MFS Meridian Funds - Prudent Capital Fund I1 USD

The Fund’s objective is capital appreciation, measured in U.S. dollars. The Investment Manager normally invests the Fund’s assets across different asset classes, including equity securities, debt instruments, and cash and cash-equivalent instruments, based on its view of the relative value of different types of securities and/or other market conditions. The Investment Manager expects the Fund’s allocations among asset classes will normally fall within the following ranges: 50% to 90% in equity securities, 10% to 30% in fixed income instruments (excluding short-term U.S. government securities) and 0% to 40% in cash and cash-equivalent instruments and short-term U.S. government securities. However, the Fund may invest outside of these ranges and its exposure to these asset classes may vary significantly from time to time.