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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000033417Member_lbl" xml:lang="en-US">Catalyst Insider Buying Fund</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CreditsRiskMember" xlink:to="mfst_CreditsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CreditsRiskMember_lbl" xml:lang="en-US">Credits Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CurrencyRiskMember" xlink:to="mfst_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_DurationRiskMember" xlink:to="mfst_DurationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_DurationRiskMember_lbl" xml:lang="en-US">Duration Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EquitySecurityRiskMember_lbl" xml:lang="en-US">Equity Security Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FixedIncomeRiskMember" xlink:to="mfst_FixedIncomeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FixedIncomeRiskMember_lbl" xml:lang="en-US">Fixed Income Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ForeignExchangesRiskMember" xlink:to="mfst_ForeignExchangesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForeignExchangesRiskMember_lbl" xml:lang="en-US">Foreign Exchanges Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForeignInvestmentRiskMember_lbl" xml:lang="en-US">Foreign Investment Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ForwardsRiskMember" xlink:to="mfst_ForwardsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForwardsRiskMember_lbl" xml:lang="en-US">Forwards Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FuturesContractRiskMember" xlink:to="mfst_FuturesContractRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FuturesContractRiskMember_lbl" xml:lang="en-US">Futures Contract Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_IncomeRiskMember" xlink:label="mfst_IncomeRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_IncomeRiskMember" xlink:to="mfst_IncomeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_IncomeRiskMember_lbl" xml:lang="en-US">Income Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_InterestRateRisksMember" xlink:to="mfst_InterestRateRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_InterestRateRisksMember_lbl" xml:lang="en-US">Interest Rate Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LargeCapitalizationCompanyRiskMember" xlink:label="mfst_LargeCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LargeCapitalizationCompanyRiskMember" xlink:to="mfst_LargeCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LargeCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Large Capitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LeverageRiskMember" xlink:label="mfst_LeverageRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LeverageRiskMember_lbl" xml:lang="en-US">Leverage Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LiquidityRiskMember" xlink:label="mfst_LiquidityRiskMember" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ManagementRiskMember" xlink:to="mfst_ManagementRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ManagementRiskMember_lbl" xml:lang="en-US">Management Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MarketRiskMember" xlink:to="mfst_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MarketRiskMember_lbl" xml:lang="en-US">Market Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MediumMidCapitalizationCompanyRiskMember" xlink:to="mfst_MediumMidCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MediumMidCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Medium Mid Capitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ModelAndDataRiskMember" xlink:label="mfst_ModelAndDataRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ModelAndDataRiskMember" xlink:to="mfst_ModelAndDataRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ModelAndDataRiskMember_lbl" xml:lang="en-US">Model And Data Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_OptionsMarketRiskMember" xlink:label="mfst_OptionsMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_OptionsMarketRiskMember" xlink:to="mfst_OptionsMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_OptionsMarketRiskMember_lbl" xml:lang="en-US">Options Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_OptionsRiskMember" xlink:label="mfst_OptionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_OptionsRiskMember" xlink:to="mfst_OptionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_OptionsRiskMember_lbl" xml:lang="en-US">Options Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_RealEstateAndREITRiskMember" xlink:label="mfst_RealEstateAndREITRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_RealEstateAndREITRiskMember" xlink:to="mfst_RealEstateAndREITRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_RealEstateAndREITRiskMember_lbl" xml:lang="en-US">Real Estate And R E I T Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_RegulatoryRiskMember" xlink:label="mfst_RegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_RegulatoryRiskMember" xlink:to="mfst_RegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_RegulatoryRiskMember_lbl" xml:lang="en-US">Regulatory Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SectorExposureRiskMember" xlink:to="mfst_SectorExposureRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SectorExposureRiskMember_lbl" xml:lang="en-US">Sector Exposure Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CommunicationsSectorRiskMember" xlink:label="mfst_CommunicationsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CommunicationsSectorRiskMember" xlink:to="mfst_CommunicationsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CommunicationsSectorRiskMember_lbl" xml:lang="en-US">Communications Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_HealthcareSectorRiskMember" xlink:label="mfst_HealthcareSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_HealthcareSectorRiskMember" xlink:to="mfst_HealthcareSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_HealthcareSectorRiskMember_lbl" xml:lang="en-US">Healthcare Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_TechnologySectorRiskMember" xlink:label="mfst_TechnologySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_TechnologySectorRiskMember" xlink:to="mfst_TechnologySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_TechnologySectorRiskMember_lbl" xml:lang="en-US">Technology Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SecurityRiskMember" xlink:label="mfst_SecurityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SecurityRiskMember" xlink:to="mfst_SecurityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SecurityRiskMember_lbl" xml:lang="en-US">Security Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SmallCapitalizationCompanyRiskMember" xlink:label="mfst_SmallCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SmallCapitalizationCompanyRiskMember" xlink:to="mfst_SmallCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SmallCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Small Capitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_StructuredNoteRiskMember" xlink:label="mfst_StructuredNoteRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_StructuredNoteRiskMember" xlink:to="mfst_StructuredNoteRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_StructuredNoteRiskMember_lbl" xml:lang="en-US">Structured Note Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SwapsRiskMember" xlink:label="mfst_SwapsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SwapsRiskMember" xlink:to="mfst_SwapsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SwapsRiskMember_lbl" xml:lang="en-US">Swaps Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_TaxRiskMember" xlink:label="mfst_TaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_TaxRiskMember" xlink:to="mfst_TaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_TaxRiskMember_lbl" xml:lang="en-US">Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_TurnoverRateRiskMember" xlink:label="mfst_TurnoverRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_TurnoverRateRiskMember" xlink:to="mfst_TurnoverRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_TurnoverRateRiskMember_lbl" xml:lang="en-US">Turnover Rate Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_USGovernmentObligationsRiskMember" xlink:label="mfst_USGovernmentObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_USGovernmentObligationsRiskMember" xlink:to="mfst_USGovernmentObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_USGovernmentObligationsRiskMember_lbl" xml:lang="en-US">U S Government Obligations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_VolatilityRiskMember" xlink:label="mfst_VolatilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_VolatilityRiskMember" xlink:to="mfst_VolatilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_VolatilityRiskMember_lbl" xml:lang="en-US">Volatility Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_WhollyOwnedSubsidiaryRiskMember" xlink:label="mfst_WhollyOwnedSubsidiaryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_WhollyOwnedSubsidiaryRiskMember" xlink:to="mfst_WhollyOwnedSubsidiaryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_WhollyOwnedSubsidiaryRiskMember_lbl" xml:lang="en-US">Wholly Owned Subsidiary Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000045781Member" xlink:label="mfst_S000045781Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000045781Member" xlink:to="mfst_S000045781Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000045781Member_lbl" xml:lang="en-US">Catalyst Energy Infrastructure Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_DistributionPolicyRiskMember" xlink:label="mfst_DistributionPolicyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_DistributionPolicyRiskMember" xlink:to="mfst_DistributionPolicyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_DistributionPolicyRiskMember_lbl" xml:lang="en-US">Distribution Policy Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EnergySectorRiskMember" xlink:label="mfst_EnergySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EnergySectorRiskMember" xlink:to="mfst_EnergySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EnergySectorRiskMember_lbl" xml:lang="en-US">Energy Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MLPAndMLPRelatedSecuritiesRisksMember" xlink:label="mfst_MLPAndMLPRelatedSecuritiesRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MLPAndMLPRelatedSecuritiesRisksMember" xlink:to="mfst_MLPAndMLPRelatedSecuritiesRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MLPAndMLPRelatedSecuritiesRisksMember_lbl" xml:lang="en-US">M