LFTKX

About LFTKX

MFS Lifetime 2065 Fund – Class R2 is a target-date mutual fund designed to help investors prepare for retirement around the year 2065. The fund’s primary objective is to achieve a high level of total return through a diversified and professionally managed portfolio. Early in its lifecycle, the fund emphasizes asset growth by allocating predominantly to equities across various sectors such as information technology, financials, industrials, health care, and consumer discretionary. As the target retirement date approaches, its asset allocation gradually becomes more conservative, shifting towards increased fixed income and capital preservation to mitigate risk. The fund is structured as a fund-of-funds, investing primarily in other MFS mutual funds to achieve broad diversification across asset classes, regions, and sectors. Managed by a team of experienced quantitative professionals, it offers automatic rebalancing and progressive risk management aligned with the investor’s retirement timeline. The benchmark for the fund is the S&P 500 Index, reflecting its commitment to tracking broad U.S. equity market performance in the early years, with adjustments over time to prioritize income and stability closer to retirement.