MFS recently announced a comanager change at one of MFS International Diversification's underlying offerings. Robert Lau will relinquish his comanager role on MFS Emerging Markets Equity MEMJX on Aug. 1, 2021, in order to concentrate on his comanager responsibilities at MFS International New Discovery MIDLX. The transition is 11 months away. Jose Luis Garcia and Henry Purcell will continue to serve as comanagers on MFS Emerging Markets Equity, which is 17.5% of this fund of funds' assets. And the management teams are unchanged at this fund's other five underlying offerings, including MFS International New Discovery. For all these reasons, its Morningstar Analyst Ratings, which range from Silver to Neutral depending on price, remain the same.
Will MDIHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDIHX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MDIHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MDIHX’s parent organization’s priorities and whether they’re in line with investors’ interests.