L P And M L P Related Securities Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MLPTaxRiskMember" xlink:label="mfst_MLPTaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MLPTaxRiskMember" xlink:to="mfst_MLPTaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MLPTaxRiskMember_lbl" xml:lang="en-US">M L P Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_NondiversificationRiskMember" xlink:label="mfst_NondiversificationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_NondiversificationRiskMember" xlink:to="mfst_NondiversificationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_NondiversificationRiskMember_lbl" xml:lang="en-US">Nondiversification Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000033420Member" xlink:label="mfst_S000033420Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000033420Member" xlink:to="mfst_S000033420Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000033420Member_lbl" xml:lang="en-US">Catalyst/MAP Global Equity Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102760Member" xlink:label="mfst_C000102760Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102760Member" xlink:to="mfst_C000102760Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102760Member_lbl" xml:lang="en-US">Catalyst/MAP Global Equity Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102761Member" xlink:label="mfst_C000102761Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102761Member" xlink:to="mfst_C000102761Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102761Member_lbl" xml:lang="en-US">Catalyst/MAP Global Equity Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142550Member" xlink:label="mfst_C000142550Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142550Member" xlink:to="mfst_C000142550Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142550Member_lbl" xml:lang="en-US">Catalyst/MAP Global Equity Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000036624Member" xlink:label="mfst_S000036624Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000036624Member" xlink:to="mfst_S000036624Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000036624Member_lbl" xml:lang="en-US">Catalyst Tactical Allocation Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000111981Member" xlink:label="mfst_C000111981Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000111981Member" xlink:to="mfst_C000111981Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000111981Member_lbl" xml:lang="en-US">Catalyst Tactical Allocation Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000111982Member" xlink:label="mfst_C000111982Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000111982Member" xlink:to="mfst_C000111982Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000111982Member_lbl" xml:lang="en-US">Catalyst Tactical Allocation Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142553Member" xlink:label="mfst_C000142553Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142553Member" xlink:to="mfst_C000142553Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142553Member_lbl" xml:lang="en-US">Catalyst Tactical Allocation Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_AllocationRiskMember" xlink:label="mfst_AllocationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_AllocationRiskMember" xlink:to="mfst_AllocationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_AllocationRiskMember_lbl" xml:lang="en-US">Allocation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MegaCapitalizationCompanyRiskMember" xlink:label="mfst_MegaCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MegaCapitalizationCompanyRiskMember" xlink:to="mfst_MegaCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MegaCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Mega Capitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000035242Member" xlink:label="mfst_S000035242Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000035242Member" xlink:to="mfst_S000035242Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000035242Member_lbl" xml:lang="en-US">Catalyst Dynamic Alpha Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000108407Member" xlink:label="mfst_C000108407Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000108407Member" xlink:to="mfst_C000108407Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000108407Member_lbl" xml:lang="en-US">Catalyst Dynamic Alpha Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000108408Member" xlink:label="mfst_C000108408Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000108408Member" xlink:to="mfst_C000108408Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000108408Member_lbl" xml:lang="en-US">Catalyst Dynamic Alpha Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142551Member" xlink:label="mfst_C000142551Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142551Member" xlink:to="mfst_C000142551Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142551Member_lbl" xml:lang="en-US">Catalyst Dynamic Alpha Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_InvestmentModelRiskMember" xlink:label="mfst_InvestmentModelRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_InvestmentModelRiskMember" xlink:to="mfst_InvestmentModelRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_InvestmentModelRiskMember_lbl" xml:lang="en-US">Investment Model Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000045922Member" xlink:label="mfst_S000045922Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000045922Member" xlink:to="mfst_S000045922Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000045922Member_lbl" xml:lang="en-US">Catalyst Systematic Alpha Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ActivelyManagedFundRiskMember" xlink:label="mfst_ActivelyManagedFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ActivelyManagedFundRiskMember" xlink:to="mfst_ActivelyManagedFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ActivelyManagedFundRiskMember_lbl" xml:lang="en-US">Actively Managed Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ConvertibleSecuritiesRiskMember" xlink:label="mfst_ConvertibleSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ConvertibleSecuritiesRiskMember" xlink:to="mfst_ConvertibleSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ConvertibleSecuritiesRiskMember_lbl" xml:lang="en-US">Convertible Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CreditRisksMember" xlink:label="mfst_CreditRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CreditRisksMember" xlink:to="mfst_CreditRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CreditRisksMember_lbl" xml:lang="en-US">Credit Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ForwardContractRiskMember" xlink:label="mfst_ForwardContractRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ForwardContractRiskMember" xlink:to="mfst_ForwardContractRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForwardContractRiskMember_lbl" xml:lang="en-US">Forward Contract Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FuturesRiskMember" xlink:label="mfst_FuturesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FuturesRiskMember" xlink:to="mfst_FuturesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FuturesRiskMember_lbl" xml:lang="en-US">Futures Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_GeographicConcentrationsRiskMember" xlink:label="mfst_GeographicConcentrationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_GeographicConcentrationsRiskMember" xlink:to="mfst_GeographicConcentrationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_GeographicConcentrationsRiskMember_lbl" xml:lang="en-US">Geographic Concentrations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_JunkBondRiskMember" xlink:label="mfst_JunkBondRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_JunkBondRiskMember" xlink:to="mfst_JunkBondRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_JunkBondRiskMember_lbl" xml:lang="en-US">Junk Bond Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_UnderlyingFundRiskMember" xlink:label="mfst_UnderlyingFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_UnderlyingFundRiskMember" xlink:to="mfst_UnderlyingFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_UnderlyingFundRiskMember_lbl" xml:lang="en-US">Underlying Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000041894Member" xlink:label="mfst_S000041894Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000041894Member" xlink:to="mfst_S000041894Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000041894Member_lbl" xml:lang="en-US">Catalyst Systematic High Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000130114Member" xlink:label="mfst_C000130114Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000130114Member" xlink:to="mfst_C000130114Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000130114Member_lbl" xml:lang="en-US">Catalyst Systematic High Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000130115Member" xlink:label="mfst_C000130115Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000130115Member" xlink:to="mfst_C000130115Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000130115Member_lbl" xml:lang="en-US">Catalyst Systematic High Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000130116Member" xlink:label="mfst_C000130116Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000130116Member" xlink:to="mfst_C000130116Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000130116Member_lbl" xml:lang="en-US">Catalyst Systematic High Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CallOptionsRiskMember" xlink:label="mfst_CallOptionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CallOptionsRiskMember" xlink:to="mfst_CallOptionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CallOptionsRiskMember_lbl" xml:lang="en-US">Call Options Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CashAndCashEquivalentsRiskMember" xlink:label="mfst_CashAndCashEquivalentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CashAndCashEquivalentsRiskMember" xlink:to="mfst_CashAndCashEquivalentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CashAndCashEquivalentsRiskMember_lbl" xml:lang="en-US">Cash And Cash