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6 9

Global Flexible Multi-Asset Fund

DISCLOSURES

THIS INFORMATION IS FOR MARKETING PURPOSES ONLY

Please note that this is an actively managed product. 

Class I shares are only available to certain qualifying institutional investors.

Select a Fund
Asia Ex-Japan Fund
Blended Research® European Equity Fund
Continental European Equity Fund
Contrarian Capital Fund
Contrarian Value Fund
Diversified Income Fund
Emerging Markets Debt Fund
Emerging Markets Debt Local Currency Fund
Emerging Markets Equity Fund
Emerging Markets Equity Research Fund
Euro Credit Fund
European Core Equity Fund
European Research Fund
European Smaller Companies Fund
European Value Fund
Global Concentrated Fund
Global Credit Fund
Global Equity Fund
Global Equity Income Fund
Global Flexible Multi-Asset Fund
Global High Yield Fund
Global Intrinsic Value Fund
Global Listed Infrastructure Fund
Global New Discovery Fund
Global Opportunistic Bond Fund
Global Research Focused Fund
Global Strategic Equity Fund
Global Total Return Fund
Inflation-Adjusted Bond Fund
Japan Equity Fund
Limited Maturity Fund
Prudent Capital Fund
Prudent Wealth Fund
U.K. Equity Fund
U.S. Concentrated Growth Fund
U.S. Corporate Bond Fund
U.S. Government Bond Fund
U.S. Growth Fund
U.S. Total Return Bond Fund
U.S. Value Fund
A1 Shares, Euros
A1 Shares, US Dollars
AH1 Shares, Euros
I1 Shares, Euros
I1 Shares, US Dollars
IF1 Shares, US Dollars
IH1 Shares, Euros
P1 Shares, Euros
P1 Shares, US Dollars
W1 Shares, Euros
W1 Shares, British Pounds
W1 Shares, US Dollars
WH1 Shares, Euros
  • Multi Asset
 LU2864446013
$ 105.45
$0.19 As of 20-Jun-25
US$16M
As of 31-May-25

Global Flexible Multi-Asset Fund

A1 Shares, Euros
A1 Shares, US Dollars
AH1 Shares, Euros
I1 Shares, Euros
I1 Shares, US Dollars
IF1 Shares, US Dollars
IH1 Shares, Euros
P1 Shares, Euros
P1 Shares, US Dollars
W1 Shares, Euros
W1 Shares, British Pounds
W1 Shares, US Dollars
WH1 Shares, Euros
  • Multi Asset
LU2864446013
$0.19 As of 20-Jun-25
As of 31-May-25
A1 Shares, Euros
A1 Shares, US Dollars
AH1 Shares, Euros
I1 Shares, Euros
I1 Shares, US Dollars
IF1 Shares, US Dollars
IH1 Shares, Euros
P1 Shares, Euros
P1 Shares, US Dollars
W1 Shares, Euros
W1 Shares, British Pounds
W1 Shares, US Dollars
WH1 Shares, Euros
  • Multi Asset
 LU2864446013
$ 105.45
$0.19 As of 20-Jun-25
$16M
As of 31-May-25

Investment Objective

Seeks capital appreciation, measured in US dollars

Investment Focus

By including fundamental, quantitative and macro views in a global flexible multi-asset strategy, seeks to assess risk premia through a consistent framework across both security selection and asset allocation, enabling optimization between bottom-up and top-down positioning

Flexible approach that aims to capture alpha through strategic asset allocation, tactical flexibility and bottom-up security selection over the full global economic cycle

Seeks to incorporate MFS' investment insights from across the entire investment platform

Important Risk Considerations

The fund may not achieve its objective and/or you could lose money on your investment in the fund.

Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.

Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.

Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.

Value: The portfolio's investments can continue to be undervalued for long periods of time, not realize their expected value, and be more volatile than the stock market in general.

Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.

Commodity: Commodity-related investments can be more volatile than investments in equity securities or debt instruments and can be affected by changes in overall market movements, commodity index volatility, changes in interest rates, currency fluctuations, or factors affecting a particular industry or commodity, and demand/supply imbalances in the market for the commodity. Events that affect the financial services sector may have a significant adverse effect on the portfolio.

Please see the prospectus for further information on these and other risk considerations.

