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 MORGAN STANLEY`S STRUCTURED INVESTMENTS FOR FEBRUARY 2015
CALL TONY @ 732-807-2354 TO PLACE ORDERS
BROKER-DEALER USE ONLY
Commod
Note
3nc6m
MS 12% Oil Trigger Income
61762GDA9
Equity
Note
2nc3m
MS 15.50% Chesapeake Energy Trigger Income
61761JWK1
Equity
Note
2nc3m
MS 14.40% Tesla Trigger Income
61761JWJ4
Commod
Note
10nc3y
MS 8% Oil Trigger Income 61762GDB7
Equity
Note
15y
MS 6.50% (Fixed 5yr) SX5E & RTY Trigger Income 61761JWP0
Equity
Note
15nc5y
MS 7% Cannon Income Note (2x at Maturity)
61761JWR6
Equity
Note
15y
MS 6.25% RTY & EuroStoxx Trigger Income Plus
61761JWQ8
Equity
Note
8y
MS S&P 500 Trigger Booster (140% Upside)
61761JWM7
MS 3nc6m 12% Oil Trigger Income (Auto Call)
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
S&P GSCI Crude Oil Index (SPGCCLP)
Expecting Pricing /
Settle Date
February 13, 2015 / February 19, 2015
Maturity Date
February 16 , 2018 (3 year)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$98.75
12% subject to SPGCCLP closing at or above 75% of initial
60% of initial (only observed at maturity)
Automatically on 8/13/2015 & quarterly thereafter if SPGCCLP is above initial strike
Quarterly Pay / Quarterly Observation
Final index value divided by the initial index value
Payment at Maturity
If the Final Index Values are greater than or equal to 60% of initial: Par
If one of the Final Index Values is less than Trigger Level:
$1,000 x (Lesser Index Performance Factor)
CUSIP
61762GDA9
EXAMPLES
ü If SPGCCLP closes at or above 75% of initial after the fixed period, you will receive a 12% annualized coupon for that quarter.
ü If SPGCCLP closes below 75% of initial after the fixed period, you will receive a 0% annualized coupon for that quarter.
ü If SPGCCLP closes below 60% of initial at maturity, the investor realizes full downside.
ü For example, If SPGCCLP is down 41% at maturity, the note will mature at 59.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 12.00% if the closing value of SPGCCLP is equal to or above 75% of initial on observation day.
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons after the fixed period are subject to the performance of both the S&P GSCI Crude Oil Index.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 2nc3mo 15.50% Chesapeake Energy Trigger Income
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
Chesapeake Energy Corp. (CHK)
Expecting Pricing /
Settle Date
February 13, 2015 / February 19, 2015
Maturity Date
February 20, 2017 (2 years)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$98.75
15.50% subject to CHK closing at or above 70% of initial
70% of initial (only observed at maturity)
Automatically on 5/19/15 & quarterly thereafter if CHK is above initial strike
Monthly Pay / Monthly Observation
Final index value divided by the initial index value
Payment at Maturity
If the Final Underlying Value is greater than or equal to 70% of initial: Par
If the Final Underlying Value is less than Trigger Level:
$1,000 x (Index Performance Factor)
CUSIP
61761JWK1
EXAMPLES
ü If Chesapeake Energy closes at or above 70% of initial, you will receive a 15.50% annualized coupon for that month.
ü If Chesapeake Energy closes below 70% of initial, you will receive a 0% annualized coupon for that month.
ü If Chesapeake Energy closes above initial on a quarterly observation date, the note is automatically called at par.
ü If Chesapeake Energy closes below 70% of initial at maturity, the investor realizes full downside.
ü If Chesapeake Energy is down 31% at maturity, the note will mature at 69.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 15.50% if the closing value of Chesapeake Energy is equal to or above 70% of initial on observation day.
