INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
An analyst-run portfolio investing in companies with what we believe to have favorable growth prospects and attractive valuations
Core, multi-capitalization investment strategy allows flexibility to search for best global ideas
Using a disciplined, research-led strategy, the fund is diversified by sector, invests across industries, styles and market capitalization
Fund Information
- Fund Commencement 11/07/1994
- Net Assets ($ M) As of 03/31/25 $71.40
-
Benchmark
MSCI All Country World Index measures developed and emerging market stock markets.MSCI All Country World Index (net div)
Share Class Information
- Class Inception 08/24/2001
- Net Asset Value (NAV) As of 04/25/25 $33.50
- Most Recent NAV Change As of 04/25/25 $0.17 | 0.51%
- CUSIP 55274F760
-
Gross Expense Ratio
1.17%
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
1.10%
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
- Microsoft Corp
- Amazon.com Inc
- Meta Platforms Inc
- Visa Inc
- NVIDIA Corp
- Alphabet Inc Class A
- Taiwan Semiconductor Manufacturing Co Ltd
- Apple Inc
- NatWest Group PLC
- Salesforce Inc
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.
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.
Akira Fuse, CMA
General Oversight
Akira Fuse, CMA, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In this role, 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 also communicates investment policy, strategy and positioning. He is based in Japan. Akira joined MFS in 2019 in his current role. He previously served as an investment director at Capital Group for eleven years. Prior to that, he was the head of product management, international at Schroder Investment Management for three years, a global equity portfolio manager at Deutsche Asset Management for five years, a portfolio manager for non-Japan equity at IBJ NW Asset Management for three years and a portfolio manager at Sumitomo Life Insurance Company for nine years. He began his career in the financial services industry in 1988. Akira earned a Bachelor of Arts degree in economics from Osaka Prefecture University. He holds the Chartered Member of the Securities Analysts Association of Japan (CMA) designation.
James Keating, CFA
General Oversight
James Keating, CFA, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In this role, 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 also communicates investment policy, strategy and positioning. He is based in Toronto. James joined MFS in 2007 as an equity research analyst and assumed his current role in 2014. Prior to MFS, he spent five years covering Canadian financial services stocks at RBC Dominion Securities and eight years as an analyst covering financial services at Merrill Lynch Canada. He previously worked for Nesbitt Thomson, Citibank (Canada) and Deloitte Haskins & Sells. He began his career in the financial services industry in 1983. James earned a Bachelor of Commerce degree in economics and computer science from the University of Toronto. He also holds the Chartered Financial Analyst (CFA) designation.
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.
Performance information prior to October 6, 2008, reflects time periods when MFS primarily invested the fund's assets in U.S. equity securities. Beginning October 6, 2008, MFS primarily invests the fund's assets in U.S. and foreign equity securities, including emerging market equity securities.
Sales Charges
Service Class shares have no sales charge and carry 0.25% annual Rule 12b-1 fee.
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 Index (net div)| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | -1.09 | 5.21 | 25.17 | -9.06 | 31.62 | 16.24 | 18.20 | -17.88 | 18.97 | 14.95 |
| MSCI All Country World Index (net div) | -2.36 | 7.86 | 23.97 | -9.41 | 26.60 | 16.25 | 18.54 | -18.36 | 22.20 | 17.49 |
| At NAV | MSCI All Country World Index (net div) | |
|---|---|---|
| 2024 | 14.95 | 17.49 |
| 2023 | 18.97 | 22.2 |
| 2022 | -17.88 | -18.36 |
| 2021 | 18.2 | 18.54 |
| 2020 | 16.24 | 16.25 |
| 2019 | 31.62 | 26.6 |
| 2018 | -9.06 | -9.41 |
| 2017 | 25.17 | 23.97 |
| 2016 | 5.21 | 7.86 |
| 2015 | -1.09 | -2.36 |
Pricing History
- NAV at Close of Trading on: 04/25/25
- Net Asset Value (NAV): $33.50
- Change ($) (since 04/24/25 ): 0.17
- Change (%) (since 04/24/25 ): 0.51
- 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
An analyst-run portfolio investing in companies with what we believe to have favorable growth prospects and attractive valuations
Core, multi-capitalization investment strategy allows flexibility to search for best global ideas
Using a disciplined, research-led strategy, the fund is diversified by sector, invests across industries, styles and market capitalization
Fund Information
- Fund Commencement 11/07/1994
- Net Assets ($ M) As of 03/31/25 $71.40
-
Benchmark
MSCI All Country World Index measures developed and emerging market stock markets.MSCI All Country World Index (net div)
Share Class Information
- Class Inception 08/24/2001
- Net Asset Value (NAV) As of 04/25/25 $33.50
- Most Recent NAV Change As of 04/25/25 $0.17 | 0.51%
- CUSIP 55274F760
-
Gross Expense Ratio
1.17%
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
1.10%
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- Microsoft Corp
- Amazon.com Inc
- Meta Platforms Inc
- Visa Inc
- NVIDIA Corp
- Alphabet Inc Class A
- Taiwan Semiconductor Manufacturing Co Ltd
- Apple Inc
- NatWest Group PLC
- Salesforce Inc
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.
