Morningstar® Investment Profile™   Morningstar®
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MFS® VIT II International Growth Init
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 393
Foreign Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2022-05-31
Total Fund Assets ($ Mil)
190.34
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 the advisor believes to have above average earnings growth potential compared to other companies (growth companies).
  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 3.5
Bullet Non-U.S. Stocks Non-U.S. Stocks 94.1
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.4
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 32.82
Basic Materials 12.29
Consumer Cyclical 10.22
Financial Services 10.31
Real Estate 0.00
Sensitive 33.67
Communication Services 2.81
Energy 1.96
Industrials 17.74
Technology 11.16
Defensive 33.49
Consumer Defensive 16.28
Healthcare 16.43
Utilities 0.78
Data through 2022-05-31
Morningstar World Regions
% Fund
Americas 13.5
North America 11.3
Latin America 2.2
Greater Europe 56.7
United Kingdom 11.6
Europe Developed 44.8
Europe Emerging 0.0
Africa/Middle East 0.4
Greater Asia 29.8
Japan 8.5
Australasia 0.8
Asia Developed 10.9
Asia Emerging 9.7
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 79
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 33.08
Turnover % (as of 2021-12-31) 14.00
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Assets
Nestle SA Switzerland 4.70
Roche Holding AG Switzerland 4.36
Hitachi Ltd Japan 3.34
Taiwan Semiconductor Manufacturing Co Ltd ADR Taiwan 3.30
Novartis AG Switzerland 3.02
LVMH Moet Hennessy Louis Vuitton SE France 3.01
Linde PLC United Kingdom 2.97
Schneider Electric SE France 2.83
SAP SE Germany 2.82
AIA Group Ltd Hong Kong 2.73
Data through 2022-05-31
  Principal Risks   
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
Show Risk Definitions
  Other Information
Inception Date: 1996-06-03
Portfolio Manager(s)
Matthew Barrett   (2015-03-31)
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.
Kevin M. Dwan   (2012-01-31)
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
Investment Advisor(s)
Massachusetts Financial Services Company
Issuer
MFS
Subadvisor(s)
---
Show Data Definitions

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