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons are subject to the performance of the Chesapeake Energy Corporation.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 2nc3mo 14.40% Tesla Trigger Income
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
Tesla Motors Inc. (TSLA)
Expecting Pricing /
February 13, 2015 / February 19, 2015
Settle Date
Maturity Date
February 20, 2017 (2 years)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$98.75
14.40% subject to TSLA closing at or above 75% of initial
75% of initial (only observed at maturity)
Automatically on 5/19/15 & quarterly thereafter if TSLA is above initial strike
Monthly Pay / Monthly Observation
Final index value divided by the initial index value
Payment at Maturity
If the Final Underlying Value is greater than or equal to 75% of initial: Par
If the Final Underlying Value is less than Trigger Level:
$1,000 x (Index Performance Factor)
CUSIP
61761JWJ4
EXAMPLES
ü If Tesla
ü If Tesla
ü If Tesla
ü If Tesla
ü If Tesla
closes at or above 75% of initial, you will receive a 14.40% annualized coupon for that month.
closes below 75% of initial, you will receive a 0% annualized coupon for that month.
closes above initial on a quarterly observation date, the note is automatically called at par.
closes below 75% of initial at maturity, the investor realizes full downside.
is down 26% at maturity, the note will mature at 74.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 14.40% if the closing value of Tesla is equal to or above 75% of initial on observation day.
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons are subject to the performance of Tesla.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 10nc3y 8% Oil Trigger Income FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
S&P GSCI Crude Oil Index (SPGCCLP)
Expecting Pricing /
Settle Date
February 24, 2015 / February 27, 2015
Maturity Date
February 27 , 2025 (10 year)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$97.25
8% subject to SPGCCLP closing at or above 75% of initial
50% of initial (only observed at maturity)
Automatically on 2/26/2018 & quarterly thereafter if SPGCCLP is above initial strike
Quarterly Pay / Quarterly Observation
Final index value divided by the initial index value
Payment at Maturity
If the Final Index Values are greater than or equal to 50% of initial: Par
If one of the Final Index Values is less than Trigger Level:
$1,000 x (Lesser Index Performance Factor)
CUSIP
61762GDB7
EXAMPLES
ü If SPGCCLP closes at or above 75% of initial after the fixed period, you will receive an 8% annualized coupon for that quarter.
ü If SPGCCLP closes below 75% of initial after the fixed period, you will receive a 0% annualized coupon for that quarter.
ü If SPGCCLP closes below 50% of initial at maturity, the investor realizes full downside.
ü For example, If SPGCCLP is down 51% at maturity, the note will mature at 49.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 8.00% if the closing value of SPGCCLP is equal to or above 75% of initial on observation day.
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons after the fixed period are subject to the performance of both the S&P GSCI Crude Oil Index.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 6.50% (Fixed 5yr) SX5E & RTY Trigger Income FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
EuroStoxx 50 (SX5E) & Russell 2000 (RTY)
Expecting Pricing /
Settle Date
February 24, 2015 / February 27, 2015
Maturity Date
February 27, 2030 (15 year)
Price
$97.25
Interest Rate
Trigger Level
Coupon Frequency
Index Performance
Factor
6.50% FIXED 5yrs (Not Contingent)
Then 6.50% subject to SX5E & RTY closing at or above 50% of initial
50% of initial (only observed at maturity)
Monthly Pay / Monthly Observation
Final index value divided by the initial index value
Payment at Maturity
If the Final Index Values are greater than or equal to 50% of initial: Par
If one of the Final Index Values is less than Trigger Level:
$1,000 x (Lesser Index Performance Factor)
CUSIP
61761JWP0
**Earn 32.50% income before the coupon becomes contingent.
EXAMPLES
ü If the EuroStoxx 50 and Russell 2000 close at or above 50% of initial after the fixed period, you will receive a 6.50% annualized coupon for that
month.
ü If either the EuroStoxx 50 or Russell 2000 closes below 50% of initial after the fixed period, you will receive a 0% annualized coupon for that
month.
ü If either the EuroStoxx 50 or Russell 2000 closes below 50% of initial at maturity, the investor realizes full downside.
ü If the worst performing index is down 51% at maturity, the note will mature at 49.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 6.50% if the closing value of the EuroStoxx 50 and Russell 2000 are equal to or above 50% of initial on
observation day.
ü Investors will earn 32.50% in fixed coupons before the coupon contingency starts.
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons after the fixed period are subject to the performance of both the EuroStoxx 50 and Russell 2000.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 15nc5y 7% Cannon Income Note (2x at Maturity)
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
Russell 2000 (RTY) & EuroStoxx 50 (SX5E)
Expecting Pricing /
Settle Date
February 24, 2015 / February 27, 2015
Maturity Date
February 27, 2030 (15 year)
Price
Interest Rate
Callable
Coupon Frequency
Index Performance
Factor
$97.25
7.00% subject to RTY & SX5E closing at or above 75% of initial
- Automatically on 2/27/20 & quarterly thereafter if RTY & SX5E are above the initial strike.