Fund Information

  • Fund Inception 20-Nov-2024
  • Net Assets (US$ M) As of 31-May-25 US$16.04
  • Fiscal Year End JANUARY
  • SFDR Classification Article 8
  • Benchmark 60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index

Share Class Information

  • Class Inception 20-Nov-2024
  • Net Asset Value (NAV) As of 20-Jun-25 $105.45
  • Most Recent NAV Change As of 20-Jun-25 $0.19 | 0.18%
  • ISIN LU2864446013
  • SEDOL BQV3GC3
  • WKN A40JNL
  • Bloomberg MFGFMI1 LX
  • CUSIP L63678426
  • Maximum Sales Charge --
  • Benchmark 60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index

Managers

Kevin Dwan

Kevin Dwan

Portfolio Manager

1 YEAR WITH PORTFOLIO

Pilar Gomez-Bravo, CFA

Pilar Gomez-Bravo, CFA

Portfolio Manager

1 YEAR WITH PORTFOLIO

VIEW FULL PROFILE

    Performance

    Collapse Expand
    12 Month Total Returns

    12 Month Total Returns (%)

    12 Month Total Returns (%)

    No data currently available

    Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

    Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

    Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

    Important Performance Information

    Class I1 Roll-Up shares do not pay distributions to shareholders. 

    Average Annual Total Returns
    Annual Rate of Return

    Annual Rate of Return (%)

    No data currently available

    annual rate of return table

    Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

    Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

    Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

    Important Performance Information

    Class I1 Roll-Up shares do not pay distributions to shareholders. 

    Pricing & Distributions

    Pricing History

    • NAV at Close of Trading on:  20-Jun-25
    • Net Asset Value (NAV):  $105.45
    • Change ($) (since 18-Jun-25):  0.19
    • Change (%) (since 18-Jun-25):  0.18
    • Market Price (MP): 

    Chart

    Combination chart with 2 data series.
    The chart has 2 X axes displaying Time, and navigator-x-axis.
    The chart has 2 Y axes displaying values, and navigator-y-axis.
    1 Mo.3 Mo.6 Mo.YTD1 Yr.10 Yr./Life
    End of interactive chart.
    Maximum data displayed is for the most recent 10 years
    Historical NAV Lookup
    Enter date for which you wish to obtain a Historical NAV for this fund

    Historical NAV may not be available for all dates.

    Historical MP Lookup
    Enter date for which you wish to obtain a Historical MP for this fund

    Historical MP may not be available for all dates.

    Historical Exit Price Table
    NAV at Close of Trading on Net Asset Value (NAV)
    No Data Available

    Swing Pricing

    Distributions
    The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.

    The Payable Date is the date on which the distribution is paid to shareholders.

    Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.

    Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.

    There are no distributions for this share class or distributions are currently not available

    Portfolio & Holdings Information
    The portfolio is actively managed, and current holdings may be different.

    Collapse Expand
    Sector, Holding & Characterstics

    Largest Sector Weights of Equity Assets

    As of 31-May-25

    Chart

    Chart with 7 data points.
    End of interactive chart.

    The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

    Map represents sectors greater than 5%.

    Holding Characteristics

    Equity Fixed Income

    Holding Based Portfolio - Equity Level Data

    As of 31-May-25

    Data table of holding characteristics
    characterstics Equity Earning
    Weighted Average Price/Earnings (next 12 months) 18.97x
    Weighted Average Price/Cash Flow 15.70x
    Weighted Average Price/Sales 2.46x
    Weighted Average Price/Book 3.39x
    Weighted Average IBES Long Term EPS Growth 13.45%
    Weighted Average Dividend Yield 1.83%
    Weighted Average Market Cap $699.0b
    Weighted Median Market Cap $146.2b
    Number of Issues 681
    % in Stocks 51.45%
    % Cash & Cash Equivalents 10.90%
    % Other1 -4.95%
    % in Top Ten 17.83%

    Holding Based Portfolio - Fixed Income Level Data

    As of 31-May-25

    Data table of holding characteristics
    characteristics Fixed Earning
    Number of Issues 2134
    Number of Issuers 802
    Average Coupon 4.12
    Average Effective Duration 5.16 yrs
    Average Effective Maturity 8.64 yrs
    Average Credit Quality of Rated Securities A

    Performance Statistics

    Alpha is a measure of the portfolio's risk-adjusted performance. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance.

