Recognized for second year in a row in International Large-Cap Core Funds category for its five and 10-year performance
SPRINGFIELD, Mass., March 11, 2021 – The MassMutual Select Overseas Fund (Class I: MOSZX), a mutual fund advised by MML Investment Advisers, LLC, which oversees the MassMutual Funds, has been awarded Refinitiv Lipper Fund Awards for Best International Large-Cap Core Fund category for five years (Class I: MOSZX) and 10 years (Class I: MOSZX)1.
Refinitiv Lipper Fund Awards honors funds and fund management firms that excel in consistent strong risk-adjusted performance relative to peers.
“MassMutual Funds’ has one core focus: to deliver consistent returns for our retirement investors,” said Doug Steele, Head of Investment Management for MML Investment Advisers, LLC. “We are honored to be recognized for the second consecutive year, and the 8th time in the last decade, for industry leading outcomes achieved from our fund complex on behalf of our clients. This is a testament to our continued ability to deliver durable and persistent investment results; enabling our clients to remain invested through market cycles and volatility, and enhancing their ability to secure strong financial futures.”
The MassMutual Select Overseas Fund, which seeks growth of capital over the long-term by investing in foreign equity securities, is designed specifically for 401(k)s and other defined contribution retirement plans. The Fund has a four-star overall rating from Morningstar.2
MFS (Massachusetts Financial Services Company) of Boston and Harris Associates L.P. of Chicago are the Fund’s subadvisers. The Fund blends two leading international investment strategies in an attempt to provide dependable core international equity exposure while minimizing performance volatility and generating consistent alpha. This mix of strategies creates a diversified, moderate-risk international portfolio of about 120 holdings. Each subadviser’s expertise complements the other by placing varying emphasis on value and growth characteristics.
MassMutual Funds deliver a full suite of investment solutions leveraging institutional asset managers, while striving for consistent performance. MassMutual Funds comprise over 100 funds spanning the risk/return spectrum. Each fund is carefully designed to achieve a specific objective and managed by specialized subadvisers who are experts in their field. Serving as the investment adviser, MML Investment Advisers, LLC executes a disciplined investment process designed to uncover unique, specialty managers for each strategy, construct individual portfolios for optimal long-term performance, and provide ongoing oversight and due diligence to ensure each Fund is managed in accordance with its stated objective.