MFS Managed Wealth Fund - Class A

Frequently Asked Questions About MNWAX

What does MNWAX invest in?

The fund's primary objective is to generate comprehensive total returns. Its strategy involves two key components: first, a deliberate allocation of assets to three specific MFS equity funds, known as underlying funds. Second, it employs a dynamic asset allocation overlay, primarily using derivative financial instruments. This overlay is designed to achieve a dual purpose: to reduce the overall volatility of the fund's returns by moderating its exposure to the equity and/or currency markets inherent in the underlying funds, and to potentially open access to distinct asset classes or market segments where the underlying funds have limited or no presence.

What is the expense ratio of MNWAX?

MFS Managed Wealth Fund - Class A (MNWAX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MNWAX?

MFS Managed Wealth Fund - Class A (MNWAX) manages $35.5M 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 MNWAX actively managed or an index fund?

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

When was MNWAX launched?

MFS Managed Wealth Fund - Class A (MNWAX) launched in June 2014 and is managed by the fund issuer.

How has MNWAX performed?

MNWAX'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.