MIVL

MFS Active International Value ETF primarily invests in foreign equity securities, including common stocks and depositary receipts across developed and emerging market countries, targeting companies considered undervalued relative to their perceived intrinsic market worth. The fund employs an active bottom-up investment approach combined with quantitative model support to evaluate metrics such as price-to-book, price-to-earnings, free cash flow yield, financial quality, and capital allocation discipline without restriction on market capitalization.