MFS Active International ETF

MFSI

Market cap $632M

Investor appetites for international equities could continue after the Fed implemented a second rate cut. Investors looking to get international equities exposure would be wise to consider using an actively managed fund like the MFS Active International ETF (MFSI).

On Wednesday, October 22, MFS expanded its collection of actively managed ETFs with the launch of two new funds: MFS Blended Research Core Equity ETF and MFS Blended Research International Equity ETF.

If the recent headlines can serve as any indication, uncertainty in the U.S. economy won't be going away any time soon.  As such, advisors and investors will likely want to make sure they maintain a portfolio that offers a good amount of diversification from U.S. equities.

TMX VettaFi is a participant in a weekly podcast called ETF of the Week. As the regular guest, I offer up a new, newsworthy, trending, or timely ETF and discuss it, unscripted, with the host, Chuck Jaffe.

Core U.S. equity and U.S. fixed income ETFs were up 2%-3% year-to-date through mid-June. Such modest performance has led many advisors to look for diversification benefits through other investments.

Every year, a large number of ETFs launch in December, aiming to get the benefit of a fresh calendar year of performance. Six months later, some of them have done so and garnered investor interest.

Investors are increasingly moving into active ETFs from mutual funds. This is because the ETF structure may offer numerous benefits over mutual funds.

Today, MFS Asset Management made its entrance into the ETF investing world with the launch of five new funds. Each of these funds is actively managed.

BOSTON--(BUSINESS WIRE)--MFS® today launched the firm's first actively managed exchange-traded funds, marking its entry into the fast-growing active ETF market, which now accounts for nearly $700 billion in assets in the United States.1 The following five actively managed ETFs began trading on the New York Stock Exchange today: MFS® Active Value ETF (NYSE: MFSV) MFS® Active Growth ETF (NYSE: MFSG) MFS® Active International ETF (NYSE: MFSI) MFS® Active Core Plus Bond ETF (NYSE: MFSB) MFS® Active.