¹ Morgan Stanley Impact Quotient was the 2019 winner of the Money Management Institute & Barron's Sustainable Investing Award

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Private Funds (which include hedge funds and private equity funds) often engage in speculative investment techniques and are only appropriate for long-term, qualified investors. Investors could lose all or a substantial amount of their investment. They are generally illiquid, not tax efficient and have higher fees than many traditional investments.

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