1. https://www.centerforfinancialinclusion.org/storage/documents/IIF_CFI_Report_FINAL.pdf July 2016
2. https://www. businesswire.com/news/home/20160322005732/en/Global-Mobile-Health-Market-
Analysis-Trends-2016 March 22, 2016.
3. https://www.vccircle.com/indias-education-market-nearly-double-180-bn-2020-1/ Nov.21, 2016
4. https://www.vccircle.com/indias-education-market-nearly-double-180-bn-2020-1/ Nov. 21, 2016
5. Eric Bellman, and Aditi Malhotra. (2016). “Why the Vast Majority of Women in India Will Never Own a Smartphone.” Oct 13, 2016, The Wall Street Journal. Availableat: https://www.wsj.com/articles/why-the-vast-majority-of-women-in-india-will-never-own-a-smartphone-1476351001
6.https://www.weforum.org/agenda/2016/06/correcting-the-digital-gender-gap/
7. https://webfoundation.org/2016/10/digging-into-data-on-the-gender-digital-divide/
Disclosures:
The material contained in the Inclusive Growth Opportunities Index (“Index”) was developed by the Economic Intelligence Unit with [support from][input from] the Morgan Stanley Institute for Sustainable Investing. The data contained herein may be obtained from a variety of sources and may be subject to change. Morgan Stanley and its affiliates disclaim any and all liability for the information, including without limitation, any express or implied representations or warranties for information or errors contained in, or omissions from, the information. Morgan Stanley and its affiliates, employees and officers shall not be liable for any loss or liability suffered by you resulting from the provision to you of the information or your use or reliance in any way on the information. References to Economic Intelligence Unit and/or third parties contained herein should not be considered a solicitation on behalf of or an endorsement of those entities by Morgan Stanley.
The information and/or projections generated by the Index regarding the likelihood of various outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Since the future cannot be forecast, actual results will vary from the information shown for the future, including estimates and assumptions. It is possible that these variations may be material. The degree of uncertainty normally increases with the length of the future period covered. As a result, Morgan Stanley cannot give any assurances that any estimates, assumptions or other aspects of the following analyses will prove correct. They are subject to actual known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those shown.
The Technology for Inclusive Growth Index is new and first of its kind without prior historical information or performance and may not be suitable for all investors. It should not be assumed that any transactions or holdings discussed were or will prove to be profitable. In general, indices are unmanaged. An investor cannot invest directly in an index. The index is shown for illustrative purposes only and does not represent the performance of any specific investment or strategy.
This material was published on [Month date, year] and has been prepared for informational purposes only and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. This material was not prepared by the Morgan Stanley Research Department and is not a Research Report as defined under FINRA regulations. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. LLC (collectively, “Morgan Stanley”), Members SIPC, recommend that recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences, of the transaction. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.
This material contains forward looking statements and there can be no guarantee that they will come to pass. Information contained herein is based on data from multiple sources and Morgan Stanley makes no representation as to the accuracy or completeness of data from sources outside of Morgan Stanley. References to third parties contained herein should not be considered a solicitation on behalf of or an endorsement of those entities by Morgan Stanley.
International investing entails greater risk, as well as greater potential rewards compared to U.S. investing and may not be suitable for all investors. These risks include political and economic uncertainties of foreign countries as well as the risk of currency fluctuations. These risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economics. In addition, the securities markets of many of the emerging markets are substantially smaller, less developed, less liquid and more volatile than the securities of the U.S. and other more developed countries.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
© 2017 Morgan Stanley & Co LLC and Morgan Stanley Smith Barney LLC, members SIPC.
CRC 1800128 5/2017
Source: morganstanley.com
