M&G Emerging Markets Bond IH Inc GBP

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 99.31 Day Change GBX +0.04 (0.04%)
Price Date 22 Oct 2019 Crown Rating 5
Shares Class Inc. Yield 6.15 %
Total Expense Ratio 0.78 Fund Size 851,063,349.00
Launch Date 15/10/1999 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.78 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.78
ISIN GB00BZ0YDT65 Min TopUp (£) 10,000.00
Ongoing Charge (%) 0.7800 Ongoing Charge Date 01/08/2019

Fund Objective

The Fund aims to maximise total return (the combination of income and growth of capital).

Fund Managers

Claudia Calich

Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and is manager of the M&G (Lux) Emerging Markets Bond Fund and the M&G (Lux) Emerging Markets Hard Currency Bond Fund since launch. She is also manager of the M&G Global Government Bond Fund (UK-authorised OEIC) and deputy manager of the M&G (Lux) Global Macro Bond Fund and of the M&G (Lux) Emerging Markets Corporate ESG Bond Fund. Claudia has over 20 years of experience in emerging markets, with previous positions at Invesco in New York, Oppenheimer Funds, Fuji Bank, Standard & Poor’s and Reuters. Claudia graduated with a BA (Honours) in Economics from Susquehanna University in 1989 and holds an MA in International Economics from the International University of Japan in Niigata.

Charles De Quinsonas

Charles De Quinsonas was appointed fund manager of the M&G (Lux) Emerging Markets Corporate ESG Bond Fund upon launch in July 2019. Charles joined M&G's Fixed Interest team in May 2014 as an emerging market corporate bond specialist, and is co-fund manager of the M&G (Lux) Emerging Markets Income Opportunities Fund, as well as deputy manager of the M&G (Lux) Emerging Markets Bond Fund and the M&G (Lux) Emerging Markets Hard Currency Bond Fund. He has more than 10 years of emerging market corporate bond experience, with a deep knowledge of high yield credit. Prior to joining M&G, Charles worked at Spread Research in Lyon and New York, where he spent four years analysing a variety of high yield and emerging markets industrial credits. Charles holds a BBA from ESSEC Business School, a MSc in Corporate Finance from iaelyon School of Management and a BA (Hons) in Business & Finance from Sheffield Hallam University.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
UNITED STATES OF AMER TREAS NO 2.96%
RUSSIAN FEDERATION MINISTRY FI 2.23%
BRAZIL(FEDERATIVE REPUBLIC OF) 2.22%
CHILE(REPUBLIC OF) 4% NTS 03/0 1.85%
ARMENIA(REPUBLIC OF) 3.5% BDS 1.52%
PERU(REPUBLIC OF) 8.2% BDS 12/ 1.47%
INDONESIA(REPUBLIC OF) 8.25% B 1.45%
ARAB REPUBLIC OF EGYPT(THE) 8. 1.42%
MALAYSIA 3.882% BDS 10/03/22 M 1.36%
POLAND(STATE TREASURY OF) 2.5% 1.36%

Asset Breakdown

Name Weight
African Fixed Interest 11.63%
African High Yield Fixed Inter 0.83%
American Emerging Fixed Intere 15.56%
Asia Pacific Emerging Fixed In 4.50%
Asia Pacific Fixed Interest 2.02%
Brazilian Fixed Interest 4.69%
Chilean Fixed Interest 2.45%
Chinese Fixed Interest 1.54%
European Emerging Fixed Intere 9.02%
GCC Fixed Interest 6.22%
Global Fixed Interest 1.35%
Hong Kong Fixed Interest 0.21%
Indian Fixed Interest 2.72%
Indonesian Fixed Interest 2.33%
Kazakhstan Fixed Interest 0.64%
Malaysian Fixed Interest 1.45%
Mexican Fixed Interest 5.66%
Middle East & African Fixed In 9.92%
Money Market 1.15%
Peruvian Fixed Interest 2.36%
Philippine Fixed Interest 1.52%
Polish Fixed Interest 1.45%
Russian Fixed Interest 4.21%
Singapore Fixed Interest 0.51%
South African Fixed Interest 1.94%
Swiss Fixed Interest 0.17%
Thai Fixed Interest 0.88%
US Fixed Interest 3.08%

Region Breakdown

Name Weight
Africa 1.68%
Albania 1.49%
Angola 0.88%
Argentina 0.90%
Asia 2.02%
Azerbaijan 0.48%
Bahamas 0.70%
Bahrain 0.88%
Belarus 0.93%
Bolivia 0.79%
Brazil 4.69%
Chile 2.45%
China 1.54%
Colombia 2.13%
Costa Rica 1.16%
Dominican Republic 1.96%
Ecuador 1.07%
Egypt 2.47%
El Salvador 0.49%
Ethiopia 0.76%
Gabon 0.83%
Georgia 0.63%
Ghana 1.22%
Guatemala 0.82%
Honduras 0.97%
Hong Kong 0.21%
India 2.72%
Indonesia 2.33%
International 1.35%
Iraq 0.69%
Israel 1.94%
Ivory Coast 1.42%
Jamaica 1.05%
Jordan 0.65%
Kazakhstan 0.64%
Kenya 1.38%
Kuwait 0.48%
Macedonia 0.75%
Malaysia 1.45%
Mexico 5.66%
Money Market 1.15%
Mongolia 1.18%
Namibia 0.61%
Nigeria 1.98%
Oman 0.58%
Pakistan 0.59%
Panama 0.79%
Paraguay 1.30%
Peru 2.36%
Philippines 1.52%
Poland 1.45%
Qatar 1.11%
Romania 0.75%
Russia 4.21%
Rwanda 1.34%
Saudi Arabia 0.58%
Senegal 0.97%
Serbia 0.88%
Singapore 0.51%
South Africa 1.94%
South America 0.20%
Sri Lanka 1.77%
Switzerland 0.17%
Tanzania 0.08%
Thailand 0.88%
Tunisia 0.47%
Turkey 2.80%
USA 3.08%
Ukraine 3.11%
United Arab Emirates 2.60%
Uruguay 0.81%
Venezuela 0.42%
Vietnam 0.96%
Zambia 0.23%

Sector Breakdown

Name Weight
Banks 3.00%
Basic Industries 2.60%
Capital Goods 0.70%
Consumer Goods 1.80%
Energy 5.60%
Financial Services 1.20%
Fixed Interest 1.30%
Government Agency Bonds 2.90%
Government Bonds 29.20%
Government Guaranteed 0.60%
Health Care 1.50%
Leisure 0.20%
Local Government Bonds 1.30%
Money Market 1.10%
Others 1.00%
Real Estate 1.90%
Services 0.70%
Telecommunications 0.60%
Transport 3.30%
Utilities 1.10%