About DVRLX
The MFS Global Alternative Strategy Fund Class R6 is a mutual fund designed to pursue total return through a flexible, multi-asset approach. Its primary objective is to deliver returns that exceed the ICE BofA 0-3 Month U.S. Treasury Bill Index by 2% to 4% over a full market cycle, after expenses. The fund employs a global macro strategy, utilizing a combination of active security selection, tactical allocation among equities, fixed income, and currency exposures, and both long and short derivative positions to manage risk and seize market opportunities.
This fund aims to maintain a low correlation to traditional stock and bond markets, enhancing portfolio diversification and potentially mitigating volatility in broader market downturns. Notably, it invests across geographic regions, including North America, Europe, Asia-Pacific, and emerging markets, with exposure in both developed and developing economies.
Governed by experienced portfolio managers, the fund targets institutional investors and those seeking sophisticated risk-controlled strategies. Its approach is particularly relevant for investors looking to complement traditional portfolios with alternative asset exposure in pursuit of stable, risk-adjusted returns.
Fund Family MFS
Category Macro Trading
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol DVRLX
Share Class R6
Index Bloomberg U.S. Treasury 1-3 Y TR
DVRLX had a total return of 5.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.26%.
