Morgan Stanley China A Share Fund, Inc. Announces Advisory Fee Reduction
June 15 2023 - 4:30PM
Business Wire
Morgan Stanley Investment Management announced today that,
effective July 1, 2023, the annual advisory fee of Morgan Stanley
China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) will be reduced
from 1.50% to 1.25% of the Fund’s average weekly net assets.
The Fund is a non-diversified, closed-end management investment
company that seeks capital growth by investing, under normal
circumstances, at least 80% of its assets in A-shares of Chinese
companies listed on the Shanghai and Shenzhen Stock Exchanges. The
Fund’s shares are listed on the NYSE under the symbol “CAF.”
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 1,300 investment
professionals around the world and $1.4 trillion in assets under
management or supervision as of March 31, 2023. Morgan Stanley
Investment Management strives to provide outstanding long-term
investment performance, service and a comprehensive suite of
investment management solutions to a diverse client base, which
includes governments, institutions, corporations and individuals
worldwide. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
wealth management and investment management services. With offices
in 42 countries, the Firm’s employees serve clients worldwide
including corporations, governments, institutions and individuals.
For further information about Morgan Stanley, please visit
www.morganstanley.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
the securities in any state in which such offer, solicitation or
sale would be unlawful under the securities laws of any such
state.
Investing involves risk and it is possible to lose money on
any investment in the Fund.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230615625479/en/
For more information: 800.231.2608
Morgan Stanley China A S... (NYSE:CAF)
Historical Stock Chart
From Dec 2024 to Jan 2025
Morgan Stanley China A S... (NYSE:CAF)
Historical Stock Chart
From Jan 2024 to Jan 2025
