GLNIX Fees and Costs — MFS Global New Discovery Fund, Class I
Data updated: 2026-07-27
The net expense ratio is 1.10%: a 0.98% management fee plus 0.53% other expenses, less a 0.41% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $19K in broker commissions, 0.0250% of average net assets, and portfolio turnover was 47%.
GLNIX Fees and Expenses
Annual operating expenses and sales charges of GLNIX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.98% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.41% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GLNIX Costs Over Time
On $10,000 invested in GLNIX, assuming 5% a year before costs, total costs come to $702 over 5 years, cutting the return by 1.18% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $702 |
| Value after costs | $10,382 | $11,190 | $12,061 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
GLNIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0250%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $818K
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $25K
- Net income from securities lending: $1K (0.002% of average net assets)
GLNIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3K | 22.14% |
| Jefferies LLC | $2K | 15.07% |
| Morgan Stanley & Co. LLC | $1K | 11.24% |
| BofA Securities, Inc. | $1K | 9.13% |
| Barclays Capital Inc. | $1K | 8.71% |
| UBS Securities LLC | $880 | 7.27% |
| Goldman Sachs & Co. LLC | $877 | 7.24% |
| BMO Capital Markets Corp. | $822 | 6.79% |
| BNP Paribas Securities Corp. | $770 | 6.36% |
| JonesTrading Institutional Services LLC | $732 | 6.05% |
GLNIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $312K | 38.11% |
| Goldman Sachs & Co. LLC | $250K | 30.51% |
| Jefferies LLC | $222K | 27.07% |
| Morgan Stanley & Co. LLC | $35K | 4.30% |
MFS Global New Discovery Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GLNNX | Class R6 | 1.01% | none |
| GLNIX | Class I | 1.10% | none |
| GLNMX | Class R4 | 1.10% | none |
| GLNAX | Class A | 1.35% | 5.75% |
| GLNLX | Class R3 | 1.35% | none |
| GLNKX | Class R2 | 1.60% | none |
| GLNBX | Class B | 2.10% | none |
| GLNCX | Class C | 2.10% | none |
| GLNJX | Class R1 | 2.10% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.