News Column

MFS Introduces Managed Wealth Fund

June 30, 2014

Flexible Fund Offers Broad Equity Exposure, Potentially Lower Volatility than Market

BOSTON--(BUSINESS WIRE)-- MFS Investment Management (MFS®) today announced the launch of MFS® Managed Wealth Fund (MNWAX), a flexible equity fund that seeks to provide capital growth with moderate volatility. The fund also aims to mitigate the effects of significant declines in equity markets. In seeking to achieve its total return investment objective, the fund will invest in three underlying MFS funds — MFS® Growth Fund, MFS® Value Fund and MFS® Institutional International Equity Fund — for exposure to US and international equities. The fund will also use derivative instruments to manage its net exposure to the equity market, based on its management team's view of risk and reward opportunities.

"This unique fund offers investors broad global equity exposure through three well-established MFS funds, with an eye on lowering volatility," said Jim Jessee, president of MFS Fund Distributors, Inc., and co-head of Global Distribution for MFS. "This fund enhances our suite of outcome-oriented funds for investors and advisors looking for market exposure with strong equity diversification and risk management characteristics."

Portfolio manager James Swanson, MFS' chief investment strategist, will serve as the fund's lead manager. Joining him are Michael W. Roberge, MFS president and chief investment officer, William J. Adams, co-head of MFS' Fixed Income Department, Barnaby M. Wiener, an international equity portfolio manager and Robert M. Almeida, Jr., an institutional equity portfolio manager. These portfolio managers are responsible for determining the target strategic allocations to the underlying funds and actively managing the fund's net asset class exposure.

MFS expects the fund's target allocation to be equally weighted among the three underlying funds. The management team will have the ability to reduce the fund's exposure to the equity market and/or currency markets and potentially add exposure to additional asset classes primarily through the use of a tactical overlay. The overlay will use derivative instruments, including futures, forward contracts, options, structured securities and swaps. In addition, MFS may seek to limit the fund's exposure to certain extreme market events.

"The three underlying funds have well-established track records and managers with disciplined, repeatable investment processes. We believe we can add value through the security selection in the underlying funds, strategic allocation and actively managing the fund's asset class exposure," added Jessee.

MFS Managed Wealth Fund will be available for purchase in multiple share classes (A, B, C, I and R1 – R4) through financial advisors, financial planners, broker/dealers and other financial intermediaries and retirement platforms.

About MFS Investment Management

Established in 1924, MFS is an active, global asset manager with investment offices in Boston, Hong Kong, London, Mexico City, SÃo Paulo, Singapore, Sydney, Tokyo and Toronto. We employ a uniquely collaborative approach to build better insights for our clients. Our investment approach has three core elements: integrated research, global collaboration and active risk management. As of May 31, 2014, MFS manages US$433.1 billion in assets on behalf of individual and institutional investors worldwide. Please visit for more information.

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

Investments in derivatives can be used to take both long and short positions, be highly volatile, result in 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.

The fund’s strategy to reduce its exposure to the equity and/or currency markets represented by the underlying funds and to potentially expose the fund to asset classes and/or markets in which the underlying funds have little or no exposure may not produce the intended results. In addition, the strategies 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. It is expected that the fund will generally underperform the equity markets during periods of strong, rising equity markets.

Please see the prospectus for further information on these and other risk considerations.

Before investing, consider the fund's investment objectives, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your investment professional or view online at Please read it carefully.

MFS Fund Distributors, Inc.

111 Huntington Avenue, Boston, MA 02199


MFS Investment Management

Dan Flaherty, 617-954-4256


James Aber, 617-954-6154

Source: MFS Investment Management

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Source: Business Wire

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