M&G Global Emerging Markets I

A diversified emerging markets equity fund

  • 273.82p Price (Inc)
  • 322.66p Price (Acc)
  • 0.00% 0.00%

    Initial charge
  • 0.75% Annual management charge
  • 1.01% Ongoing charges
  • 2.70% Yield

Fund data last updated 21 November 2019

Fund summary

Sector Global Emerging Markets
Structure OEIC
Launched February, 2009
Size £714m
Yield 2.70%
Charging basis Income
Dividends paid 31 Mar

Charges

Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.01%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 -0.05%
  • 15/16 -0.64%
  • 16/17 -0.18%
  • 17/18 -0.14%
  • 18/19 -0.14%

Bestinvest MRI

  • 3 years -0.15%
  • 5 years -0.23%
  • Career -0.07%
  • 3 years 38.20%
  • 5 years 22.70%
  • Career 54.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Matthew Vaight

Vaight joined M&G in 1996 as a trainee fund manager on the UK equity desk. In 1999, Matthew was promoted to fund manager and has sector research responsibilities for chemicals, oil & gas and telecom services. Vaight graduated from Oxford University with an Honours degree in Mathematics.

Track record

Matthew Vaight has 7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.07%. During the worst period of relative performance (from September 2014 - July 2018) there was a decline of 15% relative to the index. The worst absolute loss has been 21%.

Periods of worst performance

Absolute -21.00% (April 2015 - January 2016)
Relative -15.00% (September 2014 - July 2018)

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.

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Top 10 holdings

Data accurate as at 31 August 2019

5.9% Samsung Electronics Co
3.7% China Lesso Group Holdings Ltd
3.6% Taiwan Semiconductor Co
3% Sberbank Of Russia
3% Shinhan Financial Group
2.7% Ctrip.com International
2.5% Kosmos Energy Ltd
2.3% Chicony Electronics Co Ltd
2.2% Picc Property & Casualty Co
2.2% Ccr Sa
Source: Trustnet

Sector breakdown

Financials 34.00%
Information Technology 22.00%
Industrials 16.00%
Energy 10.00%
Consumer Discretionary 7.00%
Materials 4.00%
Real Estate 2.00%
Communications 2.00%
Utilities 2.00%
Money Market 1.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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