MFS Emerging Markets Equity R6 (MEMJX)
MFS Emerging Markets Equity R6 operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $54.68, up 0.55% on the session, giving a market capitalisation of $10.40B. Its beta of 0.91 implies it has historically moved less than the broad market.
The MFS Emerging Markets Equity R6 fund primarily allocates a minimum of 80% of its net assets to equity securities (stocks) of companies with significant economic ties to developing economies. These emerging market nations are characterized by their evolving financial and capital markets. Geographically, this encompasses countries located across Latin America, Asia, Africa, and the Middle East, as well as the developing regions of Europe, notably Eastern Europe. While predominantly focused on emerging markets, the investment adviser also has the discretion to allocate a portion of assets to equity securities of issuers that do not have direct economic links to these developing nations.
MFS Emerging Markets Equity R6 is most often compared with the following Financial Services names: