MFS SUN LIFE SERIES TRUST
485APOS, 1999-08-13
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<PAGE>

     As filed with the Securities and Exchange Commission on August 13, 1999
                                                     1933 Act File No.  2-83616
                                                     1940 Act File No. 811-3732


===============================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                               ------------------

                                    FORM N-1A
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                         POST-EFFECTIVE AMENDMENT NO. 24


                                       AND

                          REGISTRATION STATEMENT UNDER
                       THE INVESTMENT COMPANY ACT OF 1940

                                AMENDMENT NO. 28


                            MFS/SUN LIFE SERIES TRUST
               (Exact Name of Registrant as Specified in Charter)

                500 Boylston, Street, Boston, Massachusetts 02116
                    (Address of Principal Executive Offices)

       Registrant's Telephone Number, Including Area Code: (617) 954-5000
           Stephen E. Cavan, Massachusetts Financial Services Company
                500 Boylston Street, Boston, Massachusetts 02116
                     (Name and Address of Agent for Service)

                  Approximate Date of Proposed Public Offering:

  It is proposed that this filing will become effective (check appropriate box)


|_| immediately upon filing pursuant to paragraph (b)
|_| on [date] pursuant to paragraph (b)
|_| 60 days after filing pursuant to paragraph (a)(i)
|_| on [date] pursuant to paragraph (a)(i)
|_| 75 days after filing pursuant to paragraph (a)(ii)
|X| on October 27, 1998 pursuant to paragraph (a)(ii) of rule 485.


If appropriate, check the following box:
|_| this post-effective amendment designates a new effective date for a
    previously filed post-effective amendment

===============================================================================
<PAGE>
           Supplement dated November 1, 1999 to the Current Prospectus

                                       Of

                     MFS/SUN LIFE SERIES TRUST (THE "TRUST")


This  supplement  describes  a new series of the Trust -- the  Strategic  Growth
Series -- and supplements  certain  information in the Trust's  Prospectus dated
May 1, 1999. The caption  headings used in this  Supplement  correspond with the
caption headings used in the Prospectus.  Information  which is not supplemented
applies equally to the Strategic Growth Series.


I.   EXPENSE SUMMARY - BEGINNING ON PAGE 1

     Expense Table.  This table  describes the expense that you may pay when you
     hold shares of the series. These fees and expenses do not take into account
     the fees and expenses imposed under the Variable Contracts through which an
     investment in the series is made. The table is supplemented as follows:

     Annual  Operating  Expenses  (expenses  that are  deducted  from a  series'
     assets):

                                            Strategic Growth Series
         Management Fee                             0.75%
         Other Expenses                             3.43%
                                                    ----
         Total Annual Series Operating Expenses     4.18%
             Fee Waivers/Expense Reimbursement(1)  (3.15)%
                                                    ----
             Net Expenses(2)                        1.03%
- -----------------------
(1)  MFS has contractually  agreed to bear the series' expenses such that "Other
     Expenses" do not exceed 0.25% annually.  This contractual  arrangement will
     continue  until at least May 1, 2000,  unless  modified with the consent of
     the board of trustees, which oversees the series.
(2)  The series has an expense  offset  arrangement  which reduces its custodian
     fee  based  upon the  amount  of cash  maintained  by the  series  with its
     custodian and dividend  disbursing  agent.  The series may enter into other
     similar arrangements and directed brokerage arrangements,  which would also
     have the effect of reducing the series'  expenses.  The series  expenses do
     not take into  account  these  expense  reductions,  and  therefore  do not
     represent the actual expenses of the series.  Had these expense  reductions
     been taken into account, "Net Expenses" would be 1.00%.

     Example of Expenses.  The  "Example of Expenses"  table is intended to help
     you compare the cost of  investing in the series with the cost of investing
     in other mutual funds.

         The example assumes that:

         o    You invest  $10,000 in the series for the time  periods  indicated
              and you redeem your shares at the end of the time periods;

         o    Your investment has a 5% return each year and dividends and other
              distributions are reinvested; and

         o    The series'  operating  expenses remain the same,  except that the
              series'  total  operating  expenses  are assumed to be the series'
              "Net  Expenses" for the first year,  and the series' "Total Annual
              Series Operating Expenses" for subsequent years (see table above).


                                       1
<PAGE>

         The table is supplemented as follows:

         Although  your  actual  costs  may be  higher  or  lower,  under  these
assumptions your costs would be:

                                                  Year 1          Year 3

              Strategic Growth Series              $102            $979


II.  RISK RETURN SUMMARY - BEGINNING ON PAGE 4

     This section of the prospectus is supplemented as follows:

27:  Strategic Growth Series

     Investment   Objective.   The  series'  investment   objective  is  capital
     appreciation.  Approval  by the  series'  shareholders  is not  required to
     modify or change the series' objective.

     Principal Investment  Strategies.  The series invests,  under normal market
     conditions,  at least 65% of its total assets in common  stocks and related
     securities,   such  as  preferred  stocks,   bonds,   warrants,  or  rights
     convertible  into stock and depositary  receipts for these  securities,  of
     companies which MFS believes offer superior prospects for growth.

     MFS  uses a  bottom-up,  as  opposed  to a  top-down,  investment  style in
     managing the  equity-oriented  funds (such as the series) it advises.  This
     means that securities are selected based upon fundamental analysis (such as
     an analysis of earnings, cash flows,  competitive position and management's
     abilities)  performed by the series' portfolio manager and MFS' large group
     of equity research analysts.

     In managing the series, MFS seeks to purchase securities of companies which
     MFS considers  well-run and poised for growth.  MFS looks  particularly for
     companies which demonstrate:

     o    a strong franchise, strong cash flows and a recurring revenue stream

     o    a solid industry position, where there is

               potential for high profit margins

               substantial barriers to new entry in the industry

     o    a strong management team with a clearly defined strategy

     o    a catalyst which may accelerate growth

     Consistent  with the  series'  principal  investment  strategies  described
     above, the series may invest in foreign  securities,  and may have exposure
     to foreign currencies through its investment in these securities.


     Principal  Risks of an Investment.  The principal risks of investing in the
     series and the  circumstances  reasonably likely to cause the value of your
     investment in the series to decline are described below. The share price of
     the series  generally  changes daily based on market  conditions  and other
     factors.  Please note that there are many  circumstances  which could cause
     the value of your

                                       2
<PAGE>

     investment  in the series to decline,  and which  could  prevent the series
     from  achieving its objective,  that are not described  here. The principal
     risks of investing in the series are:

     o    Market  Risk:  This is the risk that the price of a security  held by
          the series will fall due to  changing  economic,  political  or market
          conditions,  or due to the  financial  condition of the company  which
          issued the security.

     o    Growth  Companies:  This is the risk  that the  prices  of  growth
          company securities held by the series, which are the series' principal
          investment  focus,  will fall to a  greater  extent  than the  overall
          equity  markets  (e.g.,  as  represented  by the  Standard  and Poor's
          Composite  500 Index) due to changing  economic,  political  or market
          conditions.

     o    Foreign  Securities:  Investments  in foreign  securities  involve
          risks relating to political,  social and economic developments abroad,
          as  well  as  risks  resulting  from  the   differences   between  the
          regulations to which U.S. and foreign issuers and markets are subject:

               These risks may include the seizure by the  government of company
               assets,  excessive  taxation,  withholding taxes on dividends and
               interest, limitations on the use or transfer of portfolio assets,
               and political or social instability.

               Enforcing  legal  rights  may be  difficult,  costly  and slow in
               foreign  countries,  and there may be special problems  enforcing
               claims against foreign governments.

               Foreign  companies may not be subject to accounting  standards or
               governmental  supervision comparable to U.S. companies, and there
               may be less public information about their operations.

               Foreign  markets may be less liquid and more  volatile  than U.S.
               markets.

               Foreign  securities often trade in currencies other than the U.S.
               dollar,  and the series may directly hold foreign  currencies and
               purchase and sell foreign  currencies  through  forward  exchange
               contracts.  Changes in  currency  exchange  rates will affect the
               series' net asset  value,  the value of  dividends  and  interest
               earned,  and gains and losses realized on the sale of securities.
               An increase in the strength of the U.S.  dollar relative to these
               other  currencies  may cause the value of the series to  decline.
               Certain  foreign  currencies may be  particularly  volatile,  and
               foreign  governments  may  intervene  in  the  currency  markets,
               causing a decline in value or  liquidity  in the series'  foreign
               currency  holdings.  Forward foreign currency exchange  contracts
               involve the risk that the party with which the series  enters the
               contract may fail to perform its obligations to the series.


     Bar Chart and Performance  Table.  The bar chart and performance  table are
     not  included  because  the  series  did not have a full  calendar  year of
     performance on December 31, 1998.



III. CERTAIN INVESTMENT STRATEGIES AND RISKS - BEGINNING ON PAGE 76


     The series may invest in various types of securities  and engage in various
     investment  techniques and practices  which are not the principal  focus of
     the series and therefore are not described in this Supplement. The types of
     securities and investment  techniques and practices in which the Series may
     engage are identified in Appendix A to this Supplement,  and are discussed,
     together  with  their  risks,  in  the  Series'   Statement  of  Additional
     Information  (referred to as the SAI),  which you may obtain by  contacting
     Sun Life  Assurance  Company  of  Canada  (U.S.)  Retirement  Products  and
     Services Division (see the back cover of the prospectus for the address and
     phone number).

