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Morgan Stanley Investment Funds - stockselection

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The accompanying notes are an integral part of these financial statements.<br />

<strong>Morgan</strong> <strong>Stanley</strong> <strong>Investment</strong> <strong>Funds</strong> 30 June 2009 128<br />

Statement of changes in number of shares (continued)<br />

For the period ended 30 June 2009<br />

Global Global Japanese Japanese Japanese Latin<br />

Small Cap Value Indian Equity Equity Value American<br />

Value Equity Equity Advantage Growth Equity Equity<br />

Fund Fund Fund Fund Fund (1) Fund Fund<br />

USD USD USD JPY JPY JPY USD<br />

Share Class ZHX (EUR)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class ZHX (GBP)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class AH (NOK)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class AH (SEK)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class IH (USD)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class AH (USD)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class AHX (USD)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

Share Class BH (USD)<br />

Shares at the start of the period - - - - - - -<br />

Number of shares issued - - - - - - -<br />

Number of shares redeemed - - - - - - -<br />

Shares at the end of the period - - - - - - -<br />

(1) Fund merged with Japanese Equity Advantage Fund on 3 April 2009.

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