MFS WORLD ASSET ALLOCATION FUND
SUPPLEMENT TO THE CURRENT PROSPECTUS
The cover page of the Prospectus is hereby amended to include the
following legend concerning the Fund's limitation on investments in lower rated
bonds:
THE FUND MAY INVEST UP TO 70% OF ITS ASSETS (AND EXPECTS TO INVEST NOT MORE
THAN 50% OF ITS ASSETS) IN LOWER RATED BONDS, COMMONLY KNOWN AS "JUNK BONDS,"
THAT ENTAIL GREATER RISKS, INCLUDING DEFAULT RISKS, THAN THOSE FOUND IN HIGHER
RATED SECURITIES. THESE BONDS MAY BE ISSUED BY DOMESTIC AND FOREIGN CORPORATE
ISSUERS, AS WELL AS BY FOREIGN GOVERNMENTS AND THEIR POLITICAL SUBDIVISIONS AND
BY ISSUERS OF MUNICIPAL OBLIGATIONS. INVESTORS SHOULD CAREFULLY CONSIDER THESE
RISKS BEFORE INVESTING. SEE "INVESTMENT OBJECTIVE AND POLICIES-EMERGING MARKET
SECURITIES", "INVESTMENT OBJECTIVE AND POLICIES-MUNICIPAL OBLIGATIONS" AND "RISK
FACTORS-LOWER RATED FIXED INCOME SECURITIES."
THE DATE OF THIS SUPPLEMENT IS JUNE 22, 1995.