Equivalents Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_HedgingRiskMember" xlink:label="mfst_HedgingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_HedgingRiskMember" xlink:to="mfst_HedgingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_HedgingRiskMember_lbl" xml:lang="en-US">Hedging Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_IndexRiskMember" xlink:label="mfst_IndexRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_IndexRiskMember" xlink:to="mfst_IndexRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_IndexRiskMember_lbl" xml:lang="en-US">Index Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000058618Member" xlink:label="mfst_S000058618Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000058618Member" xlink:to="mfst_S000058618Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000058618Member_lbl" xml:lang="en-US">Catalyst Buffered Shield Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000192548Member" xlink:label="mfst_C000192548Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000192548Member" xlink:to="mfst_C000192548Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000192548Member_lbl" xml:lang="en-US">Catalyst Buffered Shield Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000192549Member" xlink:label="mfst_C000192549Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000192549Member" xlink:to="mfst_C000192549Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000192549Member_lbl" xml:lang="en-US">Catalyst Buffered Shield Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000192550Member" xlink:label="mfst_C000192550Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000192550Member" xlink:to="mfst_C000192550Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000192550Member_lbl" xml:lang="en-US">Catalyst Buffered Shield Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EquityOptionsStrategyRiskMember" xlink:label="mfst_EquityOptionsStrategyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EquityOptionsStrategyRiskMember" xlink:to="mfst_EquityOptionsStrategyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EquityOptionsStrategyRiskMember_lbl" xml:lang="en-US">Equity Options Strategy Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ExchangeTradedFundsETFsRiskMember" xlink:label="mfst_ExchangeTradedFundsETFsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ExchangeTradedFundsETFsRiskMember" xlink:to="mfst_ExchangeTradedFundsETFsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ExchangeTradedFundsETFsRiskMember_lbl" xml:lang="en-US">Exchange Traded Funds E T Fs Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ManagedVolatilityRiskMember" xlink:label="mfst_ManagedVolatilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ManagedVolatilityRiskMember" xlink:to="mfst_ManagedVolatilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ManagedVolatilityRiskMember_lbl" xml:lang="en-US">Managed Volatility Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ShortPositionRiskMember" xlink:label="mfst_ShortPositionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ShortPositionRiskMember" xlink:to="mfst_ShortPositionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ShortPositionRiskMember_lbl" xml:lang="en-US">Short Position Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_TurnoverRiskMember" xlink:label="mfst_TurnoverRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_TurnoverRiskMember" xlink:to="mfst_TurnoverRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_TurnoverRiskMember_lbl" xml:lang="en-US">Turnover Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000052043Member" xlink:label="mfst_S000052043Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000052043Member" xlink:to="mfst_S000052043Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000052043Member_lbl" xml:lang="en-US">Catalyst/Millburn Hedge Strategy Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_AgriculturalSectorRiskMember" xlink:label="mfst_AgriculturalSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_AgriculturalSectorRiskMember" xlink:to="mfst_AgriculturalSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_AgriculturalSectorRiskMember_lbl" xml:lang="en-US">Agricultural Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EmergingMarketRiskMember" xlink:label="mfst_EmergingMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EmergingMarketRiskMember" xlink:to="mfst_EmergingMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EmergingMarketRiskMember_lbl" xml:lang="en-US">Emerging Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FuturesAndForwardContractRiskMember" xlink:label="mfst_FuturesAndForwardContractRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FuturesAndForwardContractRiskMember" xlink:to="mfst_FuturesAndForwardContractRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FuturesAndForwardContractRiskMember_lbl" xml:lang="en-US">Futures And Forward Contract Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MetalsSectorRiskMember" xlink:label="mfst_MetalsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MetalsSectorRiskMember" xlink:to="mfst_MetalsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MetalsSectorRiskMember_lbl" xml:lang="en-US">Metals Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000036625Member" xlink:label="mfst_S000036625Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000036625Member" xlink:to="mfst_S000036625Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000036625Member_lbl" xml:lang="en-US">Catalyst Nasdaq-100 Hedged Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000111983Member" xlink:label="mfst_C000111983Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000111983Member" xlink:to="mfst_C000111983Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000111983Member_lbl" xml:lang="en-US">Catalyst Nasdaq-100 Hedged Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000111984Member" xlink:label="mfst_C000111984Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000111984Member" xlink:to="mfst_C000111984Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000111984Member_lbl" xml:lang="en-US">Catalyst Nasdaq-100 Hedged Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142554Member" xlink:label="mfst_C000142554Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142554Member" xlink:to="mfst_C000142554Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142554Member_lbl" xml:lang="en-US">Catalyst Nasdaq-100 Hedged Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ExchangeTradedNotesETNsRiskMember" xlink:label="mfst_ExchangeTradedNotesETNsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ExchangeTradedNotesETNsRiskMember" xlink:to="mfst_ExchangeTradedNotesETNsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ExchangeTradedNotesETNsRiskMember_lbl" xml:lang="en-US">Exchange Traded Notes E T Ns Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000083234Member" xlink:label="mfst_S000083234Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000083234Member" xlink:to="mfst_S000083234Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000083234Member_lbl" xml:lang="en-US">Catalyst/Aspect Enhanced Multi-Asset Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000246757Member" xlink:label="mfst_C000246757Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000246757Member" xlink:to="mfst_C000246757Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000246757Member_lbl" xml:lang="en-US">Catalyst/Aspect Enhanced Multi-Asset Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000246758Member" xlink:label="mfst_C000246758Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000246758Member" xlink:to="mfst_C000246758Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000246758Member_lbl" xml:lang="en-US">Catalyst/Aspect Enhanced Multi-Asset Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000246756Member" xlink:label="mfst_C000246756Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000246756Member" xlink:to="mfst_C000246756Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000246756Member_lbl" xml:lang="en-US">Catalyst/Aspect Enhanced Multi-Asset Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CashAndCashEquivalentRiskMember" xlink:label="mfst_CashAndCashEquivalentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CashAndCashEquivalentRiskMember" xlink:to="mfst_CashAndCashEquivalentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CashAndCashEquivalentRiskMember_lbl" xml:lang="en-US">Cash And Cash Equivalent Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MediumMidCapitalizationStockRiskMember" xlink:label="mfst_MediumMidCapitalizationStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MediumMidCapitalizationStockRiskMember" xlink:to="mfst_MediumMidCapitalizationStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MediumMidCapitalizationStockRiskMember_lbl" xml:lang="en-US">Medium Mid Capitalization Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000045921Member" xlink:label="mfst_S000045921Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000045921Member" xlink:to="mfst_S000045921Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000045921Member_lbl" xml:lang="en-US">Catalyst Insider Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FinancialsSectorRiskMember" xlink:label="mfst_FinancialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FinancialsSectorRiskMember" xlink:to="mfst_FinancialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FinancialsSectorRiskMember_lbl" xml:lang="en-US">Financials Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000022377Member" xlink:label="mfst_S000022377Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000022377Member" xlink:to="mfst_S000022377Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000022377Member_lbl" xml:lang="en-US">Catalyst/SMH High Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000064375Member" xlink:label="mfst_C000064375Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000064375Member" xlink:to="mfst_C000064375Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000064375Member_lbl" xml:lang="en-US">Catalyst/SMH High Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000064376Member" xlink:label="mfst_C000064376Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000064376Member" xlink:to="mfst_C000064376Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000064376Member_lbl" xml:lang="en-US">Catalyst/SMH High Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000128969Member" xlink:label="mfst_C000128969Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000128969Member" xlink:to="mfst_C000128969Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000128969Member_lbl" xml:lang="en-US">Catalyst/SMH High Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LowerQualityDebtRiskMember" xlink:label="mfst_LowerQualityDebtRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LowerQualityDebtRiskMember" xlink:to="mfst_LowerQualityDebtRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LowerQualityDebtRiskMember_lbl" xml:lang="en-US">Lower Quality Debt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_PreferredStockRiskMember" xlink:label="mfst_PreferredStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_PreferredStockRiskMember" xlink:to="mfst_PreferredStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_PreferredStockRiskMember_lbl" xml:lang="en-US">Preferred Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ConsumerDiscretionarySectorRiskMember" xlink:label="mfst_ConsumerDiscretionarySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ConsumerDiscretionarySectorRiskMember" xlink:to="mfst_ConsumerDiscretionarySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ConsumerDiscretionarySectorRiskMember_lbl" xml:lang="en-US">Consumer Discretionary Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000022378Member" xlink:label="mfst_S000022378Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000022378Member" xlink:to="mfst_S000022378Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000022378Member_lbl" xml:lang="en-US">Catalyst/SMH Total Return Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000064377Member" xlink:label="mfst_C000064377Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000064377Member" xlink:to="mfst_C000064377Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000064377Member_lbl" xml:lang="en-US">Catalyst/SMH Total Return Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000064378Member" xlink:label="mfst_C000064378Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000064378Member" xlink:to="mfst_C000064378Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000064378Member_lbl" xml:lang="en-US">Catalyst/SMH Total Return Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000128970Member" xlink:label="mfst_C000128970Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000128970Member" xlink:to="mfst_C000128970Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000128970Member_lbl" xml:lang="en-US">Catalyst/SMH Total Return Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BusinessDevelopmentCompaniesBDCRiskMember" xlink:label="mfst_BusinessDevelopmentCompaniesBDCRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BusinessDevelopmentCompaniesBDCRiskMember" xlink:to="mfst_BusinessDevelopmentCompaniesBDCRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BusinessDevelopmentCompaniesBDCRiskMember_lbl" xml:lang="en-US">Business Development Companies B D C Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ForeignSecuritiesInvestmentsRiskMember" xlink:label="mfst_ForeignSecuritiesInvestmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ForeignSecuritiesInvestmentsRiskMember" xlink:to="mfst_ForeignSecuritiesInvestmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForeignSecuritiesInvestmentsRiskMember_lbl" xml:lang="en-US">Foreign Securities Investments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MLPAndMLPRelatedSecuritiesRiskMember" xlink:label="mfst_MLPAndMLPRelatedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MLPAndMLPRelatedSecuritiesRiskMember" xlink:to="mfst_MLPAndMLPRelatedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MLPAndMLPRelatedSecuritiesRiskMember_lbl" xml:lang="en-US">M L P And M L P Related Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000033419Member" xlink:label="mfst_S000033419Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000033419Member" xlink:to="mfst_S000033419Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000033419Member_lbl" xml:lang="en-US">Catalyst/MAP Global Balanced Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102758Member" xlink:label="mfst_C000102758Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102758Member" xlink:to="mfst_C000102758Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102758Member_lbl" xml:lang="en-US">Catalyst/MAP Global Balanced Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102759Member" xlink:label="mfst_C000102759Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102759Member" xlink:to="mfst_C000102759Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102759Member_lbl" xml:lang="en-US">Catalyst/MAP Global Balanced Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142549Member" xlink:label="mfst_C000142549Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142549Member" xlink:to="mfst_C000142549Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142549Member_lbl" xml:lang="en-US">Catalyst/MAP Global Balanced Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EmergingMarketsRiskMember" xlink:label="mfst_EmergingMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EmergingMarketsRiskMember" xlink:to="mfst_EmergingMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EmergingMarketsRiskMember_lbl" xml:lang="en-US">Emerging Markets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LowerQualityDebtMember" xlink:label="mfst_LowerQualityDebtMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LowerQualityDebtMember" xlink:to="mfst_LowerQualityDebtMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LowerQualityDebtMember_lbl" xml:lang="en-US">Lower Quality Debt [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000039512Member" xlink:label="mfst_S000039512Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000039512Member" xlink:to="mfst_S000039512Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000039512Member_lbl" xml:lang="en-US">Catalyst/CIFC Senior Secured Income Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CLOsRiskMember" xlink:label="mfst_CLOsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CLOsRiskMember" xlink:to="mfst_CLOsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CLOsRiskMember_lbl" xml:lang="en-US">C L Os Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CovenantLiteObligationsRiskMember" xlink:label="mfst_CovenantLiteObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CovenantLiteObligationsRiskMember" xlink:to="mfst_CovenantLiteObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CovenantLiteObligationsRiskMember_lbl" xml:lang="en-US">Covenant Lite Obligations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CreditRiskForFloatingRateLoansMember" xlink:label="mfst_CreditRiskForFloatingRateLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CreditRiskForFloatingRateLoansMember" xlink:to="mfst_CreditRiskForFloatingRateLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CreditRiskForFloatingRateLoansMember_lbl" xml:lang="en-US">Credit Risk For Floating Rate Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_DebtorInPossessionLoanRisksMember" xlink:label="mfst_DebtorInPossessionLoanRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_DebtorInPossessionLoanRisksMember" xlink:to="mfst_DebtorInPossessionLoanRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_DebtorInPossessionLoanRisksMember_lbl" xml:lang="en-US">Debtor In Possession Loan Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_DemandForLoansRiskMember" xlink:label="mfst_DemandForLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_DemandForLoansRiskMember" xlink:to="mfst_DemandForLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_DemandForLoansRiskMember_lbl" xml:lang="en-US">Demand For Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EquitySecuritiesIncidentalToInvestmentsInLoansRiskMember" xlink:label="mfst_EquitySecuritiesIncidentalToInvestmentsInLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EquitySecuritiesIncidentalToInvestmentsInLoansRiskMember" xlink:to="mfst_EquitySecuritiesIncidentalToInvestmentsInLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EquitySecuritiesIncidentalToInvestmentsInLoansRiskMember_lbl" xml:lang="en-US">Equity Securities Incidental To Investments In Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FocusedInvestmentRiskMember" xlink:label="mfst_FocusedInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FocusedInvestmentRiskMember" xlink:to="mfst_FocusedInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FocusedInvestmentRiskMember_lbl" xml:lang="en-US">Focused Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LimitedSecondaryMarketForFloatingRateLoansRiskMember" xlink:label="mfst_LimitedSecondaryMarketForFloatingRateLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LimitedSecondaryMarketForFloatingRateLoansRiskMember" xlink:to="mfst_LimitedSecondaryMarketForFloatingRateLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LimitedSecondaryMarketForFloatingRateLoansRiskMember_lbl" xml:lang="en-US">Limited Secondary Market For Floating Rate Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LiquidityForFloatingRateLoansRiskMember" xlink:label="mfst_LiquidityForFloatingRateLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LiquidityForFloatingRateLoansRiskMember" xlink:to="mfst_LiquidityForFloatingRateLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LiquidityForFloatingRateLoansRiskMember_lbl" xml:lang="en-US">Liquidity For Floating Rate Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_LoanRiskMember" xlink:label="mfst_LoanRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_LoanRiskMember" xlink:to="mfst_LoanRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_LoanRiskMember_lbl" xml:lang="en-US">Loan Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_PrepaymentAndExtensionRisksForFloatingRateLoansMember" xlink:label="mfst_PrepaymentAndExtensionRisksForFloatingRateLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_PrepaymentAndExtensionRisksForFloatingRateLoansMember" xlink:to="mfst_PrepaymentAndExtensionRisksForFloatingRateLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_PrepaymentAndExtensionRisksForFloatingRateLoansMember_lbl" xml:lang="en-US">Prepayment And Extension Risks For Floating Rate Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SeniorLoanRiskMember" xlink:label="mfst_SeniorLoanRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SeniorLoanRiskMember" xlink:to="mfst_SeniorLoanRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SeniorLoanRiskMember_lbl" xml:lang="en-US">Senior