By continuing to use this site, you agree to use of cookies. You can change this and find out more by following this link Accept cookies

M&G Global Basics A Acc

Performance History31/08/2014
Growth of 1,000 (GBP) Advanced Graph
M&G Global Basics A Acc
Fund27.7-12.31.03.11.7
+/-Cat9.93.8-7.7-17.3-1.3
+/-B’mrk12.4-7.5-9.7-21.2-4.8
 
Key Stats
NAV
01/09/2014
 GBX 984.36
Day Change -0.29%
Morningstar Category™ Global Flex-Cap Equity
IMA Sector Global
ISIN GB0030932452
Fund Size (Mil)
01/09/2014
 GBP 2903.16
Share Class Size (Mil)
01/09/2014
 GBP 680.67
Max Initial Charge 4.00%
Ongoing Charge
14/02/2014
  1.66%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar OBSR Research
Analyst Report

Randeep Somel has a very good understanding of the stocks in the fund, but he has yet to prove himself as a portfolio manager.

In Nov 2013, Graham French relinquished his role as fund manager here and was replaced by his deputy manager, Randeep...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentPositive
ProcessPositive
PerformanceNeutral
PriceNeutral
Investment Objective: M&G Global Basics A Acc
" At least 7% of investment is in shares of companies from anywhere in the world that operate in basic industries and also in companies that service these industries. Examples of basic industries are things that are fundamental to people’s lives such as agriculture and manufacturing. The Fund may use derivatives financial instruments whose value is linked to the expected future price movements of the underlying assets to protect the value of the Fund’s assets and/or, in the short term, to efficiently invest cash inflows. You can buy and sell shares in the Fund on any business day. Provided we receive your instruction before 12 noon, shares will be bought at that day’s price. This Fund allows the fund manager to make discretionary choices when deciding which investments should be held in the Fund. If you hold income shares, any income from the Fund may be paid out to you. If you hold accumulation shares, any income from the Fund will be rolled up into the value of your investment."
Returns
Trailing Returns01/09/2014
YTD1.40
3 Years Annualised-0.18
5 Years Annualised6.13
10 Years Annualised10.25
12 Month Yield 0.59
Management
Manager Name
Start Date
Randeep Somel
19/11/2013
Inception Date
28/02/1973
Advertisement
Benchmarks
Fund BenchmarkMorningstar Benchmark
FTSE Global Basic CompositeMSCI World NR USD
Portfolio Profile for  M&G Global Basics A Acc31/07/2014
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.440.0097.44
Bond0.000.000.00
Property0.000.000.00
Cash14.3213.950.37
Other2.190.002.19
Top 5 Regions%
Eurozone27.74
United States22.83
United Kingdom20.30
Australasia11.57
Asia - Developed5.16
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
BHP Billiton PLCBasic MaterialsBasic Materials5.15
United Technologies CorpIndustrialsIndustrials5.02
Symrise AGBasic MaterialsBasic Materials4.90
Ansell LtdHealthcareHealthcare4.71
United Parcel Service Inc (UPS) ... IndustrialsIndustrials4.69
M&G Global Basics A Acc