    Beta is a measure of the volatility of a portfolio relative to the overall market. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market.

    Information ratio is a measure of consistency in excess return. It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return.

    R squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market.  Index portfolios will tend to have values very close to 100.  R squared is not a measure of performance.

    The Sharpe Ratio is a risk-adjusted measure calculated to determine reward per unit of risk. It uses a standard deviation and excess return. The higher the Sharpe Ratio, the better the portfolio's historical risk-adjusted performance.

    Standard Deviation is an indicator of the portfolio's total return volatility, which is based on a minimum of 36 monthly returns. The larger the portfolio's standard deviation, the greater the portfolio's volatility.

    Tracking error is the standard deviation of a portfolio's excess returns. Excess returns are a portfolio's return minus the benchmark's annualized return.

    Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed.

    Upside and downside capture is a measure of how well a manager was able to replicate or improve on phases of positive benchmark returns, and how badly the manager was affected by phases of negative benchmark returns. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period.

    Updated Monthly As of 31-May-25

    Benchmark
    60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index
    Performance Statistics Table
    10 Yr. 5 Yr. 3 Yr.
    Alpha n/a n/a n/a
    Beta n/a n/a n/a
    R-squared n/a n/a n/a
    Standard Deviation % n/a n/a n/a
    Sharpe Ratio n/a n/a n/a
    Tracking Error n/a n/a n/a
    Information Ratio n/a n/a n/a
    Treynor Ratio n/a n/a n/a
    Downside Capture % n/a n/a n/a
    Upside Capture % n/a n/a n/a

    Top 10 Holdings

    As of 31-May-25

    • iShares Physical Gold ETC ETF
    • Bloomberg Commodity F3 Total Return Swap
    • NVIDIA Corp
    • Microsoft Corp
    • Apple Inc
    • Meta Platforms Inc
    • Standard & Poors Index Option MAR 20 26 P4600 OTC
    • UST Bond 5Yr Future SEP 30 25
    • Amazon.com Inc
    • Standard & Poors Index Option MAR 20 26 P5100 OTC*

    18.05% long and 4.04% short (*) positions
    Full and Historical Holdings

    17.43% of the total net assets are invested in the MFS Meridian Funds - Global Opportunistic Bond Fund

    6.02% of the total net assets are invested in the MFS Meridian Funds - U.S. Government Bond Fund

    4.11% of the total net assets are invested in the MFS Meridian Funds - Global Credit Fund

    1.68% of the total net assets are invested in the MFS Meridian Funds - Euro Credit Fund

    1.09% of the total net assets are invested in the MFS Meridian Funds - Global High Yield Fund

    0.98% of the total net assets are invested in the MFS Meridian Funds - Emerging Markets Debt Fund

    The portfolio is actively managed, and current holdings may be different.

    Top 10 Equity Holdings

    As of 31-May-25

    • NVIDIA Corp
    • Microsoft Corp
    • Apple Inc
    • Meta Platforms Inc
    • Standard & Poors Index Option MAR 20 26 P4600 OTC
    • Amazon.com Inc
    • Broadcom Inc
    • Tesla Inc
    • Taiwan Semiconductor Manufacturing Co Ltd
    • Standard & Poors Index Option MAR 20 26 P5100 OTC*

    Top 10 Fixed Income Holdings

    As of 31-May-25

    • UST Bond 5Yr Future SEP 30 25
    • Euro Schatz 2Yr Future JUN 06 25
    • Euro BOBL Future JUN 06 25
    • UST Bond 10Yr Future SEP 19 25
    • USD CPI 5YR RECEIVER
    • Hellenic Republic Government Bond 3.375% JUN 15 34
    • Korea Treasury Bond 1.875% JUN 10 29
    • UMBS 30 Year 2.5
    • CNY IRS 5Yr Receiver 1.645 NOV 18 29
    • Euro Bund 10Yr Future JUN 06 25*

    Sector Weights (%)

