Electric Avenue

At A Glance

Fund name: MFS Utilities Fund, A Shares
Managed by: MFS Family of Funds
Total assets: $223 million
Annual return since inception on February 14, 1992: 18.1%
One-year return: 31.89%
Load: Maximum load is 4.75% on investments of less than $50,000
Management fee: Approximately 0.5%
Minimum initial investment: $1,000
Phone: (800) 637-2929
Web site:http://www.mfs.com

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This article was originally published in the April 1998 print edition of Entrepreneur with the headline: Electric Avenue.

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