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MFS New Discovery R2 (MNDRX)

23.97 Down 0.43(1.76%) Sep 15

Profile as of Aug 30, 2014Get Profile for:
MFS New Discovery R2
111 Huntington Avenue24th Floor
Phone: 800-225-2606
Fund Overview 
Category:Small Growth
Fund Family:MFS
Net Assets:2.07B
Year-to-Date Return:-5.49%
Morningstar Rating:3 stars
Fund Inception Date:Oct 31, 2003
Morningstar Style Box 
Small Growth
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Thomas Wetherald
Lead Manager since Jul 1, 2004
Thomas H. Wetherald, CFA, is an investment officer of MFS Investment Management® (MFS®) and portfolio manager of the small-cap portfolios of our mutual funds, variable annuities and institutional accounts. He joined MFS in 2002 as an equity research analyst and was named portfolio manager in July 2004. Before joining the firm, he spent seven years at Manning & Napier Advisors as an analyst and portfolio manager. He also worked as a financial analyst for The Chase Manhattan Bank. Thomas earned a bachelor's degree from St. Lawrence University. He holds the Chartered Financial Analyst designation from the CFA Institute.
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
MNDRX can be purchased from 52 brokerages.

Fund Summary 
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 Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 9, 2013) : 0.00
Annual Holdings Turnover (Sep 11, 2014) : 96.00%
Average for Category:56.59%
Fees & Expenses 
ExpenseMNDRXCategory Avg
Annual Report Expense Ratio (net):1.56%1.38%
Prospectus Net Expense Ratio:1.57%N/A
Prospectus Gross Expense Ratio:1.60%N/A
Max 12b1 Fee:0.50%N/A
Max Front End Sales Load:N/A5.46%
Max Deferred Sales Load: N/A2.23%
3 Yr Expense Projection*:502594
5 Yr Expense Projection*:868963
10 Yr Expense Projection*:1,8981,972
* Per $10,000 invested