<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) World Growth Fund
MFS(R) Cash Reserve Fund
MFS(R) Bond Fund
MFS(R) World Asset Allocation Fund
MFS(R) Limited Maturity Fund
MFS(R) Core Growth Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Special Opportunities Fund
MFS(R) Government Mortgage Fund
MFS(R) Convertible Securities Fund
MFS(R) International Growth Fund
MFS(R) Blue Chip Fund
MFS(R) International Growth and Income Fund
MFS(R) Science and Technology Fund
MFS/Foreign & Colonial Emerging Markets Equity Fund
MFS(R) New Discovery Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) Research Growth and Income Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) Equity Income Fund
MFS(R) California Municipal Bond Fund
MFS(R) Research International Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Strategic Growth Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R) Emerging Growth Fund
MFS(R) Maryland Municipal Bond Fund
MFS(R) Large Cap Growth Fund
MFS(R) Massachusetts Municipal Bond Fund
MFS(R) Intermediate Income Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) High Income Fund
MFS(R) New York Municipal Bond Fund
MFS(R) Municipal High Income Fund
MFS(R) North Carolina Municipal Bond Fund
MFS(R) Money Market Fund
MFS(R) Pennsylvania Municipal Bond Fund
MFS(R) Government Money Market Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Municipal Bond Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) Total Return Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) Research Fund
MFS(R) Municipal Income Fund
MFS(R) World Total Return Fund
MFS(R) Union Standard Equity Fund
MFS(R) Utilities Fund
MFS(R) Growth Opportunities Fund
MFS(R) World Equity Fund
MFS(R) Government Securities Fund
MFS(R) World Governments Fund
Massachusetts Investors Growth Stock Fund
MFS(R) Value Fund
MFS(R) Government Limited Maturity Fund
MFS(R) Strategic Income Fund
Massachusetts Investors Trust
Supplement to the Current Prospectus
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of Royal Alliance Associates, Inc., up to $15 toward
the ticket charge with respect to purchases of shares of any MFS Fund made
through the GOLD Select Program. MFD will not incur such charge with respect to
redemptions or repurchases of Fund shares, exchanges of Fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is October 1, 1997.
<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Cash Reserve Fund
MFS(R) Government Mortgage Fund
MFS(R) World Asset Allocation Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) New Discovery Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) Research Growth and Income Fund
MFS(R) California Municipal Bond Fund
MFS(R) Equity Income Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Strategic Growth Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R) Research International Fund
MFS(R) Maryland Municipal Bond Fund
MFS(R) Emerging Growth Fund
MFS(R) Massachusetts Municipal Bond Fund
MFS(R) Large Cap Growth Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) Intermediate Income Fund
MFS(R) New York Municipal Bond Fund
MFS(R) High Income Fund
MFS(R) North Carolina Municipal Bond Fund
MFS(R) Municipal High Income Fund
MFS(R) Pennsylvania Municipal Bond Fund
MFS(R) Municipal Bond Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Total Return Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) Research Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) World Total Return Fund
MFS(R) Municipal Income Fund
MFS(R) Utilities Fund
MFS(R) Union Standard Equity Fund
MFS(R) World Equity Fund
MFS(R) Growth Opportunities Fund
MFS(R) World Governments Fund
MFS(R) Government Securities Fund
MFS(R) Value Fund
Massachusetts Investors Growth Stock Fund
MFS(R) Strategic Income Fund
MFS(R) Government Limited Maturity Fund
MFS(R) World Growth Fund
Massachusetts Investors Trust
MFS(R) Bond Fund
MFS(R) International Growth Fund
MFS(R) Limited Maturity Fund
MFS(R) International Growth and Income Fund
MFS(R) Money Market Fund
MFS/Foreign & Colonial Emerging Markets Equity Fund
MFS(R) Government Money Market Fund
SUPPLEMENT TO THE CURRENT PROSPECTUS
This supplement describes certain changes, effective immediately, to each Fund's
Prospectus.
1. DEFINITION OF "DEALER". As used in the Prospectus and any appendices thereto,
the term "dealer" includes any broker, dealer, bank (including bank trust
departments), registered investment adviser, financial planner and any other
financial institutions having a selling agreement or other similar agreement
with MFS Fund Distributors, Inc. ("MFD"). The use of the defined term "dealer"
does not mean or imply that any such financial intermediary necessarily is a
"dealer" for purposes of any federal or state laws, rules or regulations or any
self-regulatory organization's rules.
