About MEMIX
MFS Emerging Markets Equity Fund, Institutional Class, is an open-end mutual fund focused on equity investments in emerging markets worldwide. The fund primarily seeks long-term capital appreciation by allocating at least 80% of its net assets to companies tied economically to developing countries. These regions encompass Latin America, Asia, Africa, the Middle East, and Eastern Europe, reflecting economies whose financial and capital markets are still evolving. The fund employs a diversified approach, investing across various sectors and company sizes, blending both growth and value opportunities. Its investment process is grounded in fundamental analysis and a bottom-up stock selection method, aiming to identify promising businesses with strong earnings potential and attractive valuations. The portfolio's construction aims to capture local opportunities through extensive on-the-ground research. Benchmarked against the MSCI Emerging Markets Index, the fund provides institutional investors with access to the growth potential and diversification offered by emerging market equities. Managed by Massachusetts Financial Services Company since its formation in 1995, the fund plays a significant role for investors seeking exposure beyond developed markets, balancing return prospects with the unique risks inherent in emerging economies.
Fund Family MFS
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MEMIX
Share Class I
Index MSCI EM (Emerging Markets) NR USD
MEMIX had a total return of 36.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.99%.
