| Morningstar Fund Report | 15/03/2025 |  |
Morgan Stanley Investment Funds - Global Quality Fund ZX |
| Performance History | 28/02/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | 20.1 | -8.9 | 12.7 | 12.6 | 2.7 |
| +/-Cat | 2.0 | 0.4 | 0.0 | -1.7 | 0.5 |
| +/-B’mrk | 0.4 | -1.2 | -2.5 | -6.7 | 0.6 |
| Category: Global Large-Cap Blend Equity | ||||||
| Category Benchmark: Morningstar Global TME NR USD | ||||||
| Key Stats | ||
| NAV 14/03/2025 | USD 59.29 | |
| Day Change | 0.53% | |
| Morningstar Category™ | Global Large-Cap Blend Equity | |
| ISIN | LU1033666584 | |
| Fund Size (Mil) 14/03/2025 | USD 2422.08 | |
| Share Class Size (Mil) 14/03/2025 | USD 218.17 | |
| Max Initial Charge | 1.00% | |
| Ongoing Charge 30/11/2024 | 0.86% | |
| Investment Objective: Morgan Stanley Investment Funds - Global Quality Fund ZX |
| The Fund’s investment objective is to seek an attractive long term rate of return, measured in USD. Investment policy The fund primarily invests (at least 70% of total net assets) in equities of companies in the world’s developed countries. The investment manager seeks to invest in a concentrated portfolio of high quality businesses with strong management that can achieve sustainably high returns on operating capital. |
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| Management | ||
Manager Name Start Date | ||
Bruno Paulson 01/08/2013 | ||
Marcus Watson 01/08/2013 | ||
| Click here to see others | ||
Inception Date 19/02/2014 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| MSCI World NR USD | Morningstar Global TME NR USD |
| Portfolio Profile for Morgan Stanley Investment Funds - Global Quality Fund ZX | 31/01/2025 |
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| Top 5 Holdings | Sector | % |
 SAP SE |  Technology | 5.22 |
| Microsoft Corp | Technology | 5.18 |
| Visa Inc Class A |  Financial Services | 5.06 |
| L'Oreal SA |  Consumer Defensive | 3.33 |
| Aon PLC Class A | Financial Services | 3.32 |
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 Increase Decrease  New since last portfolio | ||
| Morgan Stanley Investment Funds - Global Quality Fund ZX | ||
| Growth Of 1000 (GBP) | 28/02/2025 |
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| Annual Returns (GBP) | 28/02/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 28/02 | |
| Price Return | 3.91 | 24.27 | 10.75 | 20.08 | -8.93 | 12.73 | 12.60 | 2.69 |
| +/- Category | 10.63 | 5.24 | 0.17 | 2.03 | 0.41 | -0.04 | -1.68 | 0.50 |
| +/- Category Index | 7.42 | 2.72 | -1.50 | 0.42 | -1.22 | -2.52 | -6.70 | 0.62 |
| % Rank in Category | 2 | 55 | 92 | 42 | 49 | 55 | 63 | 31 |
| Trailing Returns (GBP) | 14/03/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | 0.53 | 0.11 | 1.43 |
| 1 Week | -2.49 | 0.02 | 1.23 |
| 1 Month | -6.06 | 1.33 | 3.59 |
| 3 Months | -3.56 | 1.86 | 3.75 |
| 6 Months | 0.79 | -0.72 | -0.50 |
| YTD | -2.21 | 0.99 | 3.10 |
| 1 Year | 4.09 | -0.67 | -2.08 |
| 3 Years Annualised | 7.81 | -0.12 | -1.67 |
| 5 Years Annualised | 11.35 | -0.83 | -2.26 |
| 10 Years Annualised | 11.11 | 2.58 | 0.77 |
| Category: Global Large-Cap Blend Equity | |||
| Category Index: Morningstar Global TME NR USD | |||
| Quarterly Returns (GBP) | 28/02/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2024 | 6.11 | -0.16 | 2.75 | 3.43 |
| 2023 | 4.11 | 3.38 | -0.51 | 5.28 |
| 2022 | -5.06 | -6.39 | 1.43 | 1.02 |
| 2021 | 1.96 | 7.24 | 3.02 | 6.60 |
| 2020 | -8.24 | 15.24 | 3.30 | 1.40 |
| Morningstar Rating™(Relative to Category) | 28/02/2025 | ||||||||||||||||||||
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| Category : Global Large-Cap Blend Equity | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 28/02/2025 | ||||||||||
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| Modern Portfolio Statistics | 28/02/2025 | 28/02/2025 |
| Standard Index | Best Fit Index | |
| Morningstar Global TME NR USD | Morningstar EAA USD Mod Tgt Alloc NR USD | |
| 3-Yr Beta | 0.87 | 1.38 |
| 3-Yr Alpha | -1.86 | 1.70 |
| Investment Style Details | 31/01/2025 | ||||||||||||||||||||||||||||||||||||||||
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| Category: Global Large-Cap Blend Equity | |||||||||||||||||||||||||||||||||||||||||
| Asset Allocation | 31/01/2025 |
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| World Regions | 31/01/2025 | ||||||||||||||||||||||||||||||||||||||||||
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| Category: Global Large-Cap Blend Equity | |||||||||||||||||||||||||||||||||||||||||||
| Sector Weightings | 31/01/2025 | ||||||||||||||||||||||||
