| Change Details | |
|---|---|
| Title | Morgan Stanley Investment Management Limited |
| Type | Name Changes |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 29 November 2024 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Morgan Stanley Investment Management Limited |
| Fund Names | Morgan Stanley Global Sustain Morgan Stanley Sustainable Fixed Income Opportunities |
| Type of change | Name & Objective Change |
| Date change effective from | 29/11/2024 |
| Is the event subject to shareholder approval? | No |
| 2. Name change details | |
| Current Fund Name | New Fund Name |
| Morgan Stanley Global Sustain | Morgan Stanley Global Quality Select |
| Morgan Stanley Sustainable Fixed Income Opportunities | MS Calvert Fixed Income Opportunities |
| 3. Investment objectives | |
| Previous objective | New objective |
| Morgan Stanley Global Sustain | Morgan Stanley Global Quality Select |
| The fund aims to grow your investment over 10 years. The Investment Manager will also apply ESG criteria that seeks to achieve a greenhouse gas (“GHG”) emissions intensity for the fund that is 50% lower than that of the reference universe (which is defined, only for the purposes of comparing GHG emissions intensity as companies within the MSCI AC World Index). For the purpose of this fund, the term GHG shall be as defined by the GHG protocol and include carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and sulphur hexafluoride (SF6) in metric tonnes and in tonnes of CO2 equivalent. | The fund aims to grow your investment over 5 years or more. The Investment Manager will also apply ESG criteria that seeks to achieve a greenhouse gas (“GHG”) emissions intensity for the fund that is 50% lower than that of the reference universe (which term is used only for the purposes of comparing GHG emissions intensity and comprises companies within the MSCI AC World Index). |
| Morgan Stanley Sustainable Fixed Income Opportunities | MS Calvert Fixed Income Opportunities |
| The fund aims to provide income and capital growth over a 5 year period by investing in global fixed income securities issued by corporates and governments across a range of fixed income asset classes including investment grade bonds, high yield bonds, covered bonds, asset backed securities, convertible bonds and currencies. These investments may include fixed income securities issued in emerging markets. The fund will invest at least 50% in investment grade bonds. After hedging, a maximum of 20% of the fund will be exposed to non-GBP currencies. In relation to this fund, “Sustainable” means that the Investment Manager integrates ESG considerations into its investment decision-making by screening. |
The fund aims to provide income and capital growth over 3 years or more by investing in global fixed income securities issued by corporates and governments across a range of fixed income asset classes including investment grade bonds, high yield bonds, covered bonds, asset backed securities, convertible bonds and currencies. These investments may include fixed income securities issued in emerging markets. The fund will invest at least 50% in investment grade bonds. After hedging a maximum of 20% of the fund will be exposed to non-GBP currencies. In relation to this fund, the use of “Calvert” in the name refers to Calvert Research and Management (“Calvert”), an indirect, wholly owned subsidiary of Morgan Stanley. To identify issuers which exhibit sound management of ESG characteristics, the fund utilises a quantitative and qualitative ESG research process that applies the Calvert Principles. In doing so, the fund promotes environmental sustainability and resource efficiency, equitable societies and respect for human rights, in addition to accountable governance and transparent operations. |