2. CHANGES TO SALES CHARGE WAIVER CATEGORIES. Appendix A
to the Prospectus, which describes waivers of sales charges,
is amended as follows:
Wrap Account and Fund "Supermarket" Investments. The waiver category
entitled "2. Wrap Account Investments" under "II. Waivers of Class A
Sales Charges" is amended to read in its entirety as follows:
2. Wrap Account and Fund "Supermarket" Investments Shares
acquired by investments through certain dealers (including
registered investment advisers and financial planners)
which have established certain operational arrangements
with MFD which include a requirement that such shares be
sold for the sole benefit of clients participating in a
"wrap" account, mutual fund "supermarket" account or a
similar program under which such clients pay a fee to such
dealer.
<PAGE>
3. RECEIPT OF PURCHASE AND REDEMPTION ORDERS. The Fund has authorized one or
more brokers to receive purchase and redemption orders on behalf of the Fund.
Such brokers are authorized to designate other intermediaries to receive
purchase and redemption orders on behalf of the Fund. The Fund will be deemed to
have received a purchase or redemption order when an authorized broker or, if
applicable, a broker's authorized designee, receives the order. Customer orders
will be priced at the net asset value of the Fund next computed after such
orders are received by an authorized broker or the broker's authorized designee.
The date of this Supplement is March 16, 1998.
<PAGE>
MFS(R) Union Standard(R) Equity Fund
Supplement to the Current Prospectus
This Supplement describes certain changes, effective immediately, to the Fund's
Prospectus.
The initial sales charge on Class A shares will be waived on
shares purchased using redemption proceeds from a separate
institutional account of Connecticut General Life Insurance
Company with respect to which MFS Institutional Advisors, Inc.
acts as investment adviser. No commissions will be payable to any
dealer, bank or other financial intermediary with respect to
shares purchased in this manner.
The date of this Supplement is July 10, 1998.
<PAGE>
MFS(R) Managed Sectors Fund
MFS(R) Limited Maturity Fund
MFS(R) Cash Reserve Fund
MFS(R) Municipal Limited Maturity Fund
MFS(R) Global Asset Allocation Fund
MFS(R) Government Mortgage Fund
MFS(R) New Discovery Fund
MFS(R) International Growth Fund
MFS(R) Research Growth and Income Fund
MFS(R) International Growth and Income Fund
MFS(R) Equity Income Fund
MFS/Foreign & Colonial Emerging Markets Equity Fund
MFS(R) Research International Fund
MFS(R) Alabama Municipal Bond Fund
MFS(R) Strategic Growth Fund
MFS(R) Arkansas Municipal Bond Fund
MFS(R) Emerging Growth Fund
MFS(R) California Municipal Bond Fund
MFS(R) Large Cap Growth Fund
MFS(R) Florida Municipal Bond Fund
MFS(R) Intermediate Income Fund
MFS(R) Georgia Municipal Bond Fund
MFS(R) High Income Fund
MFS(R) Maryland Municipal Bond Fund
MFS(R) Municipal High Income Fund
MFS(R) Massachusetts Municipal Bond Fund
MFS(R) High Yield Opportunities Fund
MFS(R) Mississippi Municipal Bond Fund
MFS(R) Money Market Fund
MFS(R) New York Municipal Bond Fund
MFS(R) Government Money Market Fund
MFS(R) North Carolina Municipal Bond Fund
MFS(R) Municipal Bond Fund
MFS(R) Pennsylvania Municipal Bond Fund
MFS(R) Mid Cap Growth Fund
MFS(R) South Carolina Municipal Bond Fund
MFS(R) Total Return Fund
MFS(R) Tennessee Municipal Bond Fund
MFS(R) Research Fund
MFS(R) Virginia Municipal Bond Fund
MFS(R) Global Total Return Fund
MFS(R) West Virginia Municipal Bond Fund
MFS(R) Utilities Fund
MFS(R) Municipal Income Fund
MFS(R) Global Equity Fund
MFS(R) Growth Opportunities Fund
MFS(R) Global Governments Fund
MFS(R) Government Securities Fund
MFS(R) Capital Opportunities Fund
Massachusetts Investors Growth Stock Fund
MFS(R) Strategic Income Fund
MFS(R) Government Limited Maturity Fund
MFS(R) Global Growth Fund
Massachusetts Investors Trust
MFS(R) Bond Fund
MFS(R) Union Standard Equity Fund
SUPPLEMENT TO THE CURRENT PROSPECTUS
Until terminated by MFS Fund Distributors, Inc. ("MFD"), the Funds' distributor,
MFD will incur, on behalf of H. D. Vest Investment Securities, Inc., the initial
ticket charge of $15 with respect to purchases of shares of any MFS fund made
through VESTADVISOR accounts. MFD will not incur such charge with respect to
redemptions or repurchases of fund shares, exchanges of fund shares, or shares
purchased or redeemed through systematic investment or withdrawal plans.
The date of this Supplement is September 15, 1998.
