Morgan Stanley Investment Fund: USD Accumulating Share Class Overview.pdf

This document provides key information about the US Value Fund, a sub-fund of Morgan Stanley Investment Funds (UCITS), with share class I denominated in USD. The UCITS is an open-ended investment company under Directive 2009/65/EC, focusing on long-term growth by investing primarily in U.S. company shares and depositary receipts. At least 70% of the Fund's investments are in these equities, targeting companies considered undervalued with strong long-term prospects. The Investment Adviser incorporates sustainability factors into its investment process, excluding certain sectors like gambling and tobacco.

The Fund does not have a fixed maturity; shares can be redeemed by the board or at shareholder meetings under specific conditions outlined in the prospectus. It may invest up to 30% of assets outside its main criteria and use derivatives for portfolio management. The Fund's performance is measured against the Russell 1000 Value Index but is actively managed without tracking it.

Investors should note currency risks, as returns depend on exchange rates between USD and their local currency. Risks include credit, counterparty, sustainability, liquidity, and real estate factors. The product carries a medium-high risk (class 5 out of 7), with potential losses in poor market conditions. Performance scenarios illustrate possible outcomes based on past performance over the last decade, but future markets are unpredictable.

The Fund is suitable for investors seeking long-term growth who understand its complexity and risks. It is registered in Luxembourg and supervised by relevant authorities. For more information or to purchase, contact MSIM Fund Management (Ireland) Limited or visit their website.