US Dollar Liquidity Fund

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Management

		Dale Albright

		Dale is a senior portfolio manager of various Morgan Stanley taxable money market funds. He joined Morgan Stanley in 1990 and has 20 years of investment experience. Prior to joining the firm, he was a fixed income research analyst at Paine Webber, Inc. and an assistant financial analyst at Prudential Insurance Company. Dale received a B.A. in economics and business from Lafayette College and an M.B.A. in finance from Columbia Business School. He holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.

		Jonas Kolk

		Jonas is a senior portfolio manager of various Morgan Stanley taxable money market funds. He joined Morgan Stanley in 2004 and has 16 years of investment experience. Prior to joining the firm, he was a senior portfolio manager at AIG Capital Markets and Chase Asset Management and a money market trader at Metropolitan Life Insurance Co. Jonas received a B.S. in finance from the State University of New York, Albany and an M.B.A. from Fordham University Graduate School of Business.

		Michael Davey

		Michael is a portfolio manager for various Morgan Stanley taxable money market funds. He joined Morgan Stanley in 1994 and has 16 years of investment experience. Prior to joining the firm, he was an investment analyst at Hartford SteamBoiler Inspection and Insurance Company and the Norwich Savings Society. Michael received a B.S. in geological oceanography from the Florida Institute of Technology and an M.B.A. in finance from the University of Connecticut. He holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.

		Elsa Doyle

		Elsa is a portfolio manager of various Morgan Stanley taxable money market funds. She joined Morgan Stanley in 1999 and has 11 years of investment experience. Prior to joining the firm, she was assistant vice president / analyst at Thomson Financial BankWatch, Inc. and financial bank examiner at the Federal Reserve Bank of New York. Elsa received a B.A. in economics and finance from Pennsylvania State University. She holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.