About MELAX
Morgan Stanley Institutional Fund, Inc. Emerging Markets Leaders Portfolio Class A is an actively managed mutual fund that seeks long-term capital appreciation by investing in large-cap equities across emerging markets. The fund employs a high-conviction, benchmark-agnostic investment strategy focused on structural compounders benefiting from growth in continental-sized emerging markets, particularly Greater China, India, Latin America, and Southeast Asia. The portfolio typically holds 32 carefully selected securities with significant exposure to India, Brazil, and Taiwan, diversified across sectors including technology, consumer cyclical, industrials, and financials. Environmental, Social, and Governance factors are integrated throughout the investment process. The fund targets risk-adjusted returns through selective country and thematic positioning, distinguishing itself through active management that diverges meaningfully from its MSCI Emerging Markets Net Index benchmark. Class A shares are available to individual and institutional investors seeking focused emerging market equity exposure with professional portfolio management.
Fund Family Morgan Stanley
Category Diversified Emerging Mkts
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MELAX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD
MELAX had a total return of 13.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.08%.