Fund Description

The fund was incepted in April 1993 and is managed by Morgan Stanley Investment Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of European issuers. The fund seeks to maintain a diversified portfolio of equity securities of European issuers based on individual stock selection. Under normal circumstances, at least 80% of the fund's assets are invested in equity securities of issuers in European countries. Dividends and capital gains, if any, are distributed annually.