Loan Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ShortSellingRiskMember" xlink:label="mfst_ShortSellingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ShortSellingRiskMember" xlink:to="mfst_ShortSellingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ShortSellingRiskMember_lbl" xml:lang="en-US">Short Selling Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ValuationOfLoansRiskMember" xlink:label="mfst_ValuationOfLoansRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ValuationOfLoansRiskMember" xlink:to="mfst_ValuationOfLoansRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ValuationOfLoansRiskMember_lbl" xml:lang="en-US">Valuation Of Loans Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000063591Member" xlink:label="mfst_S000063591Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000063591Member" xlink:to="mfst_S000063591Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000063591Member_lbl" xml:lang="en-US">Catalyst Enhanced Income Strategy Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_AssetBackedAndMortgageBackedSecurityRiskMember" xlink:label="mfst_AssetBackedAndMortgageBackedSecurityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_AssetBackedAndMortgageBackedSecurityRiskMember" xlink:to="mfst_AssetBackedAndMortgageBackedSecurityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_AssetBackedAndMortgageBackedSecurityRiskMember_lbl" xml:lang="en-US">Asset Backed And Mortgage Backed Security Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_IndustryConcentrationRiskMember" xlink:label="mfst_IndustryConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_IndustryConcentrationRiskMember" xlink:to="mfst_IndustryConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_IndustryConcentrationRiskMember_lbl" xml:lang="en-US">Industry Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_PrepaymentAndExtensionRiskMember" xlink:label="mfst_PrepaymentAndExtensionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_PrepaymentAndExtensionRiskMember" xlink:to="mfst_PrepaymentAndExtensionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_PrepaymentAndExtensionRiskMember_lbl" xml:lang="en-US">Prepayment And Extension Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_RealEstateRiskMember" xlink:label="mfst_RealEstateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_RealEstateRiskMember" xlink:to="mfst_RealEstateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_RealEstateRiskMember_lbl" xml:lang="en-US">Real Estate Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SubPrimeMortgageRiskMember" xlink:label="mfst_SubPrimeMortgageRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SubPrimeMortgageRiskMember" xlink:to="mfst_SubPrimeMortgageRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SubPrimeMortgageRiskMember_lbl" xml:lang="en-US">Sub Prime Mortgage Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000022598Member" xlink:label="mfst_S000022598Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000022598Member" xlink:to="mfst_S000022598Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000022598Member_lbl" xml:lang="en-US">Eventide Gilead Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_DevelopmentStageCompanyRiskMember" xlink:label="mfst_DevelopmentStageCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_DevelopmentStageCompanyRiskMember" xlink:to="mfst_DevelopmentStageCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_DevelopmentStageCompanyRiskMember_lbl" xml:lang="en-US">Development Stage Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_EthicalInvestmentRiskMember" xlink:label="mfst_EthicalInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_EthicalInvestmentRiskMember" xlink:to="mfst_EthicalInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_EthicalInvestmentRiskMember_lbl" xml:lang="en-US">Ethical Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ForeignSecuritiesRiskMember" xlink:label="mfst_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ForeignSecuritiesRiskMember" xlink:to="mfst_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_GrowthStockRiskMember" xlink:label="mfst_GrowthStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_GrowthStockRiskMember" xlink:to="mfst_GrowthStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_GrowthStockRiskMember_lbl" xml:lang="en-US">Growth Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_HealthcareAndLifeSciencesSectorRiskMember" xlink:label="mfst_HealthcareAndLifeSciencesSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_HealthcareAndLifeSciencesSectorRiskMember" xlink:to="mfst_HealthcareAndLifeSciencesSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_HealthcareAndLifeSciencesSectorRiskMember_lbl" xml:lang="en-US">Healthcare And Life Sciences Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_IndustrialSectorRiskMember" xlink:label="mfst_IndustrialSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_IndustrialSectorRiskMember" xlink:to="mfst_IndustrialSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_IndustrialSectorRiskMember_lbl" xml:lang="en-US">Industrial Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_StockValueRiskMember" xlink:label="mfst_StockValueRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_StockValueRiskMember" xlink:to="mfst_StockValueRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_StockValueRiskMember_lbl" xml:lang="en-US">Stock Value Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000039514Member" xlink:label="mfst_S000039514Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000039514Member" xlink:to="mfst_S000039514Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000039514Member_lbl" xml:lang="en-US">Eventide Healthcare &amp; Life Sciences Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121707Member" xlink:label="mfst_C000121707Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121707Member" xlink:to="mfst_C000121707Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121707Member_lbl" xml:lang="en-US">Eventide Healthcare &amp; Life Sciences Fund Class A Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121708Member" xlink:label="mfst_C000121708Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121708Member" xlink:to="mfst_C000121708Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121708Member_lbl" xml:lang="en-US">Eventide Healthcare &amp; Life Sciences Fund Class C Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121709Member" xlink:label="mfst_C000121709Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121709Member" xlink:to="mfst_C000121709Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121709Member_lbl" xml:lang="en-US">Eventide Healthcare &amp; Life Sciences Fund Class N Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121710Member" xlink:label="mfst_C000121710Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121710Member" xlink:to="mfst_C000121710Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121710Member_lbl" xml:lang="en-US">Eventide Healthcare &amp; Life Sciences Fund Class I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000049985Member" xlink:label="mfst_S000049985Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000049985Member" xlink:to="mfst_S000049985Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000049985Member_lbl" xml:lang="en-US">Eventide Balanced Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000157835Member" xlink:label="mfst_C000157835Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000157835Member" xlink:to="mfst_C000157835Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000157835Member_lbl" xml:lang="en-US">Eventide Balanced Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000157836Member" xlink:label="mfst_C000157836Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000157836Member" xlink:to="mfst_C000157836Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000157836Member_lbl" xml:lang="en-US">Eventide Balanced Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000157838Member" xlink:label="mfst_C000157838Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000157838Member" xlink:to="mfst_C000157838Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000157838Member_lbl" xml:lang="en-US">Eventide Balanced Fund Class N</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000157837Member" xlink:label="mfst_C000157837Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000157837Member" xlink:to="mfst_C000157837Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000157837Member_lbl" xml:lang="en-US">Eventide Balanced Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ExtensionRiskMember" xlink:label="mfst_ExtensionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ExtensionRiskMember" xlink:to="mfst_ExtensionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ExtensionRiskMember_lbl" xml:lang="en-US">Extension Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_PrepaymentsRiskMember" xlink:label="mfst_PrepaymentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_PrepaymentsRiskMember" xlink:to="mfst_PrepaymentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_PrepaymentsRiskMember_lbl" xml:lang="en-US">Prepayments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_REITRiskMember" xlink:label="mfst_REITRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_REITRiskMember" xlink:to="mfst_REITRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_REITRiskMember_lbl" xml:lang="en-US">R E I T Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_YieldcosRiskMember" xlink:label="mfst_YieldcosRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_YieldcosRiskMember" xlink:to="mfst_YieldcosRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_YieldcosRiskMember_lbl" xml:lang="en-US">Yieldcos Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000059102Member" xlink:label="mfst_S000059102Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000059102Member" xlink:to="mfst_S000059102Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000059102Member_lbl" xml:lang="en-US">Eventide Dividend Growth Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000193764Member" xlink:label="mfst_C000193764Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000193764Member" xlink:to="mfst_C000193764Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000193764Member_lbl" xml:lang="en-US">Eventide Dividend Growth Fund