The MFS Global New Discovery Fund Class B is an actively managed mutual fund designed to seek capital appreciation by investing primarily in equity securities from around the world. This fund allocates its assets across a diversified mix of U.S. and international stocks, including both growth and value companies, with a particular emphasis on small- and mid-cap firms that are poised for future development. Its diversified exposure spans key sectors such as industrials, consumer discretionary, information technology, financials, and materials, with industrials representing the largest allocation within the portfolio. Managed by a team of professionals, the fund typically holds a broad array of companies and maintains a moderate turnover rate. With a focus on identifying emerging opportunities in global markets, the MFS Global New Discovery Fund Class B serves investors seeking to benefit from the long-term potential of small- and mid-sized enterprises outside of large-cap benchmarks. Its role in the market lies in offering access to growth prospects across developed and emerging economies, providing diversification benefits and exposure to innovative business models worldwide.
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