GLOBAL SUSTAIN

Strong on Engagement,
Light on Carbon,
Built on Quality

Being Principled,
Without Sacrificing Return
William Lock explains how portfolios can deliver on performance and principles.
 
1

Strong on engagement1

We engage directly–and often–with the management of companies we own. This gives us significant influence in key issues, including ESG-oriented ones.

 
 
 
2

Light on carbon2

Global Sustain is a reduced carbon intensity portfolio, with less than 10% of the carbon footprint of an average company in the MSCI World Index.

 
 
 
3

Built on quality3

The team seeks sustainably high return businesses that can compound over long periods. This has historically resulted in a portfolio that had higher returns on operating capital and greater margin stability than its ESG peers.

 

Source: FactSet, MSCI ESG, Morgan Stanley Investment Management.

1 All interactions between International Equity Team portfolio managers and company management or non-executive board members from January 1, 2018 – December 31, 2018 where material E, S, or G factors discussed. Data updated annually.

2 MSCI ESG Research defines a portfolio's carbon footprint as the carbon emissions (Scope 1 and 2) of a portfolio per million dollars invested. They sum up all the emissions in a portfolio based on the investor's ownership share, using reported or estimated emissions data. As of 12/31/2018.

3 ROOCE (Return on Operating Capital Employed) = EBITA (Earnings Before Interest, Taxes and Amortization)/PPE (Property, Plant, Equipment) + Trade Working Capital (excludes goodwill). Ex-Financials. As of 3/31/2019.

Source: FactSet, MSCI ESG, Morgan Stanley Investment Management.

1 All interactions between International Equity Team portfolio managers and company management or non-executive board members from January 1, 2018 – December 31, 2018 where material E, S, or G factors discussed. Data updated annually.

2 MSCI ESG Research defines a portfolio's carbon footprint as the carbon emissions (Scope 1 and 2) of a portfolio per million dollars invested. They sum up all the emissions in a portfolio based on the investor's ownership share, using reported or estimated emissions data. As of 12/31/2018.

3 ROOCE (Return on Operating Capital Employed) = EBITA (Earnings Before Interest, Taxes and Amortization)/PPE (Property, Plant, Equipment) + Trade Working Capital (excludes goodwill). Ex-Financials. As of 3/31/2019.


Fully Integrated ESG Process

 

Free of Tobacco, Alcohol, Gambling, Adult Entertainment, and Controversial Weapons or Firearms

 

Free of Fossil Fuels,
Bulk Commodities and
Gas or Electric Utilities

 

Learn More

TEAM PROFILE
Meet the International Equity Team
Led by William Lock
The International Equity team follows a disciplined investment process based on fundamental analysis and bottom-up stock selection.
Fund
MS INVF Global Sustain Fund

Strong on Engagement. Light on Carbon. Built on Quality.

Fund
MS INVF Global Brands Fund

Capital growth. Earnings resilience. Reduced downside participation.

Insights
International Equity Team Insights
Keep abreast of the fast changing world and look ahead for investment opportunities with the team's insight papers and videos.
Fund
MS INVF Global Brands Equity Income Fund

Income, the Right Way

Fund
MS INVF Global Quality Fund

Quality that stands out.

Interested in learning more? Please contact us today.

Contact Us
 

RISK CONSIDERATIONS

  • The fund relies on other parties to fulfill certain services, investments or transactions. If these parties become insolvent, it may expose the fund to financial loss.
  • There may be an insufficient number of buyers or sellers which may affect the funds ability to buy or sell securities.
  • Investment in China A-Shares via Shanghai-Hong Kong Stock Connect program may also entail additional risks, such as risks linked to the ownership of shares.
  • Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. The value of investments and the income from them can go down as well as up and investors may lose all or a substantial portion of his or her investment.
  • The value of the investments and the income from them will vary and there can be no assurance that the Fund will achieve its investment objectives.
  • Investments may be in a variety of currencies and therefore changes in rates of exchange between currencies may cause the value of investments to decrease or increase. Furthermore, the value of investments may be adversely affected by fluctuations in exchange rates between the investor’s reference currency and the base currency of the investments.

INDEX INFORMATION
The MSCI World Net Index is a free float adjusted market capitalization weighted index that is designed to measure the global equity market performance of developed markets. The term “free float” represents the portion of shares outstanding that are deemed to be available for purchase in the public equity markets by investors. The performance of the Index is listed in U.S. dollars and assumes reinvestment of net dividends. The index is unmanaged and does not include any expenses, fees or sales charges. It is not possible to invest directly in an index.

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