Morgan Stanley Investment Funds Sustainable Emerging Markets Equity Fund - B/  LU0073229923  /

To seek to maximise total return whilst integrating environmental and social criteria. At least 70% of the Fund's investments will be in company shares. The Fund will primarily invest in companies based in or carrying out most of their business in emerging market countries. The Fund will seek to invest in emerging market countries where economies are developing strongly and in which the markets are becoming more sophisticated. In extreme economic, financial or political conditions, the Fund, for defensive purposes, may choose to temporarily reduce its emerging market investments below 50% of the Fund's value 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.

To seek to maximise total return whilst integrating environmental and social criteria. At least 70% of the Fund's investments will be in company shares.