The modern purpose trust is dynastic or long term in many states and can be established for almost any legal purpose. Purpose trusts can provide a great vehicle to protect assets near and dear to the family in perpetuity.
MFS Investment Management launched its first suite of five actively managed ETFs in December 2024, extending proven mutual fund strategies into the fast-growing active ETF market. The transparent funds span U.S. equities, international equities, and fixed income, managed by the same seasoned professionals overseeing MFS’s existing vehicles. With simple tickers like MFSV for value and MFSG for growth, advisors can access familiar strategies in a new structure that aims to offer daily liquidity and tax efficiency.
