MFS Growth Allocation Fund - Class A (MAGWX)
MFS Growth Allocation Fund - Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $27.06, up 0.30% on the session, giving a market capitalisation of $6.74B. Its beta of 1.03 implies it has historically moved more than the broad market.
The fund's primary goal is to achieve substantial overall returns, while maintaining a risk profile that is somewhat more aggressive compared to other MFS Asset Allocation offerings. It aims for broad diversification across various asset classes by allocating its capital into a selection of underlying mutual funds, all managed by the same advisor. Within its equity investments, the advisor strategically diversifies by geographical region (including both domestic and international funds), company size (encompassing large, mid, and small market capitalizations), and investment approach (utilizing both growth and value-oriented strategies).
MFS Growth Allocation Fund - Class A is most often compared with the following Financial Services names: