About MSALX
Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio Class L is a mutual fund focused on international large-cap growth equities. Its primary objective is to achieve long-term capital appreciation by investing mainly in high-quality, established companies outside of the United States. The fund leverages a concentrated, high-conviction portfolio strategy, targeting firms that the investment team believes possess sustainable competitive advantages and are undervalued at the time of purchase. The portfolio often includes leaders in consumer cyclical, technology, industrial, and healthcare sectors, with significant positions in companies like Hermes International, ASML Holding, and MercadoLibre. The investment process integrates analysis of financial strength along with environmental, social, and governance (ESG) factors, aiming to identify businesses resilient to disruptive change. This fund plays a significant role for investors seeking exposure to established international markets and diverse sector opportunities beyond U.S. borders, typically maintaining a large active share relative to its benchmark, the MSCI All Country World ex USA Index.
Fund Family Morgan Stanley
Category Foreign Large Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MSALX
Share Class Class L
Index MSCI AC World ex USA NR USD
MSALX had a total return of -4.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.94%.
