EQUITY SOLUTIONS FROM MORGAN STANLEY
At Morgan Stanley we are dedicated to providing individual investors with world class research, products and services. Our heritage as a leading investment bank, combined with the sophistication and depth of our global resources delivered at the local level, provide an advantage to both our Financial Advisors and our clients.
As an equity investor you will have access to the extensive intellectual capital of the equity research resources of our Institutional Securities division and our wide array of equity products, from stocks – with access to domestic and international markets – and exchange-traded funds, to options and equity linked notes.
Morgan Stanley Equity Research Access the full range of equity research produced by Morgan Stanley’s Institutional Securities division. We offer award-winning fundamental research and quantitative and technical analysis on over 2,300 stocks, representing 24 industries or sectors, in over 65 countries. This strong presence gives us insight into both the global picture and the local story and enables us to provide investors with competitive ideas and investment strategies.
Our world-class equity research team – with over 390 analysts, economists and strategists located in 25 countries - comprises some of the industry's best minds. The team has consistently been ranked as a global leader in the financial community.4 The majority of Morgan Stanley’s equity research reports are produced by our Institutional Securities division.
Tailored Investment Solutions We understand that every investor has unique investment needs and goals, many of which require targeted solutions. Your Morgan Stanley Financial Advisor can work with you to help design creative solutions, enabling you to position your portfolio around your specific requirements.
U . S . S t o c k s ( e x c h a n g e - t r a d e d a n d o v e r - t h e - c o u n t e r ) A m e r i c a n D e p o s i t o r y R e c e i p t s ( A D R s ) I n i t i a l P Choose from a wide array of equity products and solutions: u b l i c O f f e r i n g s I n d e x - l i n k e d E x c h a n g e - T r a d e d F u n d s
C l o s e d - E n d F u n d s O p t i o n s * S t r a t e g i c E q u i t y P o r t f o l i o s T M ( S T E P ) S t r u c t u r e d I n v e s t m e n t s
Before investing in any of these products or strategies you should discuss their suitability with your Financial Advisor in relation to your own investment goals and risk tolerance.
Access to Initial Public Offerings As well as enabling individual investors to trade U.S stocks and foreign companies listed on U.S. exchanges, Morgan Stanley is one of the leaders in initial and follow-on public stock offerings, providing our clients with unique investment opportunities. Ask your Financial Advisor for information about upcoming deals.
Exchange Traded Funds (ETFs) Our award winning5 Exchange-Traded Funds (ETF)6 Research Team provides insight on a broad range of index-linked exchange-traded funds and closed-end funds (CEF). Research guidance includes implementation of Morgan Stanley’s asset allocation models using ETFs, core/satellite strategies and international diversification. The resources provided by our ETF product managers and research analysts are valuable tools when determining which ETF or CEF is suitable for your investment requirements and strategy.
Strategic Equity Portfolios (STEP) Our Portfolio Strategy Team (PST) works closely with our equity research analysts, strategists, and economists throughout the world to identify the best stock ideas and place them into a portfolio context that reflects Equity Research’s sector and
*Options may not be suitable for all investors.
Greenwich Research Associates Annual Survey, Quality Index 2007 Global ETF Awards: Most useful ETF research in both Analytical and Statistical categories in 4 world regions: The Americas, Asia-Pacific, Europe, and Africa. An investment in an exchange-traded fund involves risks similar to those of investing in a broadly based portfolio of equity securities traded on an exchange in the relevant securities market, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates and perceived trends in stock and bond prices. Investing in an international ETF also involves certain risks and considerations not typically associated with investing in a fund that invests in the securities of U.S. issues, such as political, currency, economic and market risks. These risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economics. (For specifics and a greater explanation of possible risks with ETFs, please consult a copy of the prospectus.) Investing in sectors may be more volatile than diversifying across many industries. The investment return and principal value of ETF investments will fluctuate, so an investor’s ETF shares (certain units), if or when sold, may be worth more or less than the original cost. ETFs are redeemable only in Creation Unit size through an Authorized Participant and are not individually redeemable from a Fund.
This material is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. This material was not prepared by the Morgan Stanley research department. Please refer to important information and qualifications at the end of this material.