Investors need to consider the investment objectives, risks, charges and expenses of a UIT carefully before investing. The prospectuses on this website contain this and other information about the UIT. To obtain a prospectus, please use the links on this website or contact a Financial Advisor. Investors should read the prospectus carefully before investing.
Each thematic basket is a unit investment trust (“UIT”) that holds a fixed portfolio of securities for a specified term. Due to its buy-and-hold strategy, each UIT will continue to purchase or hold securities, notwithstanding the fact that Morgan Stanley may revise its opinion with respect to any individual security based on the selection process employed by Morgan Stanley or any subsequent analysis. In particular, any subsequent creation of a similar type of list of securities or an update of any above referenced selection process by Morgan Stanley will not affect the composition of a UIT.
Investors will pay the full amount of any organizational charge, and in brokerage, also the full amount of any sales charge, if the investor redeems their investment in a UIT prior to the termination date.
Companies paying dividends can reduce or cut payouts at any time.
There is no assurance that employing ESG strategies will result in more favorable investment performance; Because ESG criteria generally exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria.
Unit prices will fluctuate and there is no assurance that prices will appreciate and not decline over the life of a UIT. UITs that invest significantly in one or more sectors tend to be more volatile than investments that diversify across many sectors. There is no assurance that a unit investment trust will achieve its investment objective.
UITs issue redeemable securities or “units” at prices based on net asset value less any remaining deferred sales charge and/or other charges as applicable. Clients should consider the tax implications of investing in successive portfolios if one is available. Morgan Stanley Smith Barney LLC and its affiliates do not provide tax or legal advice.
© 2023 Morgan Stanley Smith Barney LLC. Member SIPC.