Morgan Stanley Investment Management · LU3230653498
ELTIF 2.0 Multi-Asset Luxembourg Article 8 2 share classes ↓ Secondaries Co-Investments
Unit price (NAV) in EUR · share class F0AHXA EUR · 6 data points
Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.
These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.
Target return per the provider: KID moderate scenario 11.73 % p.a. (8 years)
Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.
What the fund does and how the portfolio is put together.
Risk indicator 3 of 7 from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 1.35% |
| Total ongoing costs | 1.35% |
| Entry charge max. | 5.00% |
| Redemption fee | 2.00% |
| Performance fee | 12.50% |
| Hurdle rate | 7.00% |
| High-water mark | not documented |
Median across 14 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
monthly
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed quarterly; notice must be given 75 days before the date; on each date the fund redeems at most 5 % of fund assets.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
quarterly (may be offered)
not documented
75 days
no lock-up for classes LU3230653498 and LU3230653571
The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.
2 classes known. All cost and risk figures on this page apply to LU3230653498.
| ISIN | Status | Min. investment | Ongoing costs | SRI |
|---|---|---|---|---|
| LU3230653498 | basis of this page | EUR 10,000 | 1.35% | 3/7 |
| LU3230653571 | not yet collected | not documented | not documented | not documented |
Costs, minimum investment and risk can differ markedly by class — check the key information document of the specific class before subscribing.
Who stands behind the fund, who it is authorised for — and what the figures rest on.
MSIM Fund Management (Ireland) Limited
ELTIF authorisation 10 Oct 2025; launch announcement 17 Nov 2025
Listed as “Cabot S.A. SICAV - Morgan Stanley Private Markets ELTIF“ · fund type: EU/foreign ELTIF, open-ended, all investors · ID 70171457
Retail + professional investors
AT, BE, DE, DK, ES + 12 others
SPECIAL FEATURE: this fund makes the second fee layer explicitly visible and partly offsets it. NO management fee is charged at fund level, because Morgan Stanley's remuneration arises at the level of the underlying investments; at fund level only 0.50 % p.a. administration fee plus a planned 0.85 % p.a. rebate to the distributor remain. Implementation is via direct investments, co-investments and secondary funds/investments (buyout, growth, direct lending; focus on North America/Europe) – Portfolio Solutions Group of Morgan Stanley Investment Management. Co-investments and direct investments typically incur no target-fund fees, whereas secondaries carry the full fees of the acquired fund managers. Whether, and at what level, a fee rebate/waiver applies to in-house MSIM target vehicles is not documented beyond the wording 'planned rebate of 0.85% p.a.'. No master-feeder structure. AIFM: MSIM Fund Management (Ireland) Limited (supervised by the Central Bank of Ireland), depositary BNY Mellon SA/NV Luxembourg
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.