MFS Launches Active International Value ETF Focused on Undervalued Stocks

MFS has launched the MFS Active International Value ETF (MIVL), an actively managed fund that invests primarily in undervalued non-U.S. companies, including those in emerging markets. The strategy uses bottom-up fundamental research, supported by quantitative models, to identify stocks trading at attractive valuations relative to earnings, cash flow, assets, and other financial metrics. MIVL invests across industries, countries, and market capitalizations, seeking long-term capital appreciation through a diversified portfolio of international value stocks.