MS INVF Global Property IX (FUND:B1DBS02) - Overview

Fund Report

Morgan Stanley Investment Funds Global Property IX

Key Stats
Morningstar® CategoryProperty - Indirect Global
Manager NameTheodore Bigman
Inception Date31/10/2006
NAV 05/12/2016USD 24.44
Day Change-0.04%
12 Month Yield1.94%
ISINLU0266115475
SEDOLB1DBS02
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016965.37 USD
Wrapper AvailabilitySIPP & DA
Our Minimum Initial Investment500,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge3.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.08%
AMC0.85%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

FTSE EPRA/NAREIT Dv REITS NA,EU&ASIA

Morningstar® Benchmark

FTSE EPRA/NAREIT Global TR USD

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

How has this security performed
20122013201420152016
Fund31.076.4310.84-1.45-2.77
Category24.533.7111.79-1.46-1.89
Benchmark29.852.2414.73-0.411.88
  • Fund: Morgan Stanley Investment Funds Global Property IX
  • Category: Property - Indirect Global
  • Benchmark: FTSE EPRA/NAREIT Global TR USD
Trailing Returns % (USD) 05/12/2016
FundCatBmark
YTD-2.97-2.821.59
3 Years Annualised2.663.035.48
5 Years Annualised7.556.508.88
10 Years Annualised0.40-0.691.79

Morningstar SRRI

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

Investment Objective

The Global Property Fund’s investment objective is to seek long-term capital appreciation, measured in US Dollars, primarily through investment in the equity securities of companies in the real estate industry located throughout the world. Companies in the real estate industry may include companies principally engaged in the development and/or ownership of income-producing property and collective investment vehicles with exposure to property such as publicly quoted property unit trusts, Real Estate Investment Trusts and undertakings for collective investment. By investing in collective investment vehicles indirectly through the Fund, the investor will bear not only his proportionate share of the management fee of the Fund, but also indirectly, the management expenses of the underlying collective investment vehicles. The Fund may also invest on an ancillary basis in preference shares, debt securities convertible into common shares and other equity linked instruments.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseSimon Property Group Inc Real Estate4.08
IncreaseUnibail-Rodamco SE Real Estate3.27
Mitsui Fudosan Co Ltd Real Estate3.05
Mitsubishi Estate Co Ltd Real Estate3.04
Sun Hung Kai Properties Ltd Real Estate2.93
Asset Allocation %
LongShortNet
Stocks97.240.0097.24
Bonds0.000.000.00
Cash1.900.011.90
Other1.220.360.86
Top Stock Regions
Region%
United States32.42
Eurozone15.23
Japan15.04
Asia - Developed12.39
United Kingdom10.51
Top Stock Sectors
Stock Sector%
Real Estate99.45
Consumer Cyclical0.53
Healthcare0.01
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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