Caron’s Corner

WENN ES SICH BEI IHNEN UM EINE EINZELPERSON HANDELT, DIE EIN „KLEINANLEGER“ IM SINNE DER RICHTLINIE 2011/61/EU (AIFMD) IST, ODER WENN SIE EIN ANLEGER SIND, DER NICHT DER DEFINITION EINES „ PROFESSIONELLEN ANLEGERS“ (WIE NACHSTEHEND DEFINIERT) ENTSPRICHT, UND SIE FRAGEN ZU EINER ANLAGE IN PRODUKTEN VON MORGAN STANLEY INVESTMENT MANAGEMENT HABEN, SOLLTEN SIE SICH AN EINEN ZUGELASSENEN FINANZBERATER ODER -VERMITTLER WENDEN. WENN SIE SICH AN KEINEN ZUGELASSENEN FINANZBERATER ODER -VERMITTLER WENDEN KÖNNEN UND UNTERSTÜTZUNG BENÖTIGEN, SENDEN SIE BITTE EINE E-MAIL AN CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL / PROFESSIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM

SI VOUS ÊTES UNE PERSONNE PHYSIQUE CONSIDÉRÉE COMME UN « INVESTISSEUR DE DÉTAIL » AU SENS DE LA DIRECTIVE 2011/61/UE (« AIFM »), OU SI VOUS ÊTES UN INVESTISSEUR QUI NE RÉPOND PAS À LA DÉFINITION D’UN « INVESTISSEUR PROFESSIONNEL » (TEL QUE DÉFINI CI-DESSOUS), ET QUE VOUS AVEZ DES QUESTIONS RELATIVES À UN INVESTISSEMENT DANS LES PRODUITS DE MORGAN STANLEY INVESTMENT MANAGEMENT, NOUS VOUS INVITONS À CONTACTER UN CONSEILLER FINANCIER OU UN INTERMÉDIAIRE AGRÉÉ. SI VOUS NE PARVENEZ PAS À CONTACTER UN CONSEILLER FINANCIER OU UN INTERMÉDIAIRE FINANCIER AGRÉÉ ET QUE VOUS AVEZ BESOIN D’AIDE, VEUILLEZ ENVOYER UN E-MAIL À CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL / PROFESSIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM

SI VOUS ÊTES UNE PERSONNE PHYSIQUE CONSIDÉRÉE COMME UN « INVESTISSEUR DE DÉTAIL » AU SENS DE LA DIRECTIVE 2011/61/UE (« AIFM »), OU SI VOUS ÊTES UN INVESTISSEUR QUI NE RÉPOND PAS À LA DÉFINITION D’UN « INVESTISSEUR PROFESSIONNEL » (TEL QUE DÉFINI CI-DESSOUS), ET QUE VOUS AVEZ DES QUESTIONS RELATIVES À UN INVESTISSEMENT DANS LES PRODUITS DE MORGAN STANLEY INVESTMENT MANAGEMENT, NOUS VOUS INVITONS À CONTACTER UN CONSEILLER FINANCIER OU UN INTERMÉDIAIRE AGRÉÉ. SI VOUS NE PARVENEZ PAS À CONTACTER UN CONSEILLER FINANCIER OU UN INTERMÉDIAIRE FINANCIER AGRÉÉ ET QUE VOUS AVEZ BESOIN D’AIDE, VEUILLEZ ENVOYER UN E-MAIL À CSLUX@MORGANSTANLEY.COM

