Are there any fees associated with investing in MFS Investment Management products?
Asked 2 years ago
Yes, MFS Investment Management products typically come with various fees that investors should consider. These fees can include management fees, distribution or service fees, and, in some cases, sales charges. Management fees are charged for the ongoing management of the investment fund and are a percentage of the assets under management. Distribution fees, sometimes referred to as 12b-1 fees, may be applied to cover marketing and distribution costs associated with the fund. Sales charges, also known as loads, are fees that may be paid when shares are purchased or sold, depending on the type of share class chosen by the investor.
It is important for potential investors to carefully review the prospectus of each specific MFS fund, as this document provides detailed information about fees, expenses, and other critical aspects of the investment. Understanding these fees can help investors make informed decisions that align with their financial goals. For the most accurate and current information regarding fees and expenses associated with MFS products, individuals may want to visit the MFS website, where they can access the relevant documents and resources.
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