Monthly Pay / Monthly Observation
Final index value divided by the initial index value
Payment at Maturity
- Two times the final value of the least performing index
- 2 x $1,000 x (Lesser Index Performance Factor)
CUSIP
61761JWR6
EXAMPLES
ü If both indices are flat it will mature at 200% (100% x 2).
ü If the least performer is down 25%, it will mature at 150% (75% x 2).
ü If the least performer is down 50%, it will mature at Par (50% x 2).
ü If the least performer is down 55%, it will mature at 90% (45% x 2).
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons are subject to the performance of Russell 2000 & EuroStoxx.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS 6.25% RTY & EuroStoxx Trigger Income Plus (NO CAP)
FOR BROKER-DEALER USE ONLY
Issuer
Underlyings
Morgan Stanley
Russell 2000 (RTY) & EuroStoxx 50 (SX5E)
Expecting Pricing /
Settle Date
February 24, 2015 / February 27, 2015
Maturity Date
February 27, 2030 (15 year)
Price
Interest Rate
$97.25
6.25% subject to RTY & SX5E closing at or above 70% of initial
Participation
Trigger Level
Coupon Frequency
100% of least performing underlying (NO CAP)
50% of initial (only observed at maturity)
Monthly Pay / Monthly Observation
Payment at Maturity
· If the Final Index Value greater than initial: $1,000 x (Index Percent Change)
· If the Final Index Value is less than initial, but greater than or equal to Trigger Level:
Par
· If the Final Index Value is less than Trigger Level: $1,000 x (Index Percent Change)
CUSIP
61761JWQ8
EXAMPLES
ü If the Russell 2000 & EuroStoxx close at or above 70% of initial, you will receive a 6.25% annualized coupon for that month.
ü If either the Russell 2000 or EuroStoxx closes below 70% of initial, you will receive a 0% annualized coupon for that month.
ü If both the Russell 200 & EuroStoxx are above initial at maturity, you will receive a 6.25% annualized coupon AND 100% of the return on the least
performing underlying (NO CAP).
ü If either the Russell 2000 or EuroStoxx closes below 50% of initial at maturity, the investor realizes full downside.
STRATEGY OVERVIEW
ü Investors will receive a 6.25% annualized coupon if the closing value of the Russell 2000 & EuroStoxx are equal to or above 70% of initial on
observation days.
ü If the closing value of the underlying is at or above initial on the final observation day, investors will receive a return equal to 100% of the return
on the lower performing underlying (NO CAP).
RISK CONSIDERATIONS
ü These notes and all interest payments are subject to issuer credit risk.
ü The coupons are subject to the performance of both Russell 2000 & EuroStoxx.
ü Investors could receive a 0% coupon for an extended period of time.
ü Investors could lose up to 100% of the stated principal amount of the securities.
MS S&P 500 Trigger Booster (140% Upside)
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
S&P 500 (SPX)
Expecting Pricing /
Settle Date
February 24, 2015 / February 27, 2015
Maturity Date
February 27, 2023 (8 years)
Price
Trigger Level
Participation Rate
Maximum Return
Index Performance
Factor
$97.25
Payment at Maturity
CUSIP
50% of initial (only observed at maturity)
140%
>>NO CAP<<
Final index value divided by the initial index value
If the Final Index Value greater than initial: $1,000 x (Index Percent Change x 1.40)
If the Final Index Value is less than initial, but greater than or equal to Trigger Level: Par
If the Final Index Value is less than Trigger Level: $1,000 x (Index Performance Factor)
61761JWM7
EXAMPLES
ü If SPX is down 30%, the note will mature at 100%.
ü If SPX is down 51%, the note will mature at 49%.
ü If SPX is up 50%, the note will mature at 170%.
ü If SPX is up 100%, the note will mature at 240%.
RISK CONSIDERATIONS
ü These notes are subject to issuer credit risk.
ü No interim payments on the notes will be made until Maturity.
ü Investors could lose up to 100% of the stated principal amount of the securities.
For Broker/Dealer Use Only
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Investment Advisory Services offered through National Asset Management, Inc. (NAM)
Insurance Services offered through National Insurance Corporation. (NIC)
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However, risk related to securities and investment products can never be completely eliminated.