None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. GIP is headquartered in New York City and its equity investments are in infrastructure assets in the energy, transport and water/waste sectors. WAL is the weighted average life of the portfolio. © 2020 Morningstar. The Global X U.S. Infrastructure Development ETF (PAVE) seeks to invest in companies that stand to benefit from a potential increase in infrastructure activity in the United States, including those involved in the production of raw materials, heavy equipment, engineering, and construction. Source: Morningstar, Inc. Standard deviation is a 3-year statistical measure of the volatility of a fund’s returns. Our monthly Global Equity Observer shares our thoughts on world events as seen through the lens of our high quality investment process.





Please indicate that you have read the disclaimer. War, terrorism, economic uncertainty, trade disputes, public health crises (including the recent pandemic spread of the novel coronavirus) and related geopolitical events could lead to increased market volatility, disruption to US and world economies and markets and may have significant adverse effects on the fund and its investments.

© document.write(new Date().getFullYear()); Morgan Stanley. All rights reserved. Net income dividends and short-term capital gain dividends, while generally taxable at ordinary income rates, may be eligible, to the extent of qualified dividend income earned by the Fund, to be taxed at a lower rate not to exceed the maximum rate applicable to your long-term capital gains.



Class A and T shares are subject to a maximum front-end sales charge. 4 May not sum to 100% due to rounding. Management Expense Ratio (“MER”) represents the trailing 12-month management expense ratio, which reflects the cost of running the fund, inclusive of applicable taxes including HST, GST and QST (excluding commissions and other portfolio transaction costs) as a percentage of daily average net asset value the period, including the fund’s proportionate share of any underlying fund(s) expenses, if applicable.

Institutional Class shares are generally available only to qualified institutions. Turnover rate is the rate of trading activity in a fund’s portfolio of investments, equal to the lesser of purchases or sales, for a year, divided by average total assets for that year.

30-Sep-2020, As of Our monthly Global Equity Observer shares our thoughts on world events as seen through the lens of our high quality investment process. The Institutional, R, R6 and S share classes are not subject to a sales charge. 30-Sep-2020, As of



CI Global Asset Management® and the CI Global Asset Management design are registered trademarks of CI Global Asset Management Inc. “Trusted Partner in WealthTM" is a trademark of CI Global Asset Management Inc. ©CI Global Asset Management Inc. 2020. 21-Jul-2020, As of

WAM is the weighted average maturity of the portfolio.

A net deficit results when the Fund has net unrealized losses that are in excess of any net realized gains that have not yet been distributed.

For more information please see the Charges and Expenses section of the prospectus.

All rights reserved. police allege New York man tries to tap into deep bank account, Toomey: Biden is likely to be president, transition process should begin, Xtreme Pictures Acquires and Produces Vin Diesel xXx Film Franchise, Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation, Momo to Report Third Quarter 2020 Results on December 1, 2020, Hertz Global Holdings Reports Third Quarter 2020 Financial Results, Giant Food Announces New Store Opening in Springfield, VA, Koch Separation Solutions Acquires Leading Dairy Technology Provider RELCO, CareOne Announce New Senior Care Community: CareOne at East Brunswick Assisted Living, The Ultimate Team: Florida Technical College is Now the Official Culinary School of The Miami Dolphins, SmartStop Self Storage REIT, Inc. to Acquire Strategic Storage Trust IV, Inc. in $370 Million All-Stock Transaction, Marex Spectron To Acquire Chicago-Based XFA Execution Broker. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations.

Please visit our Glossary page for fund related terms and definitions. Get local Breaking News alerts sent directly to your inbox. If you wish to receive this information electronically, please contact Investor.Relations@aberdeenstandard.com. The Global Infrastructure Fund helps investors globally diversify their portfolios through participation in the reinvigoration of the world’s infrastructure. Signature Global Asset Management is a division of CI Investments Inc. Certain funds associated with Signature Global Asset Management are sub-advised by CI Global Investments Inc., a firm registered with the U.S. Securities and Exchange Commission and an affiliate of CI Investments Inc. ** Calendar Year Return (%) is available by selecting the fund name in the pricing table. These securities and percentage allocations are only for illustrative purposes and do not constitute, and should not be construed as, investment advice or recommendations with respect to the securities or investments mentioned. The Global Infrastructure Fund seeks growth opportunity from global economic development by investing in U.S. and non-U.S. infrastructure companies Performance data quoted is based on average annualized returns and net of fees. As of

Cloudy, warm, and rather humid with rain much of the time. There are additional risks associated with investing in commodities, high-yield bonds, aggressive growth stocks, non-diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses. Our portfolio, grounded in 120 years of investment experience, provides diversified exposure to scarce, high … All rights reserved. You should be aware that the terms and conditions of the site and the site's privacy policy may be different from those applications of your use of dws.com. Beta is a historical measure of a fund’s sensitivity to the movements of the fund’s benchmark index.

Please consider the investment objectives, risks, charges and expenses of the fund carefully before investing.

2 The Dow Jones Brookfield Global Infrastructure Index is a float-adjusted market capitalization weighted index that measures the stock performance of companies that exhibit strong infrastructure characteristics. These include commercial paper, open FX transactions, Treasury bills and other short-term instruments. A fund with a beta less than 1 is less volatile. 21-Jul-2020, As of

Source: DWS as of 9/30/19.

In no event shall we be responsible for the information contained on the site or you use of,or inability to use, the site. The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes.

Furthermore, the value of investments may be adversely affected by fluctuations in exchange rates between the investor’s reference currency and the base currency of the investments. For individuals guided by an advisor’s personalized advice. The page you selected has opened in a new window. As of

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