MFS® Lifetime® 2040 Fund

Scorecard
4 / 5 Stars
Lipper
4 4 1 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 52 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 15.53 percent over the past year, 9.62 percent over the past three years, and 18.58 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 1.0%
1 Year 15.5%
3 Years (Annualized) 9.6%
5 Years (Annualized) 18.6%
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of total return. The fund is designed to provide diversification among different asset classes by investing the majority of assets in other MFS mutual funds, referred to as underlying funds. Within the stock fund allocations, MFS seeks to diversify globally (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds) and by style (by including both growth and value underlying funds). Within the bond fund allocation, MFS includes underlying funds with varying degrees of interest rate and credit exposure.

Fees

Fees are Above Average compared to funds in the same category.
MFS® Lifetime® 2040 Fund has an expense ratio of 1.00 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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