The Morgan Stanley Strategic Equity PortfolioSM (STEPSM) program is a dynamic investment process that combines the benefits of professional stock selection with the flexibility of individual stock ownership.
Through the program, you purchase a complete portfolio of stocks with a single transaction, but you can trade its securities individually, at any time, because you have outright ownership of each stock in the portfolio. Other benefits of investing in Strategic Equity Portfolios include:
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Professional stock selection and ongoing monitoring. |
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Diversification. |
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Flexibility. |
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Value. |
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The guidance of your Morgan Stanley Financial Advisor. |
Strategic Equity Portfolios are structured and monitored on an ongoing basis by members of Morgan Stanley’s STEP Stock Selection Committee and may be purchased in a single transaction as individual stocks. Periodically, changes to the portfolios are recommended; investors then decide whether the recommendation makes sense for their particular financial situation. After an investor purchases the STEP, the same stocks will remain in his or her account unless individual stocks are bought or sold in response to subsequent changes in the model STEP or as otherwise individually determined by the investor. Investors should seek advice from a financial advisor as to the suitability of investing in any of the securities or investment strategies discussed here.
