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M&G ASIAN X - Manager

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Find rated asia pacific excluding japan funds


Average monthly relative returns

Bestinvest MRI

07/08 08/09 09/10 10/11 11/12   3 years 5 years Career 3 years 5 years Career
-0.29% 0.04% -0.10% 0.09%   0.01% 0.00% 71.6% 0.0% 71.6%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Michael Godfrey / Matthew Vaight


Manager. Michael Godfrey joined M&G in August 2004 as a fund manager on the equity structured products desk. He is a member of the global team and is co-manager of the M&G Asian Fund. Prior to joining M&G, he worked for Shell Pensions Management Services as an assistant portfolio manager and later a portfolio manager. Prior to this, he worked for Westpac as a portfolio manager. He graduated in 1997 from UTS, Sydney, with a Bachelor of Business, majoring in finance and economics. He has also completed the Securities Institute of Australia’s graduate diploma in applied finance.
Matthew Vaight joined M&G’s UK equity desk in 1996 and moved to the newly formed global team in 2005 where he is now co-manager of the M&G Asian Fund. He graduated from Oxford University with an honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).

Track record


Michael Godfrey / Matthew Vaight has 4.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -00%.
During the worst period of relative performance (from August 2008 - December 2008) there was a decline of 8% relative to the index. The worst absolute loss has been 42%.

Other funds managed

  Start Date
M&G ASIAN A Mar 2008
M&G GLOBAL EMERGING MARKETS A Feb 2009
Periods of worst performance
Absolute -42% (April 2008 - November 2008)
Relative -8% (August 2008 - December 2008)

Sector record since March 2008 (4 yrs)


Relative Performance in ASIA PACIFIC EXCLUDING JAPAN


Discrete Monthly Returns - 50% Up Months

About the MRI


Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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