Morningstar® Investment Profile™   Morningstar®
Disclosure
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MFS® VIT II International Intrs Val 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)
1,345.48
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 companies that it believes are trading at a discount 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 14.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 83.4
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 23.49
Basic Materials 12.04
Consumer Cyclical 4.85
Financial Services 4.94
Real Estate 1.66
Sensitive 46.65
Communication Services 0.00
Energy 0.00
Industrials 22.08
Technology 24.57
Defensive 29.85
Consumer Defensive 25.22
Healthcare 4.63
Utilities 0.00
Data through 2022-05-31
Morningstar World Regions
% Fund
Americas 18.4
North America 18.4
Latin America 0.0
Greater Europe 60.3
United Kingdom 10.1
Europe Developed 49.9
Europe Emerging 0.0
Africa/Middle East 0.3
Greater Asia 21.3
Japan 16.5
Australasia 0.0
Asia Developed 4.8
Asia Emerging 0.0
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 95
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 32.34
Turnover % (as of 2021-12-31) 13.00
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Assets
Nestle SA Switzerland 5.30
Cadence Design Systems Inc United States 5.23
Schneider Electric SE France 3.55
Pernod Ricard SA France 2.86
Givaudan SA Switzerland 2.66
Diageo PLC United Kingdom 2.66
Taiwan Semiconductor Manufacturing Co Ltd ADR Taiwan 2.61
Franco-Nevada Corp Canada 2.56
L'Oreal SA France 2.55
Analog Devices Inc United States 2.36
Data through 2022-05-31
  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, IIMR *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. *Joined MFS in 2005; previous positions include Equity Research Analyst. *Previous experience includes 9 years as Research Analyst at Schroders Investment Management. *Affiliations include Institute of Investment Management and Research. *Durham University, BA, 2:1
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)
---
Show Data Definitions

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