                                       3
<PAGE>

IV.  MANAGEMENT OF THE SERIES - BEGINNING ON PAGE 77

     Investment Adviser. Massachusetts Financial Services Company is the series'
     investment adviser, and is described in the prospectus.

     Portfolio Managers.

     This section is supplemented as follows:

                   Series                         Portfolio Managers
                   ------                         ------------------

         Strategic Growth Series        S. Irfan Ali, Vice President of MFS,-
                                        and Stephen Pesek, Senior Vice President
                                        of MFS, have been portfolio managers of
                                        the series since its  inception.  Mr.
                                        Ali has been  employed by MFS as a
                                        portfolio  manager  since 1993 and Mr.
                                        Pesek has been  employed by MFS as a
                                        portfolio manager since 1994.


                                       4
<PAGE>


APPENDIX A

         Investment   Techniques  and  Practices.   In  pursing  its  investment
         objective,  the  series  may  engage  in the  following  principal  and
         non-principal   investment   techniques   and   practices.   Investment
         techniques  and practices  which are the principal  focus of the series
         are described, together with their risks, in the Risk Return Summary of
         this Supplement. Both principal and non-principal investment techniques
         and practices are described, together with their risks, in the SAI.

                         Investment Techniques/Practices
<TABLE>
<CAPTION>
     <S>                <C>                                       <C>
                        Symbols                                   |X| Permitted   --   Not Permitted
                                                                        Strategic Growth Series
     Debt Securities
          Asset-Backed Securities
              Collateralized Mortgage Obligations and Multiclass                --
                Pass-Through Securities
              Corporate Asset-Backed Securities                                 --
              Mortgage Pass-Through Securities                                  --
              Stripped Mortgage-Backed Securities                               --
          Corporate Securities                                                  |X|
          Loans and Other Direct Indebtedness                                   --
          Lower Rated Bonds                                                     --
          Municipal Bonds                                                       --
          Speculative Bonds                                                     --
          U.S. Government Securities                                            |X|
          Variable and Floating Rate Obligations                                --
          Zero Coupon Bonds, Deferred Interest Bonds and PIK Bonds              |X|
     Equity Securities                                                          |X|
     Foreign Securities Exposure
          Brady Bonds                                                           --
          Depositary Receipts                                                   |X|
          Dollar-Denominated Foreign Debt Securities                            |X|
          Emerging Markets                                                      |X|
          Foreign Securities                                                    |X|
     Forward Contracts                                                          |X|
     Futures Contracts                                                          |X|
     Indexed Securities/Structured Products                                     |X|
     Inverse Floating Rate Obligations                                          --
     Investment in Other Investment Companies
          Open-End Funds                                                        |X|
          Closed-End Funds                                                      |X|
     Laddering                                                                  --
     Lending of Portfolio Securities                                            |X|
     Leveraging Transactions
          Bank Borrowings                                                       |X|
          Mortgage "Dollar-Roll" Transactions                                   --
          Reverse Repurchase Agreements                                         |X|
     Options
          Options on Foreign Currencies                                         |X|
          Options on Futures Contracts                                          |X|
          Options on Securities                                                 |X|
          Options on Stock Indices                                              |X|
          Reset Options                                                         |X|
          "Yield Curve" Options                                                 |X|
</TABLE>

                                       5
<PAGE>

<TABLE>
<CAPTION>
     <S>               <C>                                       <C>
                       Symbols                                   |X| Permitted   --   Not Permitted
                                                                        Strategic Growth Series

     Repurchase Agreements                                                      |X|
     Restricted Securities                                                      |X|
     Short Sales                                                                |X|
     Short Sales Against the Box                                                |X|
     Short Term Instruments                                                     |X|
     Swaps and Related Derivative Instruments                                   |X|
     Temporary Borrowings                                                       |X|
     Temporary Defensive Positions                                              |X|
     Warrants                                                                   |X|
     "When-issued" Securities                                                   |X|
</TABLE>




















                The date of this Supplement is November 1, 1999.

                                       6
<PAGE>



         Supplement dated November 1, 1999 to the Current Statement of
                             Additional Information
                                       OF
                     MFS/SUN LIFE SERIES TRUST (THE "TRUST")


This  Supplement  describes  a new series of the Trust -- the  Strategic  Growth
Series -- and  supplements  certain  information  in the  Trust's  Statement  of
Additional  Information  dated May 1, 1999.  The caption  headings  used in this
Supplement  correspond  with  the  caption  headings  used in the  Statement  of
Additional Information. Information which is not supplemented applies equally to
the Strategic Growth Series.


1.   DEFINITIONS - PAGE 3

     This section is supplemented as follows:

     The number "27" replaces the number "26" at the end of the first paragraph.

     The following item is added at the end of the list of investment options:

          "27.  Strategic Growth Series"


2.   INVESTMENT TECHNIQUES, PRACTICES AND RISKS - BEGINNING ON PAGE 3

     This section is supplemented by adding the following  disclosure at the end
of the section on page 5:

     "25. Strategic Growth Series
          Foreign Securities:...............   up to (but not including) 20%
          Securities Lending:...............   30%"


3.   INVESTMENT RESTRICTIONS - BEGINNING ON PAGE 5

     This section is supplemented by adding the following  disclosure at the end
of the section on page 11:

     "(15) Investment Restrictions that Apply Only to the Strategic Growth
     Series:

     The Strategic Growth Series may not:

     (1)  Borrow  amounts  from  banks  in  excess  of 33  1/3%  of its  assets,
          including amounts borrowed.

     (2)  Underwrite  securities  issued by other persons  except insofar as the
          Series may  technically be deemed an underwriter  under the Securities
          Act of 1933,  as  amended  (the  "1933  Act") in  selling a  portfolio
          security.

     (3)  Purchase or sell real estate (including limited partnership  interests
          but excluding  securities  secured by real estate or interests therein
          and securities of companies,  such as real estate  investment  trusts,
          which deal in real estate or interests therein), interests in oil, gas
          or mineral  leases,  commodities  or  commodity  contracts  (excluding
          currencies  and any type of  option,  Futures  Contracts  and  Forward
          Contracts) in the ordinary course of its business. The Series reserves
          the freedom of action to hold and to sell real estate, mineral leases,
          commodities or commodity contracts (including  currencies and any type
          of option,  Futures  Contracts  and Forward  Contracts)  acquired as a
          result of the ownership of securities.

     (4)  Issue any senior  securities  except as permitted by the 1940 Act. For
          purposes of this restriction,  collateral arrangements with respect to
          any type of swap, option,  Forward Contracts and Futures Contracts

                                       1
<PAGE>

          and  collateral  arrangements  with  respect to initial and  variation
          margin are not deemed to be the issuance of a senior security.

     (5)  Make loans to other  persons.  For these  purposes,  the  purchase  of
          commercial paper, the purchase of a portion or all of an issue of debt
          securities,  the lending of portfolio securities, or the investment of
          the Series' assets in repurchase  agreements,  shall not be considered
          the making of a loan. or

     (6)  Purchase any securities of an issuer of a particular industry, if as a
          result,  25%  or  more  of its  gross  assets  would  be  invested  in
          securities of issuers whose principal  business  activities are in the
          same  industry   (except  there  is  no  limitation  with  respect  to
          obligations  issued  or  guaranteed  by  the  U.S.  Government  or its
          agencies   and    instrumentalities    and    repurchase    agreements
          collateralized by such obligations).

     In addition, the Series has adopted the following  nonfundamental  policies
which may be changed by the vote of the Series Fund's Board of Trustees  without
shareholder approval. The Strategic Growth Series will not:

     (1)  Invest in illiquid investments,  including securities subject to legal
          or contractual restrictions on resale or for which there is no readily
          available market (e.g.,  trading in the security is suspended,  or, in
          the case of unlisted securities, where no market exists), if more than
          15% of the Series' assets (taken at market value) would be invested in
          such  securities.  Repurchase  agreements  maturing in more than seven
          days  will be  deemed  to be  illiquid  for  purposes  of the  Series'
          limitation on investment in illiquid  securities.  Securities that are
          not  registered  under the 1933 Act and sold in  reliance on Rule 144A
          thereunder, but are determined to be liquid by the Series Fund's Board
          of  Trustees  (or its  delegee),  will  not be  subject  to  this  15%
          limitation.

     (2)  Pledge,  mortgage  or  hypothecate  in  excess of 33 1/3% of its gross
          assets. For purposes of this restriction, collateral arrangements with
          respect to any type of swap,  option,  Futures  Contracts  and Forward
          Contracts and payments of initial and  variation  margin in connection
          therewith, are not considered a pledge of assets.

     (3)  Invest for the purpose of exercising control or management."





















                The date of this Supplement is November 1, 1999.

                                       2
<PAGE>
                                     PART C



Item 23.  Financial Statements and Exhibits

          (a)  Financial Statements Included in Part A:


          For the years or periods,  as applicable to each  operational  series,
          ended December 31, 1998*:

               Financial Highlights

          Financial Statements Included in Part B:

          Portfolios of Investments,  December 31, 1998* Statement of Assets and
          Liabilities,  December 31, 1998* Statements of Operations,  year ended
          December 31, 1998*  Statements  of Changes in Net Assets,  years ended
          December 31, 1997 and 1998.*
- -----------------------

*  Incorporated  herein by  reference  to the  Registrant's  Annual  Reports  to
   shareholders,  dated December 31, 1998, filed with the SEC via EDGAR on March
   8, 1999.


