Morningstar® Investment Profile™   Morningstar®
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MFS VIT II International Intrs Val Init
Release date as of 2024-10-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-10-31
Out of 380
Foreign Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-10-31
Total Fund Assets ($ Mil)
1,386.9
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
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 that the advisor believes are undervalued compared to their intrinsic value.
  Morningstar Category: Foreign Large Growth
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. 
  Investment Risks
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.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 7.5
Bullet Non-U.S. Stocks Non-U.S. Stocks 90.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-10-31
Morningstar Equity Sectors
% of Stocks
Cyclical 37.97
Basic Materials 11.98
Consumer Cyclical 2.08
Financial Services 23.91
Real Estate 0.00
Sensitive 44.14
Communication Services 0.00
Energy 6.43
Industrials 20.48
Technology 17.23
Defensive 17.90
Consumer Defensive 8.21
Healthcare 9.69
Utilities 0.00
Data through 2024-10-31
Morningstar World Regions
% Fund
Americas 13.8
North America 13.3
Latin America 0.5
Greater Europe 65.4
United Kingdom 15.1
Europe Developed 49.7
Europe Emerging 0.0
Africa/Middle East 0.6
Greater Asia 20.8
Japan 13.6
Australasia 1.3
Asia Developed 5.9
Asia Emerging 0.0
Data through 2024-10-31
Holding Status
Total Number of Stock Holdings 90
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 27.25
Turnover % (as of 2023-12-31) 20.00
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Assets
Taiwan Semiconductor Manufacturing Co Ltd ADR Taiwan 3.49
Schneider Electric SE France 3.31
Franco-Nevada Corp Canada 3.14
TotalEnergies SE France 2.84
NatWest Group PLC United Kingdom 2.78
Legrand SA France 2.76
SAP SE Germany 2.29
CaixaBank SA Spain 2.28
Deutsche Boerse AG Germany 2.27
AIB Group PLC Ireland 2.09
Data through 2024-10-31
  Principal Risks   
Credit and Counterparty, Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Value Investing, Issuer, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Derivatives, Leverage, Shareholder Activity, Management, Portfolio Diversification
Show Risk Definitions
  Other Information
Inception Date: 1995-10-02
Portfolio Manager(s)
Benjamin Stone   (2008-11-20)
Benjamin Stone is an Investment Officer and Portfolio Manager of MFS, responsible for buy and sell decisions, participation in the research process and strategy discussions, portfolio construction, risk control and cash management, and has been employed in the investment area of MFS since 2005. He was a Equity Research Analyst in Schroders Investment Management, having 9 years as Research Analyst at Schroders Investment Management. Affiliations include Institute of Investment Management and Research. He got B.A. from Durham University.
Philip Evans   (2020-02-01)
Philip Evans - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for buy and sell decisions, portfolio construction, risk control and cash management. Participates in the research process and strategy discussions., As an Equity Research Analyst, responsible for identifying the most attractive investment opportunities in assigned universe. Works closely with portfolio managers to ensure ideas are properly positioned within portfolios. - Joined MFS in 2011 - Previous experience includes 3 years as Equity Analyst at Baillie Gifford & Co. - University of St. Andrews, Master of Arts, First Class
Investment Advisor(s)
Massachusetts Financial Services Company
Issuer
MFS
Subadvisor(s)
---
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