Disclosures:
This material does not provide personalized investment advice. It has been prepared without taking into account the individual financial situation and objectives of the people receiving it. The strategies and/or investments discussed in this material may not be suitable for all investors. Morgan Stanley recommends that investors independently evaluate particular 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 material may provide website addresses or contain hyperlinks to websites. Except to the extent that the material references material on Morgan Stanley’s website, the Company has not reviewed the linked site. Likewise, except to the extent that the material refers to material on the Morgan Stanley Wealth Management website, the Company assumes no responsibility and makes no representations or warranties of any kind with respect to the data and information contained therein. are contained. This address or hyperlink (including addresses or hyperlinks to material on the Morgan Stanley Wealth Management website) is provided for your convenience and information only and the contents of the linked site do not form part of this document. Accessing this website or following any such link through the Company Materials or website is at your own risk and we shall have no liability arising out of or in connection with any such site Web referenced.
Past performance does not represent future results.
This material does not constitute a solicitation of an offer to buy or sell any securities or other financial instruments or to participate in any trading strategy.
Due to their narrow scope, sector-specific investments tend to be more volatile than investments diversified across many sectors and companies.
Diversification does not guarantee a profit or protect against loss in a declining financial market.
Physical precious metals are unregulated products. Precious metals are speculative investments whose prices may experience short- and long-term volatility. The value of investments in precious metals may fluctuate and appreciate or decrease, depending on market conditions. If it is sold in a declining market, the price you receive may be less than your initial investment. Unlike bonds and stocks, precious metals do not pay interest or dividends. Therefore, precious metals may not be suitable for investors who need current income. Precious metals are commodities that must be stored securely, which may impose additional costs on the investor. The Securities Investor Protection Corporation (SIPC) provides some protection for customers’ cash and securities in the event of a brokerage firm’s bankruptcy, other financial difficulties, or if customers’ assets go missing. SIPC insurance does not apply to precious metals or other raw materials.
Investing in commodities involves significant risks. Commodity markets can fluctuate significantly depending on a variety of factors, including changes in supply and demand relationships; government programs and policies; national and international political and economic events; wars and terrorist events; changes in interest and foreign exchange rates; commodity trading activities and related contracts; plague; weather report; technological change; and price volatility of a commodity. Additionally, commodity markets are subject to temporary distortions or other disruptions due to various factors, including lack of liquidity, speculator participation and government intervention.
An investment in an exchange-traded fund involves risks similar to those of an investment in a diversified portfolio of publicly traded equity securities in the relevant securities market, such as market fluctuations caused by factors such as economic and political developments, variations in interest rates. and perceived trends in stock prices. The investment return and principal value of ETF investments will fluctuate, so an investor’s ETF shares, if sold, may be worth more or less than their original cost.
Please consider an ETF’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the ETF. To obtain a prospectus, contact your financial advisor. Please read the prospectus carefully before investing.
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