Class A Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000193765Member" xlink:label="mfst_C000193765Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000193765Member" xlink:to="mfst_C000193765Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000193765Member_lbl" xml:lang="en-US">Eventide Dividend Growth Fund Class C Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000193767Member" xlink:label="mfst_C000193767Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000193767Member" xlink:to="mfst_C000193767Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000193767Member_lbl" xml:lang="en-US">Eventide Dividend Growth Fund Class N Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000193766Member" xlink:label="mfst_C000193766Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000193766Member" xlink:to="mfst_C000193766Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000193766Member_lbl" xml:lang="en-US">Eventide Dividend Growth Fund Class I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_IndustrialsSectorRiskMember" xlink:label="mfst_IndustrialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_IndustrialsSectorRiskMember" xlink:to="mfst_IndustrialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_IndustrialsSectorRiskMember_lbl" xml:lang="en-US">Industrials Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000062486Member" xlink:label="mfst_S000062486Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000062486Member" xlink:to="mfst_S000062486Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000062486Member_lbl" xml:lang="en-US">Eventide Limited-Term Bond Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000202730Member" xlink:label="mfst_C000202730Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000202730Member" xlink:to="mfst_C000202730Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000202730Member_lbl" xml:lang="en-US">Eventide Limited-Term Bond Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000202731Member" xlink:label="mfst_C000202731Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000202731Member" xlink:to="mfst_C000202731Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000202731Member_lbl" xml:lang="en-US">Eventide Limited-Term Bond Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000202733Member" xlink:label="mfst_C000202733Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000202733Member" xlink:to="mfst_C000202733Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000202733Member_lbl" xml:lang="en-US">Eventide Limited-Term Bond Fund Class N</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000202732Member" xlink:label="mfst_C000202732Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000202732Member" xlink:to="mfst_C000202732Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000202732Member_lbl" xml:lang="en-US">Eventide Limited-Term Bond Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MunicipalBondRiskMember" xlink:label="mfst_MunicipalBondRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MunicipalBondRiskMember" xlink:to="mfst_MunicipalBondRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MunicipalBondRiskMember_lbl" xml:lang="en-US">Municipal Bond Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SovereignDebtRiskMember" xlink:label="mfst_SovereignDebtRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SovereignDebtRiskMember" xlink:to="mfst_SovereignDebtRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SovereignDebtRiskMember_lbl" xml:lang="en-US">Sovereign Debt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000068813Member" xlink:label="mfst_S000068813Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000068813Member" xlink:to="mfst_S000068813Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000068813Member_lbl" xml:lang="en-US">Eventide Exponential Technologies Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000219892Member" xlink:label="mfst_C000219892Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000219892Member" xlink:to="mfst_C000219892Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000219892Member_lbl" xml:lang="en-US">Eventide Exponential Technologies Fund Class A Share</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000219893Member" xlink:label="mfst_C000219893Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000219893Member" xlink:to="mfst_C000219893Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000219893Member_lbl" xml:lang="en-US">Eventide Exponential Technologies Fund Class C Share</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000219891Member" xlink:label="mfst_C000219891Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000219891Member" xlink:to="mfst_C000219891Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000219891Member_lbl" xml:lang="en-US">Eventide Exponential Technologies Fund Class N Share</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000219894Member" xlink:label="mfst_C000219894Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000219894Member" xlink:to="mfst_C000219894Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000219894Member_lbl" xml:lang="en-US">Eventide Exponential Technologies Fund Class I Share</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_InvestmentStyleRiskMember" xlink:label="mfst_InvestmentStyleRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_InvestmentStyleRiskMember" xlink:to="mfst_InvestmentStyleRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_InvestmentStyleRiskMember_lbl" xml:lang="en-US">Investment Style Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_NonDiversificationRisksMember" xlink:label="mfst_NonDiversificationRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_NonDiversificationRisksMember" xlink:to="mfst_NonDiversificationRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_NonDiversificationRisksMember_lbl" xml:lang="en-US">Non Diversification Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FinancialTechnologyCompaniesRiskMember" xlink:label="mfst_FinancialTechnologyCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FinancialTechnologyCompaniesRiskMember" xlink:to="mfst_FinancialTechnologyCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FinancialTechnologyCompaniesRiskMember_lbl" xml:lang="en-US">Financial Technology Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_HealthcareTechnologyAndDevicesCompaniesRiskMember" xlink:label="mfst_HealthcareTechnologyAndDevicesCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_HealthcareTechnologyAndDevicesCompaniesRiskMember" xlink:to="mfst_HealthcareTechnologyAndDevicesCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_HealthcareTechnologyAndDevicesCompaniesRiskMember_lbl" xml:lang="en-US">Healthcare Technology And Devices Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_InformationTechnologyCompaniesRiskMember" xlink:label="mfst_InformationTechnologyCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_InformationTechnologyCompaniesRiskMember" xlink:to="mfst_InformationTechnologyCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_InformationTechnologyCompaniesRiskMember_lbl" xml:lang="en-US">Information Technology Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_InternetAndDirectMarketingRetailRiskMember" xlink:label="mfst_InternetAndDirectMarketingRetailRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_InternetAndDirectMarketingRetailRiskMember" xlink:to="mfst_InternetAndDirectMarketingRetailRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_InternetAndDirectMarketingRetailRiskMember_lbl" xml:lang="en-US">Internet And Direct Marketing Retail Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000069085Member" xlink:label="mfst_S000069085Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000069085Member" xlink:to="mfst_S000069085Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000069085Member_lbl" xml:lang="en-US">Eventide Core Bond Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000220844Member" xlink:label="mfst_C000220844Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000220844Member" xlink:to="mfst_C000220844Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000220844Member_lbl" xml:lang="en-US">Eventide Core Bond Fund Class A Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000220845Member" xlink:label="mfst_C000220845Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000220845Member" xlink:to="mfst_C000220845Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000220845Member_lbl" xml:lang="en-US">Eventide Core Bond Fund Class C Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000220843Member" xlink:label="mfst_C000220843Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000220843Member" xlink:to="mfst_C000220843Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000220843Member_lbl" xml:lang="en-US">Eventide Core Bond Fund Class N Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000220846Member" xlink:label="mfst_C000220846Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000220846Member" xlink:to="mfst_C000220846Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000220846Member_lbl" xml:lang="en-US">Eventide Core Bond Fund Class I Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_S000076523Member" xlink:label="mfst_S000076523Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_S000076523Member" xlink:to="mfst_S000076523Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_S000076523Member_lbl" xml:lang="en-US">Eventide Large Cap Focus Fund</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000236480Member" xlink:label="mfst_C000236480Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000236480Member" xlink:to="mfst_C000236480Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000236480Member_lbl" xml:lang="en-US">Eventide Large Cap Focus Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000236481Member" xlink:label="mfst_C000236481Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000236481Member" xlink:to="mfst_C000236481Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000236481Member_lbl" xml:lang="en-US">Eventide Large Cap Focus Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000236479Member" xlink:label="mfst_C000236479Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000236479Member" xlink:to="mfst_C000236479Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000236479Member_lbl" xml:lang="en-US">Eventide Large Cap Focus Fund Class