3 / 5 Stars
3 3 2 3 1
Zacks Investment Research
Standard & Poor's
1 / 5 Stars
#123 in Small Growth
U.S. News evaluated 219 Small Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 16.72 percent over the past year, 10.74 percent over the past three years, 21.55 percent over the past five years, and 9.73 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-1.6%|
|3 Years (Annualized)||10.7%|
|5 Years (Annualized)||21.6%|
|10 Years (Annualized)||9.7%|
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.
Fees are Above Average compared to funds in the same category.
MFS® New Discovery Fund has an expense ratio of 1.31 percent.
Risk is High compared to funds in the same category according to Morningstar.