About MGKAX
The Morgan Stanley Global Permanence Fund Class A is an actively managed mutual fund designed to achieve long-term capital appreciation by investing primarily in equity securities of established companies around the world. Its core strategy focuses on identifying businesses that benefit from efficient scale and possess durable, sustainable competitive advantages, making them more resilient to disruptive change and market volatility. Target companies typically demonstrate strong fundamentals, such as high returns on invested capital and robust free cash flow, positioning them as leaders within their respective industries. The fund employs a research-driven, bottom-up investment process, with the management team seeking unique, high-quality growth opportunities across diverse sectors like technology, healthcare, financial services, and industrials. The portfolio is concentrated and conviction-weighted, with a significant portion allocated to its highest-conviction holdings. As part of the global large-stock growth category, the fund aims to outperform its benchmark, the MSCI All Country World Index, by harnessing disciplined idea generation and rigorous company research. Since its inception in 2019, it has aimed to provide investors with exposure to a thoughtfully curated mix of global industry leaders.
Fund Family Morgan Stanley
Category World Large-Stock Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MGKAX
Share Class Class A
Index MSCI AC World NR USD
MGKAX had a total return of -2.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.20%.
