MELAX : Morgan Stanley Institutional Fund, Inc. Emerging Markets Leaders Portfolio Class A

Fund Summary

The investment seeks long-term capital appreciation. Under normal circumstances, at least 80% of the fund's assets will be invested in equity securities of issuers located in emerging market countries. The investment process integrates information about ESG issues when making investment decisions. For purposes of maintaining exposure of at least 80% of the fund's assets to equity securities of companies located in emerging market countries, the fund may also invest in ADRs, GDRs and other types of depositary receipts with respect to companies located in emerging market countries. It is non-diversified.