          (b) Exhibits:

               1 (a)     Amended and Restated Declaration of Trust of Registrant
                         dated December 29, 1997. (3)


                 (b)     Amendment to the Declaration of Trust, to change the
                         name of certain series, dated April 29, 1999; filed
                         herewith.

                 (c)     Form of Amendment to the Declaration of Trust
                         establishing  the new series; filed herewith.


               2         By-Laws of Registrant dated February 6, 1998.  (3)

               3         Not Applicable.

               4 (a)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company dated May 24,
                         1985.  (3)
<PAGE>

                 (b)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company dated July 23,
                         1986.  (3)

                 (c)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company dated January
                         26, 1988.  (3)

                 (d)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services  Company relating to
                         the World Growth Series dated November 1, 1993. (3)

                 (e)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the Utilities Series dated November 1, 1993.  (3)

                 (f)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the Research Series dated September 16, 1994.  (3)

                 (g)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the World Asset Allocation Series dated September
                         16, 1994.  (3)

                 (h)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the World Total Return Series dated September 16,
                         1994.  (3)

                 (i)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the Emerging Growth Series dated May 1, 1995.  (3)

                 (j)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the MFS/Foreign & Colonial International Growth
                         Series dated September 1, 1995.  (3)
<PAGE>

                 (k)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services  Company relating to
                         the MFS/Foreign & Colonial International Growth  and
                         Income Series dated September 1, 1995. (3)

                 (l)     Investment Advisory Agreement between Registrant and
                         Massachusetts Financial Services Company relating to
                         the MFS/Foreign & Colonial Emerging Markets Equity
                         Series dated September 1, 1995.  (3)

                 (m)     Sub-Advisory Agreement by and between Massachusetts
                         Financial Services Company and Foreign & Colonial
                         Management  Ltd.  relating to the  MFS/Foreign &
                         Colonial International  Growth  Series dated
                         September 1, 1995. (3)

                 (n)     Sub-Advisory Agreement by and between Massachusetts
                         Financial Services Company and Foreign & Colonial
                         Management  Ltd.  relating to the MFS/Foreign &
                         Colonial Emerging Markets Equity Series dated
                         September  1, 1995. (3)

                 (o)     Sub-Advisory Agreement between  Foreign  &  Colonial
                         Management Ltd. and Foreign & Colonial Emerging
                         Markets Limited relating to the MFS/Foreign & Colonial
                         International Growth Series dated September 1,
                         1995. (3)

                 (p)     Sub-Advisory Agreement between Foreign & Colonial
                         Management Ltd. and Foreign & Colonial Emerging
                         Markets Limited relating to the MFS/Foreign & Colonial
                         Emerging Markets Equity Series dated September 1,
                         1995.  (3)

                 (q)     Sub-Advisory Agreement by and between Massachusetts
                         Financial   Services  Company and Foreign & Colonial
                         Management  Limited  relating to the  World  Growth
                         Series dated May 1, 1996. (3)
<PAGE>

                 (r)     Sub-Advisory Agreement between Foreign & Colonial
                         Management Limited and Foreign & Colonial Emerging
                         Markets  Limited  relating to the World Growth  Series
                         dated May 1, 1996. (3)

                 (s)     Investment Advisory Agreement between Registrant and
                         Massachusetts  Financial  Services  Company  relating
                         to the Value Series dated May 1, 1996. (3)

                 (t)     Investment Advisory Agreement between Registrant, on
                         behalf  of  the  Research  Growth  and  Income  Series,
                         and Massachusetts Financial Services Company dated
                         May 12, 1997. (3)

                 (u)     Amendment to the Investment Advisory Agreement by and
                         between  Massachusetts  Financial  Services  Company
                         and the Registrant relating to the Capital Appreciation
                         Series dated January 1, 1997. (1)


                 (v)     Investment Advisory Agreement between Registrant, on
                         behalf  of the  Bond  Series,  and  Massachusetts
                         Financial Services Company dated May 1, 1998. (5)

                 (w)     Investment Advisory Agreement between Registrant, on
                         behalf  of  the  Equity  Income  Series,  and
                         Massachusetts  Financial Services Company dated May 1,
                         1998. (5)

                 (x)     Investment Advisory Agreement between Registrant, on
                         behalf of the  Massachusetts  Investors Growth Stock
                         Series,  and Massachusetts  Financial Services Company
                         dated May 1, 1998. (5)

                 (y)     Investment Advisory Agreement between Registrant, on
                         behalf  of  the  New  Discovery  Series,  and
                         Massachusetts  Financial Services Company dated May 1,
                         1998. (5)
<PAGE>

                 (z)     Investment Advisory Agreement between Registrant, on
                         behalf   of   the   Research   International   Series,
                         and  Massachusetts  Financial  Services Company dated
                         May 1, 1998. (5)

                 (aa)    Investment Advisory Agreement between Registrant, on
                         behalf of the Strategic  Income  Series,  and
                         Massachusetts  Financial Services Company dated May 1,
                         1998. (5)

                 (bb)    Form of Investment Advisory Agreement between
                         Registrant,  on behalf of the Strategic  Growth Series,
                         and  Massachusetts   Financial   Services   Company;
                         filed herewith.


                 5       Not Applicable.

                 6       Not Applicable.

                 7 (a)   Custodian Agreement between Registrant and State Street
                         Bank and Trust Company dated May 24, 1985. (3)

                   (b)   Amendment dated July 23, 1986 to Custodian
                         Agreement.  (3)

                 8 (a)   Shareholder Servicing Agent Agreement between
                         Registrant  and MFS Service  Center,  Inc.,  dated
                         August 1, 1985. (3)


                   (b)   Master Administrative Services Agreement, dated March
                         1, 1997, as amended and restated April 1, 1999. (2)

                 9 (a)   Consent and Opinion of Counsel dated April 24, 1998.(4)

                   (b)   Consent of Counsel, dated August 11, 1999; filed
                         herewith.

                10       Consent of Deloitte & Touche LLP.  (5)


                11       Not Applicable.
<PAGE>

                12       Not Applicable.

                13       Not Applicable.


                14       Financial Data Schedules.  (5)


                15       Not Applicable.

                         Power of Attorney dated July 24, 1997.  (4)

(1)  Incorporated  by  reference  to  Post-Effective  Amendment  No.  20 to  the
     Registrant's Registration Statement filed via EDGAR on April 29, 1997.

(2)  Incorporated  by reference  to MFS Series Trust III (File Nos.  2-60491 and
     811-2794)  Post-Effective  Amendment  No.  28 filed  via EDGAR on March 31,
     1999.

(3)  Incorporated  by  reference  to  Post-Effective  Amendment  No.  21 to  the
     Registrant's  Registration  Statement filed via EDGAR on February 13, 1998.
     (4)  Incorporated  by reference to  Post-Effective  Amendment No. 22 to the
     Registrant's Registration Statement filed via EDGAR on April 29, 1998.

(5)  Incorporated  by  reference  to  Post-Effective  Amendment  No.  23 to  the
     Registrant's Registration Statement filed via EDGAR on February 22, 1999.


Item 24.  Persons Controlled by or under Common Control with Registrant

          Not applicable.

Item 25.  Indemnification

          Reference is hereby made to (a) Article V of the  Registrant's
Amended  and  Restated  Declaration  of  Trust,  filed  as  an  Exhibit  to  the
Registrant's  Post-Effective  Amendment  No. 21 and (b) the  undertaking  of the
Registrant  regarding  indemnification set forth in Registrant's  Post-Effective
Amendment No. 21.

          The Trustees and officers of the  Registrant and the personnel
of the Registrant's investment adviser are insured under an errors and omissions
liability  insurance  policy.  The  Registrant and its officers are also insured
under the fidelity bond required by Rule 17g-1 under the Investment  Company Act
of 1940.

