About DVRIX
MFS Global Alternative Strategy Fund Class I is a mutual fund designed to pursue total return that meets or exceeds the ICE BofA 0-3 Month U.S. Treasury Bill Index plus 2% to 4%, net of fund expenses, over a full market cycle. It achieves this goal through a distinctive approach that separates active security selection from tactical allocations in equity, fixed income, and currency markets, aiming for consistent returns with reduced dependence on favorable equity conditions. The fund employs derivative overlays, including forward contracts in currencies such as CHF/USD, EUR/USD, USD/EUR, JPY/USD, USD/NOK, and AUD/USD, alongside futures on government bonds like 10-Year Japanese Government Bond and Long Gilt. Its portfolio features significant cash offsets and exposures across global regions, including U.S., Europe ex-U.K., Japan, United Kingdom, emerging markets, Asia/Pacific ex-Japan, North America ex-U.S., and developed Middle East/Africa. Categorized in the Macro Trading segment with a large blend investment style, it serves institutional investors seeking alternative strategies for diversified, risk-managed global market participation.
Fund Family MFS
Category Macro Trading
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol DVRIX
Share Class I
Index Bloomberg U.S. Treasury 1-3 Y TR
DVRIX had a total return of 5.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.72%.
