Morgan Stanley Investment Funds - stockselection

More documents

Recommendations

Info

17 Morgan Stanley Investment Funds 30 June 2009 European Small Cap Value Fund STATEMENT OF INVESTMENTS (continued) Transferable securities and money market instruments admitted to official exchange listing or dealt in on another regulated market. As at 30 June 2009, expressed in Euro. Investments Holdings Market value % of net assets Ireland FBD Holdings 30,557 219,511 2.16 Glanbia 83,543 191,580 1.88 Kerry Group ‘A’ 9,025 146,205 1.44 Smurfit Kappa Group 19,556 75,486 0.74 Total for Ireland 6.22 Norway Pronova BioPharma 62,468 122,179 1.20 Fred Olsen Energy 4,397 107,256 1.05 Schibsted 16,110 105,564 1.04 ProSafe (Cyprus) (4) 27,766 101,250 1.00 TGS Nopec Geophysical 10,012 71,801 0.71 Schibsted Rts exp. 2/07/2009 16,110 26,703 0.26 Hafslund ‘B’ 2,991 24,458 0.24 Total for Norway 5.50 Germany GFK 13,582 202,643 1.99 Alstria Office 19,235 108,678 1.07 MTU Aero Engines Holding 3,774 100,388 0.99 Sartorius Pfd 6,064 56,395 0.55 Symrise 4,700 49,773 0.49 Total for Germany 5.09 Finland Konecranes 12,177 207,740 2.05 Uponor 11,088 94,913 0.93 Rautaruukki 3,415 50,269 0.49 Ponsse 12,826 48,739 0.48 UPM-Kymmene 7,042 44,646 0.44 Jaakko Poyry Group 712 7,270 0.07 Total for Finland 4.46 Greece Eurobank Properties Real Estate Investment 27,465 197,748 1.94 Hellenic Exchanges 16,030 129,362 1.27 Fourlis Holdings 7,557 69,827 0.69 Total for Greece 3.90 Austria Vienna Insurance Group 4,582 139,430 1.38 Semperit Holding 5,569 107,148 1.05 Oesterreichische Post 3,010 61,524 0.60 A-TEC Industries 6,527 58,221 0.57 Total for Austria 3.60 Denmark Topdanmark 1,462 123,485 1.21 NKT Holding 4,092 98,494 0.97 Sydbank 4,947 80,379 0.79 FLSmidth & Co 1,858 47,965 0.47 Total for Denmark 3.44 Investments Holdings Market value Spain Viscofan 9,302 141,576 1.39 Red Electrica de Espana 2,876 93,614 0.92 Sociedad General de Aguas de Barcelona ‘A’ 5,250 84,000 0.83 Total for Spain 3.14 Netherlands Grontmij ‘CVA’ 6,293 103,205 1.02 Smartrac 7,814 101,973 1.00 Nutreco Holding 825 22,886 0.22 Total for Netherlands 2.24 Switzerland Bucher Industries Regd 1,024 74,201 0.73 Oridion Systems Regd (Israel) (4) 16,095 51,928 0.51 Kuoni Reisen Holding Regd ‘B’ 232 51,727 0.51 LEM Holding ‘Bearer’ Regd 174 28,868 0.28 Total for Switzerland 2.03 Belgium Elia System Operator 32 831 0.01 Total for Belgium 0.01 Total transferable securities and money market instruments admitted to official exchange listing or dealt in on another regulated market 10,002,469 98.31 Other transferable securities and money market instruments not admitted to official exchange listing or dealt in on another regulated market. As at 30 June 2009, expressed in Euro. % of net assets United Kingdom Torex Retail (1) 1,306,646 0 0.00 Total for United Kingdom 0.00 Total other transferable securities and money market instruments not admitted to official exchange listing or dealt in on another regulated market 0 0.00 Total Investment Securities 10,002,469 98.31 Other Assets less Liabilities 171,980 1.69 Total Net Asset Value 10,174,449 100.00 (1) These securities are valued at their fair value. See note 2(a) within the Notes to the Financial Statements. (4) The country in brackets represents the country of incorporation of this security.
Eurozone Equity Alpha Fund* INVESTMENT AIMS To seek attractive long-term capital growth, measured in Euro, through investment primarily in a concentrated portfolio of equity securities of companies domiciled or exercising the predominant part of their economic activity in the Eurozone (being those member states of the European Union which have adopted the Euro as their national currency). * Name changed from Eurozone Equity Opportunities Fund on 6 March 2009. Please refer to the full prospectus for the Fund’s investment objective and policy. Morgan Stanley Investment Funds 30 June 2009 18 STATEMENT OF INVESTMENTS Transferable securities and money market instruments admitted to official exchange listing or dealt in on another regulated market. As at 30 June 2009, expressed in Euro. Investments Holdings Market value % of net assets Germany Siemens Regd 50,560 2,534,068 4.91 Bayer 55,041 2,139,994 4.15 Muenchener Rueckversicherungs Regd 16,329 1,583,097 3.07 Allianz Regd 23,215 1,537,529 2.98 RWE 25,447 1,450,733 2.81 MAN 31,141 1,384,529 2.68 Henkel & Co Pfd 54,763 1,222,310 2.37 Fresenius Pfd 25,299 975,529 1.89 Total for Germany 24.86 France BNP Paribas 47,031 2,229,269 4.33 Axa 113,241 1,553,100 3.01 GDF Suez 55,350 1,489,192 2.89 Société Générale ‘Ser A’ 36,680 1,445,009 2.80 ArcelorMittal (Luxembourg) (4) 59,237 1,426,427 2.76 Schneider Electric 21,425 1,187,588 2.30 Pernod-Ricard 23,659 1,062,762 2.06 Electricité de France 27,417 956,442 1.85 Total for France 22.00 Netherlands Unilever ‘CVA’ 107,136 1,850,774 3.59 Koninklijke KPN 162,421 1,598,223 3.10 Koninklijke Ahold 168,986 1,388,727 2.69 Wolters Kluwer 57,691 720,272 1.40 Total for Netherlands 10.78 Spain Telefonica 171,091 2,752,854 5.33 Banco Bilbao Vizcaya Argentaria 242,852 2,197,811 4.26 Total for Spain 9.59 Italy ENI 150,295 2,561,027 4.97 Azimut Holding 176,185 1,214,796 2.35 Ansaldo STS 86,695 1,142,640 2.21 Total for Italy 9.53 Finland Kone ‘B’ 69,993 1,560,844 3.02 Fortum 75,933 1,253,654 2.43 Nokia 117,708 1,252,413 2.43 Total for Finland 7.88 United Kingdom Royal Dutch Shell ‘A’ 63,639 1,152,502 2.24 Imperial Tobacco Group 56,055 1,033,342 2.00 Total for United Kingdom 4.24 Belgium Umicore 64,783 1,064,385 2.06 UCB 23,759 546,457 1.06 Total for Belgium 3.12
Page 1: INVESTMENT MANAGEMENT Morgan Stanle
Page 4 and 5: 1 Morgan Stanley Investment Funds 3
Page 14 and 15: 11 Morgan Stanley Investment Funds
Page 70 and 71:
67 Morgan Stanley Investment Funds
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
Page 172 and 173:
Page 174 and 175:
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 196:
www.morganstanleyinvestmentfunds.co
show all

Morgan Stanley Investment Funds - stockselection

Create successful ePaper yourself

Delete template?

Save as template?