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MS 2nc3mo 10.50% Facebook Trigger Income
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
Facebook Inc. (FB)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 27, 2016 (2 years)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$99.00
10.50% subject to FB closing at or above 80% of initial
80% of initial (only observed at maturity)
Automatically on 3/24/15 & quarterly thereafter if FB 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 80% of initial: Par
If the Final Underlying Value is less than Trigger Level:
$1,000 x (Index Performance Factor)
CUSIP
61761JUZ0
Prospectus
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JUZ0.pdf?
ts=1417524590171
EXAMPLES
ü If Facebook closes at or above 80% of initial, you will receive a 10.50% annualized coupon for that month.
ü If Facebook closes below 80% of initial, you will receive a 0% annualized coupon for that month.
ü If Facebook closes above initial on a quarterly observation date, the note is automatically called at par.
ü If Facebook closes below 80% of initial at maturity, the investor realizes full downside.
ü If Facebook is down 21% at maturity, the note will mature at 79.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 10.50% if the closing value of Facebook is equal to or above 80% 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 Facebook.
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 14.00% Twitter Trigger Income
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
Twitter Inc. (TWTR)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 27, 2016 (2 years)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$99.00
14.00% subject to TWTR closing at or above 65% of initial
65% of initial (only observed at maturity)
Automatically on 3/24/15 & quarterly thereafter if TWTR 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 65% of initial: Par
If the Final Underlying Value is less than Trigger Level:
$1,000 x (Index Performance Factor)
CUSIP
61761JVA4
Prospectus
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JVA4.pdf?
ts=1417524601506
EXAMPLES
ü If Twitter
ü If Twitter
ü If Twitter
ü If Twitter
ü If Twitter
closes at or above 65% of initial, you will receive a 14.00% annualized coupon for that month.
closes below 65% 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 65% of initial at maturity, the investor realizes full downside.
is down 36% at maturity, the note will mature at 64.00%.
STRATEGY OVERVIEW
ü Investors will receive a return of 14.00% if the closing value of Twitter is equal to or above 65% 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 Twitter.
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 11.75% LinkedIn Trigger Income
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
LinkedIn Corp. (LNKD)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 27, 2016 (2 years)
Price
Interest Rate
Trigger Level
Callable
Coupon Frequency
Index Performance
Factor
$99.00
Payment at Maturity
11.75% subject to LNKD closing at or above 75% of initial
75% of initial (only observed at maturity)
Automatically on 3/24/15 & quarterly thereafter if LNKD is above initial strike
Monthly Pay / Monthly Observation
Final index value divided by the initial index value
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
61761JVB2
Prospectus
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JVB2.pdf?
ts=1417524614305
EXAMPLES
ü If LinkedIn
ü If LinkedIn
ü If LinkedIn
ü If LinkedIn
ü If LinkedIn
closes at or above 75% of initial, you will receive a 11.75% 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 11.75% if the closing value of LinkedIn 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 LinkedIn.
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
December 19, 2014 / December 24, 2014
Maturity Date
December 24 , 2029 (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
61761JVC0
Prospectus
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JVC0.pdf?
ts=1417524623241
**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 6.00% Trigger Income Plus (Uncapped Upside)
FOR BROKER-DEALER USE ONLY
Issuer
Underlyings
Morgan Stanley
Russell 2000 (RTY) & EuroStoxx 50 (SX5E)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 24, 2029 (15 year)
Price
Interest Rate
Participation
Trigger Level
Coupon Frequency
$97.25
Payment at Maturity
6.00% subject to RTY & SX5E closing at or above 65% of initial
100% of least performing underlying (NO CAP)
50% of initial (only observed at maturity)
Monthly Pay / Monthly Observation
· 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
61761JVE6
Prospectus
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JVE6.pdf?
ts=1417524641634
EXAMPLES
ü If the Russell 2000 & EuroStoxx close at or above 65% of initial, you will receive a 6.00% annualized coupon for that month.
ü If either the Russell 2000 or EuroStoxx closes below 65% 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 6.00% 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 6.00% annualized coupon if the closing value of the Russell 2000 & EuroStoxx are equal to or above 65% 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 EuroStoxx Trigger Booster (225% Upside)
FOR BROKER-DEALER USE ONLY
Issuer
Morgan Stanley
Underlying
EuroStoxx 50 (SX5E)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 24, 2024 (10 years)
Price
Trigger Level
Participation Rate
Maximum Return
Index Performance
Factor
$97.25
Payment at Maturity
CUSIP
Prospectus
50% of initial (only observed at maturity)
225%
>>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 2.25)
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)
61761JVD8
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JVD8.pdf?
ts=1417524655731
EXAMPLES
ü If SX5E is down 30%, the note will mature at 100%.
ü If SX5E is down 51%, the note will mature at 49%.
ü If SX5E is up 50%, the note will mature at 112.50%.
ü If SX5E is up 100%, the note will mature at 225%.
STRATEGY OVERVIEW
ü If SX5E is up 100%, the note will mature at 225%.
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.
MS S&P 500 TOPS Note (140% Optimization Rate)
FOR BROKER-DEALER USE ONLY
Issuer
Underlying
Morgan Stanley
S&P 500 (SPX)
Expecting Pricing /
Settle Date
December 19, 2014 / December 24, 2014
Maturity Date
December 24, 2024 (10 year)
Price
Optimization Rate
$97.25
140%
Maximum Return
Payment at Maturity
CUSIP
Prospectus
NO CAP
If the final index value is above the initial index value:
the greater of (i) the highest SPX level (observed weekly) and (ii) 140%
If the final index value is at or below the initial index value:
index performance x Optimized Participation Rate
61761JUY3
http://www.morganstanley.com/structuredinvestments/docs/prospectus/prelim/ProspectusRed61761JUY3.pdf?
ts=1417524663539
EXAMPLES
ü If SPX is up 1% at maturity, the note will mature at at least 140%.
ü If SPX is up 1% at maturity, & the highest level it reached was up 80% it will maturity at 180%.
ü If SPX is down 25%, the note will mature at 105%.
ü If SPX is down 40%, the note will mature at 84%.
STRATEGY OVERVIEW
ü If held to maturity and S&P 500 is above initial, investor will receive greater of 140% or the highest performance of the S&P 500 (observed weekly).
ü If held to maturity and S&P 500 is below initial, investor will still outperform the S&P 500.
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.
Anthony Guglielmo
Fixed Income Sales imagesCADOM2PC
One Hovchild Plaza
4000 Route 66, Suite 331
Tinton Falls NJ 07753 Tel - (732) 807-2354 Fax -(732) 837-2552
aguglielmo@nationalsecurities.com
Securities offered through National Securities Corporation
Established 1947, MEMBER FINRA/SIPC
For Broker/Dealer Use Only
Securities offered through National Securities Corporation, Inc (NSC). Member FINRA/SIPC
Investment Advisory Services offered through National Asset Management, Inc. (NAM)
Insurance Services offered through National Insurance Corporation. (NIC)
Tax advice offered through Gilman Ciocia, Inc. and not through NSC, NAM or NIC.
Gilman, NSC, NAM and NIC are affiliated entities
Securities and investments involve risk.
Certain tax and/or estate planning strategies may be used in an effort to reduce the overall risk to one's portfolio.
However, risk related to securities and investment products can never be completely eliminated.