About MGRQX
The MFS International Growth Fund Class R2 is an actively managed mutual fund focused on seeking capital appreciation through investments in non-U.S. equities. This fund primarily targets high-quality companies situated outside the United States, employing a multi-cap approach that emphasizes businesses with strong fundamentals, durable competitive advantages, and above-average growth potential. Managed with a long-term investment horizon, it aims to identify international firms with reasonable valuations, spanning developed and emerging markets across Europe, Asia, and other regions.
The portfolio is diversified across sectors, with notable exposure to industries such as technology, healthcare, consumer defensive, industrials, and basic materials. Major holdings often include global leaders like SAP SE, Taiwan Semiconductor Manufacturing, and Nestlé. The fund benchmarks its performance against the MSCI All Country World (ex-US) Growth Index, reflecting a focus on growth-oriented firms outside the U.S. With a moderate expense ratio and no initial sales charge for this share class, the fund is structured to serve eligible retirement-oriented investors and institutional plans seeking international growth opportunities in their diversified asset allocation strategies.
Fund Family MFS
Category Foreign Large Growth
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol MGRQX
Share Class R2
Index MSCI AC World ex USA Growth NR USD
MGRQX had a total return of 9.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.70%.
