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MFS(R) STRATEGIC VALUE FUND
Supplement to the Current Statement of Additional Information
During the period from January 2, 2001 through April 30, 2001 (unless
extended by MFS Fund Distributors, Inc. ("MFD")) (the "Sales Period"), MFD will
pay A. G. Edwards & Sons, Inc. 100% of the applicable sales charge on sales of
Class A shares of the fund listed above (the "Fund") sold by A. G. Edwards &
Sons, Inc. to investors purchasing such Fund through MFS Individual Retirement
Accounts (excluding SEP-IRAs, SAR SEPs and SIMPLE IRAs) ("Eligible IRAs") during
the Sales Period. In addition, MFD will pay A. G. Edwards & Sons, Inc. an
additional commission equal to 0.50% of the net asset value of all of the Class
B shares of the Fund sold by A. G. Edwards & Sons, Inc. to investors purchasing
such Fund through Eligible IRAs during the Sales Period.
The date of this Supplement is January 2, 2001.