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M&G Global Basics Fund Sterling A Acc

Performance History30/04/2016
Growth of 1,000 (GBP) Advanced Graph
M&G Global Basics Fund Sterling A Acc
Fund1.03.1-0.1-2.98.5
+/-Cat-7.7-17.3-4.9-6.15.5
+/-B’mrk-9.7-21.2-11.6-7.86.6
 
Key Stats
NAV
24/05/2016
 GBX 992.74
Day Change -0.73%
Morningstar Category™ Global Flex-Cap Equity
IA (formerly IMA) Sector Global
ISIN GB0030932452
Fund Size (Mil)
24/05/2016
 GBP 1807.63
Share Class Size (Mil)
24/05/2016
 GBP 208.01
Max Initial Charge 4.00%
Ongoing Charge
18/04/2016
  1.68%
*  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 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 Fund Sterling A Acc
The fund is a global equity fund which invests wholly or mainly in companies operating in basic industries ('primary' and 'secondary' industries) and also in companies that service these industries. The fund may also invest in other global equities.
Returns
Trailing Returns24/05/2016
YTD5.50
3 Years Annualised-1.75
5 Years Annualised-0.83
10 Years Annualised4.66
12 Month Yield 0.57
Management
Manager Name
Start Date
Randeep Somel
19/11/2013
Inception Date
28/02/1973
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Gbl Basic CompositeMSCI World NR USD
Portfolio Profile for  M&G Global Basics Fund Sterling A Acc30/04/2016
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock93.620.0093.62
Bond0.000.000.00
Property0.000.000.00
Cash31.5425.166.38
Other0.000.000.00
Top 5 Regions%
United States39.80
Eurozone19.90
United Kingdom17.74
Australasia5.99
Japan5.47
Top 5 Sectors%
Industrials22.90
Consumer Defensive19.66
Basic Materials17.24
Healthcare15.18
Consumer Cyclical10.66
Top 5 HoldingsSector%
United Technologies CorpIndustrialsIndustrials4.21
Ansell LtdHealthcareHealthcare4.18
United Parcel Service Inc Class BIndustrialsIndustrials4.04
Microsoft CorpTechnologyTechnology3.92
PZ Cussons PLCConsumer DefensiveConsumer Defensive3.81
M&G Global Basics Fund Sterling A Acc