    As of 31-May-25

    •  % of Equity Assets
    • Information Technology
      25.33
    • Financials
      19.66
    • Industrials
      11.33
    • Consumer Discretionary
      10.74
    • Health Care
      9.18
    • Communication Services
      8.68
    • Consumer Staples
      7.45
    • Materials
      4.01
    • Energy
      3.57
    • Utilities
      2.86
    • Real Estate
      2.11
    • Equity Warrants
      0.00
    • Index Options*
      -4.93

    The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

    Exposures

    Credit Quality (%)

    As of 31-May-25

    • % of Fixed Income Assets

    • U.S. Government
      6.07
    • Federal Agencies
      13.75
    • AAA
      6.48
    • AA
      4.53
    • A
      17.57
    • BBB
      22.54
    • BB
      7.39
    • B
      4.08
    • CCC
      0.94
    • CC
      0.03
    • C
      0.01
    • D
      0.00
    • Other Not Rated
      16.62

    Currency Weights (%)

    As of 31-May-25

    • United States Dollar
      72.93
    • Euro
      11.85
    • Japanese Yen
      3.34
    • British Pound Sterling
      2.18
    • Canadian Dollar
      2.00
    • Hong Kong Dollar
      1.43
    • Chinese Renminbi
      1.39
    • Swiss Franc
      1.05
    • Australian Dollar
      1.03
    • Indian Rupee
      0.92
    • Taiwan Dollar
      0.68
    • South Korean Won
      0.43
    • Brazilian Real
      0.34
    • Danish Krone
      0.24
    • Swedish Krona
      0.23
    • Indonesian Rupiah
      0.19
    • Singapore Dollar
      0.12
    • Uruguay Peso
      0.11
    • Saudi Riyal
      0.11
    • Mexican Peso
      0.10
    • U.A.E. Dirham
      0.08
    • Thailand Baht
      0.06
    • South African Rand
      0.06
    • Norwegian Krone
      0.05
    • Chilean Peso
      0.04
    • Turkish Lira
      0.02
    • Philippine Peso
      0.02
    • New Zealand Dollar
      0.02
    • Qatari Riyal
      0.02
    • Peruvian Sol
      0.00
    • Malaysian Ringgit
      0.00
    • Egyptian Pound
      0.00
    • Hungarian Forint
      0.00
    • Polish Zloty
      0.00
    • Czech Koruna
      0.00
    • Chinese Yuan Offshore (HK)
      -1.04
    Region & Country

    Region & Country

    As of 31-May-25

    Region & Country Table
    Region & Country % Equity Assets
    North America

    2 Countries

    68.24
    Europe ex-U.K.

    14 Countries

    12.02
    Emerging Markets

    16 Countries

    8.80
    Japan

    1 Countries

    5.40
    United Kingdom

    1 Countries

    3.13
    Asia/Pacific ex-Japan

    4 Countries

    2.30
    Developed - Middle East/Africa

    1 Countries

    0.10
    Cash & Cash Equivalents

    1 Countries

    0.00
    By Country Table
    By Country

    Chart

    Map of unspecified region with 1 data series.
    End of interactive chart.
    Important Characteristics Information
    The portfolio is actively managed, and current holdings may be different.

    Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.

    *Short positions, unlike long positions, lose value if the underlying asset gains value.

    Resources

    Collapse Expand
    Product Resources

    Quarterly Portfolio Review is available approximately 25 days after quarter end.


    Product Presentation available approximately 25 days after quarter end.
    Fund Documents & Fact Sheets

    Fund Documents & Fact Sheets

    Click here to view fund documents such as Key Investor Documents, Complete Prospectus, Annual Report, Semi Annual Report, Swing Pricing, and Fact Sheets. Some of these documents are available in other languages.
    • Overview

      Investment Objective

      Seeks capital appreciation, measured in US dollars

      Investment Focus

      By including fundamental, quantitative and macro views in a global flexible multi-asset strategy, seeks to assess risk premia through a consistent framework across both security selection and asset allocation, enabling optimization between bottom-up and top-down positioning

      Flexible approach that aims to capture alpha through strategic asset allocation, tactical flexibility and bottom-up security selection over the full global economic cycle

      Seeks to incorporate MFS' investment insights from across the entire investment platform

      Important Risk Considerations

      The fund may not achieve its objective and/or you could lose money on your investment in the fund.

      Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.

      Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.

      Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.

      Value: The portfolio's investments can continue to be undervalued for long periods of time, not realize their expected value, and be more volatile than the stock market in general.

      Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.

      Commodity: Commodity-related investments can be more volatile than investments in equity securities or debt instruments and can be affected by changes in overall market movements, commodity index volatility, changes in interest rates, currency fluctuations, or factors affecting a particular industry or commodity, and demand/supply imbalances in the market for the commodity. Events that affect the financial services sector may have a significant adverse effect on the portfolio.

      Please see the prospectus for further information on these and other risk considerations.

      Fund Information

      • Fund Inception 20-Nov-2024
      • Net Assets (US$ M) As of 31-May-25 US$16.04
      • Fiscal Year End JANUARY
      • SFDR Classification Article 8
      • Benchmark 60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index

      Share Class Information

      • Class Inception 20-Nov-2024
      • Net Asset Value (NAV) As of 20-Jun-25 $105.45
      • Most Recent NAV Change As of 20-Jun-25 $0.19 | 0.18%
      • ISIN LU2864446013
      • SEDOL BQV3GC3
      • WKN A40JNL
      • Bloomberg MFGFMI1 LX
      • CUSIP L63678426
      • Maximum Sales Charge --
      • Benchmark 60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index

      Managers

      Kevin Dwan

      Kevin Dwan

      Portfolio Manager

      1 YEAR WITH PORTFOLIO

      Pilar Gomez-Bravo, CFA

      Pilar Gomez-Bravo, CFA

      Portfolio Manager

      1 YEAR WITH PORTFOLIO

      VIEW FULL PROFILE
      • Performance

        Performance

        Collapse Expand
        12 Month Total Returns

        12 Month Total Returns (%)

        12 Month Total Returns (%)

        No data currently available

        Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

        Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

        Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

        Important Performance Information

        Class I1 Roll-Up shares do not pay distributions to shareholders. 

        Average Annual Total Returns
        Annual Rate of Return

        Annual Rate of Return (%)

        No data currently available

        annual rate of return table

        Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested. 

        Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.

        Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.

        Important Performance Information

        Class I1 Roll-Up shares do not pay distributions to shareholders. 

        Pricing & Distributions

        Pricing History

        • NAV at Close of Trading on:  20-Jun-25
        • Net Asset Value (NAV):  $105.45
        • Change ($) (since 18-Jun-25):  0.19
        • Change (%) (since 18-Jun-25):  0.18
        • Market Price (MP): 
        Maximum data displayed is for the most recent 10 years
        Historical NAV Lookup
        Enter date for which you wish to obtain a Historical NAV for this fund

        Historical NAV may not be available for all dates.

        Historical MP Lookup
        Enter date for which you wish to obtain a Historical MP for this fund

        Historical MP may not be available for all dates.

        Historical Exit Price Table
        NAV at Close of Trading on Net Asset Value (NAV)
        No Data Available

        Swing Pricing

        Distributions
        The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.

        The Payable Date is the date on which the distribution is paid to shareholders.

        Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.

        Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.

        There are no distributions for this share class or distributions are currently not available
      • Portfolio & Holdings Information

        Portfolio & Holdings Information
        The portfolio is actively managed, and current holdings may be different.

        Collapse Expand
        Sector, Holding & Characterstics

        Largest Sector Weights of Equity Assets

        As of 31-May-25

        Chart

        Chart with 7 data points.
        End of interactive chart.

        The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

        Map represents sectors greater than 5%.

        Holding Characteristics

        Equity Fixed Income

        Holding Based Portfolio - Equity Level Data

        As of 31-May-25

        Data table of holding characteristics
        characterstics Equity Earning
        Weighted Average Price/Earnings (next 12 months) 18.97x
        Weighted Average Price/Cash Flow 15.70x
        Weighted Average Price/Sales 2.46x
        Weighted Average Price/Book 3.39x
        Weighted Average IBES Long Term EPS Growth 13.45%
        Weighted Average Dividend Yield 1.83%
        Weighted Average Market Cap $699.0b
        Weighted Median Market Cap $146.2b
        Number of Issues 681
        % in Stocks 51.45%
        % Cash & Cash Equivalents 10.90%
        % Other1 -4.95%
        % in Top Ten 17.83%

        Holding Based Portfolio - Fixed Income Level Data

        As of 31-May-25

        Data table of holding characteristics
        characteristics Fixed Earning
        Number of Issues 2134
        Number of Issuers 802
        Average Coupon 4.12
        Average Effective Duration 5.16 yrs
        Average Effective Maturity 8.64 yrs
        Average Credit Quality of Rated Securities A

        Performance Statistics

        Alpha is a measure of the portfolio's risk-adjusted performance. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance.

