4 / 5 Stars
4 4 1 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 51 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.
The fund has returned 14.02 percent over the past year, 9.21 percent over the past three years, and 17.23 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.4%|
|3 Years (Annualized)||9.2%|
|5 Years (Annualized)||17.2%|
|10 Years (Annualized)||N/A|
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 are Above Average compared to funds in the same category.
MFS® Lifetime® 2040 Fund has an expense ratio of 1.00 percent.
Risk is Average compared to funds in the same category according to Morningstar.