M&G Global Emerging Markets R Acc GBP

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 155.62 Day Change GBX -0.17 (-0.11%)
Price Date 22 Aug 2019 Crown Rating 3
Shares Class Inc. Yield 1.74 %
Total Expense Ratio 1.20 Fund Size 772,090,000.00
Launch Date 05/02/2009 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.20 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 1.20
ISIN GB00B6TDBH53 Min TopUp (£) 100.00
Ongoing Charge (%) 1.2000 Ongoing Charge Date 01/08/2019

Fund Objective

The Fund aims to maximise long term total return (the combination of capital growth and income) by investing in emerging market countries.

Fund Managers

Michael Bourke

Michael Bourke was appointed fund manager of the M&G Global Emerging Markets Fund in October 2018. He joined M&G in 2015 and has managed the M&G (Lux) Emerging Markets Income Opportunities Fund since its launch in May 2017. Before this, Michael spent 10 years as an emerging markets equities analyst and portfolio manager for Legg Mason and FPP Asset Management. He previously worked at Deutsche Bank in roles related to equity derivatives trading. Michael has a BSc in Computer Science and Accounting from the University of Manchester and an MSc in International Banking and Finance from Heriot-Watt University.

Alice de Charmoy

Alice de Charmoy was appointed deputy fund manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund in March 2015, having spent nearly two years as a dedicated analyst for the funds. She joined M&G in June 2013 from Comgest in Hong Kong, where she was an analyst focusing on Asian companies. Prior to that, Alice worked for Amiral Gestion as a global equities analyst. She graduated in 2005 from Université Paris Dauphine with a Masters degree in banking and finance. Alice is also a CFA charterholder.

Alastair Bruce

Alastair Bruce was appointed fund manager of the M&G Asian Fund in September 2018. He joined M&G as a graduate in 2011 and has been a member of the Emerging Markets Equities team since 2015. He was appointed co-deputy fund manager of the M&G Global Emerging Markets Fund in December 2017. Alastair graduated with a BSc in Economics from the University of Bath and is a CFA charterholder.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
SAMSUNG ELECTRONICS CO 5.80%
TAIWAN SEMICONDUCTOR CO 3.40%
CHINA LESSO GROUP HOLDINGS LTD 3.30%
CTRIP.COM INTERNATIONAL 3.10%
SBERBANK OF RUSSIA 3.10%
SHINHAN FINANCIAL GROUP 3.10%
BRADESCO 2.30%
KOSMOS ENERGY LTD 2.20%
PICC PROPERTY & CASUALTY CO 2.20%
DELTA ELECTRONICS INC 2.10%

Asset Breakdown

Name Weight
Asia Pacific Emerging Equities 0.61%
Asia Pacific Equities 27.64%
Brazilian Equities 8.20%
Canadian Equities 0.87%
Emirian Equities 0.81%
Indian Equities 2.28%
Indonesian Equities 1.92%
Mexican Equities 6.69%
Money Market 2.33%
Philippine Equities 1.91%
Russian Equities 6.78%
Singapore Equities 0.77%
South African Equities 5.25%
South Korean Equities 13.00%
Taiwanese Equities 11.72%
Turkish Equities 3.32%
UK Equities 3.69%
US Equities 2.22%

Region Breakdown

Name Weight
Brazil 8.20%
Canada 0.87%
Hong Kong & China 27.64%
India 2.28%
Indonesia 1.92%
Korea 13.00%
Mexico 6.69%
Money Market 2.33%
Pakistan 0.61%
Philippines 1.91%
Russia 6.78%
Singapore 0.77%
South Africa 5.25%
Taiwan 11.72%
Turkey 3.32%
UK 3.69%
USA 2.22%
United Arab Emirates 0.81%

Sector Breakdown

Name Weight
Communications 1.90%
Consumer Discretionary 8.00%
Consumer Staples 1.50%
Energy 9.40%
Financials 35.00%
Industrials 13.10%
Information Technology 21.60%
Materials 3.70%
Money Market 2.30%
Real Estate 2.10%
Utilities 1.60%