If you own an MSI gaming laptop with an OLED display, then this latest update will make switching between different color profiles a lot easier. Previous versions had no option to set AdobeRGB or P3 color spaces even if the panel could support them.https://www.notebookcheck.net/MSI-True-Color-software-update-adds-AdobeRGB-and-Display-P3-color-options.640186.0.html
The previous version of MSI True Color had the exact same options so I'm not sure what happened to yours out of the box.