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Form 497 MFS SERIES TRUST V

June 24, 2021 8:54 AM EDT
SUPPLEMENT TO THE PROSPECTUS
Supplement dated June 24, 2021, to the Prospectus dated January 28, 2021.


MFS® International New Discovery Fund

Effective immediately, the section entitled "Portfolio Manager(s)" under the main heading entitled "Summary of Key Information" is restated in its entirety as follows:
Portfolio Manager(s)
Portfolio Manager
Since
Title
Peter Fruzzetti
2004
Investment Officer of MFS
Jose Luis Garcia
2007
Investment Officer of MFS
Lionel Gomez
March 2021
Investment Officer of MFS
Robert Lau
2008
Investment Officer of MFS
Sandeep Mehta
2020
Investment Officer of MFS

Effective April 15, 2023, Jose Luis Garcia will no longer be a portfolio manager of the fund.

Effective September 1, 2021, the following is added to the table in the section entitled "Portfolio Manager(s)" under the main heading entitled "Summary of Key Information":
Portfolio Manager
Since
Title
Nicholas Spratt
September 2021
Investment Officer of MFS

Effective immediately, the section entitled "Portfolio Manager(s)" under the main heading entitled "Management of the Fund" is restated in its entirety as follows:

Portfolio Manager(s)
Information regarding the portfolio manager(s) of the fund is set forth below. Further information regarding the portfolio manager(s), including other accounts managed, compensation, ownership of fund shares, and possible conflicts of interest, is available in the fund’s SAI.

Portfolio Manager
Primary Role
Five Year History
Peter Fruzzetti
Portfolio Manager
Employed in the investment area of MFS since 2000
Jose Luis Garcia
Portfolio Manager
Employed in the investment area of MFS since 2002
Lionel Gomez
Portfolio Manager
Employed in the investment area of MFS since 2013
Robert Lau
Portfolio Manager
Employed in the investment area of MFS since 2001
Sandeep Mehta
Portfolio Manager
Employed in the investment area of MFS since 2008

Effective April 15, 2023, Jose Luis Garcia will no longer be a portfolio manager of the fund.

Effective September 1, 2021, the following is added to the table in the section entitled "Portfolio Manager(s)" under the main heading entitled "Management of the Fund":
Portfolio Manager
Primary  Role
Five Year History
Nicholas Spratt
Portfolio Manager
Employed in the investment area of MFS since September 2017; Portfolio Manager responsible for Asian Equity Strategies at PAG prior to September 2017








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