Is Mfegx a good investment?
Overall, MFS Growth Fund A ( MFEGX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, MFS Growth Fund A ( MFEGX ) looks like a good potential choice for investors right now.
What is an MFS Growth Fund?
The Fund seeks to provide long-term growth of capital. The Fund invests primarily in common stocks that MFS believes are early in their life cycle and has the potential to become major enterprises (emerging growth companies).
What is MFS Total Return Fund?
The Fund seeks current income and future capital growth primarily through investment in stocks and bonds. The Fund’s primary investment objective is to obtain above average income consistent with prudent employment of capital.
Is Mfegx a mutual fund?
The fund launched in December 1986. Parent company MFS established the country’s first mutual fund in 1924. It focuses on active management with an emphasis on mitigating investment risk. MFS offers investment options like mutual funds, closed-end funds and variable insurance portfolios.
What is MFS Conservative Allocation Fund?
The Fund seeks long-term growth of capital and current income. The Fund invests in other MFS funds with the following target allocations: 60% in bond funds, 28% in U.S. stock funds, 8% in international stock funds and 4% in specialty funds.
What is a conservative allocation?
Mutual funds that are conservative are commonly referred to as “conservative-allocation funds” because they have an allocation (mix of stocks, bonds and cash) that is relatively low in risk. Conservative portfolios usually seek to provide both capital appreciation and income for the investor.
What is the most conservative mutual fund?
Top 4 Conservative Allocation Mutual Funds
- Vanguard Tax-Managed Balanced Fund (VTMFX)
- American Funds Tax-Advantaged Income Fund (TAIAX)
- T. Rowe Price Personal Strategy Income Fund (PRSIX)
- Thrivent Diversified Income Plus Fund (THYFX)
Which is the best balanced fund?
Best Balanced Mutual Funds
- HDFC Balanced Advantage Fund Direct Plan Growth Option.
- Edelweiss Balanced Advantage Fund Direct Plan Growth.
- Nippon India Balanced Advantage Fund Direct Growth Plan.
- Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option.
- Tata Balanced Advantage Fund Direct Growth.
Which fund has the lowest risk?
Top 10 Low Risk Mutual Funds
| Fund Name | Category | Risk |
|---|---|---|
| L Arbitrage Opportunities Fund | Hybrid | Low |
| UTI Arbitrage Fund | Hybrid | Low |
| Aditya Birla Sun Life Arbitrage Fund | Hybrid | Low |
| Kotak Equity Arbitrage Fund | Hybrid | Low |
What are the least risky Vanguard funds?
4 Low-Risk Vanguard ETFs Perfect for Income Investors
- Vanguard Real Estate ETF (VNQ)
- Vanguard High Dividend Yield ETF (VYM)
- Vanguard Dividend Appreciation ETF (VIG)
- Vanguard Value ETF (VTV)
Are balanced funds safe?
Instead of risking all your money in equity, the balanced fund helps you invest prudently with lower risk. A balanced fund can be equity-oriented or debt-oriented. An equity-oriented balanced fund invests at least 65% of its assets in equities.
Are balanced funds a good investment?
The benefits of investing in a balanced fund are simplicity and diversification. Balanced funds normally rebalance back to a target stock/bond mix, saving investors time and the stress of portfolio management. A balanced mutual fund can streamline investment decisions.
How much money does the MFS Growth Fund have?
As of August 18, 2021, the fund has assets totaling almost $46.50 billion invested in 77 different holdings.
What does the people pillar of mfegx mean?
The People Pillar is our evaluation of the MFEGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
How can I access my MFS mutual fund?
Access your MFS mutual fund, IRA, 529 savings plan accounts, quaterly statements, and sign up for eDelivery. Don’t have an account? Sign up here If you check this box, anyone using the computer you are working from now will be able to enter your mfs.com homepage without having to know or enter your user name and password.