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MFS International New Discovery Fund Class R2 MIDRX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See MFS Investment Hub

Morningstar’s Analysis MIDRX

Will MIDRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MIDRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MIDRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MIDRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still a sound foreign smaller-cap vehicle for the long haul.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

MFS International New Discovery’s team is still strong after several departures, and it should remain so after a previously disclosed retirement occurs in 2027. The strategy, which is closed to most new investors, remains a solid source of reserved foreign smaller-cap exposure for long-term investors.

by William Samuel Rocco
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