M&G Global Select A Inc USD

Quick Stats

Bid Price - Offer Price -
Mid Price USD 19.16 Day Change USD -0.01 (-0.33%)
Price Date 2 Dec 2016 Crown Rating 2
Shares Class Inc. Yield 2.07 %
Total Expense Ratio 1.92 Fund Size 629,370,000.00
Launch Date 19/12/1967 Standard Initial Charge (%) 5.25
Currency USD ISA Eligible No
Annual Management Charge (%) 1.75 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.92
ISIN GB00BK6MB406 Min TopUp (£) 75.00

Fund Objective

The fund aims to deliver capital growth and income over the long term (that is, five years or more) through a concentrated portfolio of between 30 and 40 holdings from across the globe. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.

Fund Managers

John William Olsen
John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Select Fund and M&G Pan European Select Fund in July 2014. He was later appointed manager of the M&G European Select Fund and deputy manager of the M&G European Smaller Companies Fund in July 2016. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.