What does MFS stand for mutual funds?
MFS Investment Management
MFS Investment Management (MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund.
Which L Mutual Fund is best?
Top 10 Lt Mutual Funds
| Fund Name | Category | 1Y Returns |
|---|---|---|
| L Focused Equity Fund | Equity | 32.1% |
| L Arbitrage Opportunities Fund | Hybrid | 4.6% |
| L Emerging Businesses Fund | Equity | 85.3% |
| L India Value Fund | Equity | 49.8% |
How good are MFS funds?
The fund has returned 30.62 percent over the past year, 23.71 percent over the past three years, 22.40 percent over the past five years and 17.67 percent over the past decade.
Which is the best HDFC Mutual Fund to Invest?
Top 10 Hdfc Mutual Funds
| Fund Name | Category | Risk |
|---|---|---|
| HDFC Mid-Cap Opportunities Fund | Equity | Very High |
| HDFC Top 100 Fund | Equity | Very High |
| HDFC Index Fund | Other | Very High |
| HDFC Balanced Advantage Fund | Hybrid | Very High |
Who owns MFS?
Sun Life Financial
Sun Life of Canada (U.S.) Financial Services Holdings, Inc.
MFS Investment Management/Parent organizations
Nearly three decades later in 1996, Massachusetts Financial Services became MFS Investment Management. The company was purchased by Sun Life Financial of Canada back in 1982. MFS is still owned by Sun Life Financial, a publicly traded financial services company.
When does a Class I mutual fund change?
The fund’s investment policies and strategies changed effective April 30, 2021. 12 Performance for Class I shares includes the performance of the fund’s Class A shares, adjusted to take into account differences in sales loads and class-specific operating expenses (such as 12b-1 fees), if any, for periods prior to their offering.
Who is the CEO of the mutual fund company?
CEO Mike Roberge announces changes to align MFS performance reporting with long-term objectives. Read more. Performance data shown represents past performance and is no guarantee of future results.
What does 12 performance mean for a mutual fund?
12 Performance for Class I shares includes the performance of the fund’s Class A shares, adjusted to take into account differences in sales loads and class-specific operating expenses (such as 12b-1 fees), if any, for periods prior to their offering. Please see the prospectus for additional information about performance and expenses.
Is there a legal obligation to support a mutual fund?
The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. This website is a general communication and is provided for informational and/or educational purposes only.