Fact sheet: Morg Stnly Global Advantage

Fund information
Fund name
Morg Stnly Global Advantage B USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • David S Cohensince 31/01/2013
  • Jason Yeungsince 31/01/2013
  • Sam Chainanisince 31/01/2013
  • Alexander Nortonsince 31/01/2013
  • Armistead Nashsince 31/01/2013
  • Dennis Lynchsince 31/01/2013
Fund objective
Seeks long-term capital appreciation, measured in U.S. dollars, by investing primarily in securities issued by companies on a global basis.
Benchmark
  • MSCI All Country World Index NR USD
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.2%
1 Year rank in sector
240/472
Sector
FO Equity - International
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.
2.9%
Fund size
£9m (£8m 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.
101
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq47.8%
Sanlam Prv Wlt Glbl HgQul39.5%
SKAGEN Focus35.4%
Veritas Global Equity Income35.2%
JOHCM Gbl Opps34.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA56%
    France12.9%
    China7.6%
    UK7.1%
    Switzerland5%
  • Internet22%
    Retail16.7%
    Luxury Goods11.9%
    Foods10.9%
    Financial Services5.9%
  • US Equities56%
    French Equities12.9%
    Chinese Equities7.6%
    UK Equities7.1%
    Swiss Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%12%11.3%8.2%12.6%-
Sector-0.1%7.7%7.1%8.6%18.1%59.1%
Rank within sector122 / 49478 / 48996 / 484240 / 472256 / 375-
Quartile1st1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.9%2.4%-0.3%--
Sector5%0.7%6%21.3%12.7%
Rank within sector269 / 478185 / 433339 / 390--
Quartile3rd2nd4th
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.
-2.81
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.
1.3
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.
0.21
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%.
13.39
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.
5
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.
-0.19
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.
0.91
Price movement
52 week high32.47
52 week low26.47
Current bid price-
Current offer price-
Current mid price32.07
Region
1USA56.02%
2France12.87%
3China7.58%
4UK7.1%
5Switzerland4.99%
6Japan3.01%
7Spain2.73%
8Money Market2.31%
9Germany1.69%
Industry sector
1Internet22.02%
2Retail16.69%
3Luxury Goods11.87%
4Foods10.95%
5Financial Services5.92%
6Information Technology4.55%
7Hardware3.64%
8Household Goods2.96%
9Pharmaceuticals2.76%
Asset type
1US Equities56.02%
2French Equities12.87%
3Chinese Equities7.58%
4UK Equities7.1%
5Swiss Equities4.99%
6Japanese Equities3.01%
7Spanish Equities2.73%
8Money Market2.31%
9German Equities1.69%
Individual holdings
1AMAZON.COM INC8.96%
2CHRISTIAN DIOR SE8.25%
3FACEBOOK INC7.85%
4NESTLE SA4.99%
5ALPHABET INC3.95%
6S&P GLOBAL INC3.73%
7APPLE INC3.64%
8HERMES INTERNATIONAL3.62%
9TENCENT HLDGS LIMITED3.56%
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 U.S. dollars, by investing primarily in securities issued by companies on a global basis.
Benchmark
  • MSCI All Country World Index NR USD
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David S Cohen31/01/2013David joined Morgan Stanley in 1993 and has 17 years of investment experience. He is a portfolio manager for our small cap growth strategy and co-manager of our mid-, large- and multi-cap growth strategies. Prior to joining the Firm, he was a senior fund accountant at Alliance Capital. Previously, he was a fund accountant at NatWest and Wall Street Trust. David received a B.S., Summa Cum Laude, from Pace University in Management.
Jason Yeung31/01/2013Yeung is an executive director and portfolio manager of Van Kampen. He has been a portfolio manager at Van Kampen since 2007 and has over 11 years of investment experience. He was a research analyst and member of the U.S. Research Group from 2002 to 2004.
Sam Chainani31/01/2013Sam joined Morgan Stanley in 1996. He is a co-manager on our small-, mid-, large-, and multi-cap strategies. Previously he was a strategy specialist for our small- and mid-cap growth strategies. He received a B.S. from Binghamton University in Management with a concentration in Finance. He holds the Chartered Financial Analyst designation.
Alexander Norton31/01/2013Norton, executive director, has been associated with Van Kampen Asset Management in an investment management capacity since 2000. Before that, he joined Morgan Stanley in 1999 and has 11 years of investment experience. Prior to joining the Firm, he was an associate in Equity Derivative Sales and later an associate in Equity Research at Donaldson Lufkin & Jenrette. Previously, he was a Bond Broker with Cantor Fitzgerald.
Armistead Nash31/01/2013
Dennis Lynch31/01/2013Dennis joined Morgan Stanley in 1997 and has 10 years of investment experience. He is the head of the New York based U.S. Growth team, as well as lead portfolio manager for our mid-, large- and multi-cap growth strategies, and co-manager of our small cap growth strategy. Prior to joining the Firm, he worked as a sell side analyst for JPMorgan Securities. Dennis received a B.A. from Hamilton College in Political Science and an M.B.A., with honours, from Columbia University in Finance.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Morg Stnly Global Advantage A USD
Initial charge5.75%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price33.27
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8VW
Morg Stnly Global Advantage A USD EUR
Initial charge5.75%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price29.67
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8VV
Morg Stnly Global Advantage B USD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price32.07
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8VY
Morg Stnly Global Advantage B USD EUR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price28.6
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8VX
Morg Stnly Global Advantage C USD
Initial charge-
Annual charge2.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price32.31
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8WA
Morg Stnly Global Advantage C USD EUR
Initial charge-
Annual charge2.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price28.81
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8VZ
Morg Stnly Global Advantage I USD
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price34.35
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI8WC
Morg Stnly Global Advantage I USD EUR
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price30.63
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI8WB
Morg Stnly Global Advantage Z USD
Initial charge1%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price34.4
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI8WE
Morg Stnly Global Advantage Z USD EUR
Initial charge1%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price30.67
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI8WD
Data provided by

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