Morgan Stanley Inst Global Franchise I

Frequently Asked Questions About MSFAX

What does MSFAX invest in?

Under normal market conditions, the fund invests in securities of issuers from at least three different countries, which may include the United States. The Adviser and/or Sub-Adviser seek to invest in high quality companies they believe have strong business franchises, strong cash flows, modest capital requirements, strong balance sheets, capable management, and that typically return cash to shareholders. The fund is non-diversified.

What is the expense ratio of MSFAX?

Morgan Stanley Inst Global Franchise I (MSFAX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MSFAX?

Morgan Stanley Inst Global Franchise I (MSFAX) manages $1.77B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MSFAX actively managed or an index fund?

MSFAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MSFAX launched?

Morgan Stanley Inst Global Franchise I (MSFAX) launched in November 2001 and is managed by the fund issuer.

How has MSFAX performed?

MSFAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.