Fact sheet: Morg Stnly US Advantage

Fund information
Fund name
Morg Stnly US Advantage A USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • David S Cohensince 21/06/2009
  • Sam Chainanisince 21/06/2009
  • Alexander Nortonsince 21/06/2009
  • Dennis Lynchsince 21/06/2009
  • Jason Yeungsince 21/06/2009
  • Armistead Nashsince 21/06/2009
Fund objective
Seeks long term capital appreciation, measured in US Dollars, by investing primarily in securities issued by US companies and on an ancillary basis in securities issued by companies that are not from the US.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1.4%
1 Year rank in sector
147/208
Sector
FO Equity - USA
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.
1.7%
Fund size
£4,320m (£3,700m last year)
Top in this sector
Fund name1 Year
Dodge & Cox US Stk40%
Oyster US Selection34.6%
Hermes US SMID Equity33.9%
T. Rowe Price USLgeCapValEq32.7%
GAM Star Gamco US Eq32.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA93.1%
    France2.5%
    Switzerland2.5%
    Money Market1.9%
  • Internet18%
    Retail16.9%
    Foods8.1%
    Information Technology7.5%
    Leisure & Hotels7.3%
  • US Equities94.9%
    Swiss Equities2.5%
    French Equities2.4%
    Money Market0.2%
    Chinese Equities0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-1.5%4.9%1.4%27%84.8%
Sector4%2.4%5.9%5%19.1%70.1%
Rank within sector207 / 220190 / 219129 / 213147 / 20840 / 17752 / 147
Quartile4th4th3rd3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.2%10.7%8%35.2%12.6%
Sector7.1%-1.6%10.7%31.8%10.2%
Rank within sector166 / 21014 / 193124 / 17839 / 16277 / 149
Quartile4th1st3rd1st3rd
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.
3.31
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.
0.45
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%.
12.99
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.
5.38
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.
0.66
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.
0.83
Price movement
52 week high61.82
52 week low50.48
Current bid price-
Current offer price-
Current mid price60.25
Region
1USA93.12%
2France2.52%
3Switzerland2.47%
4Money Market1.89%
Industry sector
1Internet17.98%
2Retail16.92%
3Foods8.12%
4Information Technology7.54%
5Leisure & Hotels7.26%
6Hardware6.49%
7Financials6.29%
8Luxury Goods4.85%
9Pharmaceuticals4.58%
Asset type
1US Equities94.88%
2Swiss Equities2.48%
3French Equities2.41%
4Money Market0.22%
5Chinese Equities0.02%
Individual holdings
1AMAZON.COM INC9.34%
2FACEBOOK INC8.95%
3APPLE INC6.49%
4ALPHABET INC5.24%
5S&P GLOBAL INC4.8%
6ZOETIS INC4.58%
7MASTERCARD INC4.57%
8MEAD JOHNSON NUTRITION4.12%
9UNITED TECHNOLOGIES CORP3.9%
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 securities issued by US companies and on an ancillary basis in securities issued by companies that are not from the US.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David S Cohen21/06/2009David 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.
Sam Chainani21/06/2009Sam 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 Norton21/06/2009Norton, 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.
Dennis Lynch21/06/2009Dennis 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.
Jason Yeung21/06/2009Yeung 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.
Armistead Nash21/06/2009
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, 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, Guernsey, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
Morg Stnly US Advantage A USD
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price60.25
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQR85
Morg Stnly US Advantage A USD EUR
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price56.86
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQR77
Morg Stnly US Advantage AH EUR
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price43.09
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI228
Morg Stnly US Advantage B USD
Initial charge-
Annual charge1.4%
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 price54
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQR74
Morg Stnly US Advantage B USD EUR
Initial charge-
Annual charge1.4%
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 price50.96
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQR78
Morg Stnly US Advantage BH EUR
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.74%
Bid price-
Offer price-
Mid price70.24
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDZD7
Morg Stnly US Advantage C USD
Initial charge-
Annual charge2.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price56.52
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDOW1
Morg Stnly US Advantage C USD EUR
Initial charge-
Annual charge2.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price53.34
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDOW0
Morg Stnly US Advantage I USD
Initial charge3%
Annual charge0.7%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price65.45
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQR75
Morg Stnly US Advantage I USD EUR
Initial charge3%
Annual charge0.7%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price61.77
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQR79
Morg Stnly US Advantage IH EUR
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price29.21
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7NF
Morg Stnly US Advantage IX USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price26.57
CurrencyUSD
Price updated10/08/2008
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeQR76
Morg Stnly US Advantage IX USD GBP
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.84
CurrencyGBP
Price updated10/08/2008
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeQR81
Morg Stnly US Advantage Z USD
Initial charge1%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price62.15
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDOW3
Morg Stnly US Advantage Z USD EUR
Initial charge1%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price58.66
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDOW2
Morg Stnly US Advantage ZH EUR
Initial charge1%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price71.64
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeETX2
Morg Stnly US Advantage ZH GBP
Initial charge1%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price27.3
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE5EB
Morg Stnly US Advantage ZX USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price53.04
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFN3A
Morg Stnly US Advantage ZX USD EUR
Initial charge1%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price50.06
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKIQ
Morg Stnly US Advantage ZX USD GBP
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price42.03
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFN2Z
Data provided by

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