Please identify the type of investor you are

By choosing an option you are acknowledging that this information is accurate and correctly identifies you.

Morgan Stanley Global Quality Fund

Investors can choose from two classes of units:

The Morgan Stanley Global Quality Fund seeks to compound wealth at attractive rates of return over the long term by focusing on high quality, resilient, well managed companies. With a portfolio of 35-55 stocks, the Fund aims to deliver lower long-term volatility.

Monthly Fact Sheet
How to invest

Investment strategy

The Fund invests primarily in a concentrated portfolio of equity securities of companies in the world’s developed countries. The Fund may from time to time also invest in equity securities of companies located in emerging markets, in debt securities convertible into equity securities, and other equity-linked securities.

Companies whose equity securities are chosen for inclusion in the Portfolio will, in the opinion of the Sub-Manager, typically possess the following characteristics:

  • Resilient franchises/intangible assets
  • Domestic/international growth potential
  • Low capital intensity
  • High free-cash generation: repeat business
  • Financial strength: comfortable coverage of fixed charges; and
  • Capable management

Investment parameters

The following guidelines will be used when selecting investments for the Fund:

  • The Fund will hold equity and equity related securities which are traded, listed or due to be listed on recognised exchanges throughout the world
  • The Portfolio will typically hold between 35 to 55 securities
  • A maximum of 7% of the portfolio may be invested in any one company.
  • The portfolio will not purchase more than 10% of the outstanding securities of any one company.
  • A maximum of 10% of the portfolio may be invested in unlisted securities
    (Note: Percentage restrictions apply at the date of purchase of the relevant security)
  • The international currency exposure of the Morgan Stanley Global Quality Fund (Hedged) will be hedged back to the Australian dollar.

 

Morgan Stanley Global Quality Fund

At a Glance

APIR code ETL8936AU mFund code - Minimum investment $20,000 Management cost 1.18% Distributions per annum 1 Commencement date 29/06/2020 Asset class Equity Benchmark MSCI World (Net) Index
Investment objective The Fund seeks to provide an attractive long-term rate of return. To achieve the investment team’s aim of compounding investor wealth at attractive rates of return over the long term, the Environmental, Social, and Governance (ESG) integrated strategy focuses on high-quality, resilient, well-managed companies. The investment team uses bottom-up fundamental analysis. Given the scarcity of high-quality companies that also demonstrate reasonable valuations, the Fund is a fairly concentrated portfolio (35-55 stocks).
Please refer to the current PDS and reference guide for further details including any additional fees that may be applicable.

Performance as at 30 September 2020. Powered by data from Financial Express. For funds with less than 5 yrs performance history, refer to fact sheet for since inception returns.

Performance
Performance 1M 3M 6M 1Y 3Y 5Y 7Y 10Y Entry Nav Exit Date History
MOREBACK
Fund Name 0.05% 2.46% - - - - - - $1.0664 $1.0643 $1.0622 22/10/2020

Morgan Stanley Global Quality Fund (Hedged)

At a Glance

APIR code ETL5737AU mFund code - Minimum investment $20,000 Management cost 1.18% Distributions per annum 1 Commencement date 29/06/2020 Asset class Equity Benchmark MSCI World (Net) Index – hedged to AUD
Investment objective The Fund seeks to provide an attractive long-term rate of return. To achieve the investment team’s aim of compounding investor wealth at attractive rates of return over the long term, the Environmental, Social, and Governance (ESG) integrated strategy focuses on high-quality, resilient, well-managed companies. The investment team uses bottom-up fundamental analysis. Given the scarcity of high-quality companies that also demonstrate reasonable valuations, the Fund is a fairly concentrated portfolio (35-55 stocks).
Please refer to the current PDS and reference guide for further details including any additional fees that may be applicable.

Performance as at 30 September 2020. Powered by data from Financial Express. For funds with less than 5 yrs performance history, refer to fact sheet for since inception returns.

Performance
Performance 1M 3M 6M 1Y 3Y 5Y 7Y 10Y Entry Nav Exit Date History
MOREBACK
Fund Name -1.03% 5.72% - - - - - - $1.0875 $1.0853 $1.0831 22/10/2020

HOW TO INVEST

Existing SGH or DMP investor with Mainstream investor number:

  1. Download and read PDS and reference guide.
  2. Complete a Morgan Stanley Funds application form and send to Mainstream Fund Services Unit Registry.

Not an existing SGH or DMP investor:

  1. Download and read PDS and reference guide.
  2. Submit application form online.

OR

  1. Download and read PDS and reference guide.
  2. Complete a Morgan Stanley Funds application form and send to Mainstream Fund Services Unit Registry.

Switch funds between your existing account

1. Complete Switching Form – Morgan Stanley Global Quality Fund Download
2. Send completed form to Mainstream Fund Services Unit Registry

RESEARCH RATINGS

Investment team