Item 26.  Business and Other Connections of Investment Adviser


          MFS serves as  investment  adviser to the  following  open-end
Funds  comprising  the MFS Family of Funds  (except the Vertex  Funds  mentioned
below):  Massachusetts  Investors  Trust,  Massachusetts  Investors Growth Stock
Fund,  MFS Growth  Opportunities  Fund,  MFS  Government  Securities  Fund,  MFS
Government  Limited  Maturity Fund, MFS Series Trust I (which has twelve series:
MFS Managed  Sectors Fund,  MFS Cash

<PAGE>


Reserve Fund, MFS Global Asset  Allocation  Fund, MFS Strategic Growth Fund, MFS
Research  Growth and Income Fund,  MFS Core Growth Fund, MFS Equity Income Fund,
MFS Convertible Securities Fund, MFS Blue Chip Fund, MFS New Discovery Fund, MFS
Science and Technology  Fund and MFS Research  International  Fund),  MFS Series
Trust II (which has four series:  MFS Emerging Growth Fund, MFS Large Cap Growth
Fund,  MFS  Intermediate  Income Fund and MFS Charter  Income Fund),  MFS Series
Trust III (which has three  series:  MFS High Income Fund,  MFS  Municipal  High
Income Fund and MFS High Yield  Opportunities  Fund), MFS Series Trust IV (which
has four series:  MFS Money Market Fund, MFS  Government  Money Market Fund, MFS
Municipal Bond Fund and MFS Mid Cap Growth Fund),  MFS Series Trust V (which has
five series:  MFS Total  Return  Fund,  MFS  Research  Fund,  MFS  International
Opportunities   Fund,   MFS   International   Strategic   Growth  Fund  and  MFS
International  Value  Fund),  MFS Series Trust VI (which has three  series:  MFS
Global Total Return Fund,  MFS Utilities  Fund and MFS Global Equity Fund),  MFS
Series  Trust VII (which has two  series:  MFS Global  Governments  Fund and MFS
Capital  Opportunities  Fund), MFS Series Trust VIII (which has two series:  MFS
Strategic  Income Fund and MFS Global Growth  Fund),  MFS Series Trust IX (which
has eight  series:  MFS Bond Fund,  MFS Limited  Maturity  Fund,  MFS  Municipal
Limited Maturity Fund, MFS Research Bond Fund, MFS Intermediate Investment Grade
Bond Fund, MFS Mid Cap Value Fund, MFS Large Cap Value Fund and MFS High Quality
Bond Fund), MFS Series Trust X (which has seven series: MFS Government  Mortgage
Fund,  MFS/Foreign & Colonial  Emerging  Markets Equity Fund, MFS  International
Growth Fund, MFS International Growth and Income Fund, MFS Strategic Value Fund,
MFS Small Cap Value Fund and MFS Emerging  Markets Debt Fund),  MFS Series Trust
XI (which has four series:  MFS Union Standard Equity Fund, Vertex All Cap Fund,
Vertex U.S. All Cap Fund and Vertex  Contrarian  Fund), and MFS Municipal Series
Trust  (which has 16 series:  MFS  Alabama  Municipal  Bond Fund,  MFS  Arkansas
Municipal Bond Fund, MFS California  Municipal Bond Fund, MFS Florida  Municipal
Bond Fund, MFS Georgia  Municipal  Bond Fund, MFS Maryland  Municipal Bond Fund,
MFS Massachusetts  Municipal Bond Fund, MFS Mississippi Municipal Bond Fund, MFS
New York  Municipal  Bond Fund,  MFS North  Carolina  Municipal  Bond Fund,  MFS
Pennsylvania  Municipal Bond Fund,  MFS South Carolina  Municipal Bond Fund, MFS
Tennessee  Municipal  Bond Fund,  MFS  Virginia  Municipal  Bond Fund,  MFS West
Virginia  Municipal Bond Fund and MFS Municipal  Income Fund) (the "MFS Funds").
The principal  business address of each of the MFS Funds is 500 Boylston Street,
Boston, Massachusetts 02116.

          MFS also serves as investment adviser of the following open-end Funds:
MFS  Institutional  Trust  ("MFSIT")  (which has ten  series)  and MFS  Variable
Insurance  Trust ("MVI")  (which has fifteen  series).  The  principal  business
address of each of the  aforementioned  funds is 500  Boylston  Street,  Boston,
Massachusetts 02116.

          In addition, MFS serves as investment adviser to the following
closed-end funds: MFS Municipal Income Trust, MFS Multimarket  Income Trust, MFS
Government  Markets Income Trust,  MFS  Intermediate  Income Trust,  MFS Charter
Income  Trust and

<PAGE>



MFS Special Value Trust (the "MFS  Closed-End  Funds").  The principal  business
address of each of the MFS  Closed-End  Funds is 500  Boylston  Street,  Boston,
Massachusetts 02116.

          Lastly,  MFS serves as  investment adviser to MFS/Sun Life Series
Trust  ("MFS/SL")  (which has 26 series),  Money Market Variable  Account,  High
Yield  Variable  Account,  Capital  Appreciation  Variable  Account,  Government
Securities Variable Account,  Global Governments Variable Account,  Total Return
Variable  Account  and  Managed  Sectors  Variable  Account  (collectively,  the
"Accounts").  The principal  business  address of MFS/SL is 500 Boylston Street,
Boston,  Massachusetts  02116.  The  principal  business  address of each of the
aforementioned  Accounts  is One  Sun  Life  Executive  Park,  Wellesley  Hills,
Massachusetts 02181.

          Vertex Investment Management, Inc., a Delaware corporation and a
wholly owned subsidiary of MFS, whose principal business address is 500 Boylston
Street, Boston, Massachusetts 02116 ("Vertex"),  serves as investment adviser to
Vertex All Cap Fund, Vertex U.S. All Cap Fund and Vertex Contrarian Fund, each a
series  of  MFS  Series  Trust  XI.  The  principal   business  address  of  the
aforementioned Funds is 500 Boylston Street, Boston, Massachusetts 02116.

          MFS International  Ltd.  ("MIL"),  a limited liability company
organized  under the laws of Bermuda and a subsidiary  of MFS,  whose  principal
business address is Cedar House, 41 Cedar Avenue,  Hamilton HM12 Bermuda, serves
as investment adviser to and distributor for MFS American Funds known as the MFS
Funds after  January 1999 (which will have 11  portfolios  as of January  1999):
U.S.  Equity Fund,  U.S.  Emerging  Growth Fund, U.S. High Yield Bond Fund, U.S.
Dollar Reserve Fund,  Charter Income Fund, U.S.  Research Fund,  U.S.  Strategic
Growth Fund,  Global Equity Fund,  European  Equity Fund and European  Corporate
Bond Fund) (the "MIL  Funds").  The MIL Funds are  organized in  Luxembourg  and
qualify as an undertaking for collective investments in transferable  securities
(UCITS). The principal business address of the MIL Funds is 47, Boulevard Royal,
L-2449 Luxembourg.  MIL also serves as investment adviser to and distributor for
MFS Meridian U.S.  Government  Bond Fund, MFS Meridian  Charter Income Fund, MFS
Meridian Global  Governments  Fund, MFS Meridian U.S.  Emerging Growth Fund, MFS
Meridian  Global Equity Fund, MFS Meridian  Limited  Maturity Fund, MFS Meridian
Global Growth Fund, MFS Meridian Money Market Fund, MFS Meridian Global Balanced
Fund, MFS Meridian U.S.  Equity Fund,  MFS Meridian  Research Fund, MFS Meridian
U.S.  High Yield Fund,  MFS Meridian  Emerging  Markets Debt Fund,  MFS Meridian
Strategic  Growth Fund and MFS Meridian Global Asset Allocation Fund and the MFS
Meridian Research  International  Fund  (collectively the "MFS Meridian Funds").
Each of the MFS Meridian  Funds is organized as an exempt company under the laws
of the  Cayman  Islands.  The  principal  business  address  of  each of the MFS
Meridian  Funds is P.O. Box 309,  Grand  Cayman,  Cayman  Islands,  British West
Indies.

<PAGE>

          MFS International (U.K.) Ltd. ("MIL-UK"),  a private limited company
registered  with the  Registrar of Companies for England and Wales whose current
address is Eversheds,  Senator House, 85 Queen Victoria Street,  London, England
EC4V 4JL, is involved primarily in marketing and investment  research activities
with respect to private clients and the MIL Funds and the MFS Meridian Funds.

          MFS Institutional Advisors (Australia) Ltd. ("MFSI-Australia"),  a
private limited company organized under the Corporations Law of New South Wales,
Australia  whose  current  address  is Level 27,  Australia  Square,  264 George
Street,  Sydney,  NSW2000,   Australia,  is  involved  primarily  in  investment
management and distribution of Australian superannuation unit trusts and acts as
an investment adviser to institutional accounts.

          MFS Holdings Australia Pty Ltd. ("MFS Holdings Australia"),  a
private limited company organized  pursuant to the Corporations Law of New South
Wales, Australia whose current address is Level 27, Australia Square, 264 George
Street, Sydney, NSW2000 Australia, and whose function is to serve primarily as a
holding company.

          MFS Fund Distributors, Inc. ("MFD"), a wholly owned subsidiary of MFS,
serves as distributor for the MFS Funds, MVI and MFSIT.

          MFS Service Center,  Inc. ("MFSC"),  a wholly owned subsidiary of MFS,
serves as  shareholder  servicing  agent to the MFS  Funds,  the MFS  Closed-End
Funds, MFSIT and MVI.

          MFS Institutional  Advisors,  Inc. ("MFSI"), a wholly owned subsidiary
of MFS, provides investment advice to substantial private clients.

          MFS Retirement  Services,  Inc. ("RSI"),  a wholly owned subsidiary of
MFS,  markets MFS products to retirement plans and provides  administrative  and
record keeping services for retirement plans.

          Massachusetts  Investment  Management  Co., Ltd.  ("MIMCO"),  a wholly
owned subsidiary of MFS, is a corporation  incorporated in Japan.  MIMCO,  whose
address is Kamiyacho-Mori  Building, 3-20, Tranomon 4-chome,  Minato-ku,  Tokyo,
Japan, is involved in investment management activities.

          MFS Heritage  Trust Company ("MFS Trust"),  a New  Hampshire-chartered
limited-purpose  trust company whose  current  address is 650 Elm Street,  Suite
404,  Manchester,  NH 03101,  provides  directed  trustee services to retirement
plans.

