M&G Global Emerging Markets A Acc S
|Bid Price||-||Offer Price||-|
|Mid Price||SGD 10.45||Day Change||SGD +0.17 (1.64%)|
|Price Date||8 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.48 %|
|Total Expense Ratio||2.02||Fund Size||1,848,640,000.00|
|Launch Date||05/02/2009||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.02|
|ISIN||GB00BQSC2147||Min TopUp (£)||75.00|
The fund aims to deliver income and capital growth over the long term (that is, over five years of more) by investing in shares of companies from across the emerging markets, or companies that conduct the majority of their business activities in such countries. Investments are chosen based purely on a company’s individual merits. The fund manager focuses on firms that are run for the benefit of their shareholders and whose future profitability, in his opinion, is not fully appreciated by other investors. He has a long-term investment horizon of three to five years and selects stocks with different drivers of profitability to construct a diversified portfolio that has the potential to cope in a variety of market conditions.
Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the M&G Equities team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).