• The Fund invests primarily in equity securities of companies in the world’s developed countries.
  • Investment involves risks. Key risks for this fund include Risk of Investment in Equity, Exchange Rate Risk, Emerging Market Risk and Risk of Exposure to the Euro and Eurozone.
  • There is a risk that you may potentially lose your entire investment in this Fund.
  • The investment decision is yours but you should not invest unless the intermediary who sells it to you has advised you that it is suitable for you and has explained why, including how buying it would be consistent with your investment objectives. You should not make any investment decision solely based on this document. Please read the relevant offering document carefully for further fund details including risk factors.

 

Your investment solution
in an uncertain world

The MS INVF Global Brands Fund invests in high
quality companies with pricing power.

A History of Outperformance

With a portfolio of 20-40 stocks, the Fund has been successfully delivering competitive returns with defensive characteristics for over 15 years. As the chart shows, our investment strategy has historically matched the index during up markets, but our most significant outperformance is concentrated in down markets, when it is needed the most.

Rolling 3 Year Periods vs. MSCI World, Quarterly 
Since Inception through June 30, 2021


Source: Morgan Stanley Investment Management. Data as of June 30, 2021. Data updated annually. Past performance is not a reliable indicator of future results. The portfolio returns represent the MS INVF Global Brands Fund, I Share. 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 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. Performance returns reflect the average annual rates of return. Periods less than 1 year are not annualised. Performance returns are compared to the MSCI World Net Index and are considered to be a relevant comparison to the portfolio. Comparisons of performance assume the reinvestment of all dividends and income. The inception date of the MS INVF Global Brands Fund I Share Class is October 30, 2000.

 

Why Quality Matters

 

Discover 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.
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.

Interested in learning more? Please contact us today.

Contact Us
 

Calendar Year Returns (%) 2020 2019 2018 2017 2016
Class I Shares 12.70 29.26 -2.04 26.00 5.11
MSCI World Net Index 15.90 27.67 -8.71 22.40 7.51

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 visit our Glossary page for fund related terms and definitions.

RISK WARNINGS

  • 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.
  • 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.

DEFINITION

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.

This marketing communication has been issued by MSIM Fund Management (Ireland) Limited. MSIM Fund Management (Ireland) Limited is regulated by the Central Bank of Ireland. MSIM Fund Management (Ireland) Limited is incorporated in Ireland as a private company limited by shares with company registration number 616661 and has its registered address at The Observatory, 7-11 Sir John Rogerson's Quay, Dublin 2, D02 VC42, Ireland.

Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus and key investor information document (KIID) contains this and other information about the fund. Please read the prospectus and KIID carefully before you invest.