Morgan Stanley Dean Witter of New York will issue a new social index fund called the Morgan Stanley KLD Index Fund, according to a preliminary prospectus filed April 17 with the Securities and Exchange Commission.

The fund will be based on the KLD Large Cap Social Index, an index created by Kinder, Lydenberg, Domini & Company of Boston that is comprised of U.S. companies listed on the Russell 1000 index that meet certain social and environmental criteria.

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