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| Category: Global Large-Cap Blend Equity | |||||||||||||||||||||||||
Consumer Cyclical| Top 10 Holdings | 31/01/2025 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 46 |
| Total Number of Bond Holdings | 0 |
| Assets in Top 10 Holdings | 37.45 |
| Name | Sector | Country | % of Assets | ||
| SAP SE | | Germany | 5.22 | ||
| Microsoft Corp | | United States | 5.18 | ||
| Visa Inc Class A | | United States | 5.06 | ||
| L'Oreal SA | | France | 3.33 | ||
| Aon PLC Class A | | United States | 3.32 | ||
| Accenture PLC Class A | | United States | 3.30 | ||
| Alphabet Inc Class A |  | United States | 3.23 | ||
| Procter & Gamble Co | | United States | 3.23 | ||
| Keyence Corp | | Japan | 2.84 | ||
| Intercontinental Exchange Inc | | United States | 2.74 | ||
| Increase Decrease New since last portfolio | |||||
| Category: Global Large-Cap Blend Equity | |||||
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| Biography | |
| Bruno is a portfolio manager for the London-based International Equity team. He joined Morgan Stanley in 2009. Prior to joining the firm, Bruno worked for Sanford Bernstein in London, where he was a Senior Analyst covering the financial sector for 8 years. Previously, he was a manager at the Boston Consulting Group where he focused on the financial services industry. Bruno has an MBA from INSEAD where he received the Ford Prize for graduating top of class. He was also a Research Fellow in Political Economy at Nuffield College, Oxford, and received a B.A. in Politics, Philosophy and Economics with 1st Class Honors from Keble College, Oxford. Bruno was a parent-founder of The Rise School, a free school for children with high-functioning autism. He is a governor at Kensington Aldridge Academy, where he chairs the Business Committee. |
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| Fund Manager | Marcus Watson |
| Manager Start Date | 01/08/2013 |
| Career Start Year | 2008 |
| Education |
| University of Newcastle Upon Tyne, B.S. |
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| Biography | |
| Marcus is a portfolio manager for the London-based International Equity team. He joined Morgan Stanley in 2008 and has 15 years of investment experience. He received a B.Sc in Psychology from the University of Newcastle Upon Tyne. |
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| Fund Manager | Alex Gabriele |
| Manager Start Date | 30/09/2017 |
| Career Start Year | 2009 |
| Education |
| University of Cambridge (Trinity), B.A. |
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| Biography | |
| Alex is a portfolio manager for the London based International Equity team. He joined Morgan Stanley from Sloane Robinson LLP in 2012 and has 14 years of buyside investment experience. Prior to joining the team, Alex was responsible for stock selection across the cyclical universe, predominantly in Asia ex-Japan. Alex is a trustee at the Belvedere Trust, a UK charity that gives grants to education, poverty alleviation and the arts. Alex holds a B.A. in Natural Sciences from Trinity College, Cambridge. |
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| Fund Manager | Nic Sochovsky |
| Manager Start Date | 01/01/2015 |
| Career Start Year | 1998 |
| Education |
| Sheffield University, B.A. |
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| Biography | |
| Nic is a portfolio manager for the London-based International Equity team. He joined Morgan Stanley in 2015 and has 25 years of industry experience. Prior to joining the team, Nic worked for Credit Suisse within a top industry ranked consumer staples team covering food manufacturing, home and personal care (HPC), beverages and tobacco. Before that he headed the consumer research team at Unicredit and was a senior analyst at Merrill Lynch and Lehman Brothers covering pan-European food manufacturing and HPC. Nic received a B.A. in Economics from Sheffield University. Nic is a longtime supporter of Place 2Be, the leading UK children’s mental health charity. |
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| Fund Manager | Richard Perrott |
| Manager Start Date | 01/01/2015 |
| Career Start Year | 2006 |
| Education |
| St Edmund Hall, Oxford, M.A. |
| St Edmund Hall, Oxford, M.A. |
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| Biography | |
