About GLNMX
The MFS Global New Discovery Fund R4 is a diversified mutual fund focused on seeking capital appreciation through investments in small and mid-sized companies across global markets. This fund actively identifies innovative and potentially disruptive businesses with significant growth prospects, drawing on extensive research capabilities to build a portfolio that spans established and emerging economies. Notable for its international diversification, the fund’s holdings include companies from the United States, United Kingdom, Japan, Germany, Netherlands, and several other countries, with a significant weight in industries such as financials, industrials, and technology.
By maintaining an emphasis on global small- and mid-cap equities, the fund offers exposure to enterprises that are often in earlier stages of their growth trajectory and may be less represented in broad market indices. Its portfolio is constructed to capitalize on market inefficiencies and long-term growth opportunities, aiming to deliver returns above standard benchmarks for this segment. Through systematic risk management and selective stock picking, the MFS Global New Discovery Fund R4 plays a specialized role in diversified investment strategies, serving investors seeking access to dynamic and innovative firms worldwide.
Fund Family MFS
Category World Small/Mid Stock
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol GLNMX
Share Class R4
Index MSCI AC World SMID Cap ND
GLNMX had a total return of 5.09% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.54%.
