MFS has announced the launch of two low-volatility mutual funds, MFS Low Volatility Equity Fund (MLVAX) and MFS Low Volatility Global Equity Fund (MVGAX). The funds are intended to meet the increased demand for investment solutions that provide exposure to equity markets with less overall volatility.
MFS Low Volatility Equity Fund and MFS Low Volatility Global Equity Fund seek capital appreciation with reduced volatility relative to their respective benchmarks indices, the Standard & Poor's 500 Index and the MSCI All Country World Index over a full market cycle. Each fund seeks to achieve lower levels of volatility than its benchmark through individual stock selection, the elimination of many of the most volatile stocks in their investment universes, and by using a disciplined portfolio construction process.
The funds are managed by members of the MFS Quantitative Solutions team. James Fallon and Matthew Krummell manage MFS Low Volatility Equity Fund, while Jonathan Sage and Fallon manage MFS Low Volatility Global Equity Fund.
For more information about MFS, visit their NAPA Partner Corner page here.
