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- Overview
- Fund Facts
- Pricing & Performance
- Composition
- Portfolio Managers
- Resources
Overview
To provide long-term capital appreciation and growth by investing in securities listed on the Saudi Stock Exchange, Tadawul and in securities offered in the course of an Initial Public Offering (IPO) in the Kingdom of Saudi Arabia.
The manager of the Morgan Stanley Saudi Equity Fund (Fund Manager) employs an active investment strategy by selecting securities which it believes will appreciate in value based on an analysis of sector and/or the expected return or growth of individual securities.
When selecting security investments for the Morgan Stanley Saudi Equity Fund, the Fund Manager adopts a long-term approach, focusing on the market price of a company’s securities relative to the Fund Manager’s evaluation of the company’s potential long-term earnings, asset value and cash flow potential.
The Riyadh-based team believes that fundamentals-driven, stock-specific investing when carried out within the context of broad Saudi macroeconomic themes can be successful in creating value for investors. Furthermore, the current mix between retail and institutional investors creates intrinsic price anomalies that can be a potential source of additional returns. The team believes it can best exploit these anomalies by applying a top-down sector allocation and bottom up stock selection approach.
Risk management is an integral part of the investment process, conducted at stock, sector and portfolio levels. At the stock level, the team focuses on developing a comprehensive understanding of company’s fundamentals to minimize exposure to high risk or speculative stocks. At a sector level, the team monitors sector and industry allocations, with benchmark deviations confined to a defined range. At a portfolio level, tracking error is monitored.
Fund Facts
Pricing & Performance
Past performance is not indicative of future results. Please click here for additional performance disclosures and important information, which should be reviewed carefully.
Fees & Expenses
Average Annual Total Returns
As of
Past performance is not indicative of future results.
Historical Shareholder Flows
Daily Net Shareholder Flows
Risk/Return Statistics
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Past performance is not indicative of future results.
Average Annualised Monthly Yield (%)
Distributions
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Historical Information
Tax Character of Distributions
Historical Yields (Subsidized)
Risk & Reward Profile
Risk Profile
Composition
Composition
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May not sum to 100% due to the exclusion of other assets and liabilities.
May not sum to 100% due to the exclusion of other assets and liabilities.
Holdings
As of
Portfolio Characteristics
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Value/Anti-Value Portfolio Characteristics
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Total Leverage (%)
Team members may be subject to change at any time without notice.
Other Funds Managed by This Team
Resources
Past performance is not a guarantee of future performance. 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 special risk considerations associated with investing in emerging country securities including (1) restrictions on foreign investment, (2) currency fluctuations, (3) potential price volatility and lesser liquidity of shares, (4) political and economic risks, (5) settlement systems may be less well organized and less developed. There are also varying levels of government supervision and regulation of exchanges, financial institutions and issuers in various countries. In addition, accounting, auditing, financial and other reporting standards are not equivalent to those of more developed countries, and therefore less information may be available than in more developed countries.
Funds that specialize in a particular region or market sector are more risky than those which hold a very broad spread of investments. Where portfolio concentration is in one sector it is subject to greater risk and volatility than other portfolios that are more diversified and the value of its shares may be more substantially affected by economic events.
These investments are designed for investors who understand and are willing to accept these risks. Performance may be volatile, and an investor could lose all or a substantial portion of his or her investment.
Please click this hyperlink to the Terms & Conditions for further information regarding the principle risks, terms and conditions of investing in the Morgan Stanley Saudi Equity Fund.