<PAGE>

          United Funds Management LTD. ("UFM"),  an Australian Company organized
under the Corporations  Law of New South Wales,  Australia whose current address
is Level 27,  Australia  Square  264-278,  George St.,  Sydney,  NSW2000,  is an
investment manager and distributor of Australian superannuation unit trusts.

          MFS

          The Directors of MFS are Jeffrey L. Shames,  Arnold D. Scott,  John W.
Ballen,  Kevin R. Parke, Thomas J. Cashman,  Jr., Joseph W. Dello Russo, William
W. Scott,  Donald A. Stewart and John D. McNeil.  Mr. Shames is the Chairman and
Chief Executive Officer,  Mr. Ballen is President and Chief Investment  Officer,
Mr. Arnold Scott is a Senior Executive Vice President and Secretary, Mr. William
Scott, Mr. Cashman,  Mr. Dello Russo and Mr. Parke are Executive Vice Presidents
(Mr.  Joseph  W.  Dello  Russo  is  also  Chief  Financial   Officer  and  Chief
Administrative  Officer),  (Mr. Parke is also Chief Equity Officer),  Stephen E.
Cavan is a Senior Vice President,  General  Counsel and an Assistant  Secretary,
Robert T. Burns is a Senior Vice  President,  Associate  General  Counsel and an
Assistant  Secretary  of MFS,  and Thomas B.  Hastings is a Vice  President  and
Treasurer of MFS.

          Massachusetts Investors Trust
          Massachusetts Investors Growth Stock Fund
          MFS Growth Opportunities Fund
          MFS Government Securities Fund
          MFS Series Trust I
          MFS Series Trust V
          MFS Series Trust VI
          MFS Series Trust X
          MFS Government Limited Maturity Fund

          Stephen E. Cavan is the Secretary,  W. Thomas London is the Treasurer,
James O. Yost,  Ellen M. Moynihan and Mark E. Bradley,  Vice  Presidents of MFS,
are the Assistant Treasurers, James R. Bordewick, Jr., Senior Vice President and
Associate General Counsel of MFS, is the Assistant Secretary.

          MFS Series Trust II

          Leslie J. Nanberg,  Senior Vice President of MFS, is a Vice President,
Stephen E. Cavan is the Secretary,  W. Thomas London is the Treasurer,  James O.
Yost,  Ellen M. Moynihan and Mark E. Bradley are the Assistant  Treasurers,  and
James R. Bordewick, Jr. is the Assistant Secretary.

<PAGE>

          MFS Government Markets Income Trust
          MFS Intermediate Income Trust

          Leslie J. Nanberg,  Senior Vice President of MFS, is a Vice President,
Stephen E. Cavan is the Secretary,  W. Thomas London is the Treasurer,  James O.
Yost,  Ellen M. Moynihan and Mark E. Bradley are the Assistant  Treasurers,  and
James R. Bordewick, Jr. is the Assistant Secretary.

          MFS Series Trust III

          James T.  Swanson,  Robert J. Manning and Joan S.  Batchelder,  Senior
Vice Presidents of MFS, and Bernard Scozzafava,  Vice President of MFS, are Vice
Presidents,  Stephen  E.  Cavan  is  the  Secretary,  W.  Thomas  London  is the
Treasurer,  James  O.  Yost,  Ellen M.  Moynihan  and  Mark E.  Bradley  are the
Assistant Treasurers, and James R. Bordewick, Jr. is the Assistant Secretary.

          MFS Series Trust IV
          MFS Series Trust IX

          Robert A. Dennis and Geoffrey L. Kurinsky,  Senior Vice  Presidents of
MFS, are Vice Presidents, Stephen E. Cavan is the Secretary, W. Thomas London is
the  Treasurer,  James O. Yost,  Ellen M.  Moynihan  and Mark E. Bradley are the
Assistant Treasurers and James R. Bordewick, Jr. is the Assistant Secretary.

          MFS Series Trust VII

          Leslie J. Nanberg and Stephen C.  Bryant,  Senior Vice  Presidents  of
MFS, are Vice Presidents, Stephen E. Cavan is the Secretary, W. Thomas London is
the  Treasurer,  James O. Yost,  Ellen M.  Moynihan  and Mark E. Bradley are the
Assistant Treasurers and James R. Bordewick, Jr. is the Assistant Secretary.

          MFS Series Trust VIII

          Jeffrey L. Shames,  Leslie J. Nanberg and James T. Swanson and John D.
Laupheimer, Jr., a Senior Vice President of MFS, are Vice Presidents, Stephen E.
Cavan is the Secretary, W. Thomas London is the Treasurer,  James O. Yost, Ellen
M.  Moynihan  and Mark E.  Bradley  are the  Assistant  Treasurers  and James R.
Bordewick, Jr. is the Assistant Secretary.

          MFS Municipal Series Trust

          Robert A.  Dennis  is Vice  President,  Geoffrey  L.  Schechter,  Vice
President  of MFS,  is Vice  President,  Stephen E. Cavan is the  Secretary,  W.
Thomas  London is the

<PAGE>


Treasurer,  James  O.  Yost,  Ellen M.  Moynihan  and  Mark E.  Bradley  are the
Assistant Treasurers and James R. Bordewick, Jr. is the Assistant Secretary.

          MFS Variable Insurance Trust
          MFS Series Trust XI
          MFS Institutional Trust

          Jeffrey L. Shames is the President  and Chairman,  Stephen E. Cavan is
the  Secretary,  W.  Thomas  London is the  Treasurer,  James O. Yost,  Ellen M.
Moynihan  and  Mark E.  Bradley  are  the  Assistant  Treasurers  and  James  R.
Bordewick, Jr. is the Assistant Secretary.

          MFS Municipal Income Trust

          Robert  J.  Manning  is  Vice  President,  Stephen  E.  Cavan  is  the
Secretary,  W. Thomas London is the Treasurer,  James O. Yost, Ellen M. Moynihan
and Mark E. Bradley are the Assistant Treasurers and James R. Bordewick,  Jr. is
the Assistant Secretary.

          MFS Multimarket Income Trust
          MFS Charter Income Trust

          Leslie J. Nanberg and James T. Swanson are Vice Presidents, Stephen E.
Cavan is the Secretary, W. Thomas London is the Treasurer,  James O. Yost, Ellen
M.  Moynihan  and Mark E.  Bradley  are the  Assistant  Treasurers  and James R.
Bordewick, Jr. is the Assistant Secretary.

          MFS Special Value Trust

          Robert  J.  Manning  is  Vice  President,  Stephen  E.  Cavan  is  the
Secretary,  W. Thomas London is the Treasurer,  James O. Yost, Ellen M. Moynihan
and Mark E. Bradley are the Assistant Treasurers and James R. Bordewick,  Jr. is
the Assistant Secretary.

          MFS/Sun Life Series Trust

          John D. McNeil, Chairman and Director of Sun Life Assurance Company of
Canada, is the Chairman,  Stephen E. Cavan is the Secretary, W. Thomas London is
the  Treasurer,  James O. Yost,  Ellen M.  Moynihan  and Mark E. Bradley are the
Assistant Treasurers and James R. Bordewick, Jr. is the Assistant Secretary.

<PAGE>


          Money Market Variable Account
          High Yield Variable Account
          Capital Appreciation Variable Account
          Government Securities Variable Account
          Total Return Variable Account
          World Governments Variable Account
          Managed Sectors Variable Account

          John D. McNeil is the Chairman, Stephen E. Cavan is the Secretary, and
James R. Bordewick, Jr. is the Assistant Secretary.

          MIL Funds

          Richard B. Bailey,  John A.  Brindle,  Richard W. S. Baker,  Arnold D.
Scott,  Jeffrey L. Shames and William F. Waters are Directors,  Stephen E. Cavan
is the  Secretary,  W. Thomas London is the Treasurer,  James O. Yost,  Ellen M.
Moynihan  and  Mark E.  Bradley  are  the  Assistant  Treasurers  and  James  R.
Bordewick, Jr. is the Assistant Secretary.

          MFS Meridian Funds

          Richard B. Bailey,  John A.  Brindle,  Richard W. S. Baker,  Arnold D.
Scott,  Jeffrey L. Shames and William F. Waters are Directors,  Stephen E. Cavan
is the Secretary, W. Thomas London is the Treasurer,  James R. Bordewick, Jr. is
the Assistant Secretary and James O. Yost, Ellen M. Moynihan and Mark E. Bradley
are the Assistant Treasurers.

          Vertex

          Jeffrey L.  Shames and Arnold D. Scott are the  Directors,  Jeffrey L.
Shames is the  President,  Kevin R. Parke and John W. Ballen are Executive  Vice
Presidents,  John D. Laupheimer is a Senior Vice President,  Brian E. Stack is a
Vice  President,  Joseph W. Dello Russo is the Treasurer,  Thomas B. Hastings is
the Assistant  Treasurer,  Stephen E. Cavan is the Secretary and Robert T. Burns
is the Assistant Secretary.

          MIL

          Peter D. Laird is President and a Director,  Arnold D. Scott,  Jeffrey
L.  Shames  and Thomas J.  Cashman,  Jr.  are  Directors,  Stephen E. Cavan is a
Director,  Senior Vice President and the Clerk,  Robert T. Burns is an Assistant
Clerk,  Joseph W. Dello Russo,  Executive  Vice  President  and Chief  Financial
Officer  of MFS,  is the  Treasurer  and  Thomas B.  Hastings  is the  Assistant
Treasurer.

