Morgan Stanley Investment Funds Global Infrastructure Fund
Transcription
Morgan Stanley Investment Funds Global Infrastructure Fund
Investment management FACTSHEET | DATA AS OF November 30, 2014 Morgan Stanley Investment Funds Global Infrastructure Fund Investment objective Fund facts Seeks long-term capital appreciation measured in US dollars, by investing primarily in equity securities issued by companies, for the avoidance of doubt including Real Estate Investment Trusts (REITS), located throughout the world, that are engaged in the infrastructure business. Fund launch Investment team Location Base currency Benchmark Share Class Z Risk and Reward profile Total assets NAV Class Z 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 Performance of 100 U.S. dollars invested since inception 250 Cash Value 200 150 100 Jun 10 Fund Sep 12 Returns in U.S. dollars vs. benchmark 1 Fund (net of fees) % One month Last three months YTD One year Three years (annualised) Since inception (annualised) Z A B Index 1.00 (1.00) 16.29 19.50 18.11 19.04 0.94 (1.17) 15.48 18.61 17.21 n/a 0.86 (1.43) 14.43 17.42 16.05 n/a 0.09 (2.16) 16.94 20.72 17.06 18.43 19.50 17.01 17.84 16.39 18.61 16.10 16.93 15.43 17.42 14.95 15.78 14.26 20.72 14.39 16.17 15.81 12 months to: November 2014 November 2013 November 2012 November 2011 Number of holdings 56 Top 10 holdings % 5.14 5.02 4.85 4.18 4.08 3.84 3.77 3.03 2.97 2.82 39.70 Geographic distribution Nov 14 Index Period Fund Portfolio characteristics ENBRIDGE INC KINDER MORGAN INC AMERICAN TOWER CORP NATIONAL GRID PLC CROWN CASTLE INTERNATIONAL COR WILLIAMS COS INC TRANSCANADA CORP ATLANTIA SPA SEMPRA ENERGY SPECTRA ENERGY CORP Total Class Z shares vs. benchmark 1 50 June 2010 Ted Bigman, Matt King New York U.S. dollars Dow Jones Brookfield Global Infrastructure Index $ 746.9 million $ 54.41 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. % United States Canada United Kingdom Australia France China Italy Austria Netherlands Other Cash & equivalents Total 45.24 9.30 6.94 5.92 5.39 4.89 4.80 2.54 2.51 6.38 6.09 100.00 Statistics (Class Z shares) % Alpha Beta R squared Information ratio Tracking error Fund volatility (Standard deviation) Index volatility (Standard deviation) 1.05 0.86 0.91 0.36 2.94 8.67 9.60 Based on monthly observations, annualised over last 3 years. Charges Management Fee % TER % Z A B 0.85 1.05 1.50 1.82 1.50 2.83 Please read in full including the footnotes and Important Information. Morgan Stanley Investment Funds Global Infrastructure Fund Share Class A AH B BH C CH I Z ZH ZHX CCY USD EUR USD EUR USD EUR USD USD EUR EUR ISIN LU0384381660 LU0512092221 LU0384385067 LU0512092577 LU0384385737 LU0512093203 LU0384383286 LU0384383872 LU0512093039 LU1022812173 Bloomberg MSGIEQA LX MSGBEAH LX MSGIEQB LX MSGBEBH LX MSGIEQC LX MSIFCHE LX MSGIEQI LX MSGIEQZ LX MSGIFZH LX MSGIZHX LX FACTSHEET | DATA AS OF November 30, 2014 Launch 14.06.2010 14.06.2010 14.06.2010 14.06.2010 14.06.2010 15.11.2012 18.12.2012 14.06.2010 19.01.2011 30.01.2014 Footnotes Publication date: 16 December 2014. 1 See the ‘Share Class’ section for inception date(s). 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. 02/16/2015