| Richard is a portfolio manager for the London-based International Equity team. He joined Morgan Stanley in 2015 and has been with financial industry since 2006. Prior to joining the team, Richard was an equity research analyst at Autonomous Research covering specialty financials. Before that Richard covered financials at Berenberg Bank and financials and healthcare at Sanford Bernstein. Richard received an M.A in Mathematics and Philosophy from St Edmund Hall, Oxford. Richard is a trustee of Shrewsbury House Community Association. |
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| Fund Manager | Helena Miles |
| Manager Start Date | 19/01/2021 |
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| Fund Manager | Fei Teng |
| Manager Start Date | 19/01/2021 |
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| Fund Manager | Isabelle Mast |
| Manager Start Date | 15/06/2022 |
| Career Start Year | 2005 |
| Education |
| University of Oxford, Ph.D. |
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| Biography | |
| Isabelle is a portfolio manager for the London based International Equity team. She joined Morgan Stanley in 2021 and has 16 years of investment experience. Prior to joining the firm, she worked at Fidelity and Citadel. Isabelle is a Chartered Accountant. She read English at Pembroke College, Oxford, holds a Doctorate in English Literature from Hertford College, Oxford, a Masters in Medieval Studies from York and an MBA from Queens’ College, Cambridge. |
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| Fund Manager | Marte Borhaug |
| Manager Start Date | 01/08/2013 |
| Career Start Year | 2000 |
| Education |
| London School of Economics, M.S. |
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| Biography | |
| Marte is a Portfolio Manager and Head of Sustainable Outcomes for the International Equity Team. She joined Morgan Stanley Investment Management in November 2021 and has 12 years of experience in sustainability, six of which in financial services. She was previously the Global Head of Sustainable Outcomes at Aviva Investors, a team that co-managed Aviva’s sustainable fund range, including the climate transition franchise, evaluated positive and negative impact related to the SDGs, produced thematic screening and research on climate change, biodiversity and inequality, and designed sustainable solutions for clients. Before that, Marte led sustainability campaigns for Aviva as Head of EU public policy focused on sustainable finance, financial reform and Brexit. She joined Aviva from the Confederation of British Industry (CBI) where she was Head of Financial Services and Corporate Governance. Before this she led sustainable finance campaigns in Brussels at the EU public affairs consultancy, The Brussels Office and the Mission of Norway to the EU. Marte is co-chair of the 30% Club Investor Group, an advisor to Rosa UK, a charity that funds grassroots women’s organisations to help to make the UK a fairer, safer place for women and a mentor at the social accelerator Bethnal Green Ventures. She holds an MSc in European Political Economy from the London School of Economics. |
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| Fund Manager | William Lock |
| Manager Start Date | 01/08/2013 |
| Career Start Year | 1992 |
| Education |
| Keble College, Oxford, B.A. |
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| Biography | |
| William is a portfolio manager and head of the London-based International Equity team. He joined Morgan Stanley in 1994 and has 31 years of investment experience. Prior to joining the firm, he worked at Credit Suisse First Boston’s Corporate Finance Group, and was a management consultant with Arthur D. Little. William received a B.A. in Modern History from Keble College, Oxford. William is a longstanding sponsor of the creative arts, including Glyndebourne Opera. |
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| Fund Manager | Anton Kryachok |
| Manager Start Date | 07/08/2024 |
| Career Start Year | 2010 |
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| Biography | |
| Anton is a portfolio manager for the London based International Equity team. He joined Morgan Stanley in 2021 and has 13 years of investment experience. Prior to joining the team, Anton was a Research Analyst at Sculptor Capital (formerly OchZiff) and prior to that he was an Equity Analyst covering European banks at UBS. He holds a B.Sc. in Economics from the London School of Economics and Political Science. |
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| Fund Manager | Sora Utzinger |
| Manager Start Date | 25/11/2024 |
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