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EIF Prospectus - Bright Directions

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December 29, 2013<br />

PROSPECT US<br />

MFS ® Value Fund<br />

The investment objective of the fund is to seek capital appreciation.<br />

CLASS<br />

Class A<br />

Class B<br />

Class C<br />

Class I<br />

Class 529A<br />

Class 529B<br />

Class 529C<br />

Class R1<br />

Class R2<br />

Class R3<br />

Class R4<br />

Class R5<br />

TICKER<br />

SYMBOL<br />

MEIAX<br />

MFEBX<br />

MEICX<br />

MEIIX<br />

EAVLX<br />

EBVLX<br />

ECVLX<br />

MEIGX<br />

MVRRX<br />

MEIHX<br />

MEIJX<br />

MEIKX<br />

Table of contents<br />

SUMMARY OF KEY INFORMATION 2<br />

INVESTMENT OBJECTIVE, STRATEGIES, AND RISKS 4<br />

MANAGEMENT OF THE FUND 6<br />

DESCRIPTION OF SHARE CLASSES 7<br />

HOW TO PURCHASE, REDEEM, AND EXCHANGE SHARES 10<br />

OTHER INFORMATION 14<br />

FINANCIAL HIGHLIGHTS 17<br />

The Securities and Exchange Commission has not approved or disapproved the fund’s shares or determined whether this<br />

prospectus is accurate or complete. Anyone who tells you otherwise is committing a crime.<br />

<strong>EIF</strong>-PRO-122913

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