Core Viewpoint - The current market environment is characterized by a focus on large-cap growth, particularly in the tech sector, driven by AI themes, with active strategies like the MFS Active Growth ETF (MFSG) offering potential advantages over passive funds [1][2]. Group 1: Market Environment - The emphasis on large-cap growth is particularly evident with companies like Nvidia, Microsoft, and Apple, which are part of the "Magnificent Seven" [1]. - The AI theme is propelling much of the market performance in 2025, attracting investor interest [1]. Group 2: Active vs. Passive Funds - Active funds are increasingly sought after in a market with rising uncertainty due to various factors such as inflation and geopolitical tensions [2]. - The MFS Active Growth ETF (MFSG) distinguishes itself by leveraging the expertise of MFS portfolio managers and a global network of over 50 equity research analysts [2]. Group 3: Investment Strategy - MFSG employs a bottom-up approach to select holdings, focusing on companies with strong economic moats and competitive advantages [3]. - The fund's active strategy allows for flexibility in adjusting its portfolio over time, targeting high-level investment themes such as AI and healthcare innovation [3][4]. Group 4: Fund Characteristics - MFSG aims to build a growth portfolio of companies that can deliver steady, above-average growth rates that may be undervalued by the broader market [4]. - The fund has a competitive expense ratio of 0.49%, which is lower than the FactSet Segment Average of 0.61%, making it a cost-effective option for growth exposure [5]. Group 5: Performance Potential - The fund's tailored holdings are designed to potentially outperform benchmark passive indexes over a full market cycle [6]. - Portfolio managers have the flexibility to adjust holdings to capture upside or mitigate downside risks [6]. - MFSG targets companies with sustainable high growth potential, enhancing its investment strategy [6].