MFJAX

About MFJAX

MFS Lifetime 2060 Fund Class A is a target-date mutual fund designed to deliver a high level of total return aligned with an investor’s approximate retirement year of 2060. It follows a progressive glide path that emphasizes asset growth in the early years and gradually shifts toward risk mitigation as the target date approaches, adjusting allocations over time. The fund invests primarily in a diversified mix of underlying MFS mutual funds across equities, fixed income, real assets, and commodities, offering professionally managed diversification and systematic rebalancing in a single vehicle. Its approach blends disciplined, active risk management with broad market exposure, using an internal suite of MFS strategies to build multi-asset coverage. The portfolio’s equity exposure dominates in the early decades, while fixed income and defensive assets gain prominence closer to retirement to temper volatility. Launched in 2016, the fund seeks total return both before and after its target date—transitioning post-2060 to a balance of current income and capital appreciation—positioning it as a long-horizon core holding within retirement-focused investment lineups.