MFS VIT II International Growth Init |
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Release date as of 2024-10-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2024-10-31 |
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Out of 380 Foreign Large Growth Funds
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Total Fund Assets ($ Mil) |
278.74 |
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Investment Objective & Strategy |
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The investment seeks capital appreciation.
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MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the fund's assets primarily in foreign equity securities, including emerging market equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS focuses on investing the fund's assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies (growth companies). |
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Morningstar Category: Foreign Large Growth |
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Foreign large-growth portfolios focus on high-priced growth stocks, mainly outside of the United States. Most of these portfolios divide their assets among a dozen or more developed markets, including Japan, Britain, France, and Germany. These portfolios primarily invest in stocks that have market caps in the top 70% of each economically integrated market (such as Europe or Asia ex-Japan). Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). These portfolios typically will have less than 20% of assets invested in U.S. stocks.
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Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks. |
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% of Net Assets |
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U.S. Stocks |
3.4 |
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Non-U.S. Stocks |
94.7 |
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Bonds |
0.0 |
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Cash |
1.9 |
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Other |
0.0 |
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Data through 2024-09-30 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
31.28 |
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Basic Materials |
11.56 |
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Consumer Cyclical |
9.61 |
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Financial Services |
10.11 |
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Real Estate |
0.00 |
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Sensitive |
44.24 |
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Communication Services |
2.92 |
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Energy |
1.16 |
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Industrials |
19.16 |
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Technology |
21.00 |
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Defensive |
24.48 |
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Consumer Defensive |
11.30 |
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Healthcare |
12.74 |
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Utilities |
0.44 |
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Data through 2024-09-30 |
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Morningstar World Regions |
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% Fund |
Americas |
11.9 |
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North America |
10.1 |
Latin America |
1.8 |
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Greater Europe |
55.0 |
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United Kingdom |
8.9 |
Europe Developed |
46.1 |
Europe Emerging |
0.0 |
Africa/Middle East |
0.0 |
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Greater Asia |
33.1 |
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Japan |
11.3 |
Australasia |
1.6 |
Asia Developed |
12.5 |
Asia Emerging |
7.7 |
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Data through 2024-09-30 |
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Total Number of Stock Holdings |
84 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
33.87 |
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Turnover % |
(as of 2023-12-31) |
17.00 |
30 Day SEC Yield % |
--- |
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Sector |
Country |
% of Net Assets
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SAP SE |
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Germany |
5.07 |
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Hitachi Ltd |
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Japan |
4.31 |
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Schneider Electric SE |
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France |
4.28 |
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Taiwan Semiconductor Manufacturing Co Ltd |
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Taiwan |
3.55 |
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Nestle SA |
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Switzerland |
3.35 |
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Roche Holding AG |
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Switzerland |
3.30 |
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Lvmh Moet Hennessy Louis Vuitton SE |
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France |
2.66 |
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Linde PLC |
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United States |
2.56 |
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Heineken NV |
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Netherlands |
2.51 |
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AIA Group Ltd |
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Hong Kong |
2.28 |
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Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Shareholder Activity, Management, Portfolio Diversification |
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Show Risk Definitions |
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Inception Date: 1996-06-03 |
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Matthew Barrett (2015-03-31) |
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Matthew Barrett, ASIP, is an Investment Officer and Equity Portfolio Manager at MFS Investment Management® (MFS®), managing the firm's European Equity Ex-U.K. strategy. He is also an Equity Analyst and leads the firm's European research coverage of consumer staples stocks. Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2010. Prior to joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd. He earned a Bachelor's Degree from University College in London and holds a MBA from London Business School. |
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Kevin M. Dwan (2012-01-31) |
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Kevin M. Dwan
− Investment Officer
− Director of Asian Equity Research
− Global Equity Research Analyst
− Joined MFS in 2005; named Director of Asian Equity Research in 2007
− Previous experience includes: nine years for Putnam Investments in various roles in Boston, London, and Tokyo including Equity Analyst and a Sector Sleeve Portfolio Manager for International Core Equity
− Affiliation(s): President of Sabrina's Foundation
− Harvard University, MBA
− Harvard College, AB |
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Massachusetts Financial Services Company |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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