Fact sheet: Morg Stnly Glbl Infrastructr

Fund information
Fund name
Morg Stnly Global Infrastructure B USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • Ted Bigmansince 13/06/2010
  • Matthew Kingsince 13/06/2010
Fund objective
Seeks long-term capital appreciation measured in US dollars, by investing primarily in equity securities issued by companies, for the avoidance of doubt including Real Estate Investment Trusts (REITS), located throughout the world, that are engaged in the infrastructure business.
Benchmark
  • Dow Jones Brookfield Global Infrastructure Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.2%
1 Year rank in sector
5/42
Sector
FO Equity - Other Specialist
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.8%
Fund size
£784m (£596m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
110
Top in this sector
Fund name1 Year
Fidelity Global Indus45.3%
Franklin Glbl List Inf28.2%
AMP Cap Gbl Lis Infr20.3%
Fidelity Gbl Csmr Inds17%
JB EF Luxury Brands12.8%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • USA42.9%
    UK13.4%
    Canada10.7%
    Spain7.6%
    China6.3%
  • Oil & Gas Equipment & Services33.4%
    Infrastructure16.2%
    Communications12.9%
    Electricity Supply9.7%
    Alternative & Renewable Energy9.5%
  • US Equities42.9%
    UK Equities13.4%
    Canadian Equities10.7%
    Spanish Equities7.6%
    Chinese Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-8.8%-4%12.2%8.9%44.9%
Sector-0.4%-4.4%0.7%2.2%11.1%33.9%
Rank within sector29 / 4335 / 4534 / 445 / 4226 / 3811 / 28
Quartile3rd4th4th1st3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%-16.1%13.8%16.7%13.7%
Sector2.9%-1.9%8.4%11%10.7%
Rank within sector6 / 4240 / 4112 / 3814 / 3316 / 28
Quartile1st4th2nd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.5
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.08
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.01
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.99
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.07
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.66
Price movement
52 week high51.11
52 week low37.67
Current bid price-
Current offer price-
Current mid price46.15
Region
1USA42.87%
2UK13.43%
3Canada10.67%
4Spain7.58%
5China6.35%
6France4.48%
7Money Market3.83%
8Australia3.66%
9Italy2.51%
Industry sector
1Oil & Gas Equipment & Services33.35%
2Infrastructure16.18%
3Communications12.87%
4Electricity Supply9.72%
5Alternative & Renewable Energy9.52%
6Others7.98%
7Water6.56%
8Cash & Cash Equivalents3.83%
Asset type
1US Equities42.87%
2UK Equities13.43%
3Canadian Equities10.67%
4Spanish Equities7.58%
5Chinese Equities6.35%
6French Equities4.48%
7Money Market3.83%
8Australian Equities3.66%
9Italian Equities2.51%
Individual holdings
1ENBRIDGE ENERGY MANAGEMENT LLC9.98%
2JOHN LAING GROUP PLC6.39%
3AMERICAN TOWER CORP5.2%
4SAETA YIELD SA4.34%
5TRANSCANADA CORP4.09%
6PATTERN ENERGY GROUP INC4.07%
7NATIONAL GRID3.99%
8CROWN CASTLE INTERNATIONAL CORP3.97%
9ENBRIDGE INC3.92%
Management
Fund manager group
Morgan Stanley
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund objective
Seeks long-term capital appreciation measured in US dollars, by investing primarily in equity securities issued by companies, for the avoidance of doubt including Real Estate Investment Trusts (REITS), located throughout the world, that are engaged in the infrastructure business.
Benchmark
  • Dow Jones Brookfield Global Infrastructure Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ted Bigman13/06/2010Ted joined Morgan Stanley in 1995 and has 26 years of investment experience. He is a Managing Director at Morgan Stanley Investment Management and is the Head of Global Real Estate Securities Investing. Ted is the portfolio manager for the U.S. and global real estate securities portfolios and oversees the global team, which has investment teams in New York, Amsterdam and Singapore. Ted is also the lead portfolio manager for the Global Infrastructure Securities strategy. The teams have over $20 billion of assets under management in these strategies. Prior to joining the Firm in 1995, he was a Director at CS First Boston, where he worked for eight years in the real estate investment banking group. He established and managed the REIT effort at CS First Boston, and had primary responsibility for $2.5 billion of REIT initial public offerings. Ted also worked at Bain & Company as an Associate Consultant for two years. Ted received a B.A. from Brandeis University in Economics and an M.B.A. from Harvard Business School and studied at the London School of Economics. He was the 2011 recipient of the Industry Achievement Award from the National Association of Real Estate Investment Trusts, the leading REIT industry group, for his approach to securities research on listed real estate companies, which has been influential in making REITs a standard component of institutional real estate portfolios.
Matthew King13/06/2010Matthew King joined Morgan Stanley in 2008 and has nine years of financial industry experience. He is a Vice President at Morgan Stanley Investment Management and is co-portfolio manager for the Global Infrastructure Securities team. Since joining the Firm, Matt has worked extensively on analyzing the global infrastructure sector and constructing proprietary research models for the companies that comprise the global infrastructure investable universe. Matt is also a research analyst for the Global Real Estate Securities team where he focuses on real-estate debt and asset-based operating companies. Previously, Matt worked at Bear Stearns in a variety of roles including investment banking, capital markets, and research during which time he provided research and analytical support for a number of infrastructure-related financings. Matt received a B.A. from Occidental College in Diplomacy and World Affairs and an M.B.A. from Columbia Business School.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Morg Stnly Global Infrastructure A USD
Initial charge5.75%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price49.25
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYI6
Morg Stnly Global Infrastructure A USD EUR
Initial charge5.75%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price45.84
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZS9
Morg Stnly Global Infrastructure AH EUR
Initial charge5.75%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price47.09
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYI7
Morg Stnly Global Infrastructure B USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price46.15
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYI8
Morg Stnly Global Infrastructure B USD EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price42.96
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZT0
Morg Stnly Global Infrastructure BH EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.84%
Total expense ratio (TER)2.84%
Bid price-
Offer price-
Mid price44.18
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYI9
Morg Stnly Global Infrastructure C USD
Initial charge-
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.6%
Bid price-
Offer price-
Mid price46.75
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJYJ0
Morg Stnly Global Infrastructure C USD EUR
Initial charge-
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.6%
Bid price-
Offer price-
Mid price43.52
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZT1
Morg Stnly Global Infrastructure CH EUR
Initial charge-
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.64%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price31.63
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0BR
Morg Stnly Global Infrastructure I USD
Initial charge3%
Annual charge0.85%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price32.57
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3AM
Morg Stnly Global Infrastructure I USD EUR
Initial charge3%
Annual charge0.85%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price30.32
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3AN
Morg Stnly Global Infrastructure Z USD
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price51.82
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJYJ1
Morg Stnly Global Infrastructure Z USD EUR
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price48.24
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZT2
Morg Stnly Global Infrastructure ZH EUR
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price42
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMLV4
Morg Stnly Global Infrastructure ZHX EUR
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price27.71
CurrencyEUR
Price updated17/12/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFGVU
Morg Stnly Global Infrastructure ZR USD
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price24.68
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC2GD
Morg Stnly Global Infrastructure ZR USD EUR
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price22.97
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC2GE
Morg Stnly Global Infrastructure ZX USD
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price24.2
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9FC
Morg Stnly Global Infrastructure ZX USD EUR
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price22.53
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9FA
Morg Stnly Global Infrastructure ZX USD GBP
Initial charge1%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price16.77
CurrencyGBP
Price updated04/02/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9FB
Data provided by

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