Fees & Expenses 3
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.
Pricing & Performance
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. The sources for all performance and Index data is Morgan Stanley Investment Management. Please click here for additional performance disclosures and important information, which should be reviewed carefully.
Average Annual Total Returns As of 31-Dec-2022 As of 31-Dec-2022
Average Annual Total Returns
Composition 4 As of 31-Dec-2022
Holdings As of 31-Dec-2022
Portfolio turnover is sourced from the fund's current prospectus. View current prospectus for the as of date.
May not represent all Investors.
Insights by Counterpoint Global
ROIC and Intangible Assets
We extend the analysis from our recent report, “Return on Invested Capital,” by adjusting ROIC for all companies to reflect intangible investment. While the median and aggregate ROIC for the adjusted figures is similar to the traditional one, the main result is that extremely high and low ROICs regress toward the mean. We believe these adjustments represent a step toward a more accurate view of the magnitude and return on investment.
Prospectus & Reports