<PAGE>

          MIL-UK

          Peter D. Laird is President and a Director,  Thomas J. Cashman, Arnold
D. Scott and Jeffrey L. Shames are Directors, Stephen E. Cavan is a Director and
the Secretary, Joseph W. Dello Russo is the Treasurer, Thomas B. Hastings is the
Assistant Treasurer and Robert T. Burns is the Assistant Secretary.

          MFSI - Australia

          Thomas J. Cashman, Jr. is President and a Director,  Graham E. Lenzer,
John  A.  Gee and  David  Adiseshan  are  Directors,  Stephen  E.  Cavan  is the
Secretary,  Joseph W. Dello Russo is the  Treasurer,  Thomas B.  Hastings is the
Assistant Treasurer, and Robert T. Burns is the Assistant Secretary.

          MFS Holdings - Australia

          Jeffrey L. Shames is the  President  and a Director,  Arnold D. Scott,
Thomas J. Cashman, Jr., and Graham E. Lenzer are Directors,  Stephen E. Cavan is
the Secretary, Joseph W. Dello Russo is the Treasurer, Thomas B. Hastings is the
Assistant Treasurer, and Robert T. Burns is the Assistant Secretary.

          MFD

          Arnold D. Scott and Jeffrey L. Shames are Directors, William W. Scott,
Jr., an Executive Vice  President of MFS, is the President,  Stephen E. Cavan is
the Secretary, Robert T. Burns is the Assistant Secretary, Joseph W. Dello Russo
is the Treasurer, and Thomas B. Hastings is the Assistant Treasurer.

          MFSC

          Arnold  D.  Scott and  Jeffrey  L.  Shames  are  Directors,  Joseph A.
Recomendes,  a Senior Vice  President and Chief  Information  Officer of MFS, is
Vice  Chairman and a Director,  Janet A.  Clifford is the  President,  Joseph W.
Dello Russo is the  Treasurer,  Thomas B. Hastings is the  Assistant  Treasurer,
Stephen  E.  Cavan is the  Secretary,  and  Robert  T.  Burns  is the  Assistant
Secretary.

          MFSI

          Thomas J. Cashman, Jr. is Chairman and a Director,  Jeffrey L. Shames,
and Arnold D. Scott are  Directors,  Joseph J.  Trainor is the  President  and a
Director,  Leslie J. Nanberg is a Senior Vice President, a Managing Director and
a  Director,  Kevin R.  Parke is the  Executive  Vice  President  and a Managing
Director,  George  F.  Bennett,  Jr.,  John A.  Gee,  Brianne  Grady,  Joseph A.
Kosciuszek  and  Joseph J.  Trainor  are Senior  Vice

<PAGE>


Presidents  and  Managing  Directors,  Joseph W. Dello  Russo is the  Treasurer,
Thomas B.  Hastings  is the  Assistant  Treasurer  and  Robert  T.  Burns is the
Secretary.

          RSI

          Arnold D. Scott is the Chairman and a Director,  Martin E. Beaulieu is
the President, William W. Scott, Jr. is a Director, Joseph W. Dello Russo is the
Treasurer,  Thomas B. Hastings is the Assistant  Treasurer,  Stephen E. Cavan is
the Secretary and Robert T. Burns is the Assistant Secretary.

          MIMCO

          Jeffrey L.  Shames,  Arnold D. Scott and Mamoru  Ogata are  Directors,
Shaun  Moran  is the  Representative  Director,  Joseph  W.  Dello  Russo is the
Statutory Auditor, Robert DiBella is the President and Thomas B. Hastings is the
Assistant Statutory Auditor.

          MFS Trust

          The Directors of MFS Trust are Martin E.  Beaulieu,  Stephen E. Cavan,
Janet A. Clifford, Joseph W. Dello Russo and Joseph A. Kosciuszek.  Mr. Cavan is
President,  Mr.  Dello Russo is  Treasurer,  and Robert T. Burns is Clerk of MFS
Trust.

          UFM

          The  Directors of UFM are Thomas J.  Cashman,  Jr. and Susan  Gosling.
Graham Lenzner is the Chairman and Thomas J. Murray is Chief Financial  Officer,
Treasurer and Secretary.

          In addition, the following persons, Directors or officers of MFS, have
the affiliations indicated:

          Donald A. Stewart                  President and a Director, Sun Life
                                             Assurance Company of Canada, Sun
                                             Life Centre, 150 King Street West,
                                             Toronto, Ontario, Canada (Mr.
                                             Stewart is also an officer and/or
                                             Director of various  subsidiaries
                                             and affiliates of Sun Life)

          John D. McNeil                     Chairman, Sun Life Assurance
                                             Company of Canada, Sun Life Centre,
                                             150 King Street West, Toronto,
                                             Ontario, Canada (Mr. McNeil

<PAGE>

                                             is also an officer and/or Director
                                             of various subsidiaries and
                                             affiliates of Sun Life)

          Joseph W. Dello Russo              Director of Mutual Fund Operations,
                                             The Boston Company, Exchange Place,
                                             Boston, Massachusetts (until
                                             August, 1994)


Item 27.  Distributors

          None

Item 28.  Location of Accounts and Records

          The accounts and records of the Registrant are located, in whole or in
part, at the office of the Registrant and the following locations:

                      NAME                                    ADDRESS

          Massachusetts Financial Services             500 Boylston Street
           Company (investment adviser)                Boston, MA  02116


          MFS Service Center, Inc.                     2 Avenue de Lafayette
                                                       Boston, MA  02111


          State Street Bank and Trust Company          State Street South
                                                       5-North
                                                       North Quincy, MA 02171

          Sun Life Assurance Company of Canada         One Copley Place
           Retirement Products and Services            Suite 200
                                                       Boston, MA  02116

Item 29.  Management Services

          Not applicable.

Item 30.  Undertakings

          Not applicable.
<PAGE>

                                   SIGNATURES


      Pursuant  to the  requirements  of the  Securities  Act of  1933  and  the
Investment   Company  Act  of  1940,   the   Registrant  has  duly  caused  this
Post-Effective  Amendment  to the  Registration  Statement  to be  signed on its
behalf by the undersigned,  thereto duly  authorized,  in the City of Boston and
The Commonwealth of Massachusetts on the 11th day of August, 1999.

                                        MFS/SUN LIFE SERIES TRUST


                                        By:      JAMES R. BORDEWICK, JR.
                                        Name:    James R. Bordewick, Jr.
                                        Title:   Assistant Secretary


      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Post-Effective  Amendment to its Registration Statement has been signed below by
the following persons in the capacities indicated on August 11, 1999.


             SIGNATURE                                                TITLE


JOHN D. MCNEIL*                         Chairman, Principal Executive
John D. McNeil                            Officer and Trustee


W. THOMAS LONDON*                       Treasurer (Principal Financial Officer
W. Thomas London                          and Principal Accounting Officer)


SAMUEL ADAMS*                           Trustee
Samuel Adams


GEOFFREY CROFTS*                        Trustee
Geoffrey Crofts


GARTH MARSTON*                          Trustee
Garth Marston




<PAGE>


DAVID D. HORN*                          Trustee
David D. Horn


DERWYN F. PHILLIPS*                     Trustee
Derwyn F. Phillips

                                        *By:      JAMES R. BORDEWICK, JR.
                                        Name:     James R. Bordewick, Jr.
                                                    as Attorney-in-fact

                                        Executed by James R. Bordewick, Jr. on
                                        behalf of those indicated pursuant to a
                                        Power of Attorney filed via EDGAR with
                                        Post-Effective Amendment No. 22 to the
                                        Registrant's Registration Statement on
                                        April 29, 1998.




<PAGE>


                                INDEX TO EXHIBITS


EXHIBIT NO.            DESCRIPTION OF EXHIBIT                      PAGE NO.

  1 (b)             Amendment to the Declaration of Trust, to
                      change the name of certain series,
                      dated April 29, 1999.

    (c)             Form of Amendment to the Declaration of
                      Trust establishing the new series.

  4 (bb)            Form of Investment Advisory Agreement
                      between Registrant, on behalf of
                      the Strategic Growth Series, and
                      Massachusetts Financial Services
                      Company.

  9 (b)             Consent of Counsel, dated August 11, 1999.


<PAGE>
                                                            EXHIBIT NO. 99.1(b)


                            MFS/SUN LIFE SERIES TRUST

                      AMENDMENT to the DECLARATION OF TRUST

                           CERTIFICATION OF AMENDMENT
                           TO THE DECLARATION OF TRUST

                             REDESIGNATION OF SERIES


         The  undersigned,  being a majority  of the  Trustees  of MFS/Sun  Life
Series Trust (the  "Trust"),  a business trust  organized  under the laws of The
Commonwealth of Massachusetts pursuant to an Amended and Restated Declaration of
Trust dated December 29, 1997, as amended (the  "Declaration"),  acting pursuant
to Section 6.9 of the Declaration,  do hereby  redesignate an existing series of
Shares (as defined in the Declaration) as follows:

         1.   The series  designated  as  Conservative  Growth  Series shall be
              redesignated as Massachusetts Investors Trust Series;

         2.   The series  designated as World Asset Allocation  Series shall be
              redesignated as Global Asset Allocation Series;

         3.   The  series  designated  as  World  Governments  Series  shall be
              redesignated as Global Governments Series;

         4.   The  series   designated   as  World   Growth   Series  shall  be
              redesignated as Global Growth Series; and

         5.   The series  designated  as World  Total  Return  Series  shall be
              redesignated as Global Total Return Series.

