M&G Global Emerging Markets C Inc E

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Quick Stats

Bid Price - Offer Price -
Mid Price EUR 26.81 Day Change EUR +0.33 (1.40%)
Price Date 17 Oct 2018 Crown Rating 3
Shares Class Inc. Yield 2.22 %
Total Expense Ratio 0.99 Fund Size 1,454,100,000.00
Launch Date 05/02/2009 Standard Initial Charge (%) 1.25
Currency EUR ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.99
ISIN GB00BK6MC925 Min TopUp (£) 50,000.00
Ongoing Charge (%) 0.9900 Ongoing Charge Date 04/09/2018

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

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
SAMSUNG ELECTRONICS CO 6.70%
TAIWAN SEMICONDUCTOR CO 4.90%
BAIDU INC 3.30%
SHINHAN FINANCIAL GROUP 2.90%
CHINA CONSTRUCTION BANK 2.40%
CNOOC 2.30%
LUKOIL PJSC 2.30%
ALFA SAB DE CV 2.20%
HANA FINANCIAL GROUP INC 2.20%
CHINA PETROLEUM & CHEMICAL COR 2.10%

Asset Breakdown

Name Weight
Brazilian Equities 6.60%
Chinese Equities 29.80%
Mexican Equities 4.40%
Money Market 2.50%
Others 10.30%
Russian Equities 5.50%
South African Equities 6.90%
South Korean Equities 15.90%
Taiwanese Equities 14.00%
UK Equities 4.10%

Region Breakdown

Name Weight
Brazil 6.56%
Canada 1.24%
Hong Kong & China 29.78%
India 2.48%
Indonesia 1.05%
Korea 15.90%
Mexico 4.36%
Money Market 2.55%
Philippines 0.25%
Russia 5.52%
Singapore 1.08%
South Africa 6.91%
Taiwan 14.02%
Turkey 1.58%
UK 4.10%
USA 2.62%

Sector Breakdown

Name Weight
Consumer Discretionary 7.80%
Consumer Staples 1.50%
Energy 10.80%
Financials 29.50%
Industrials 8.80%
Information Technology 29.40%
Materials 4.60%
Money Market 2.50%
Real Estate 1.60%
Telecommunications 1.20%
Utilities 2.30%