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- Overview
- Fund Facts
- Pricing & Performance
- Composition
- Portfolio Managers
- Resources
Overview
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.
Fund Facts
Pricing & Performance
Past Performance is not a reliable indicator of future results. The net performance data shown is calculated net of annual fees. The gross performance data shown does not take into account the fees charged on the fund, had fees and charges been taken into account, the returns would have been lower.
Fees & Expenses 2
Ongoing Charges reflect the payments and expenses incurred during the fund's operation and are deducted from the assets of the fund over the period. It includes fees paid for investment management (Management Fee), trustee/custodian, and administration charges.
Average Annual Total Returns
As of
Historical Shareholder Flows
Daily Net Shareholder Flows
Risk/Return Statistics
As of
Average Annualised Monthly Yield (%)
Distributions
As of
Historical Information
Tax Character of Distributions
Historical Yields (Subsidized)
Risk & Reward Profile
Risk Profile
Currency risk: The fund does not intend to use currency swaps to purchase securities that are denominated in a currency other than the base currency of the fund.
Composition 3
Composition
As of
May not sum to 100% due to rounding. Breakdown by Rating/Final Maturity (%) reflects the final maturity date for the underlying securities in the portfolio.
Geography
As of
May not sum to 100% due to rounding.
Holdings
As of
Portfolio Characteristics
As of
Value/Anti-Value Portfolio Characteristics
As of
Total Leverage (%)
Team members may be subject to change at any time without notice.
Other Funds Managed by This Team
Resources
Daily Holdings report is available upon request from your relationship manager.
All prospective investors should refer to the MSLF prospectus before investing.
Applications for shares in the Fund should not be made without first consulting the current Prospectus and the Key Information Document ("KID") or Key Investor Information Document (“KIID”), which are available in English and in the official language of your local jurisdiction at www.morganstanley.com/im or free of charge from the Registered Office of Morgan Stanley Liquidity Funds, European Bank and Business Centre, 6B route de Trèves, L-2633 Senningerberg, R.C.S. Luxemburg B 29 192. A summary of investor rights is available in English at the same website.
Information in relation to sustainability aspects of the Fund and the summary of investor rights is available at the aforementioned website.
If the management company of the relevant Fund decides to terminate its arrangement for marketing that Fund in any EEA country where it is registered for sale, it will do so in accordance with the relevant UCITS rules.
Please visit our Glossary page for fund related terms and definitions.
Performance data quoted is based on average annualized returns and net of fee.
Performance data for funds with less than one year's track record is not shown. Performance is calculated net of fees. YTD performance data is not annualised. Performance of other share classes, when offered, may differ. Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing.
Past performance should not be construed as a guarantee of future performance. Performance of the Morgan Stanley Liquidity Funds is calculated net of fees. Returns may increase or decrease as a result of currency fluctuations.
It is important you read the legal information page before proceeding as it explains in which countries the Morgan Stanley Liquidity Funds are authorised for sale and where this website is directed.
IMPORTANT RATINGS DISCLOSURES
Ratings represent the opinions of the rating agency as to the quality of the securities they rate. Standard & Poor's, Moody's, Fitch and NAIC ratings rate the investment quality of the fund's shares. Independent rating agency ratings include, but are not limited to, a regular analysis of a fund's liquidity, diversification, operational policies and internal controls, its management characteristics and the creditworthiness of its assets.
Ratings are not intended as a recommendation and are subject to change. Ratings are relative and subjective and are not absolute standards of quality. The portfolio's credit quality does not remove market risk.
Fitch Rating's money market fund ratings are an opinion as to the capacity of a money market fund to preserve principal and provide shareholder liquidity. Money market fund ratings are distinguished from the long-term credit-rating scale by the ‘mmf’ rating subscript and range from ‘AAAmmf’ to ‘Bmmf’. For more information, please visit: https://www.fitchratings.com/creditdesk/public/ratings_defintions/index.cfm.
Moody's Investors Services Inc.'s money market fund ratings are opinions of the investment quality of shares in mutual funds and similar investment vehicles which principally invest in short-term fixed income obligations. As such, these ratings incorporate Moody's assessment of a fund's published investment objectives and policies, the creditworthiness of the assets held by the fund, the liquidity profile of the fund's assets relative to the fund's investor base, the assets' susceptibility to market risk, as well as the management characteristics of the fund. For more information, please visit: https://v3.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004.
Standard & Poor's money market fund ratings are forward-looking opinions about a fixed-income fund's capacity to maintain stable principal (net asset value). When assigning a principal stability rating to a fund, Standard & Poor's analysis focuses primarily on the creditworthiness of the fund's investments and counterparties, and also its investments maturity structure and management's ability and policies to maintain the fund's stable net asset value. For more information, please visit: https://www.spglobal.com/ratings/en/credit-ratings/about/understanding-credit-ratings.
The Institutional Money Market Funds Association (IMMFA) funds are European money market funds triple-A rated by one or more of the ratings agencies such as Fitch Ratings, Standard & Poor's and Moody's Investor Service to ensure continued compliance with rating criteria. Only this type of fund is awarded the lowest susceptibility to interest-rate volatility. For complete information on the methodology used by IMMFA please visit: https://www.immfa.org
The Fund also maintains a high quality credit profile by continuously performing a strict credit quality assessment on each Issuer and the money market instruments, securitizations and ABCPs in which it invests pursuant to its credit quality assessment procedure as further described in the prospectus of the Fund.
1 'Fund launch date' refers to the launch of Morgan Stanley Funds p.l.c. US Dollar Treasury Liquidity Fund, which merged into Morgan Stanley Liquidity Funds on June 17, 2013.
2 The Minimum Initial Investment/Minimum Subsequent Investment amounts may be in US Dollars (or the Euro or Sterling equivalent of the US Dollar amount). For more information please see the Charges and Expenses section of the prospectus.
3 May not sum to 100% due to rounding.
* The Mark to Market NAV is a calculation of the underlying aggregate value of the securities in a fund's portfolio using current market quotes or other performance metrics. It is important to note this is being provided for informational use only and investors cannot transact on the mark to market NAV. The Morgan Stanley Liquidity funds continue to operate at a stable net asset value in their distributing shares utilising amortised cost accounting.
Each Fund is authorised to invest up to 100% of its assets in Money Market Instruments issued or guaranteed separately or jointly by a Sovereign Entity and by any other member states of the OECD and their central authorities or central banks subject to certain conditions. Please see Prospectus for further details.
External credit ratings solicited and paid for by the Manager of the Funds.
The Fund is not a guaranteed investment and is different from an investment in deposits. The Fund does not rely on external support for guaranteeing the liquidity of the Fund or stabilising the NAV per share. The value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested.
