MFS Series Trust I - MFS New Discovery Fund Class A

Frequently Asked Questions About MNDAX

What does MNDAX invest in?

The fund's primary objective is to achieve capital growth. It predominantly allocates its assets to equity securities, which include common stocks and other financial instruments representing an ownership stake or the potential to acquire one in a company or other entity. The advisor's strategy involves concentrating investments in companies that are believed to possess superior earnings growth potential compared to other businesses, often referred to as "growth companies."

What is the expense ratio of MNDAX?

MFS Series Trust I - MFS New Discovery Fund Class A (MNDAX) charges an expense ratio of 1.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MNDAX?

MFS Series Trust I - MFS New Discovery Fund Class A (MNDAX) manages $1.24B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MNDAX actively managed or an index fund?

MNDAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MNDAX launched?

MFS Series Trust I - MFS New Discovery Fund Class A (MNDAX) launched in December 1996 and is managed by MFS.

How has MNDAX performed?

MNDAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.