16.11.2012 Views

Morgan Stanley Investment Funds - stockselection

Morgan Stanley Investment Funds - stockselection

Morgan Stanley Investment Funds - stockselection

SHOW MORE
SHOW LESS

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!