About DVRFX
MFS Global Alternative Strategy Fund Class R1 is a mutual fund that seeks total return on a flexible, multi-asset basis. Its primary goal is to achieve returns that meet or exceed 2-4% over the ICE BofA 0-3 Month U.S. Treasury Bill Index, net of fund expenses, across a full market cycle, while reducing dependence on favorable equity or fixed income conditions. The fund employs a distinctive approach by separating active security selection from tactical allocations in equity, fixed income, and currency markets, aiming for consistent performance with lower correlation to traditional asset classes. It invests globally across various sectors, including long and short positions in U.S. large cap, Europe ex-U.K., and emerging markets equities, alongside government bonds like Japanese and Canadian futures, currency forwards such as CHF/USD and USD/EUR, and significant cash equivalents. This macro trading strategy utilizes derivatives and cash offsets to pursue absolute returns in diverse market environments. Class R1 shares, designed for eligible investors, feature no initial sales charge or contingent deferred sales charge but include a 1.00% annual Rule 12b-1 fee, positioning the fund as a diversification tool within broader retirement or institutional portfolios.
Fund Family MFS
Category Macro Trading
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol DVRFX
Share Class R1
Index Bloomberg U.S. Treasury 1-3 Y TR
DVRFX had a total return of 4.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.70%.