N</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000236482Member" xlink:label="mfst_C000236482Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000236482Member" xlink:to="mfst_C000236482Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000236482Member_lbl" xml:lang="en-US">Eventide Large Cap Focus Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SemiconductorIndustryRiskMember" xlink:label="mfst_SemiconductorIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SemiconductorIndustryRiskMember" xlink:to="mfst_SemiconductorIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SemiconductorIndustryRiskMember_lbl" xml:lang="en-US">Semiconductor Industry Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SoftwareIndustryRiskMember" xlink:label="mfst_SoftwareIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SoftwareIndustryRiskMember" xlink:to="mfst_SoftwareIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SoftwareIndustryRiskMember_lbl" xml:lang="en-US">Software Industry Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MLPAndMLPRelatedSecuritiesMember" xlink:label="mfst_MLPAndMLPRelatedSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MLPAndMLPRelatedSecuritiesMember" xlink:to="mfst_MLPAndMLPRelatedSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MLPAndMLPRelatedSecuritiesMember_lbl" xml:lang="en-US">M L P And M L P Related Securities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102754Member" xlink:label="mfst_C000102754Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102754Member" xlink:to="mfst_C000102754Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102754Member_lbl" xml:lang="en-US">Catalyst Insider Buying Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000102755Member" xlink:label="mfst_C000102755Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000102755Member" xlink:to="mfst_C000102755Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000102755Member_lbl" xml:lang="en-US">Catalyst Insider Buying Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142548Member" xlink:label="mfst_C000142548Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142548Member" xlink:to="mfst_C000142548Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142548Member_lbl" xml:lang="en-US">Catalyst Insider Buying Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142728Member" xlink:label="mfst_C000142728Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142728Member" xlink:to="mfst_C000142728Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142728Member_lbl" xml:lang="en-US">Catalyst Energy Infrastructure Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142729Member" xlink:label="mfst_C000142729Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142729Member" xlink:to="mfst_C000142729Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142729Member_lbl" xml:lang="en-US">Catalyst Energy Infrastructure Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000142730Member" xlink:label="mfst_C000142730Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000142730Member" xlink:to="mfst_C000142730Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000142730Member_lbl" xml:lang="en-US">Catalyst Energy Infrastructure Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143112Member" xlink:label="mfst_C000143112Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143112Member" xlink:to="mfst_C000143112Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143112Member_lbl" xml:lang="en-US">Catalyst Systematic Alpha Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143113Member" xlink:label="mfst_C000143113Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143113Member" xlink:to="mfst_C000143113Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143113Member_lbl" xml:lang="en-US">Catalyst Systematic Alpha Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143114Member" xlink:label="mfst_C000143114Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143114Member" xlink:to="mfst_C000143114Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143114Member_lbl" xml:lang="en-US">Catalyst Systematic Alpha Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000163769Member" xlink:label="mfst_C000163769Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000163769Member" xlink:to="mfst_C000163769Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000163769Member_lbl" xml:lang="en-US">Catalyst/Millburn Hedge Strategy Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000163770Member" xlink:label="mfst_C000163770Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000163770Member" xlink:to="mfst_C000163770Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000163770Member_lbl" xml:lang="en-US">Catalyst/Millburn Hedge Strategy Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000220411Member" xlink:label="mfst_C000220411Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000220411Member" xlink:to="mfst_C000220411Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000220411Member_lbl" xml:lang="en-US">Catalyst/Millburn Hedge Strategy Fund Class C-1</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000163771Member" xlink:label="mfst_C000163771Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000163771Member" xlink:to="mfst_C000163771Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000163771Member_lbl" xml:lang="en-US">Catalyst/Millburn Hedge Strategy Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143109Member" xlink:label="mfst_C000143109Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143109Member" xlink:to="mfst_C000143109Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143109Member_lbl" xml:lang="en-US">Catalyst Insider Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143110Member" xlink:label="mfst_C000143110Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143110Member" xlink:to="mfst_C000143110Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143110Member_lbl" xml:lang="en-US">Catalyst Insider Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000143111Member" xlink:label="mfst_C000143111Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000143111Member" xlink:to="mfst_C000143111Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000143111Member_lbl" xml:lang="en-US">Catalyst Insider Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121700Member" xlink:label="mfst_C000121700Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121700Member" xlink:to="mfst_C000121700Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121700Member_lbl" xml:lang="en-US">Catalyst/CIFC Senior Secured Income Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121701Member" xlink:label="mfst_C000121701Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121701Member" xlink:to="mfst_C000121701Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121701Member_lbl" xml:lang="en-US">Catalyst/CIFC Senior Secured Income Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000240463Member" xlink:label="mfst_C000240463Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000240463Member" xlink:to="mfst_C000240463Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000240463Member_lbl" xml:lang="en-US">Catalyst/CIFC Senior Secured Income Fund Class C-1</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000121702Member" xlink:label="mfst_C000121702Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000121702Member" xlink:to="mfst_C000121702Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000121702Member_lbl" xml:lang="en-US">Catalyst/CIFC Senior Secured Income Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000206025Member" xlink:label="mfst_C000206025Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000206025Member" xlink:to="mfst_C000206025Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000206025Member_lbl" xml:lang="en-US">Catalyst Enhanced Income Strategy Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000206026Member" xlink:label="mfst_C000206026Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000206026Member" xlink:to="mfst_C000206026Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000206026Member_lbl" xml:lang="en-US">Catalyst Enhanced Income Strategy Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000206024Member" xlink:label="mfst_C000206024Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000206024Member" xlink:to="mfst_C000206024Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000206024Member_lbl" xml:lang="en-US">Catalyst Enhanced Income Strategy Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000080457Member" xlink:label="mfst_C000080457Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000080457Member" xlink:to="mfst_C000080457Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000080457Member_lbl" xml:lang="en-US">Eventide Gilead Fund Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000080458Member" xlink:label="mfst_C000080458Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000080458Member" xlink:to="mfst_C000080458Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000080458Member_lbl" xml:lang="en-US">Eventide Gilead Fund Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000065340Member" xlink:label="mfst_C000065340Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000065340Member" xlink:to="mfst_C000065340Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000065340Member_lbl" xml:lang="en-US">Eventide Gilead Fund Class N</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_C000080459Member" xlink:label="mfst_C000080459Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_C000080459Member" xlink:to="mfst_C000080459Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_C000080459Member_lbl" xml:lang="en-US">Eventide Gilead Fund Class I</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">S&amp;P 500&#174; Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SolactiveMLPInfrastructureIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_SolactiveMLPInfrastructureIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_SolactiveMLPInfrastructureIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_SolactiveMLPInfrastructureIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SolactiveMLPInfrastructureIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Solactive MLP Infrastructure Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MSCIACWIReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MSCIACWIReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MSCIACWIReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MSCIACWIReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MSCIACWIReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">MSCI