This fund primarily allocates its capital to international stock markets, with a particular focus on equities from non-domestic companies, including those in emerging economies. These equity holdings encompass common stocks and other instruments that signify either a direct ownership stake or the potential to acquire one in a company or other entity. While MFS typically diversifies the fund's investments across a range of industries, economic sectors, countries, and geographical regions, it retains the flexibility to concentrate a significant portion of the assets in entities belonging to a single one of these categories.