Morgan Stanley Investment Funds US Advantage Fund Investment objective Fund facts

Investment management
FACTSHEET | DATA AS OF September 30, 2014
Morgan Stanley Investment Funds
US Advantage Fund
Investment objective
Fund facts
Seeks long term capital appreciation, measured in US Dollars, by investing
primarily in securities issued by US companies and on an ancillary basis in
securities issued by companies that are not from the US.
Fund launch
Investment team 4
Share Class I Risk and Reward profile
The higher the category (1 - 7), the greater the potential reward, but also the
greater the risk of losing the investment. Category 1 does not indicate a risk free
investment.
Download the fund’s Key Investor Information document (KII) for share class
tailored risk ratings and warnings at: www.morganstanleyinvestmentfunds.com
Class I shares vs. benchmark
1,2
Performance of 100 U.S. dollars invested since inception
250
Cash Value
100
May 10
Sep 14
Index
Returns in U.S. dollars vs. benchmark 1,2
Period
I
A
B Index
AH Index 3
(USD) (USD) (USD) (USD) (EUR) (EUR)
One month
Last three months
YTD
One year
Three years (ann.)
Five years (ann.)
Since inception (ann.)
(0.22)
2.54
3.92
15.79
19.64
16.95
9.20
(0.27)
2.35
3.33
14.89
18.71
16.04
n/a
(0.38) (1.40)
2.08
1.13
2.53
8.34
13.73 19.73
17.52 22.99
14.89 15.89
n/a
7.57
(0.30)
2.31
3.32
14.73
17.98
15.42
n/a
(1.53)
1.42
7.69
18.84
21.63
14.57
n/a
12 months to:
September 2014
September 2013
September 2012
September 2011
September 2010
Fund
Index
P/CF
P/BV
P/E
Yield
Number of holdings
18.39
5.23
26.14
0.85
36
10.54
2.64
18.50
2.03
502
15.79
21.84
21.37
6.43
20.02
14.89
20.89
20.43
5.62
19.09
13.73
19.67
19.25
4.55
17.99
19.73
19.34
30.20
1.15
11.08
14.73
20.13
19.16
5.32
18.44
%
FACEBOOK INC
AMAZON.COM INC
GOOGLE INC
TWITTER INC
MEAD JOHNSON NUTRITION CO.
BERKSHIRE HATHWY
STARBUCKS CORP
PROGRESSIVE CORP/THE
LINKEDIN CORP
CHRISTIAN DIOR S.A.
Total
150
Fund (net of fees) %
Portfolio characteristics
Top 10 holdings
200
50
Dec 05
Fund
Location
Base currency
Benchmark
Total assets
NAV Class I
December 2005
Dennis Lynch, David Cohen, Sam
Chainani, Alexander Norton, Jason Yeung,
Armistead Nash
New York
U.S. dollars
S&P 500 Index
$ 4.0 billion
$ 54.40
18.84
18.71
27.55
3.35
6.13
Past performance is not a reliable indicator of future results. Returns may increase
or decrease as a result of currency fluctuations. All performance data is calculated
NAV to NAV, net of fees, and does not take account of commissions and costs
incurred on the issue and redemption of units.
8.44
7.55
6.95
4.67
3.88
3.26
3.19
3.14
3.02
3.00
47.10
Sector distribution
%
Information Technology
Consumer Discretionary
Consumer Staples
Financials
Health Care
Industrials
Cash & equivalents
Total
32.47
21.58
18.87
9.95
9.07
1.75
6.31
100.00
Statistics (Class I shares)
%
Alpha
Beta
R squared
Information ratio
Tracking error
Fund volatility (Standard deviation)
Index volatility (Standard deviation)
(3.36)
1.03
0.76
(0.55)
6.06
12.44
10.57
Based on monthly observations, annualised over last 3 years.
Charges
Management Fee %
TER %
Z
I
A
AH
B
0.70
0.85
0.70
0.90
1.40
1.68
1.40
1.73
1.40
2.68
Please read in full including the footnotes and Important Information.
Morgan Stanley Investment Funds
US Advantage Fund
Share Class
A
AH
B
BH
C
I
Z
ZH
ZX
CCY
USD
EUR
USD
EUR
USD
USD
USD
EUR
USD
ISIN
LU0225737302
LU0266117927
LU0225744001
LU0341469269
LU0362496845
LU0225741247
LU0360484686
LU0360484769
LU0360613169
Bloomberg
MORAMFA LX
MORAMAH LX
MORAMFB LX
MORAMBH LX
MSAMRFC LX
MORAMFI LX
MORAMFZ LX
MORAMZH LX
MORAMZX LX
FACTSHEET | DATA AS OF September 30, 2014
Launch
01.12.2005
31.10.2006
01.12.2005
05.12.2008
28.07.2008
01.12.2005
05.09.2008
04.11.2008
04.06.2014
Footnotes
Publication date: 15 October 2014.
