Morgan Stanley Inst Global Franchise I
MSFAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10036 United States of America
- IPO Date
- Nov 30, 2001
- CIK
- 0000836487
- Website
- morganstanley.com
- Similar Companies
- Business
- Morgan Stanley Institutional Fund, Inc. Global Franchise Portfolio Class I (MSFAX) is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of high-quality issuers located throughout the world, including both developed and emerging market countries; the portfolio normally invests in securities from at least three different countries, which may include the United States, with a focus on companies characterized by dominant intangible assets such as brands and networks, high returns on operating capital, strong free cash flow generation, high gross margins, capital-light business models, and robust balance sheets. The fund employs a concentrated, value-oriented, bottom-up stock selection process informed by rigorous fundamental analysis and a buy-and-hold approach to construct its portfolio, targeting high and unlevered return on operating capital excluding goodwill and intangibles (ROOCE), pricing power, and reduced downside participation in challenging markets. Managed as part of Morgan Stanley Investment Management's global equity strategies, it features a total expense ratio of 0.92%, a minimum initial investment of $5,000,000 for Class I shares, and holdings typically diversified across sectors with top positions in companies like Microsoft Corp., SAP SE, Visa Inc., L'Oreal SA, and Aon PLC. The fund operates globally, with portfolio composition spanning geographies including North America, Europe, and emerging markets, and it benchmarks against indices such as the MSCI World Net Index. Launched on November 28, 2001, it is part of the Morgan Stanley Institutional Fund, Inc. family under the asset management division of Morgan Stanley, headquartered in New York, New York. In recent developments, effective October 31, 2025, the fund underwent a portfolio management team transition, with Nic Sochovsky and Marcus Watson no longer serving as named portfolio managers; Isabelle Mast and Anton Kryachok were added as named portfolio managers, while William D. Lock, Bruno Paulson, Alex Gabriele, and Richard Perrott continued in their roles. Additionally, in August 2025, the portfolio executed significant holdings changes, including a complete exit from UnitedHealth Group (selling all 169,478 shares, reducing portfolio weight by -3.33%) and increases in stakes in Zoetis and Alphabet, reflecting ongoing active management adjustments amid market conditions. Earlier, on September 30, 2015, the associated Global Franchise Portfolio recommenced offering Class A shares to new investors and launched Class C shares (with a $1,000 minimum), though Class L shares were later suspended for sale to all investors.