MFS Launches Global Multi-Asset and Absolute Return Funds

March 30, 2011 (PLANSPONSOR.com) - MFS Investment Management has launched MFS Global Multi-Asset Fund (GLMAX) and MFS Absolute Return Fund (MRNAX).

MFS Global Multi-Asset Fund’s investment objective is to seek total return. MFS seeks to achieve the fund’s objective by strategically allocating the fund’s assets to a mix of asset classes (e.g., global equities, real estate-related investments, commodity-related investments, and global corporate and government bonds, including inflation-adjusted debt instruments); tactically managing the fund’s exposure to asset classes, markets, and currencies; and selecting individual securities within each asset class, according to a press release.   

MFS Absolute Return Fund’s investment objective is to seek total return. MFS employs an absolute return investment approach, seeking to earn a positive return regardless of market conditions. MFS seeks to achieve the fund’s objective by generating returns from a combination of individual security selection of primarily debt instruments and a tactical asset allocation overlay to manage the fund’s exposure to asset classes, markets, and currencies.  

MFS Global Multi-Asset Fund is team managed by members of MFS’ Quantitative Solutions team: Natalie Shapiro, Benjamin Nastou, and Linda Zhang. James Calmas manages MFS Absolute Return Fund, supported by a team of analysts from MFS’ Quantitative Solutions team.  

The funds are available for purchase through financial advisers and other intermediaries and are available in multiple share classes.  

More information is at http://www.mfs.com.

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