        Beta is a measure of the volatility of a portfolio relative to the overall market. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market.

        Information ratio is a measure of consistency in excess return. It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return.

        R squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market.  Index portfolios will tend to have values very close to 100.  R squared is not a measure of performance.

        The Sharpe Ratio is a risk-adjusted measure calculated to determine reward per unit of risk. It uses a standard deviation and excess return. The higher the Sharpe Ratio, the better the portfolio's historical risk-adjusted performance.

        Standard Deviation is an indicator of the portfolio's total return volatility, which is based on a minimum of 36 monthly returns. The larger the portfolio's standard deviation, the greater the portfolio's volatility.

        Tracking error is the standard deviation of a portfolio's excess returns. Excess returns are a portfolio's return minus the benchmark's annualized return.

        Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed.

        Upside and downside capture is a measure of how well a manager was able to replicate or improve on phases of positive benchmark returns, and how badly the manager was affected by phases of negative benchmark returns. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period.

        Updated Monthly As of 31-May-25

        Benchmark
        60% MSCI All Country World Index/ 40% Bloomberg Global Aggregate (USD Hedged) Blended Index
        Performance Statistics Table
        10 Yr. 5 Yr. 3 Yr.
        Alpha n/a n/a n/a
        Beta n/a n/a n/a
        R-squared n/a n/a n/a
        Standard Deviation % n/a n/a n/a
        Sharpe Ratio n/a n/a n/a
        Tracking Error n/a n/a n/a
        Information Ratio n/a n/a n/a
        Treynor Ratio n/a n/a n/a
        Downside Capture % n/a n/a n/a
        Upside Capture % n/a n/a n/a

        Top 10 Holdings

        As of 31-May-25

        • iShares Physical Gold ETC ETF
        • Bloomberg Commodity F3 Total Return Swap
        • NVIDIA Corp
        • Microsoft Corp
        • Apple Inc
        • Meta Platforms Inc
        • Standard & Poors Index Option MAR 20 26 P4600 OTC
        • UST Bond 5Yr Future SEP 30 25
        • Amazon.com Inc
        • Standard & Poors Index Option MAR 20 26 P5100 OTC*

        18.05% long and 4.04% short (*) positions
        Full and Historical Holdings

        17.43% of the total net assets are invested in the MFS Meridian Funds - Global Opportunistic Bond Fund

        6.02% of the total net assets are invested in the MFS Meridian Funds - U.S. Government Bond Fund

        4.11% of the total net assets are invested in the MFS Meridian Funds - Global Credit Fund

        1.68% of the total net assets are invested in the MFS Meridian Funds - Euro Credit Fund

        1.09% of the total net assets are invested in the MFS Meridian Funds - Global High Yield Fund

        0.98% of the total net assets are invested in the MFS Meridian Funds - Emerging Markets Debt Fund

        The portfolio is actively managed, and current holdings may be different.

        Top 10 Equity Holdings

        As of 31-May-25

        • NVIDIA Corp
        • Microsoft Corp
        • Apple Inc
        • Meta Platforms Inc
        • Standard & Poors Index Option MAR 20 26 P4600 OTC
        • Amazon.com Inc
        • Broadcom Inc
        • Tesla Inc
        • Taiwan Semiconductor Manufacturing Co Ltd
        • Standard & Poors Index Option MAR 20 26 P5100 OTC*

        Top 10 Fixed Income Holdings

        As of 31-May-25

        • UST Bond 5Yr Future SEP 30 25
        • Euro Schatz 2Yr Future JUN 06 25
        • Euro BOBL Future JUN 06 25
        • UST Bond 10Yr Future SEP 19 25
        • USD CPI 5YR RECEIVER
        • Hellenic Republic Government Bond 3.375% JUN 15 34
        • Korea Treasury Bond 1.875% JUN 10 29
        • UMBS 30 Year 2.5
        • CNY IRS 5Yr Receiver 1.645 NOV 18 29
        • Euro Bund 10Yr Future JUN 06 25*

