MFS VIT II International Intrs Val 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) |
1,386.9 |
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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 that the advisor believes are undervalued compared to their intrinsic value. |
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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 |
8.0 |
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Non-U.S. Stocks |
89.7 |
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Bonds |
0.0 |
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Cash |
2.4 |
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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 |
37.43 |
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Basic Materials |
11.59 |
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Consumer Cyclical |
2.64 |
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Financial Services |
23.20 |
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Real Estate |
0.00 |
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Sensitive |
45.33 |
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Communication Services |
0.00 |
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Energy |
6.10 |
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Industrials |
20.54 |
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Technology |
18.69 |
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Defensive |
17.24 |
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Consumer Defensive |
8.12 |
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Healthcare |
9.12 |
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Utilities |
0.00 |
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Data through 2024-09-30 |
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Morningstar World Regions |
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% Fund |
Americas |
13.7 |
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North America |
13.2 |
Latin America |
0.5 |
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Greater Europe |
65.2 |
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United Kingdom |
14.4 |
Europe Developed |
50.2 |
Europe Emerging |
0.0 |
Africa/Middle East |
0.6 |
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Greater Asia |
21.1 |
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Japan |
14.2 |
Australasia |
1.4 |
Asia Developed |
5.5 |
Asia Emerging |
0.0 |
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Data through 2024-09-30 |
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Total Number of Stock Holdings |
91 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
26.04 |
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Turnover % |
(as of 2023-12-31) |
20.00 |
30 Day SEC Yield % |
--- |
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Sector |
Country |
% of Net Assets
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Schneider Electric SE |
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France |
3.20 |
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Taiwan Semiconductor Manufacturing Co Ltd ADR |
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Taiwan |
3.10 |
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TotalEnergies SE |
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France |
2.81 |
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Franco-Nevada Corp |
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Canada |
2.79 |
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Legrand SA |
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France |
2.69 |
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NatWest Group PLC |
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United Kingdom |
2.57 |
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Cadence Design Systems Inc |
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United States |
2.36 |
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AIB Group PLC |
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Ireland |
2.21 |
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Deutsche Boerse AG |
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Germany |
2.18 |
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CaixaBank SA |
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Spain |
2.13 |
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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 |
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Show Risk Definitions |
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Inception Date: 1995-10-02 |
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Benjamin Stone (2008-11-20) |
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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. |
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Philip Evans (2020-02-01) |
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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 |
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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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