Today, MFS Investment Management made its entrance into the ETF investing world with the launch of five new funds. Each of these funds is actively managed.
An Active Value Strategy
For investors seeking to cultivate capital appreciation, the MFS Active Value ETF may be able to help. This fund has a net expense ratio of 0.44%.
MFSV primarily seeks capital appreciation through a portfolio of large-cap securities. This fund may invest in a variety of sectors, including foreign securities.
To choose stocks to include in MFSV’s portfolio, the MFS management team applies a bottom-up investing strategy. Companies selected are chosen mostly based on the validity of their fundamentals.
Gaining International Exposure
Meanwhile, the MFS Active International ETF can help investors who are looking to build global exposure. MFSI’s net expense ratio currently sits at 59 basis points.
As the fund’s title implies, MFSI’s portfolio concentrates on international equities. It may invest in companies of any cap size, and may invest in equities from emerging markets.
Going for Growth
Growth-focused investors may wish to consider the MFS Active Growth ETF. The fund operates with a net expense ratio of 0.49%.
With a deep focus on growth and capital appreciation, MFSG looks for companies that offer deeper long-term growth potential. This fund primarily invests in large-cap equities, and may invest in foreign securities as well.
Core Plus Fixed Income
The MFS Active Core Plus Bond ETF offers the MFS take on a core plus bond strategy. MFSB has a net expense ratio of 34 basis points.
As a core plus bond strategy, MFSB will have a significant amount of portfolio exposure tied to investment-grade bonds. However, the fund can also have exposure to junk bonds and debt instruments from emerging markets.
Intermediate Muni Portfolio
Rounding out today’s launch lineup for MFS is the MFS Active Intermediate Muni Bond ETF. Much like MFSB, this bond ETF has a net expense ratio of 0.34%.
Primarily, MFSM seeks total return through a portfolio of municipal bonds, with a secondary consideration for capital appreciation. This ETF aims to have average portfolio maturity that sits between three to 10 years.
By choosing to invest in any of these funds, investors can tap into the extensive experience that MFS Investment Management possesses. MFS has over 100 years of expertise in navigating the market, having launched the first U.S. open-end mutual fund back in 1924.
“MFS has one of the strongest active management brands, having supported investors’ goals through mutual funds for decades,” said Todd Rosenbluth, head of research at VettaFi. “Given the strong demand for active ETFs, it is great to have them bring their expertise to meet investors where they are. While they are later to market, there is still room for growth.”
For more information, please visit VettaFi.com | ETF Trends.
