About MFMLX
Morgan Stanley Institutional Fund, Inc. Next Gen Emerging Markets Portfolio Class L is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of companies operating within emerging and frontier markets. With an investment strategy that favors growth-oriented stocks in developing regions, the fund emphasizes opportunities in markets often overlooked by mainstream emerging market indices, such as Southeast Asia, Latin America, and select frontier economies. The portfolio is diversified across industries, with notable holdings in the technology, consumer cyclical, financial services, and healthcare sectors. This approach is designed to capture structural growth trends and evolving consumer dynamics in high-potential economies. The fund employs a top-down and thematic allocation process, aiming to benefit from macroeconomic shifts and demographic changes in these markets. Managed by a team with expertise in global emerging markets, the portfolio serves investors seeking exposure to next-generation growth opportunities outside developed economies. A distinguishing feature is its high portfolio concentration, with significant weights in top holdings, reflecting targeted conviction in select companies. The Class L shares, however, are currently closed to new investors, and the fund maintains a relatively higher expense ratio compared to many peers, reflecting the specialized nature of its investment universe and research-intensive approach.
Fund Family Morgan Stanley
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol MFMLX
Share Class Class L
Index MSCI Frontier Emerging Markets TR Index
MFMLX had a total return of 8.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.86%.
