jed Stocks, CFA
Portfolio Manager
26YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOJed Stocks, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). He is a member of the portfolio management team responsible for the firm's Blended research, low volatility and other quantitatively managed equity strategies. In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the quantitative research process and strategy discussions. Jed began his career in the financial services industry as a teleservices representative for MFS in 1999 and later rejoined the firm in 2001. He became a quantitative research associate in 2002 and was named a quantitative research analyst in 2005 before assuming his current role in 2015. Jed earned a Bachelor of Science degree in finance from Lehigh University. He holds the Chartered Financial Analyst (CFA) designation.
Brett Fleishman
Institutional Portfolio Manager
28YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOBrett Fleishman is an investment officer and institutional portfolio manager at MFS Investment Management® (MFS®). In his role, he participates in the research process and strategy discussions and communicates investment policy, strategy and positioning to clients. He also assesses portfolio risk, customizes portfolios to client objectives and guidelines and manages daily cash flows. Brett joined MFS in 2001 as an equity research analyst. He assumed his current duties in 2008. Prior to joining the firm, he served for two years as a senior consultant for Ernst & Young LLP and spent two years as a research analyst for Industrial Economics, Inc. Brett earned a Master of Business Administration degree from the University of Pennsylvania's Wharton School and holds a Bachelor of Arts degree from Brandeis University, Phi Beta Kappa, magna cum laude.
Chris Sunderland
Institutional Portfolio Manager
34YEARS WITH INDUSTRY
1YEAR WITH PORTFOLIOChris Sunderland is an investment officer and institutional portfolio manager at MFS Investment Management® (MFS®). As an institutional portfolio manager, he participates in the research process and strategy discussions, assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows. He is also responsible for communicating investment policy, strategy, and positioning.
Prior to joining MFS in 2015, Chris was a vice president of Eaton Vance Management, director of product and portfolio strategy for equity mandates and an institutional portfolio manager for Eaton Vance's broad suite of equity investment strategies, including US Large Cap Value, Hexavest Global and International Equity, Parametric Emerging Markets and the Richard Bernstein Advisors strategies. Previously, he was affiliated with AXA Investment Managers, where he served as an institutional portfolio manager. Before that, he served as a senior portfolio manager with State Street Global Advisors, where he was responsible for managing U.S. Large-Cap Core and Growth equity strategies. He began his career in the financial services industry at State Street Bank in 1990.
Chris earned a Bachelor of Science degree in finance from Babson College and a Master of Business Administration degree from the F.W. Olin School of Business at Babson College. His commentary has appeared in Institutional Investor, Boston Business Journal, FundFire, Ignites, Bloomberg TV, Fox Business News and the Business News Network. -
Performance
Performance
Average Annual Total ReturnsAverage Annual Total Returns (%)
Market price returns are calculated using the closing price reported by the exchange.
These results represent the percent change in net asset value.(*YTD Updated As of 01/01/24 , 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.
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 assume the reinvestment of dividends and capital gains.
Annual Rate of ReturnAnnual Rate of Return (%)
Market price returns are calculated using the closing price reported by the exchange.
No data currently available
annual rate of return table Pricing & DistributionsPremium / Discount (%)
The line graph and table below display historical data regarding the differences between the daily closing market price of the fund - as determined by the fund’s listing exchange - and the fund’s NAV. The Vertical Axis displays the premium/discount as a percentage of NAV, while the Horizontal Axis displays the corresponding date.
The table below shows the number of trading days in which the ETF traded at a premium (greater than), discount (less than) or at its NAV.
Number of Days at a Premium / Discount
Pricing History
- NAV at Close of Trading on: 12/11/24
- Net Asset Value (NAV): $25.10
- MP at Close of Trading on: 12/11/24
- Market Price (MP): $25.19
Maximum data displayed is for the most recent 10 yearsHistorical NAV LookupEnter date for which you wish to obtain a Historical NAV for this fundHistorical NAV may not be available for all dates.
Historical MP LookupEnter date for which you wish to obtain a Historical MP for this fundHistorical MP may not be available for all dates.
Historical MP TableMP at Close of Trading on Market Price (MP) No Data Available30-Day SEC Yield (%)
The fund's 30-day yield is based on the yield of a fund's investments over a 30-day period and not on the dividend paid by the fund, which may differ.No data currently availablePast performance is no guarantee of future results. Please consult your tax advisor for further information.