About MFJEX
MFS Lifetime 2060 Fund Class R1 is a target-date mutual fund designed for investors planning to retire around 2060. It seeks a high level of total return in the fund’s early and middle years, then shifts to emphasize a blend of current income and capital appreciation as the target date approaches, following a progressively more conservative glide path. The fund invests primarily in a diversified mix of underlying MFS mutual funds, providing broad exposure across equities, fixed income, real estate, and commodities through a professionally managed, regularly rebalanced allocation. Asset allocation and risk management are overseen by a team of quantitative investment professionals, who apply multi-factor research to set and adjust weights among the underlying strategies. Within its equity sleeve, exposures span major sectors such as information technology, financials, industrials, and health care, reflecting a global, multi-cap approach. As a series component in the target-date category, it serves as a turnkey, single-fund solution that evolves with an investor’s retirement timeline, aiming to balance growth potential with risk mitigation over decades.
Fund Family MFS
Category Target-Date 2060+
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol MFJEX
Share Class R1
Index S&P 500 TR
MFJEX had a total return of 14.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.32%.