        Sector Weights (%)

        As of 31-May-25

        •  % of Equity Assets
        • Information Technology
          25.33
        • Financials
          19.66
        • Industrials
          11.33
        • Consumer Discretionary
          10.74
        • Health Care
          9.18
        • Communication Services
          8.68
        • Consumer Staples
          7.45
        • Materials
          4.01
        • Energy
          3.57
        • Utilities
          2.86
        • Real Estate
          2.11
        • Equity Warrants
          0.00
        • Index Options*
          -4.93

        The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and S&P Global Market Intelligence Inc. ("S&P Global Market Intelligence"). GICS is a service mark of MSCI and S&P Global Market Intelligence and has been licensed for use by MFS. MFS has applied its own internal sector/industry classification methodology for equity securities and non-equity securities that are unclassified by GICS.

        Exposures

        Credit Quality (%)

        As of 31-May-25

        • % of Fixed Income Assets

        • U.S. Government
          6.07
        • Federal Agencies
          13.75
        • AAA
          6.48
        • AA
          4.53
        • A
          17.57
        • BBB
          22.54
        • BB
          7.39
        • B
          4.08
        • CCC
          0.94
        • CC
          0.03
        • C
          0.01
        • D
          0.00
        • Other Not Rated
          16.62

        Currency Weights (%)

        As of 31-May-25

        • United States Dollar
          72.93
        • Euro
          11.85
        • Japanese Yen
          3.34
        • British Pound Sterling
          2.18
        • Canadian Dollar
          2.00
        • Hong Kong Dollar
          1.43
        • Chinese Renminbi
          1.39
        • Swiss Franc
          1.05
        • Australian Dollar
          1.03
        • Indian Rupee
          0.92
        • Taiwan Dollar
          0.68
        • South Korean Won
          0.43
        • Brazilian Real
          0.34
        • Danish Krone
          0.24
        • Swedish Krona
          0.23
        • Indonesian Rupiah
          0.19
        • Singapore Dollar
          0.12
        • Uruguay Peso
          0.11
        • Saudi Riyal
          0.11
        • Mexican Peso
          0.10
        • U.A.E. Dirham
          0.08
        • Thailand Baht
          0.06
        • South African Rand
          0.06
        • Norwegian Krone
          0.05
        • Chilean Peso
          0.04
        • Turkish Lira
          0.02
        • Philippine Peso
          0.02
        • New Zealand Dollar
          0.02
        • Qatari Riyal
          0.02
        • Peruvian Sol
          0.00
        • Malaysian Ringgit
          0.00
        • Egyptian Pound
          0.00
        • Hungarian Forint
          0.00
        • Polish Zloty
          0.00
        • Czech Koruna
          0.00
        • Chinese Yuan Offshore (HK)
          -1.04
        Region & Country

        Region & Country

        As of 31-May-25

        Region & Country Table
        Region & Country % Equity Assets
        North America

        2 Countries

        68.24
        Europe ex-U.K.

        14 Countries

        12.02
        Emerging Markets

        16 Countries

        8.80
        Japan

        1 Countries

        5.40
        United Kingdom

        1 Countries

        3.13
        Asia/Pacific ex-Japan

        4 Countries

        2.30
        Developed - Middle East/Africa

        1 Countries

        0.10
        Cash & Cash Equivalents

        1 Countries

        0.00
        By Country Table
        By Country
        Important Characteristics Information
        The portfolio is actively managed, and current holdings may be different.

        Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.

        *Short positions, unlike long positions, lose value if the underlying asset gains value.

      • Resources

        Resources

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        Product Resources

        Quarterly Portfolio Review is available approximately 25 days after quarter end.


        Product Presentation available approximately 25 days after quarter end.
        Fund Documents & Fact Sheets

        Fund Documents & Fact Sheets

        Click here to view fund documents such as Key Investor Documents, Complete Prospectus, Annual Report, Semi Annual Report, Swing Pricing, and Fact Sheets. Some of these documents are available in other languages.
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