MFS� New Discovery Fund Class A

 (MUTF:MNDAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.73%  
1 week
   
-4.24%  
4 week
   
-5.09%  
3 month
   
-5.73%  
YTD
   
-12.14%  
1 year
   
-7.13%  
3 years*   +14.78%
   
5 years*   +13.13%
   
*annualized
Best 3 month return+44.99%  
Worst 3 month return-41.54%  

Morningstar statistics

Morningstar category: Small Growth
  Return Risk Rating
3 years Below Average Above Average
5 years Below Average Average
10 years Average High
Overall Average Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.82B 
Front load5.75%  
Deferred load-  
Expense ratio1.32%  
Management fee-  
Fund familyMFS 

Asset allocation

Cash1.97%  
Stocks98.04%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$1,000  
IRA Initial$250  
22.88+0.36(1.60%)
Dec 18, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks capital appreciation. The fund normally invests the assets primarily in equity securities. It focuses on investing the fund's assets in the stocks of companies the adviser believes to have above average earnings growth potential compared to other companies (growth companies). The fund may invest in companies of any size, while generally focusing on companies with small capitalizations. It may invest the fund's assets in foreign securities.
Fund filings (PDF) »
Asset managers:
Michael Grossman (Started: Dec 31, 2013)
Thomas Wetherald (Started: Jul 1, 2004)
Advisor Company:
Massachusetts Financial Services Co
Fund family reports on Morningstar »
MFS, 111 Huntington Avenue, Boston, MA 02199, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -26.72 -8.27 -3.10 -0.15
Beta* 1.60 1.21 1.23 1.28
Mean annual return -0.10 1.28 1.35 0.90
R-squared* 57.91 54.50 72.45 78.43
Standard deviation 17.29 14.83 18.72 21.29
Sharpe ratio -0.07 1.03 0.86 0.44
* Against standard index

Top 10 holdings

Security Net Assets  
Swift Transportation Co (SWFT) 1.87%  
Constant Contact Inc (CTCT) 1.82%  
Ultimate Software Group Inc (ULTI) 1.67%  
Dunkin Brands Group Inc (DNKN) 1.64%  
Bright Horizons Family Solutions Inc (BFAM) 1.63%  
HealthStream Inc (HSTM) 1.54%  
The Advisory Board Co (ABCO) 1.52%  
Cvent Inc (CVT) 1.50%  
Urban Outfitters Inc (URBN) 1.49%  
Albemarle Corp (ALB) 1.46%