Morgan Stanley Investment Funds

Past performance is not necessarily a guide to future performance and the value of the investments referred to in this Website and any income from them may fall as well as rise. On redemption of an investment, an investor may receive back an amount less than the original amount of their investment.

The underlying assets of the investments may be in a variety of currencies and therefore movements in the value of currencies may also affect the value of an investor’s holdings. Furthermore, the value of any investments may be adversely affected by fluctuations in exchange rates between the investor’s reference currencies and the base currencies of the investment itself.

For investment funds that invest in emerging markets, volatility and the risk to your capital may be greater. Investment in high yield securities is speculative as it generally entails increased credit and market risks. There are special risk considerations associated with investing in investments linked to the real estate industry.

Information contained on this Website is not to be construed as investment, tax or other advice. If you are in any doubt about the information contained in this Website please consult your financial advisor, lawyer, accountant, bank manager or other professional adviser. The information is current at the date of publication, but is subject to change without notification. Neither the information published nor any opinion expressed on this Website constitutes an offer by any member of Morgan Stanley to buy or sell any securities or financial instruments, or to provide any investment advice or service.

Please refer to the Prospectus and the relevant KFS for further information about the relevant sub-funds, including their investment objectives, risk factors, and fees and charges. The Website has not been reviewed by the Securities and Futures Commission.