Morgan Stanley Investment Funds NextGen Emerging Markets Fund - AX/  LU0218443736  /

At least 70% of the Fund's investments will be in company shares, including depositary receipts. To invest in "Next Gen" companies, being defined as companies based in or carrying out most of their businesses in emerging market countries, which include frontier market countries, or upcoming developing markets outside the "mainstream" emerging markets whose capital markets have traditionally been difficult for foreign investors to access or are in the early stages of capital market and/or economic development. As an essential and integrated part of the investment process, the Investment Adviser assesses relevant factors material to long-term sustainably high returns including ESG factors and seeks to engage with company management teams as part of this.

At least 70% of the Fund's investments will be in company shares, including depositary receipts.