ACWI (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MSCIACWIValueIndexGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MSCIACWIValueIndexGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MSCIACWIValueIndexGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MSCIACWIValueIndexGrossReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MSCIACWIValueIndexGrossReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">MSCI ACWI Value Index Gross (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUSAggregateBondIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUSAggregateBondIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUSAggregateBondIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUSAggregateBondIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUSAggregateBondIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ICEBofAUSCashPayHighYieldIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_ICEBofAUSCashPayHighYieldIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ICEBofAUSCashPayHighYieldIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_ICEBofAUSCashPayHighYieldIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_ICEBofAUSCashPayHighYieldIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">ICE BofA US Cash Pay High Yield Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_ICEBofAHighYieldUSCorporatesCashPayIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_ICEBofAHighYieldUSCorporatesCashPayIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_ICEBofAHighYieldUSCorporatesCashPayIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_ICEBofAHighYieldUSCorporatesCashPayIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MSCIACWIGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MSCIACWIGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MSCIACWIGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MSCIACWIGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MSCIACWIGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">MSCI ACWI Gross Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MSCIACWIValueGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MSCIACWIValueGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MSCIACWIValueGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MSCIACWIValueGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MSCIACWIValueGrossIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">MSCI ACWI Value Gross Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FiftyPercentICEBofAML13YearFiftyPercentMSCIACWIGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_FiftyPercentICEBofAML13YearFiftyPercentMSCIACWIGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FiftyPercentICEBofAML13YearFiftyPercentMSCIACWIGrossReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_FiftyPercentICEBofAML13YearFiftyPercentMSCIACWIGrossReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FiftyPercentICEBofAML13YearFiftyPercentMSCIACWIGrossReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">50% ICE BofAML 1-3 Year/ 50% - MSCI ACWI Gross (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_FiftyPercentMSCIACWIValueFiftyPercentMLAAAA13YRReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_FiftyPercentMSCIACWIValueFiftyPercentMLAAAA13YRReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_FiftyPercentMSCIACWIValueFiftyPercentMLAAAA13YRReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_FiftyPercentMSCIACWIValueFiftyPercentMLAAAA13YRReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_FiftyPercentMSCIACWIValueFiftyPercentMLAAAA13YRReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">50% MSCI ACWI Value/50% ML AAAA 1-3YR (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MorningstarLSTALeveragedLoanIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MorningstarLSTALeveragedLoanIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MorningstarLSTALeveragedLoanIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MorningstarLSTALeveragedLoanIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MorningstarLSTALeveragedLoanIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Morningstar LSTA Leveraged Loan Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUSMBSIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUSMBSIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUSMBSIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUSMBSIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUSMBSIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg U.S. MBS Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BNPParibasCatalystSystematicAlphaIndexIIIReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BNPParibasCatalystSystematicAlphaIndexIIIReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BNPParibasCatalystSystematicAlphaIndexIIIReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BNPParibasCatalystSystematicAlphaIndexIIIReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BNPParibasCatalystSystematicAlphaIndexIIIReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">BNP Paribas Catalyst Systematic Alpha Index III (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BofAMerrillLynch3MonthUSTreasuryBillIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BofAMerrillLynch3MonthUSTreasuryBillIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BofAMerrillLynch3MonthUSTreasuryBillIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BofAMerrillLynch3MonthUSTreasuryBillIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BofAMerrillLynch3MonthUSTreasuryBillIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">BofA Merrill Lynch 3-Month U.S. Treasury Bill Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_CreditSuisseManagedFuturesIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_CreditSuisseManagedFuturesIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_CreditSuisseManagedFuturesIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_CreditSuisseManagedFuturesIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_CreditSuisseManagedFuturesIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Credit Suisse Managed Futures Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_MSCIACWINetUSDIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_MSCIACWINetUSDIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_MSCIACWINetUSDIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_MSCIACWINetUSDIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_MSCIACWINetUSDIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">MSCI ACWI Net (USD) Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_NASDAQ100TotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_NASDAQ100TotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_NASDAQ100TotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_NASDAQ100TotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_NASDAQ100TotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">NASDAQ &#150; 100 Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUSGovtCredit13YRTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUSGovtCredit13YRTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUSGovtCredit13YRTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUSGovtCredit13YRTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUSGovtCredit13YRTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg US Govt/Credit 1-3 YR TR Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUS3000EqualWeightTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUS3000EqualWeightTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUS3000EqualWeightTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUS3000EqualWeightTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUS3000EqualWeightTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg US 3000 Equal Weight Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUSMidCapGrowthTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUSMidCapGrowthTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUSMidCapGrowthTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUSMidCapGrowthTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUSMidCapGrowthTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg US Mid Cap Growth Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_SAndPBiotechnologySelectIndustryIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_SAndPBiotechnologySelectIndustryIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_SAndPBiotechnologySelectIndustryIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">S&amp;P Biotechnology Select Industry Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergMidCapIntermediateUSAggregateFiftyFiftyTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergMidCapIntermediateUSAggregateFiftyFiftyTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergMidCapIntermediateUSAggregateFiftyFiftyTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergMidCapIntermediateUSAggregateFiftyFiftyTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergMidCapIntermediateUSAggregateFiftyFiftyTRIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg Mid Cap/Intermediate US Aggregate 50/50 TR Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_BloombergUSMidCapTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_BloombergUSMidCapTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_BloombergUSMidCapTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_BloombergUSMidCapTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_BloombergUSMidCapTotalReturnIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg US Mid Cap Total Return Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="mfst-20261028.xsd#mfst_Bloomberg15YearGovernmentCreditIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="mfst_Bloomberg15YearGovernmentCreditIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mfst_Bloomberg15YearGovernmentCreditIndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:to="mfst_Bloomberg15YearGovernmentCreditIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mfst_Bloomberg15YearGovernmentCreditIndexReflectsNoDeductionForFeesExpensesOrTaxesMember_lbl" xml:lang="en-US">Bloomberg 1-5 Year Government/Credit Index (reflects no deduction for fees, expenses or taxes)</link:label>
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