Morgan Stanley Institutional Emerging Markets Leaders Portfolio Class A (MELAX)

Fund Assets	326.04M
Expense Ratio	1.35%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	15.66
YTD Return	7.86%
1-Year Return	1.74%
5-Year Return	22.04%
52-Week Low	12.93
52-Week High	16.57
Beta (5Y)	n/a
Holdings	33
Inception Date	Jan 5, 2015

About MELAX

MELAX was founded on 2015-01-05. The Fund's investment strategy focuses on Emerging Markets with 1.5% total expense ratio. The minimum amount to invest in Morgan Stanley Institutional Fund, Inc: Emerging Markets Leaders Portfolio; Class A Shares is $1,000 on a standard taxable account. Morgan Stanley Institutional Fund, Inc: Emerging Markets Leaders Portfolio; Class A Shares seeks long-term capital appreciation. MELAX invests at least 80% of the Portfolio's assets will be invested in equity securities of issuers located in emerging market countries. MELAX uses a fundamental bottom-up stock selection process informed by macro thematic research on overall emerging markets.

• Category: Diversified Emerging Mkts
• Stock Exchange: NASDAQ
• Ticker Symbol: MELAX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) NR USD

Performance

MELAX had a total return of 1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.57%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.36%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MSIWX	Class Ir	0.95%
MELSX	Class R6	0.95%
MELIX	Class I	0.99%
MEMLX	Class C	2.10%

Top 10 Holdings

53.39% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	7.85%
HDFC Bank Limited	HDFCBANK	5.93%
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio	n/a	5.86%
ICICI Bank Limited	ICICIBANK	5.61%
Varun Beverages Limited	VBL	5.34%
Localiza Rent a Car S.A.	RENT3	4.86%
MercadoLibre, Inc.	MELI	4.85%
Bharti Airtel Limited	BHARTIARTL	4.73%
Grupo Financiero Banorte, S.A.B. de C.V.	GFNORTEO	4.49%
KEI Industries Limited	KEI	3.88%