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.
Akira Fuse, CMA
General Oversight
37YEARS WITH INDUSTRY
5YEARS WITH PORTFOLIOAkira Fuse, CMA, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In this role, 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 also communicates investment policy, strategy and positioning. He is based in Japan. Akira joined MFS in 2019 in his current role. He previously served as an investment director at Capital Group for eleven years. Prior to that, he was the head of product management, international at Schroder Investment Management for three years, a global equity portfolio manager at Deutsche Asset Management for five years, a portfolio manager for non-Japan equity at IBJ NW Asset Management for three years and a portfolio manager at Sumitomo Life Insurance Company for nine years. He began his career in the financial services industry in 1988. Akira earned a Bachelor of Arts degree in economics from Osaka Prefecture University. He holds the Chartered Member of the Securities Analysts Association of Japan (CMA) designation.
James Keating, CFA
General Oversight
33YEARS WITH INDUSTRY
11YEARS WITH PORTFOLIOJames Keating, CFA, is an investment officer and institutional equity portfolio manager at MFS Investment Management® (MFS®). In this role, 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 also communicates investment policy, strategy and positioning. He is based in Toronto. James joined MFS in 2007 as an equity research analyst and assumed his current role in 2014. Prior to MFS, he spent five years covering Canadian financial services stocks at RBC Dominion Securities and eight years as an analyst covering financial services at Merrill Lynch Canada. He previously worked for Nesbitt Thomson, Citibank (Canada) and Deloitte Haskins & Sells. He began his career in the financial services industry in 1983. James earned a Bachelor of Commerce degree in economics and computer science from the University of Toronto. He also holds the Chartered Financial Analyst (CFA) designation.
-
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 04/24/25 , 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.
Performance information prior to October 6, 2008, reflects time periods when MFS primarily invested the fund's assets in U.S. equity securities. Beginning October 6, 2008, MFS primarily invests the fund's assets in U.S. and foreign equity securities, including emerging market equity securities.
Sales Charges
Service Class shares have no sales charge and carry 0.25% annual Rule 12b-1 fee.
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 Index (net div)annual rate of return table 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV -1.09 5.21 25.17 -9.06 31.62 16.24 18.20 -17.88 18.97 14.95 MSCI All Country World Index (net div) -2.36 7.86 23.97 -9.41 26.60 16.25 18.54 -18.36 22.20 17.49 At NAV MSCI All Country World Index (net div) 2024 14.95 17.49 2023 18.97 22.2 2022 -17.88 -18.36 2021 18.2 18.54 2020 16.24 16.25 2019 31.62 26.6 2018 -9.06 -9.41 2017 25.17 23.97 2016 5.21 7.86 2015 -1.09 -2.36 Pricing & DistributionsPricing History
- NAV at Close of Trading on: 04/25/25
- Net Asset Value (NAV): $33.50
- Change ($) (since 04/24/25 ): 0.17
- Change (%) (since 04/24/25 ): 0.51
- 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.