Morgan Stanley Investment Funds - stockselection

More documents

Recommendations

Info

33 Morgan Stanley Investment Funds 30 June 2009 Japanese Value Equity Fund INVESTMENT AIMS To seek long-term capital appreciation, measured in Japanese yen, through investment in the securities of companies listed on the exchanges and over-the-counter markets in Japan. Please refer to the full prospectus for the Fund’s investment objective and policy. 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 Yen. Investments Holdings Market value % of net assets Electric Appliances Canon 717,000 2,265,720,000 2.98 Fujitsu 3,373,000 1,774,198,000 2.33 Panasonic 1,288,700 1,677,887,400 2.21 Toshiba 4,673,000 1,635,550,000 2.15 Ricoh 1,281,000 1,594,845,000 2.10 Kyocera 212,100 1,541,967,000 2.03 NEC 3,414,000 1,293,906,000 1.70 Rohm 175,300 1,232,359,000 1.62 Mitsumi Electric 556,900 1,149,998,500 1.51 TDK 224,700 1,020,138,000 1.34 Sony 390,400 985,760,000 1.30 Hitachi 2,918,000 878,318,000 1.16 Casio Computer 1,015,900 876,721,700 1.15 Minebea 1,537,000 631,707,000 0.83 Total for Electric Appliances 24.41 Chemicals FUJIFILM Holdings 608,700 1,862,622,000 2.45 Sekisui Chemical 2,424,000 1,468,944,000 1.93 Daicel Chemical Industries 2,117,000 1,238,445,000 1.63 Kaneka 1,716,000 1,178,892,000 1.55 Denki Kagaku Kogyo 3,182,000 855,958,000 1.13 NIFCO 532,500 796,620,000 1.05 Mitsubishi Chemical Holdings 1,793,000 733,337,000 0.97 Shin-Etsu Polymer 927,300 482,196,000 0.63 Toyo INK Manufacturing 1,315,000 462,880,000 0.61 Total for Chemicals 11.95 Machinery Mitsubishi Heavy Industries 5,392,000 2,156,800,000 2.84 Daikin Industries 560,500 1,743,155,000 2.29 Kurita Water Industries 445,500 1,389,960,000 1.83 Amada 1,675,000 1,003,325,000 1.32 Daifuku 1,283,500 881,764,500 1.16 Tsubakimoto Chain 1,904,000 643,552,000 0.85 Fuji Machine Manufacturing 260,700 303,715,500 0.40 Total for Machinery 10.69 Transportation Equipment Toyota Motor 679,700 2,494,499,000 3.28 Suzuki Motor 720,700 1,563,919,000 2.06 Nissan Motor 2,089,800 1,224,622,800 1.61 Toyoda Gosei 308,300 804,663,000 1.06 Yamaha Motor 649,300 696,698,900 0.92 Total for Transportation Equipment 8.93 Other Products Nintendo 85,100 2,266,213,000 2.98 Dai Nippon Printing 805,000 1,065,820,000 1.40 Lintec 558,600 936,213,600 1.23 Yamaha 651,100 785,226,600 1.03 Nissha Printing 135,800 630,112,000 0.83 Total for Other Products 7.47
Japanese Value Equity 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 Yen. Investments Holdings Market value % of net assets Wholesale Trade Mitsubishi 1,366,000 2,442,408,000 3.21 Marubeni 2,622,000 1,122,216,000 1.48 Hitachi High-Technologies 395,100 650,729,700 0.86 Ryosan 221,800 503,486,000 0.66 Nagase & Co 400,000 387,600,000 0.51 Total for Wholesale Trade 6.72 Pharmaceuticals Astellas Pharma 532,500 1,821,150,000 2.40 Daiichi Sankyo 849,300 1,467,590,400 1.93 Ono Pharmaceutical 320,100 1,366,827,000 1.80 Total for Pharmaceuticals 6.13 Construction Obayashi 3,016,000 1,426,568,000 1.88 Sekisui House 1,435,000 1,406,300,000 1.85 Maeda Road Construction 487,000 480,182,000 0.63 Sanki Engineering 595,000 440,895,000 0.58 Kyudenko 502,000 335,336,000 0.44 Total for Construction 5.38 Nonferrous Metals Furukawa Electric 3,282,000 1,430,952,000 1.88 Mitsui Mining & Smelting 3,825,000 956,250,000 1.26 Total for Nonferrous Metals 3.14 Textiles & Apparels Teijin 3,059,000 951,349,000 1.25 Nisshinbo Industries 762,000 832,104,000 1.10 Total for Textiles & Apparels 2.35 Land Transportation East Japan Railway 227,200 1,320,032,000 1.74 Total for Land Transportation 1.74 Other Financing Business Hitachi Capital 950,300 1,242,042,100 1.63 Total for Other Financing Business 1.63 Communication Nippon Telegraph & Telephone 284,100 1,113,672,000 1.47 Total for Communication 1.47 Retail Trade FamilyMart 332,300 1,006,869,000 1.33 Total for Retail Trade 1.33 Food Nippon Meat Packers 528,000 643,632,000 0.85 House Foods 254,700 356,834,700 0.47 Total for Food 1.32 Morgan Stanley Investment Funds 30 June 2009 34 Investments Holdings Glass & Ceramics Products Nippon Sheet Glass 3,139,000 885,198,000 1.16 Total for Glass & Ceramics Products 1.16 Metal Products Sanwa Holdings 1,847,000 637,215,000 0.84 Total for Metal Products 0.84 Electric Power & Gas Tokyo Electric Power 247,600 614,048,000 0.81 Total for Electric Power & Gas 0.81 Iron & Steel Nippon Steel 1,314,000 486,180,000 0.64 Total for Iron & Steel 0.64 Services Toho 269,500 424,462,500 0.56 Total for Services 0.56 Total Investment Securities 74,981,357,900 98.67 DERIVATIVES OTC and exchange traded derivatives as at 30 June 2009, expressed in Yen. Forward Foreign Currency Exchange Contracts Maturity date Amount bought Amount sold Market value Net unrealised gain as at 30 June 2009 % of net assets % of net assets 03/07/2009 7,463,308 EUR 995,568,010 JPY 15,052,108 0.02 Total Forward Foreign Currency Exchange Contracts 15,052,108 0.02 Other Assets less Liabilities 993,394,049 1.31 Total Net Asset Value 75,989,804,057 100.00
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 86 and 87:
83 Morgan Stanley Investment Funds
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?