*Reflects findings from the Morgan Stanley Institute for Sustainable Investing’s Sustainable Reality reports:
“Sustainable Reality: Analyzing Risk and Returns of Sustainable Funds”, Morgan Stanley, 2019 (https://www.morganstanley.com/pub/content/dam/msdotcom/ideas/sustainable-investing-offers-financial-performance-lowered-risk/Sustainable_Reality_Analyzing_Risk_and_Returns_of_Sustainable_Funds.pdf; accessed on September 5, 2021)
“Sustainable Reality: 2020 Update”, Morgan Stanley, 2020 (https://www.morganstanley.com/content/dam/msdotcom/en/assets/pdfs/3190436-20-09-15_Sustainable-Reality-2020-update_Final-Revised.pdf; accessed on September 5, 2021)
“Sustainable Funds Outperform Peers in 2020 During Coronavirus”, Morgan Stanley, 2021 (https://www.morganstanley.com/ideas/esg-funds-outperform-peers-coronavirus; accessed on September 5, 2021).
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This material was published on October 27, 2021 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 or strategy referenced in any materials. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. Morgan Stanley, its affiliates, employees and Morgan Stanley Financial Advisors do not provide tax, accounting or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning, and their attorney for matters involving legal matters.
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