MS INVF Latin American Equity A (FUND:5194931) - Overview

Fund Report

Morgan Stanley Investment Funds Latin American Equity Fund A

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameAna Piedrahita
Inception Date01/02/1997
NAV 02/12/2016USD 43.31
Day Change-0.80%
12 Month Yield0.00%
ISINLU0073231317
SEDOL5194931
Dividend Frequency-
Net Assets (mil) 31/10/2016436.74 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 USD
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge5.75%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.95%
AMC1.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

MSCI EM Latin America NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund11.45-12.56-14.51-31.2526.50
Category11.68-12.88-14.28-29.9821.66
Benchmark8.66-13.36-12.30-31.0429.91
  • Fund: Morgan Stanley Investment Funds Latin American Equity Fund A
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (USD) 02/12/2016
FundCatBmark
YTD22.4818.5325.41
3 Years Annualised-10.64-10.51-8.78
5 Years Annualised-7.66-7.55-7.14
10 Years Annualised-1.58-1.130.59

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Latin American Equity Fund’s investment objective is to seek to maximise total return, measured in US Dollars, through investment primarily in the common shares of companies incorporated in Latin American countries. Such Latin American countries include Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela provided that the markets in these countries are considered to be recognised exchanges (“Recognised Exchanges”) within the meaning of Article 41(1) of the 2010 Law.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseItau Unibanco Holding SA Financial Services10.34
IncreaseBank Bradesco SA Pref Shs Financial Services9.12
DecreaseGrupo Financiero Banorte SAB de CV Class O Financial Services6.09
DecreaseFomento Economico Mexicano SAB de CV ADR Consumer Defensive5.93
DecreaseCemex SAB de CV ADR Basic Materials4.83
Asset Allocation %
LongShortNet
Stocks96.590.0096.59
Bonds0.000.000.00
Cash4.230.004.23
Other0.621.44-0.82
Top Stock Regions
Region%
Latin America98.09
United States1.91
Japan0.00
Australasia0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services34.96
Consumer Defensive19.83
Consumer Cyclical12.47
Basic Materials12.07
Energy8.85
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