Morgan Stanley Investment Funds - stockselection

Diversified Alpha Plus VaR 800 (Euro) Fund
DERIVATIVES (continued)
OTC and exchange traded derivatives as at 30 June 2009,
expressed in Euro.
Interest Rate Swap Contracts
Description
Currency
Notional
amount
Maturity
date
Net unrealised
gain/(loss)
as at
30 June 2009
% of net
assets
Pay floating rate AUD
BBSW 3 months
Receive fixed rate 2.4015% AUD 1,560,000 15/06/2011 (28,680) (0.12)
Pay fixed rate 5.46%
Receive floating rate AUD
BBSW 6 months AUD 1,755,000 14/09/2014 7,861 0.03
Pay fixed rate 5.3435%
Receive floating rate AUD
BBSW 6 months AUD 2,025,000 15/06/2019 50,598 0.22
Pay floating rate CAD
CDOR 3 months
Receive fixed rate 0.9474% CAD 2,955,000 15/06/2011 (6,034) (0.03)
Pay floating rate CHF
LIBOR 6 months
Receive fixed rate 0.8583% CHF 12,790,000 15/06/2011 10,241 0.04
Pay floating rate CHF
LIBOR 6 months
Receive fixed rate 1.7987% CHF 1,380,000 15/06/2014 (2,049) (0.01)
Pay fixed rate 2.6553%
Receive floating rate CHF
LIBOR 6 months CHF 3,880,000 15/06/2019 8,806 0.04
Pay floating rate EUR
EURIBOR 6 months
Receive fixed rate 1.8267% EUR 7,995,000 15/06/2011 2 0.00
Pay fixed rate 2.878%
Receive floating rate EUR
EURIBOR 6 months EUR 480,000 15/06/2014 (72) 0.00
Pay fixed rate 3.5216%
Receive floating rate EUR
EURIBOR 6 months EUR 1,065,000 15/06/2019 10,024 0.04
Pay floating rate GBP
LIBOR 6 months
Receive fixed rate 2.3107% GBP 6,100,000 15/06/2011 9,238 0.04
Pay floating rate GBP
LIBOR 6 months
Receive fixed rate 4.7151% GBP 70,000 15/06/2014 4,187 0.02
Pay fixed rate 4.0519%
Receive floating rate GBP
LIBOR 6 months GBP 410,000 15/06/2019 3,013 0.01
Pay fixed rate 0.7579%
Receive floating rate JPY
LIBOR 6 months JPY 707,180,000 15/06/2011 (8,429) (0.04)
Pay fixed rate 1.4662%
Receive floating rate JPY
LIBOR 6 months JPY 79,980,000 15/06/2019 (5,004) (0.02)
Pay floating rate NOK
NIBOR 6 months
Receive fixed rate 2.8173% NOK 26,075,000 15/06/2011 5,697 0.02
Pay fixed rate 4.544%
Receive floating rate NOK
NIBOR 6 months NOK 5,215,000 15/06/2019 1,568 0.01
Interest Rate Swap Contracts (continued)
Description
Morgan Stanley Investment Funds 30 June 2009 100
Pay floating rate SEK
STIBOR 3 months
Receive fixed rate 1.5769% SEK 90,435,000 15/06/2011 2,496 0.01
Pay floating rate SEK
STIBOR 3 months
Receive fixed rate 2.8243% SEK 20,040,000 15/06/2014 1,290 0.01
Pay fixed rate 3.7488%
Receive floating rate SEK
STIBOR 3 months SEK 20,060,000 15/06/2019 (8,100) (0.03)
Pay floating rate USD
LIBOR 3 months
Receive fixed rate 1.5429% USD 3,965,000 15/06/2011 5,393 0.02
Pay fixed rate 3.959%
Receive floating rate USD
LIBOR 3 months USD 1,230,000 15/06/2019 (20,858) (0.09)
Total Interest Rate Swap Contracts 41,188 0.17
Total Return Swap Contracts
Description
Currency
Currency
Notional
amount
Notional
amount
Maturity
date
Maturity
date
Net unrealised
gain/(loss)
as at
30 June 2009
Net unrealised
gain as at
30 June 2009
GS Light Energy
Total Return Index USD 543,700 06/07/2009 296 0.00
Total Total Return Swap Contracts 296 0.00
Total Derivatives 63,905 0.26
Other Assets less Liabilities 7,427,343 31.69
Total Net Asset Value 23,446,779 100.00
(4) The country in brackets represents the country of incorporation of this security.
% of net
assets
% of net
assets