1
See the ‘Share Class’ section for inception date(s).
2
The benchmark for the Fund is a blend of the S&P 500 Index to 31 August 2009, the
Russell 1000 Growth Net 30% Withholding Tax TR Index to 31 March 2010 and the
S&P 500 Index thereafter. The benchmark is calculated by geometrically chain-linking
the monthly returns.
3
The benchmark for the Fund is a blend of the S&P 500 Index Euro Hedged to 31
August 2009, the Russell 1000 Growth Euro Hedged TR Index to 31 March 2010 and the
S&P 500 Index Euro Hedged thereafter. The benchmark is calculated by geometrically
chain-linking the monthly returns.
4
Dennis Lynch, David Cohen, Sam Chainani, Alexander Norton, Jason Yeung and
Armistead Nash started to manage the fund in June 2009.
Important information
This document has been prepared by Morgan Stanley Investment Management
Limited solely for informational purposes and does not seek to make any recommendation to buy or sell any particular security (including Shares in the Fund)
or to adopt any specific investment strategy. MSIM has not authorised financial
intermediaries to use and to distribute this document, unless such use and distribution
is made in accordance with applicable law and regulation. Additionally, financial
intermediaries are required to satisfy themselves that the information in this
document and an investment in Shares of the Fund is suitable for any person to
whom they provide this document in view of that person’s circumstances and
purpose. MSIM shall not be liable for, and accepts no liability for, the use or misuse
of this document by any such financial intermediary. If such a person considers an
investment in Shares of the Fund, she/he should always ensure that she/he has
satisfied herself/himself that she/he has been properly advised by that financial
intermediary about the suitability of an investment.
Past performance is not a reliable indicator of future results. Returns may increase
or decrease as a result of currency fluctuations. The value of the investments and
the income from them can go down as well as up and an investor may not get
back the amount invested. There are additional risks involved with this type of
investment. Please refer to the Prospectus and relevant Key Investor Information
for full risk disclosure.
This Financial Promotion has been issued and approved in the UK by Morgan Stanley
Investment Management Limited, 25 Cabot Square, Canary Wharf, London E14 4QA,
authorised and regulated by the Financial Conduct Authority.
This document contains information relating to the sub-funds (‘Funds’) of Morgan Stanley
Investment Funds, a Luxembourg domiciled Société d’Investissement à Capital Variable.
Morgan Stanley Investment Funds (the “Company”) is registered in the Grand Duchy of
Luxembourg as an undertaking for collective investment pursuant to Part 1 of the Law
of 17th December 2010, as amended. The Company is an Undertaking for Collective
Investment in Transferable Securities (“UCITS”).
This communication is only intended for and will only be distributed to persons
resident in jurisdictions where such distribution or availability would not be contrary
to local laws or regulations. In particular, the Shares are not for distribution in the
United States or to US persons.
If you are a distributor of the Morgan Stanley Investment Funds, some or all of the
funds, or Shares in individual funds, may be available for distribution. Please refer to
your sub-distribution agreement, for these details before forwarding fund information
to your clients.
Applications for shares in Morgan Stanley Investment Funds should not be made
without first consulting the current Prospectus, Key Investor Information Document
(KII), Annual Report and Semi-Annual Report (‘Offering Documents’), or other
documents available in your local jurisdiction, which are available free of charge
from the Registered Office: European Bank and Business Centre, 6B route de Trèves,
L-2633 Senningerberg, R.C.S. Luxemburg B 29 192. In addition, all Italian investors
should refer to the ‘Extended Application Form’, and all Hong Kong investors should
refer to the ‘Additional Information for Hong Kong Investors’ section, outlined within
the Prospectus.
Swiss investors are advised that the Prospectus, the Key Investor Information Document
(KIID), the Articles of Incorporation of the Company, the audited Annual Reports
and the unaudited Semi-Annual Reports may be obtained free of charge from the
Swiss representative. Morgan Stanley & Co. International plc, London, Zurich Branch,
Bahnhofstrasse 92, 8001 Zurich, is the Swiss representative of the Company and RBC
Investor Services Bank S.A., Esch-sur-Alzette, Zurich Branch, Badenerstrasse 567,
8048 Zurich, is the Swiss paying agent.
The source for all performance and index data is Morgan Stanley Investment Management Limited. Calculations are NAV to NAV. Performance is quoted net of fees and
with income reinvested.
For cash management purposes the Fund may invest in shares in the Liquidity Funds
of Morgan Stanley Liquidity Funds.
www.morganstanleyinvestmentfunds.com
© 2014 Morgan Stanley
CRC-771673 Exp. 11/29/2014