<PAGE>

         Pursuant to Section 6.9(h) of the  Declaration,  this  redesignation of
series of Shares  shall be  effective  upon the  execution  of a majority of the
Trustees of the Trust.

         IN  WITNESS  WHEREOF,  a  majority  of the  Trustees  of the Trust have
executed this establishment and designation,  in one or more  counterparts,  all
constituting  a  single   instrument,   as  an  instrument  under  seal  in  The
Commonwealth of Massachusetts, as of this 29th day of April, 1999.



SAMUEL ADAMS                                 J. KERMIT BIRCHFIELD
Samuel Adams                                 J. Kermit Birchfield
11 University Lane                           33 Way Road
Manchester, MA  01944                        Gloucester, MA  01930



WILLIAM R. GUTOW                             DAVID D. HORN
William R. Gutow                             David D. Horn
3 Rue Dulac                                  Strong Road
Dallas, TX  75230                            New Vineyard, ME  04956


GARTH MARSTON                                JOHN D. MCNEIL
Garth Marston                                John D. McNeil
90 Beacon Street                             10 McKenzie Avenue
Boston, MA  02108                            Toronto, Ontario
                                             Canada  M4W 1J9


DERWYN F. PHILLIPS
Derwyn F. Phillips
1250 West Southwinds Blvd.
Vero Beach, FL  32963
<PAGE>

<PAGE>
                                                            EXHIBIT NO. 99.1(c)


                            MFS/SUN LIFE SERIES TRUST

                                     FORM OF

                           CERTIFICATION OF AMENDMENT
                           TO THE DECLARATION OF TRUST

                          ESTABLISHMENT AND DESIGNATION
                                    OF SERIES


         Pursuant  to Section 6.9 of the Amended  and  Restated  Declaration  of
Trust dated  December 29, 1997, as amended (the  "Declaration")  of MFS/Sun Life
Series Trust, a business Trust organized  under the laws of The  Commonwealth of
Massachusetts  (the "Trust"),  the  undersigned  Trustees of the Trust,  being a
majority of the  Trustees of the Trust,  hereby  establish  and  designate a new
series  of Shares  (as  defined  in the  Declaration),  such  series to have the
following special and relative rights:

          1.   The new series shall be designated:

                  - Strategic Growth Series

          2.   The series  shall be  authorized  to invest in cash,  securities,
               instruments  and other property as from time to time described in
               the Trust's then currently effective registration statement under
               the Securities Act of 1933, as amended,  to the extent pertaining
               to the  offering  of Shares  of such  series.  Each  Share of the
               series  shall be  redeemable,  shall be  entitled  to one vote or
               fraction  thereof in respect of a fractional  share on matters on
               which  Shares of the  series  shall be  entitled  to vote,  shall
               represent a pro rata beneficial  interest in the assets allocated
               or belonging to the series,  and shall be entitled to receive its
               pro rata share of the net assets of the series  upon  liquidation
               of the series, all as provided in Section 6.9 of the Declaration.

          3.   Shareholders  of the series shall vote separately as a class from
               shareholders  of each  other  series on any  matter to the extent
               required  by,  and any  matter  shall  be  deemed  to  have  been
               effectively  acted upon with respect to the series as provided in
               Rule 18f-2, as from time to time in effect,  under the Investment
               Company
<PAGE>

               Act of  1940,  as  amended,  or any  successor  rule,  and by the
               Declaration.

          4.   The assets and  liabilities of the Trust shall be allocated among
               the previously  established  and existing series of the Trust and
               such new series as set forth in Section 6.9 of the Declaration.

          5.   Subject to the  provisions  of Section  6.9 and Article IX of the
               Declaration,  the Trustees  (including  any  successor  Trustees)
               shall  have  the  right  at any  time  and  from  time to time to
               reallocate  assets and expenses or to change the  designation  of
               any series now or hereafter  created,  or to otherwise change the
               special  and  relative  rights  of  any  such  establishment  and
               designation of series of Shares.

         Pursuant  to Section 6.9 of the  Declaration,  this  establishment  and
designation  of series of Shares  shall be  effective  upon the  execution  by a
majority of the Trustees of the Trust.
<PAGE>



         IN  WITNESS  WHEREOF,  a  majority  of the  Trustees  of the Trust have
executed this amendment, in one or more counterparts,  all constituting a single
instrument, as an instrument under seal in The Commonwealth of Massachusetts, as
of this  ______ day of  ___________________,  1999 and further  certify,  as
provided  by the  provisions  of Section  9.3(d) of The  Declaration,  that this
amendment  was duly adopted by the  undersigned  in  accordance  with the second
sentence of Section 9.3(a) of the Declaration.




- ----------------------                       ---------------------
Samuel Adams                                 Garth Marston
23 University Lane                           90 Beacon Street
Manchester, MA  01944                        Boston, MA  02108



- ----------------------                       ---------------------
J. Kermit Birchfield                         John D. McNeil
33 Way Road                                  10 McKenzie Avenue
Gloucester, MA  01930                        Toronto, Ontario
                                             Canada M4W 1J9



- -----------------------                      ---------------------
William R. Gutow                             Derwyn F. Phillips
3 Rue Dulac                                  22 Cliff Street
Dallas, TX  75230                            Marblehead, MA  01945




- -----------------------
David D. Horn
Strong Road
New Vineyard, ME  04956


<PAGE>



<PAGE>

                                                           EXHIBIT NO. 99.4(bb)


                                     FORM OF


                          INVESTMENT ADVISORY AGREEMENT




     INVESTMENT ADVISORY AGREEMENT, dated this 1st day of November, 1999, by and
between MFS/SUN LIFE SERIES TRUST, a Massachusetts business trust (the "Trust"),
on behalf of STRATEGIC  GROWTH SERIES,  a series of the Trust (the "Fund"),  and
MASSACHUSETTS   FINANCIAL   SERVICES  COMPANY,   a  Delaware   corporation  (the
"Adviser").

                                   WITNESSETH:

     WHEREAS, the Trust is engaged in business as an open-end investment company
registered under the Investment Company Act of 1940; and

     WHEREAS, the Adviser is willing to provide business services to the Fund on
the terms and conditions hereinafter set forth;

     NOW, THEREFORE,  in consideration of the mutual covenants and agreements of
the  parties  hereto as herein  set forth,  the  parties  covenant  and agree as
follows:

     Article 1. Duties of the Adviser.  The Adviser  shall provide the Fund with
such  investment  advice  and  supervision  as the  latter may from time to time
consider  necessary for the proper  supervision of its funds.  The Adviser shall
act as Adviser to the Fund and as such shall furnish  continuously an investment
program  and  shall  determine  from  time  to time  what  securities  shall  be
purchased, sold or exchanged and what portion of the assets of the Fund shall be
held  uninvested,  subject always to the restrictions of the Trust's Amended and
Restated  Declaration of Trust,  dated  December 29, 1997, and By-Laws,  each as
amended from time to time  (respectively,  the "Declaration" and the "By-Laws"),
to  the  provisions  of the  Investment  Company  Act of  1940  and  the  Rules,
Regulations and orders thereunder and to the Fund's then-current  Prospectus and
Statement of Additional Information. The Adviser shall also make recommendations
as to the manner in which voting rights,  rights to consent to corporate  action
and any other rights  pertaining  to the Fund's  portfolio  securities  shall be
exercised.  Should  the  Trustees  at  any  time,  however,  make  any  definite
determination  as to the  investment  policy and notify the  Adviser  thereof in
writing,  the Adviser shall be bound by such  determination  for the period,  if
any,   specified  in  such  notice  or  until   similarly   notified  that  such
determination  shall be revoked.  The

                                        1
<PAGE>

Adviser shall take, on behalf of the Fund, all actions which it deems  necessary
to implement  the  investment  policies  determined  as provided  above,  and in
particular to place all orders for the purchase or sale of portfolio  securities
for the Fund's account with brokers or dealers  selected by it, and to that end,
the Adviser is authorized as the agent of the Fund to give  instructions  to the
Custodian of the Fund as to the  deliveries of  securities  and payments of cash
for the account of the Fund. In connection with the selection of such brokers or
dealers and the placing of such orders,  the Adviser is directed to seek for the
Fund execution at the most  reasonable  price by responsible  brokerage firms at
reasonably  competitive  commission rates. In fulfilling this  requirement,  the
Adviser  shall not be deemed to have acted  unlawfully  or to have  breached any
duty,  created by this  Agreement or  otherwise,  solely by reason of its having
caused the Fund to pay a broker or dealer an amount of commission  for effecting
a securities transaction in excess of the amount of commission another broker or
dealer  would have  charged  for  effecting  that  transaction,  if the  Adviser
determined  in good faith  that such  amount of  commission  was  reasonable  in
relation to the value of the  brokerage and research  services  provided by such
broker or dealer,  viewed in terms of either that particular  transaction or the
Adviser's overall responsibilities with respect to the Fund and to other clients
of the Adviser as to which the Adviser exercises investment discretion.

