Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS still serves a single purpose: to create long term value for clients by allocating capital responsibly.

Massachusetts Financial Services 1970. MFS establishes a Fixed Income Group and offers its first balanced fund, MFS® Total Return Fund. 1969. To broaden the firm's scope of products and services, MIT is reorganized as Massachusetts Financial Services (MFS). 1959.

MFS Investment Management (MFS) Founded in 1924, Boston-based MFS brings nearly a century of active management experience to investors' portfolios.

Sun Life acquires Massachusetts Financial Services (MFS), the Boston-based investment management company. MFS “invented” the mutual fund in 1924 and today is a global investment manager with operations in over 20 countries.

A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.

Mutual funds work by pooling money together from many investors. That money then gets used to purchase stocks, bonds and other securities. Because mutual funds invest in a collection of companies, they offer instant diversification (thus lower risk) to investors.

A stock is a sliver of ownership in a single company, while a mutual fund is a basket of many stocks and other assets from multiple companies. While investing in a single stock means investing in one company, investing in a mutual fund means buying into many investments at once – all within a single investment.

How do employees rate MFS? Employees rate MFS 4 out of 5 stars based on 436 anonymous reviews on Glassdoor.

26 July 2023. 4 min read. Every mutual fund comes in two versions – direct mutual funds and regular mutual funds. One of the key distinctions between them is that regular mutual funds (MFs) have a distribution commission, while direct mutual funds do not. This makes the expense ratio higher for regular funds.

MFS Investment Management Background The company was purchased by Sun Life Financial of Canada back in 1982.

Investors have to pay fees for investing in mutual funds, which cover the costs of the fund doing business and the salaries of the professionals managing it. Mutual funds come with many advantages, such as advanced portfolio management, dividend reinvestment, risk reduction, convenience, and fair pricing.

Low Cost - An important advantage of mutual funds is their low cost. Due to huge economies of scale, mutual funds schemes have a low expense ratio. Expense ratio represents the annual fund operating expenses of a scheme, expressed as a percentage of the fund's daily net assets.