WENN ES SICH BEI IHNEN UM EINE EINZELPERSON HANDELT, DIE EIN „KLEINANLEGER“ IM SINNE DER RICHTLINIE 2011/61/EU (AIFMD) IST, ODER WENN SIE EIN ANLEGER SIND, DER NICHT DER DEFINITION EINES „ PROFESSIONELLEN ANLEGERS“ (WIE NACHSTEHEND DEFINIERT) ENTSPRICHT, UND SIE FRAGEN ZU EINER ANLAGE IN PRODUKTEN VON MORGAN STANLEY INVESTMENT MANAGEMENT HABEN, SOLLTEN SIE SICH AN EINEN ZUGELASSENEN FINANZBERATER ODER -VERMITTLER WENDEN. WENN SIE SICH AN KEINEN ZUGELASSENEN FINANZBERATER ODER -VERMITTLER WENDEN KÖNNEN UND UNTERSTÜTZUNG BENÖTIGEN, SENDEN SIE BITTE EINE E-MAIL AN CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL / PROFESSIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM

PER I SOGGETTI CLASSIFICATI COME “INVESTITORI RETAIL” AI SENSI DELLA DIRETTIVA 2011/61/UE (“AIFMD”), O GLI INVESTITORI CHE NON RIENTRANO NELLA DEFINIZIONE DI “INVESTITORI ISTITUZIONALI/PROFESSIONALI” (SECONDO LA DEFINIZIONE FORNITA DI SEGUITO), E CHE NECESSITANO DI EVENTUALI CHIARIMENTI IN MERITO A UN INVESTIMENTO NEI PRODOTTI DI MORGAN STANLEY INVESTMENT MANAGEMENT, È CONSIGLIABILE RIVOLGERSI A UN CONSULENTE O INTERMEDIARIO FINANZIARIO AUTORIZZATO. QUALORA NON SIA POSSIBILE RIVOLGERSI A UN CONSULENTE O INTERMEDIARIO FINANZIARIO AUTORIZZATO E SI NECESSITI DI ASSISTENZA, INVIARE UN’E-MAIL ALL’INDIRIZZO CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL / PROFESSIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM

SI ES USTED UNA PERSONA FÍSICA "INVERSOR PARTICULAR" CONFORME AL SIGNIFICADO QUE SE LE ATRIBUYE A ESTE TÉRMINO EN LA DIRECTIVA 2011/61/UE (“AIFMD”) O SI ES USTED UN INVERSOR QUE POR LO DEMÁS NO SE AJUSTA A LA DEFINICIÓN QUE SE LE ATRIBUYE A CONTINUACIÓN AL TÉRMINO "INVERSOR INSTITUCIONAL / PROFESIONAL", Y TIENE CONSULTAS RELATIVAS A UNA INVERSIÓN EN PRODUCTOS DE MORGAN STANLEY INVESTMENT MANAGEMENT, PÓNGASE EN CONTACTO CON UN INTERMEDIARIO O UN ASESOR FINANCIERO AUTORIZADO. EN CASO DE QUE NO PUEDA PONERSE EN CONTACTO CON UN INTERMEDIARIO O UN ASESOR FINANCIERO AUTORIZADO Y PRECISA DE ASISTENCIA, ENVÍE UN MENSAJE DE CORREO ELECTRÓNICO A CSLUX@MORGANSTANLEY.COM

IF YOU ARE AN INDIVIDUAL WHO IS A ‘RETAIL INVESTOR’ WITHIN THE MEANING OF DIRECTIVE 2011/61/EU (“AIFMD”), OR IF YOU ARE AN INVESTOR WHO OTHERWISE DOES NOT MEET THE DEFINITION OF ‘INSTITUTIONAL / PROFESSIONAL INVESTOR’ (AS DEFINED BELOW), AND YOU HAVE QUERIES RELATING TO AN INVESTMENT IN MORGAN STANLEY INVESTMENT MANAGEMENT PRODUCTS, YOU SHOULD CONTACT AN AUTHORISED FINANCIAL ADVISER OR INTERMEDIARY. IF YOU ARE UNABLE TO CONTACT AN AUTHORISED FINANCIAL ADVISOR OR INTERMEDIARY AND REQUIRE ASSISTANCE, PLEASE SEND AN EMAIL TO CSLUX@MORGANSTANLEY.COM