There's no covering letter soliciting an investment. Just this prospectus document which I haven't read - I just flicked through it. Other than the document errors or looks like a regular impenetrable financial prospectus. Maybe it's some automatically circulated document related to my E*Trade account but I don't know why it would be. As I said, I'm obviously not going to act on it and am not that concerned - just confused.Hi Clubman
It's not easy to read so I am not sure what it is.
Are they asking you to invest?
Thanks @RedOnion - l think I have $12 in my E*Trade account.I'd imagine when you have funds sitting in your e*trade account, this is the fund they are invested in. It should all be in your terms & conditions - there'll be something about Money Market sweep rates.
Etrade is owned by Morgan Stanley, which is why they use those funds.
Are you sure?This is a scam which is piggybacking on a genuine unsolicited email from Morgan Stanley to clients of E*Trade
[Solved - not a scam] Unsolicited Morgan Stanley Treasury Liquidity Fund prospectus in the post
I received the above in the post this morning. Obviously I'm not going to act on it but I wonder if it's a scam? I don't have any dealings with Morgan Stanley other than the fact that they acquired E*Trade recently. But I certainly never requested any prospectus or info about any such fund from...www.askaboutmoney.com
That doesn't look like a scam to me.And the scammers are now piggybacking on this to launch their own scam
Scam: "Morgan Stanley Treasury Liquidity Fund"
The document is full of typos and formatting issues The Morgan Stanley logo on the front has a poorly detoured background still visible It is written in deliberately obtuse legalese/financialese that sums up to: this is a super secret exclusive opportunity to invest in a tax haven, you are not...www.askaboutmoney.com
Yes. The booklet is very unprofessional and without any cover letter to explain why it was sent it looks very suspicious.Very interesting
So Morgan Stanley produces a genuine document to look like a scam?
Yes. Somebody in Morgan Stanley didn't really think this through.No wonder people are confused.
What scam?There are plenty of scam indicators, some of which I listed earlier
The document cannot be sent to US citizens. Only non US citizens can use the Cayman Islands fund. A lot of those warnings are standard where a document cannot be shared with specific countries.this is a super secret exclusive opportunity to invest in a tax haven, you are not allowed to talk about it or show anyone.
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