MFS to launch Diversified Income fund

MFS Investment Management plans to launch a new Diversified Income fund, which will focus on five streams of income.

MFS’ chief investment strategist, James Swanson, will manage the fund and invest in US government securities, high yield corporate bonds, emerging market debt, dividend-paying equities and real estate related investments.

Mr Swanson will work with William Adams, co-head of fixed income for MFS and portfolio managers Ward Brown, David Cole, Richard Gable, Matthew Ryan, Jonathan Sage and Geoffrey Schechter.

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President of MFS International, Lina Medeiros said: “Similar to a strategy available in the US, this fund may be appropriate for investors who seek both income and growth potential through a diverse mix of income-producing securities.”