In our latest Big Picture video, Jitania Kandhari, Deputy
CIO, Solutions & Multi Asset Group breaks down the limitations of
country-driven tariff policy given complex global dependencies in sectoral
manufacturing supply chains.
Risk Considerations: There is no
assurance that a portfolio will achieve its investment objective.
Portfolios are subject to market risk, which is the possibility that the
market values of securities owned by the portfolio will decline and
that the value of portfolio shares may therefore be less than what you
paid for them. Market values can change daily due to economic and other
events (e.g. natural disasters, health crises, terrorism, conflicts, and
social unrest) that affect markets, countries, companies, or
governments. It is difficult to predict the timing, duration, and
potential adverse effects (e.g. portfolio liquidity) of events.
Accordingly, you can lose money investing in this portfolio. Please be
aware that this portfolio may be subject to certain additional risks. In
general, equities securities’ values also fluctuate in response to
activities specific to a company. Investments in foreign markets entail special risks such as currency, political, economic, market and liquidity risks. The risks of investing in emerging market countries are greater than the risks generally associated with investments in foreign developed countries.
The views and opinions are those of the author
as of the date of publication and are subject to change at any time due
to market or economic conditions and may not necessarily come to pass.
The views expressed do not reflect the opinions of all investment
personnel at Morgan Stanley Investment Management (MSIM) and its
subsidiaries and affiliates (collectively the Firm”), and may not be
reflected in all the strategies and products that the Firm offers.
This material is a general communication, which
is not impartial, is for informational and educational purposes only,
not a recommendation to purchase or sell specific securities, or to
adopt any particular investment strategy. Information does not address
financial objectives, situation or specific needs of individual
investors.
Any charts and graphs provided are for illustrative purposes only. Any performance quoted represents past performance. Past performance does not guarantee future results.
Prior to making any investment decision,
investors should carefully review the strategy’s relevant offering
document. For the complete content and important disclosures, refer to Big Picture - Tariffs: Illusion Versus Reality.