INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
75-100 holdings offering above-average growth potential
Looks for strong fundamentals, superior management, and durable competitive advantage
Multi-cap approach focused on well-run non-U.S. businesses believed poised for accelerating growth
Fund Information
- Fund Commencement 06/03/1996
- Net Assets ($ M) As of 03/31/25 $292.34
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Benchmark
MSCI All Country World (ex-US) Growth Index is a market capitalization index that is designed to measure equity market performance for growth securities in the global developed and emerging markets, excluding the U.S.MSCI All Country World (ex-US) Growth Index (net div)
Share Class Information
- Class Inception 06/03/1996
- Net Asset Value (NAV) As of 04/23/25 $16.74
- Most Recent NAV Change As of 04/23/25 $0.17 | 1.03%
- CUSIP 55274F463
-
Gross Expense Ratio
1.01%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
0.88%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 04/30/25
MANAGERS
Top 10 Holdings
- SAP SE
- Taiwan Semiconductor Manufacturing Co Ltd
- Roche Holding AG
- Nestle SA
- Schneider Electric SE
- Hitachi Ltd
- EssilorLuxottica SA
- Linde PLC
- Heineken NV
- Agnico Eagle Mines Ltd
Important Risk Considerations
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.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
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.
Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Matthew Barrett, ASIP
Portfolio Manager
Matthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Kevin Dwan
Portfolio Manager
Kevin M. Dwan is an investment officer and equity portfolio manager for the International Growth strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. He is based in Singapore. Kevin joined MFS in 2005 as a global equity analyst. He was named director of research -- Asia in 2007 and assumed his current role in 2012. Prior to MFS, he worked for nine years at Putnam Investments in various roles in Boston, London and Tokyo, including equity analyst and sector-sleeve portfolio manager for international core equity strategies. He began his career in the financial services industry in 1996. Kevin earned a Bachelor of Arts degree in economics from Harvard University and a Master of Business Administration degree from Harvard Business School.
Performance
Average Annual Total Returns (%)
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.
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 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 taxable amounts from variable annuity contracts prior to age 59½ may be subject to an additional 10% federal tax penalty as well as income tax. Amounts withdrawn from a variable insurance contract will reduce the death benefit and withdrawals of earnings will be subject to income tax.
Prior to January 1, 2008, the MFS® Variable Insurance Trust II portfolios were formerly known as the MFS®Sun Life Series Trusts.
Sales Charges
Initial Class shares have no sales charge.
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 (%)
As of 12/31/24 | Benchmark: MSCI All Country World (ex-US) Growth Index (net div)| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 0.32 | 2.49 | 32.64 | -9.02 | 27.30 | 15.84 | 9.27 | -14.95 | 14.72 | 9.00 |
| MSCI All Country World (ex-US) Growth Index (net div) | -1.25 | 0.12 | 32.01 | -14.43 | 27.34 | 22.20 | 5.09 | -23.05 | 14.03 | 5.07 |
| At NAV | MSCI All Country World (ex-US) Growth Index (net div) | |
|---|---|---|
| 2024 | 9.0 | 5.07 |
| 2023 | 14.72 | 14.03 |
| 2022 | -14.95 | -23.05 |
| 2021 | 9.27 | 5.09 |
| 2020 | 15.84 | 22.2 |
| 2019 | 27.3 | 27.34 |
| 2018 | -9.02 | -14.43 |
| 2017 | 32.64 | 32.01 |
| 2016 | 2.49 | 0.12 |
| 2015 | 0.32 | -1.25 |
Pricing History
- NAV at Close of Trading on: 04/23/25
- Net Asset Value (NAV): $16.74
- Change ($) (since 04/22/25 ): 0.17
- Change (%) (since 04/22/25 ): 1.03
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
-
Overview
INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
75-100 holdings offering above-average growth potential
Looks for strong fundamentals, superior management, and durable competitive advantage
Multi-cap approach focused on well-run non-U.S. businesses believed poised for accelerating growth
Fund Information
- Fund Commencement 06/03/1996
- Net Assets ($ M) As of 03/31/25 $292.34
-
Benchmark
MSCI All Country World (ex-US) Growth Index is a market capitalization index that is designed to measure equity market performance for growth securities in the global developed and emerging markets, excluding the U.S.MSCI All Country World (ex-US) Growth Index (net div)
Share Class Information
- Class Inception 06/03/1996
- Net Asset Value (NAV) As of 04/23/25 $16.74
- Most Recent NAV Change As of 04/23/25 $0.17 | 1.03%
- CUSIP 55274F463
-
Gross Expense Ratio
1.01%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
0.88%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 04/30/25
MANAGERS
Top 10 Holdings
As of 03/31/25- SAP SE
- Taiwan Semiconductor Manufacturing Co Ltd
- Roche Holding AG
- Nestle SA
- Schneider Electric SE
- Hitachi Ltd
- EssilorLuxottica SA
- Linde PLC
- Heineken NV
- Agnico Eagle Mines Ltd
Important Risk Considerations
The portfolio may not achieve its objective and/or you could lose money on your investment in the portfolio.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.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
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.
Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Matthew Barrett, ASIP
Portfolio Manager
29YEARS WITH INDUSTRY
10YEARS WITH PORTFOLIOMatthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Kevin Dwan
Portfolio Manager
27YEARS WITH INDUSTRY
13YEARS WITH PORTFOLIOKevin M. Dwan is an investment officer and equity portfolio manager for the International Growth strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. He is based in Singapore. Kevin joined MFS in 2005 as a global equity analyst. He was named director of research -- Asia in 2007 and assumed his current role in 2012. Prior to MFS, he worked for nine years at Putnam Investments in various roles in Boston, London and Tokyo, including equity analyst and sector-sleeve portfolio manager for international core equity strategies. He began his career in the financial services industry in 1996. Kevin earned a Bachelor of Arts degree in economics from Harvard University and a Master of Business Administration degree from Harvard Business School.
-
Performance
Performance
Average Annual Total ReturnsAverage Annual Total Returns (%)
These results represent the percent change in net asset value.Monthly | Quarterly As of 03/31/25 (*YTD Updated Daily, As of 04/23/25 , 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.
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 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 taxable amounts from variable annuity contracts prior to age 59½ may be subject to an additional 10% federal tax penalty as well as income tax. Amounts withdrawn from a variable insurance contract will reduce the death benefit and withdrawals of earnings will be subject to income tax.
Prior to January 1, 2008, the MFS® Variable Insurance Trust II portfolios were formerly known as the MFS®Sun Life Series Trusts.
Sales Charges
Initial Class shares have no sales charge.
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 ReturnAnnual Rate of Return (%)
As of 12/31/24 | Benchmark: MSCI All Country World (ex-US) Growth Index (net div)annual rate of return table 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 0.32 2.49 32.64 -9.02 27.30 15.84 9.27 -14.95 14.72 9.00 MSCI All Country World (ex-US) Growth Index (net div) -1.25 0.12 32.01 -14.43 27.34 22.20 5.09 -23.05 14.03 5.07 At NAV MSCI All Country World (ex-US) Growth Index (net div) 2024 9.0 5.07 2023 14.72 14.03 2022 -14.95 -23.05 2021 9.27 5.09 2020 15.84 22.2 2019 27.3 27.34 2018 -9.02 -14.43 2017 32.64 32.01 2016 2.49 0.12 2015 0.32 -1.25 Pricing & DistributionsPricing History
- NAV at Close of Trading on: 04/23/25
- Net Asset Value (NAV): $16.74
- Change ($) (since 04/22/25 ): 0.17
- Change (%) (since 04/22/25 ): 1.03
- Market Price (MP):
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.