LTMSX

About LTMSX

MFS Lifetime 2045 Fund Class R2 is a target-date mutual fund designed primarily for investors planning to retire around the year 2045. Its key purpose is to offer a professionally managed, diversified portfolio that automatically adjusts asset allocation over time: the fund emphasizes growth in the early years, then gradually shifts toward more conservative investments to help mitigate risk as the 2045 retirement date approaches. The fund invests predominantly in other MFS mutual funds, providing broad exposure across equity and fixed income markets, with notable sector allocations to information technology, financials, industrials, and health care. With no minimum investment and an annual expense ratio of 1.07%, the fund aims to achieve a high level of total return, initially through capital appreciation and, closer to retirement, through income generation and risk control. MFS Lifetime 2045 Fund Class R2 plays a significant role for retirement-oriented investors seeking a guided approach to long-term portfolio management, aligning investment strategy with evolving retirement timelines and market conditions.