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Address And Details

1295 State St , Springfield, MA 01111
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks growth of capital over the long-term by investing in foreign equity securities. Under normal circumstances, The Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in stocks of foreign companies, including companies located in Europe, Latin America, and Asia. The Fund may invest up to 25% of its total assets in equity securities of issuers in emerging markets. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stocks, depositary receipts, rights and warrants, of issuers of any size. The Fund may but will not necessarily engage in foreign currency forward contracts to seek to hedge or to attempt to protect against adverse changes in currency exchange rates. The Fund may use futures contracts as a substitute for direct investments. Use of derivatives by the Fund may create investment leverage. The Fund may at times have significant exposure to one or more industries or sectors. The Fund may hold a portion of its assets in cash or cash equivalents. The Fund is managed by two sub advisers, Massachusetts Financial Services Company (MFS) and Harris Associates L.P.(Harris ), each being responsible for a portion of the portfolio, but not necessarily equally weighted. Each sub adviser may invest a significant percentage of the Funds assets in a single country or sector, a small number of countries or sectors, or a particular geographic region. In selecting investments for the Fund, MFS is not constrained by any particular investment style. MFS may invest the Funds assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. MFS may invest the Funds assets in securities of companies of any size. MFS uses an active bottom-up investment approach to buying and selling investments for the Fund. Investments are selected primarily based on fundamental analysis of individual issuers and their potential in light of their financial condition, and market, economic, political, and regulatory conditions. Factors considered may include analysis of an issuers earnings, cash flows, competitive position, and management ability. MFS may also consider environmental, social, and governance (ESG) factors in its fundamental investment analysis. Quantitative screening tools that systematically evaluate an issuers valuation, price and earnings momentum, earnings quality, and other factors, may also be considered. In selecting investments for the Fund, Harris uses a value investment philosophy. This value investment philosophy is based upon the belief that, over time, a companys stock price converges with Harris estimate of intrinsic value. Harris uses this value investment philosophy to identify companies that it believes have discounted stock prices compared to the companies intrinsic values. By intrinsic value, Harris means an estimate of the price a knowledgeable buyer would pay to acquire the entire business. Harris usually sells a stock when the price approaches its estimated value. This means that Harris sets specific buy and sell targets for each stock held by the Fund. Harris also monitors each holding and adjusts those price targets as warranted to reflect changes in a company s fundamentals. Harris may from time to time have significant investments in one or more countries or in particular sectors.

Net Asset Value

as of 6:11 PM ET 05/23/2022

Performance

  • 1 Week
  • +2.58%
  • 1 Month
  • -1.76%
  • 3 Months
  • -8.44%
  • 1 Yr Return
  • -19.94%
  • 5 Yr Return
  • -8.14%

Equity Sector Breakdown

Finance 14.75%
IndustrialCyclical 14.71%
NonDurables 11.53%
Technology 8.55%
RetailTrade 6.40%
Services 5.63%
ConsumerDurables 4.98%
Health 4.65%
Energy 1.09%
Utilities 0.72%

Asset Allocation

Asset Type % Of Allocation
Stocks 99.20%
ForeignStocks 93.45%
Other 1.18%
Preferred 0.46%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 302.90 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -7.07 -6.73 -5.99
Beta 0.98 0.95 0.98
R Squared 0.78 0.76 0.72
Std Deviation 20.84 17.97 15.73
Sharpe Ratio 0.32 0.32 n/a

Purchase Information

as of 4:42 PM ET 05/20/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -9.12%
  • -0.07%
-9.12% -0.07%
3 Year
  • +5.09%
  • +9.16%
+5.09% +9.16%
10 Year
  • +6.28%
  • +6.63%
+6.28% +6.63%
Life Of Fund
  • +5.41%
  • +6.03%
+5.41% +6.03%

Top 10 Holdings

Symbol Company Name % Of Assets
NESN:SW NESTLE SA REGISTERED 2.64%
ROG ROCHE HOLDING AG 2.45%
SCHN.PA SCHNEIDER ELECTRIC SA 2.37%
BAYZF BAYER AG 2.01%
SAP SAP SE 1.97%
CAP.PA CAPGEMINI SE 1.89%
ISNPY INTESA SANPAOLO SPA 1.81%
AIRP.PA AIR LIQUIDE 1.74%
LVMUY LVMH 1.66%
NVO NOVO NORDISK A/S SPONS ADR 1.59%

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