Quick Stats

Bid Price - Offer Price -
Mid Price GBX 161.58 Day Change GBX +0.84 (0.52%)
Price Date 22 Nov 2017 Crown Rating 5
Shares Class Inc. Yield 0.74 %
Total Expense Ratio 1.17 Fund Size 2,054,950,000.00
Launch Date 28/02/1973 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 1.17
ISIN GB00B7FW1L71 Min TopUp (£) 100.00

Fund Objective

The Fund aims to provide a higher total return (the combination of capital growth and income) than that of the MSCI All Country World Index over any five-year period.

Fund Managers

Jamie Horvat
Jamie Horvat is lead manager of the M&G Global Basics Fund. He also manages the Vanguard Precious Metals and Mining Fund, an institutional mandate, which he has managed since joining M&G in December 2013. Jamie has over 16 years of investment management experience, gained in a variety of mandates covering the resources and precious metals sectors as well as the broader market by sector and market cap. He was previously employed by Canadian asset managers, Sprott Asset Management and AGF Management, as well as Stifel Nicolaus Canada where he was a director in the Metals & Mining practice. Jamie holds a diploma in mechanical engineering technology from Mohawk College and an Honours B Comm (Finance) from McMaster University in Canada.
Randeep Somel
Randeep Somel is co-manager of M&G Global Basics Fund. He joined M&G in 2005 as a fund managers’ assistant on the M&G Equities team, and later became dedicated analyst on the M&G Global Basics Fund and the Vanguard Precious Metals & Mining Fund. Prior to joining M&G, Randeep worked for State Street in a fund accounting role. He graduated from Birmingham University with a degree in economics in 2003 and is a CFA charterholder.