Global investment manager MFS has launched the MFS Active Mid Cap ETF (NYSE: MMID), which will invest in both growth and value companies, with the objective of achieving capital appreciation.
The MFS Active Mid Cap ETF is the firm’s sixth active ETF, and with this launch, the asset manager further expands the range of options available to clients, providing access to its proven active investment capabilities through a U.S. mid-cap core equity strategy.
“MMID expands the options for our clients to access the considerable opportunities within the U.S. mid-cap equity market. Our existing strategies in this segment have a well-established track record, supported by our Global Investment Platform, and we are excited to add this new strategy to help investors take advantage of this dynamic area of the U.S. equity market,” said Emily Dupre, National Sales Director at MFS Fund Distributors.
Kevin Schmitz, an experienced small- and mid-cap equity manager with 30 years of investment experience, will be responsible for managing the portfolio, supported by the firm’s Global Investment Platform, which comprises more than 300 investment professionals.
Schmitz joined the firm as an equity analyst in 2002 and assumed portfolio management responsibilities for the U.S. mid-cap value strategy in 2008. He also led the U.S. small-cap value strategy from its inception in 2011 through 2024.
“We are pleased with the early success of our first five active ETFs and excited to maintain that momentum by adding a mid-cap core active ETF to our product lineup. We believe it will be well received by our distribution partners and can deliver meaningful value to a diversified portfolio,” added Dupre.
The firm launched its first active ETFs in 2024, and as of August 31, 2025, the initial five active ETFs held approximately $750 million in assets. With the addition of MMID, these six funds now represent key segments of both the equity and fixed income markets, around which investors can build core market exposures—benefiting from the flexibility and tax efficiency offered by the MFS ETF structure.
MFS active ETFs are available on major U.S. brokerage and wealth management platforms.
