Are there any fees associated with investing in MFS Investment Management products?
Yes, there are fees associated with investing in MFS Investment Management products. These fees cover the cost of managing and administering the funds and are typically referred to as expense ratios. The expense ratio is a percentage of the fund's assets and is deducted from the investment's value on an annual basis. It includes various costs such as investment management, fund administration, marketing, and distribution expenses. Additionally, there may be other fees related to buying or selling shares of the funds, such as sales loads or transaction fees. It is important for investors to carefully review the fund's prospectus and other documents to understand the specific fees associated with investing in MFS Investment Management products before making any investment decisions.
Answered Nov 2, 2023
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