Impact Investing: Tips for Driving Positive Change


1 Source: “ESG Investing Comes of Age”, Morningstar, accessed April 20, 2022:

2 Source: “Global Sustainable Fund Flows: Q4 2021”, Morningstar, published on January 31, 2022:

3 As of April 6, 2022


This document has been prepared for informational purposes only and does not provide personalized investment advice. It has been prepared without taking into account the personal financial situation and objectives of the people who receive it. The strategies and/or investments discussed herein may not be suitable for all investors. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate specific investments and strategies, and encourages investors to seek the advice of a financial advisor. The suitability of a particular investment or strategy will depend on the investor’s individual circumstances and objectives. This document is not an offer to buy or sell securities or to participate in any trading strategy. Asset allocation and diversification do not guarantee profit or protect against loss. Past performance is not indicative of future results.

Investing in the market involves the risk of market volatility. The value of all types of investments can go up or down over varying periods of time. Investing in fixed income securities involves credit risk and interest rate risk. When interest rates rise, bond prices generally fall.

Returns from a portfolio comprised primarily of environmentally, social and governance (“ESG”)-sensitive, diversity, equity and inclusion (DEI), or faith-based investments may be lower or higher than those of a more diversified portfolio or in which decisions are based solely on investment considerations. Because ESG criteria exclude certain investments, investors may not be able to take advantage of the same opportunities or market trends as investors who do not use these criteria.

Please note that there is currently no standard definition of a green bond. Without limiting any of the statements contained herein, Morgan Stanley makes no representations or warranties as to whether any particular bond constitutes a green bond or is consistent with investors’ expectations or objectives for investing in green bonds. For more information on the features of these bonds, the use of the product, a description of the applicable project(s), and/or any other relevant information about the bond, please see the bond’s offering documents.

Bond funds and bond holdings have the same interest rate, inflation and credit risks associated with the underlying bonds held by the funds. Return of principal of bond funds and funds holding large bonds is not guaranteed

Morgan Stanley is both a registered broker and an investment adviser. Your Morgan Stanley Access Investing (“MSAI”) account is a discretionary investment advisory account. Morgan Stanley is responsible for implementing the model portfolios in your MSAI account, as well as any reasonable restrictions you may impose. Further information is available in the Morgan Stanley Access Part 2A Investment Program Form ADV and accompanying supplement at

A Morgan Stanley Access Investing account can be opened with as little as $5,000 and is subject to an annual advisory fee of 0.30% based on your account balance and will be charged monthly. The annual advisory fee of 0.30% does not include and is in addition to fees associated with owning shares of exchange-traded funds and mutual funds.

Morgan Stanley Access Investing® is a registered service mark of Morgan Stanley Smith Barney LLC.

Investors should carefully consider the investment objectives, risks, charges and expenses of a mutual fund/ETF before investing. The prospectus contains this information and other information about the mutual fund/ETF. To obtain a prospectus, contact your financial advisor or visit mutual fund/ETF the company’s website. Please read the prospectus carefully before investing.

We have prepared this document and the results of the Morgan Stanley Impact Quotient (IQ) tool for informational purposes only. You should not permanently rely on it or use it to form the final basis of any decision, contract, undertaking or action whatsoever, with respect to any proposed transaction or otherwise. This document and the Morgan Stanley IQ tool do not provide personalized investment advice. Information derived from Morgan Stanley IQ has been prepared without regard to the individual financial circumstances and objectives of the persons receiving it. Morgan Stanley IQ relies on information from multiple sources and Morgan Stanley makes no representations as to the accuracy or completeness of information from sources outside of Morgan Stanley. The information in MSIQ was obtained from MSCI ESG Research, Equileap, ISS-ESG, Fossil Free Indexes, the United Nations and Morgan Stanley.

Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley’s financial or private wealth advisors do not provide tax or legal advice. Individuals should consult their personal tax or legal advisors to understand the tax and legal consequences of any action, including any implementation of any strategy or investment described herein. Individuals should consult their tax advisor for matters relating to taxation and tax planning and their lawyer for matters relating to trust and estate planning, charitable giving, philanthropic planning and other matters. legal.

Morgan Stanley Wealth Management is the trading name of Morgan Stanley Smith Barney LLC, a registered broker in the United States.

© 2022 Morgan Stanley Smith Barney LLC, Member SIPC.

CRC#4680967 (04/2022)


Comments are closed.