Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
Morgan Stanley Investment Funds - stockselection
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Appendix 4: Hedged Share Classes<br />
As at 30 June 2009<br />
<strong>Morgan</strong> <strong>Stanley</strong> <strong>Investment</strong> <strong>Funds</strong> 30 June 2009 190<br />
The Directors may decide from time to time for some or all of the <strong>Funds</strong> to issue Hedged Share Classes. Hedged Share Classes can be<br />
issued in relation to any type of available Share Class and is indicated by an “H” after the Share Class indicator, as follows: AH, AHX,<br />
BH, BHX, CH, CHX, IH, IHX, NH, NHX, ZH and/or ZHX.<br />
Hedged Share Classes seek to reduce the currency exposure of the Shareholder to currencies other than the currency in which the<br />
Hedged Share Class is denominated (the “Hedged Share Class Currency”). The hedging process will vary depending on the type of fund<br />
for which the Hedged Share Class is issued and the hedging strategy adopted for all the Hedged Share Classes in that particular Fund, as<br />
defined by the prospectus. The hedging strategies adopted at the period end are as follows:<br />
Fund Name Hedged Share Class(es) Hedging Strategy<br />
American Franchise Fund AH (EUR), BH (EUR), ZH (EUR) NAV Hedged Share Classes<br />
Global Brands Fund AH (EUR), BH (EUR), ZH (EUR) NAV Hedged Share Classes<br />
Japanese Equity Advantage Fund AH (EUR) NAV Hedged Share Classes<br />
Japanese Value Equity Fund IH (EUR) NAV Hedged Share Classes<br />
US Equity Growth Fund AH (EUR), IH (EUR), ZH (EUR) NAV Hedged Share Classes<br />
US Value Equity Fund AH (EUR) NAV Hedged Share Classes<br />
Emerging Markets Debt Fund AH (EUR) NAV Hedged Share Classes<br />
Global Convertible Bond Fund AH (EUR), BH (EUR), CH (EUR), IH (EUR), ZH (EUR), ZHX (EUR) NAV Hedged Share Classes<br />
Diversified Alpha Plus VaR 400 (Euro) Fund AH (USD), BH (USD), IH (USD) NAV Hedged Share Classes<br />
Commodities Active GSLE Fund AH (EUR), BH (EUR), IH (EUR), ZH (EUR), ZHX (GBP) NAV Hedged Share Classes<br />
FX Alpha Plus RC 400 (Euro) Fund ZHX (GBP) NAV Hedged Share Classes<br />
FX Alpha Plus RC 400 (US Dollar) Fund AH (NOK), AH (SEK) NAV Hedged Share Classes<br />
FX Alpha Plus RC 800 (Sterling) Fund AH (USD), IH (USD) NAV Hedged Share Classes