About MGICX
MFS International Intrinsic Value Fund Class C is an actively managed mutual fund focused on international equity investments. Its primary objective is to seek capital appreciation by investing in companies outside the United States that are believed to be undervalued relative to their intrinsic value. The fund utilizes a disciplined approach, assessing long-term quality, durability, improvement potential, and intrinsic value of global businesses. This strategy aims to uncover opportunities in diverse sectors and regions, with significant emphasis on developed markets such as Europe, Australasia, and the Far East, mirroring its benchmark, the MSCI EAFE Value Index. The fund typically allocates the vast majority of its assets to stocks, holding over 96% in equities as of its most recent filings. Since its inception in the mid-1990s, MFS International Intrinsic Value Fund Class C has provided investors with broad, diversified exposure to international value stocks, playing a key role in portfolios seeking diversification beyond domestic markets and targeting undervalued non-US companies for potential capital growth.
Fund Family MFS
Category Foreign Large Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MGICX
Share Class C
Index MSCI EAFE Value NR USD
MGICX had a total return of 15.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.74%.