The Adviser may from time to time enter into sub-investment  advisory agreements
with one or more  investment  advisers  with such  terms and  conditions  as the
Adviser may determine,  provided that such  sub-investment  advisory  agreements
have been approved in accordance  with  applicable  provisions of the Investment
Company Act of 1940.  Subject to the  provisions of Article 6, the Adviser shall
not be liable for any error of judgment or mistake of law by any  sub-adviser or
for any loss arising out of any  investment  made by any  sub-adviser or for any
act or omission in the execution and management of the Fund by any sub-adviser.

     Article 2. Allocation of Charges and Expenses. The Adviser shall furnish at
its own expense investment advisory and administrative  services,  office space,
equipment and clerical personnel  necessary for servicing the investments of the
Fund and maintaining its  organization  and investment  advisory  facilities and
executive and  supervisory  personnel for managing the investments and effecting
the portfolio transactions of the Fund. The Adviser shall arrange, if desired by
the Trust,  for  Directors,  officers  and  employees of the Adviser to serve as
Trustees,  officers or agents of the Trust if duly  elected or appointed to such
positions and subject to their individual consent and to any limitations imposed
by law.  It is  understood  that  the  Fund  will  pay  all of its own  expenses
including,  without  limitation,  compensation of Trustees "not affiliated" with
the Adviser;  governmental fees; interest charges; taxes; membership dues in the
Investment  Company  Institute  allocable  to the  Fund;  fees and  expenses  of
independent auditors, of legal counsel, and of any transfer agent,  registrar or
dividend  disbursing  agent of the Fund;  expenses of repurchasing and

                                        2
<PAGE>

redeeming  shares and  servicing  shareholder  accounts;  expenses of preparing,
printing and mailing stock certificates,  shareholder  reports,  notices,  proxy
statements and reports to governmental  officers and commissions;  brokerage and
other  expenses  connected  with the  execution,  recording  and  settlement  of
portfolio security  transactions;  insurance premiums;  fees and expenses of the
custodian  for all  services  to the Fund,  including  safekeeping  of funds and
securities and maintaining required books and accounts;  expenses of calculating
the net asset value of shares of the Fund;  expenses of shareholders'  meetings;
and expenses relating to the issuance,  registration and qualification of shares
of the Fund and the  preparation,  printing and mailing of prospectuses for such
purposes  (except to the extent  that any  Distribution  Agreement  to which the
Trust  is a party  provides  that  another  party  is to pay some or all of such
expenses).

     Article 3. Compensation of the Adviser. For the services to be rendered and
the  facilities  provided,  the Fund  shall  pay to the  Adviser  an  investment
advisory  fee  computed  and paid  annually  at a rate equal 0.75% of the Fund's
average daily net assets.  If the Adviser shall serve for less than the whole of
any period  specified in this Article 3, the compensation to the Adviser will be
prorated.

     Article 4. Special Services.  Should the Trust have occasion to request the
Adviser to perform services not herein contemplated or to request the Adviser to
arrange for the services of others, the Adviser will act for the Trust on behalf
of the Fund upon request to the best of its ability,  with  compensation for the
Adviser's  services to be agreed upon with  respect to each such  occasion as it
arises.

     Article 5.  Covenants of the Adviser.  The Adviser  agrees that it will not
deal with itself, or with the Trustees of the Trust or the Trust's  distributor,
if any,  as  principals  in making  purchases  or sales of  securities  or other
property  for the account of the Fund,  except as  permitted  by the  Investment
Company Act of 1940 and the Rules,  Regulations or orders  thereunder,  will not
take a long or short  position in the shares of the Fund except as  permitted by
the  Declaration,  and will comply with all other  provisions of the Declaration
and the By-Laws and the  then-current  Prospectus  and  Statement of  Additional
Information of the Fund relative to the Adviser and its Directors and officers.

     Article 6. Limitation of Liability of the Adviser. The Adviser shall not be
liable for any error of judgment  or mistake of law or for any loss  arising out
of any  investment or for any act or omission in the execution and management of
the Fund, except for willful  misfeasance,  bad faith or gross negligence in the
performance of its duties and obligations hereunder.  As used in this Article 6,
the term  "Adviser"  shall  include  Directors,  officers  and  employees of the
Adviser as well as that corporation itself.

                                        3
<PAGE>

     Article 7.  Activities  of the Adviser.  The services of the Adviser to the
Fund are not deemed to be exclusive, the Adviser being free to render investment
advisory  and/or  other  services to others.  The Adviser may permit  other fund
clients to use the initials  "MFS" in their  names.  The Fund agrees that if the
Adviser  shall for any reason no longer  serve as the  Adviser to the Fund,  the
Fund will change its name so as to delete the initials  "MFS." It is  understood
that the  Trustees,  officers  and  shareholders  of the  Trust are or may be or
become  interested  in  the  Adviser,  as  Directors,  officers,  employees,  or
otherwise and that  Directors,  officers and employees of the Adviser are or may
become similarly  interested in the Trust, and that the Adviser may be or become
interested in the Fund as a shareholder or otherwise.

     Article 8.  Duration,  Termination  and Amendment of this  Agreement.  This
Agreement  shall  become  effective  on the date first  above  written and shall
govern the relations between the parties hereto thereafter,  and shall remain in
force  until  November  1,  2001 on  which  date it will  terminate  unless  its
continuance after November 1, 2001 is "specifically  approved at least annually"
(i) by the  vote  of a  majority  of the  Trustees  of the  Trust  who  are  not
"interested  persons" of the Trust or of the  Adviser at a meeting  specifically
called  for the  purpose  of voting on such  approval,  and (ii) by the Board of
Trustees  of the Trust,  or by "vote of a  majority  of the  outstanding  voting
securities" of the Fund.

     This  Agreement  may be  terminated  at any time without the payment of any
penalty by the  Trustees  or by "vote of a majority  of the  outstanding  voting
securities" of the Fund, or by the Adviser,  in each case on not more than sixty
days' nor less than  thirty  days'  written  notice  to the  other  party.  This
Agreement shall automatically terminate in the event of its "assignment".

     This  Agreement may be amended only if such  amendment is approved by "vote
of a majority of the outstanding voting securities" of the Fund.

     Article 9. Scope of Trust's Obligations.  A copy of the Trust's Declaration
of  Trust  is on file  with  the  Secretary  of  State  of The  Commonwealth  of
Massachusetts.  The Adviser  acknowledges that the obligations of or arising out
of this  Agreement are not binding upon any of the Trust's  trustees,  officers,
employees, agents or shareholders individually,  but are binding solely upon the
assets and property of the Trust.  If this Agreement is executed by the Trust on
behalf of one or more series of the Trust, the Adviser further acknowledges that
the assets and liabilities of each series of the Trust are separate and distinct
and that the  obligations of or arising out of this Agreement are binding solely
upon the assets or property of the series on whose behalf the Trust has executed
this Agreement.

     Article  10.  Definitions.   The  terms  "specifically  approved  at  least
annually,"  "vote  of  a  majority  of  the  outstanding   voting   securities,"
"assignment,"  "affiliated

                                        4
<PAGE>

person," and "interested  person," when used in this  Agreement,  shall have the
respective  meanings  specified,  and shall be construed in a manner  consistent
with,  the  Investment  Company  Act of  1940  and  the  Rules  and  Regulations
promulgated thereunder,  subject,  however, to such exemptions as may be granted
by the Securities and Exchange Commission under said Act.

     Article 11. Record  Keeping.  The Adviser will  maintain  records in a form
acceptable to the Trust and in compliance  with the rules and regulations of the
Securities  and  Exchange  Commission,  including  but not  limited  to  records
required to be maintained by Section 31(a) of the Investment Company Act of 1940
and the rules  thereunder,  which at all times will be the property of the Trust
and will be available for inspection and use by the Trust.

     IN WITNESS  WHEREOF,  the parties have caused this Agreement to be executed
and delivered in their names and on their behalf by the  undersigned,  thereunto
duly authorized, all as of the day and year first written above. The undersigned
Trustee  of the Trust has  executed  this  Agreement  not  individually,  but as
Trustee under the Declaration.

                                        MFS/SUN  LIFE  SERIES  TRUST,  on
                                        behalf  of  STRATEGIC GROWTH SERIES,
                                        one of its series




                                        By:____________________________________
                                           John D. McNeil
                                           Chairman and Trustee




                                        MASSACHUSETTS FINANCIAL SERVICES COMPANY


                                        By:____________________________________
                                           Arnold D. Scott
                                           Senior Executive Vice President
<PAGE>

<PAGE>
                                                             EXHIBIT NO. 99.9(b)


                              LEGAL OPINION CONSENT



I consent to the incorporation by reference in this Post-Effective Amendment No.
24  to  the  Registration  Statement  (File  Nos.  2-83616  and  811-3732)  (the
"Registration  Statement")  of MFS/Sun  Life Series Trust (the  "Trust"),  of my
opinion dated April 24, 1998,  appearing in  Post-Effective  Amendment No. 22 to
the Trust's  Registration  Statement,  which was filed with the  Securities  and
Exchange Commission on April 29, 1998.


                                        JAMES R. BORDEWICK, JR.
                                        James R. Bordewick, Jr.
                                        Assistant Secretary

Boston, Massachusetts
August 11, 1999
<PAGE>


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