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MFS(R) GOLD & NATURAL RESOURCES FUND
Supplement to Prospectus dated April 1, 1997
The Board of Trustees which oversees the MFS Gold & Natural Resources
Fund (the "Fund") decided today to terminate the Fund effective August 1, 1997,
or as soon thereafter as practicable (the "Termination Date"). The Trustees'
decision was based on insufficient investor interest in the Fund, which
prevented it from achieving and maintaining an appropriate size to be operated
on a cost-effective basis. In connection with the termination of the Fund, the
Board of Trustees has suspended the sale of the Fund's shares effective
immediately. Consequently, purchase orders for Fund shares received on or after
June 11, 1997 will be rejected by the Fund, except that retirement plans subject
to the Employee Retirement Income Security Act of 1974, as amended, which plan
and/or sponsoring organization subscribes to the MFS FUNDamental 401(k) Program
or any similar recordkeeping system made available by MFS Service Center, Inc.,
continue to be eligible to purchase Fund Shares through the Termination Date. In
addition, no exchange orders to purchase Fund shares will be accepted on or
after June 11, 1997.
Enclosed is a formal Notice of Termination which is designed to answer
any questions concerning the Fund's termination. As described more fully in this
Notice, until the Termination Date, shareholders may choose to redeem their Fund
shares or exchange their shares for shares of the same class of any of the funds
in the MFS Family of Funds which permits exchanges at such fund's then current
net asset value. If a shareholder chooses to redeem his or her Fund shares, any
applicable CDSC will be waived and any front-end sales charges incurred by the
shareholder on purchases of Fund shares on or after June 10, 1996 will be repaid
to the shareholder. If a shareholder takes no action, his or her shares will
automatically be exchanged on the Termination Date for shares of the same class
of MFS Cash Reserve Fund ("MCF") at MCF's then current net asset value. Whether
a shareholder chooses to exchange his or her Fund shares or his or her shares
are automatically exchanged for shares of MCF, if the MGN shares are subject to
a contingent deferred sales charge (a "CDSC"), the holding period for purposes
of calculating the CDSC will carry over to the acquired shares.
MCF, a member of the MFS Family of Funds, is a money market fund which
seeks to provide as high a level of current income as is considered consistent
with the preservation of capital and liquidity. MCF's prospectus is enclosed
with the Notice of Termination, and the Notice sets forth certain performance
information for MCF and the Fund.
THE DATE OF THIS SUPPLEMENT IS JUNE 11, 1997
