Mfs New Discovery Fund Quote
| MNDIX Fund | USD 32.94 0.01 0.03% |
Performance13 of 100
| Odds Of DistressLess than 18
|
Mfs New is trading at 32.94 as of the 2nd of December 2024; that is 0.03 percent increase since the beginning of the trading day. The fund's open price was 32.93. Mfs New has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Mfs New Discovery are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of January 2023 and ending today, the 2nd of December 2024. Click here to learn more.
The fund normally invests the funds assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest in a company or other issuer. The advisor focuses on investing the funds assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies .. More on Mfs New Discovery
Mfs Mutual Fund Highlights
| Fund Concentration | MFS Funds, Large Funds, Small Growth Funds, Small Growth, MFS (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 29th of December 2022 |
| Fiscal Year End | August |
Mfs New Discovery [MNDIX] is traded in USA and was established 2nd of December 2024. Mfs New is listed under MFS category by Fama And French industry classification. The fund is listed under Small Growth category and is part of MFS family. This fund now has accumulated 2.42 B in assets with no minimum investment requirementsMfs New Discovery is currently producing year-to-date (YTD) return of 15.51%, while the total return for the last 3 years was -3.99%.
Check Mfs New Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mfs Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mfs Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mfs New Discovery Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mfs New Discovery Mutual Fund Constituents
| LYV | Live Nation Entertainment | Stock | Communication Services | |
| CYRX | Cryoport | Stock | Health Care | |
| RPM | RPM International | Stock | Materials | |
| CUB | Lionheart Holdings | Stock | Aerospace & Defense | |
| KAR | KAR Auction Services | Stock | Industrials | |
| BOX | Box Inc | Stock | Information Technology | |
| STAG | STAG Industrial | Stock | Real Estate | |
| PFGC | Performance Food Group | Stock | Consumer Staples |
Mfs New Discovery Risk Profiles
| Mean Deviation | 0.7845 | |||
| Semi Deviation | 0.9024 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 |
Mfs New Against Markets
Other Information on Investing in Mfs Mutual Fund
Mfs New financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs New security.
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