MS Emerging Markets Fund

The Morgan Stanley Emerging Markets Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is long-term capital appreciation through investments primarily in emerging country equity securities. It invests in various sectors, such as banks; insurance; diversified telecommunication services; food and staples retailing; food products; Internet software and services; oil, gas and consumable fuels; automobiles; beverages; construction and engineering; hotels, restaurants and leisure; independent power producers and energy traders; Internet and catalog retail; machinery; pharmaceuticals, real estate management and development; textiles, apparel and luxury goods; transportation infrastructure, and wireless telecommunication services. It invests in countries, such as Austria, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hong Kong and India. Morgan Stanley Investment Management Inc. acts as the advisor for the Fund.