M&G Emerging Markets Bond AH Inc EU

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Quick Stats

Bid Price - Offer Price -
Mid Price EUR 8.49 Day Change EUR -0.11 (-1.46%)
Price Date 13 Aug 2018 Crown Rating 5
Shares Class Inc. Yield 6.67 %
Total Expense Ratio 1.45 Fund Size 910,120,000.00
Launch Date 15/10/1999 Standard Initial Charge (%) 4.00
Currency EUR ISA Eligible No
Annual Management Charge (%) 1.25 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.45
ISIN GB00BPYP3K63 Min TopUp (£) 75.00
Ongoing Charge (%) 1.4500 Ongoing Charge Date 03/08/2018

Fund Objective

The Fund aims to maximise total return (the combination of income and growth of capital).

Fund Managers

Claudia Calich

Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and has been fund manager of the M&G Emerging Markets Bond Fund since December 2013. She was also appointed fund manager of the M&G Global Government Bond Fund and deputy manager of the M&G Global Macro Bond Fund in July 2015. In May 2017, Claudia was appointed fund manager of the M&G (Lux) Emerging Markets Hard Currency Bond Fund at its launch. Claudia has over 20 years of experience in emerging markets, most recently as a senior portfolio manager at Invesco in New York, with previous positions at Oppenheimer Funds, Fuji Bank, Standard & Poor’s and Reuters. Claudia graduated with a BA (Honours) in Economics from Susquehanna University in 1989 and holds an MA in International Economics from the International University of Japan in Niigata.

Charles De Quinsonas

Charles De Quinsonas joined the Retail Fixed Interest team in May 2014 as an emerging market corporate bond specialist and was appointed deputy fund manager of the M&G Emerging Markets Bond Fund in September 2015 and deputy fund manager of the M&G (Lux) Emerging Markets Hard Currency Bond Fund at launch in May 2017. He is also deputy fund manager of the M&G (Lux) Emerging Markets Income Opportunities Fund since its launch. Charles has over seven years of emerging market corporate bond experience with a deep knowledge of high yield credit. Prior to joining M&G he worked at Spread Research in Lyon and New York, where he spent four years analysing a variety of high yield and emerging markets industrial credits. Charles holds a BBA from ESSEC Business School, a MSc in Corporate Finance from iaelyon School of Management and a BA (Hons) in Business & Finance from Sheffield Hallam University.

Performance Chart

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
UNITED STATES OF AMER TREAS NO 5.08%
RUSSIAN FEDERATION MINISTRY FI 3.06%
BRAZIL(FEDERATIVE REPUBLIC OF) 1.98%
MALAYSIA (FEDERATION OF) 1.96%
SOUTH AFRICA(REPUBLIC OF) 8.75 1.88%
INDONESIA(REPUBLIC OF) 8.25% B 1.80%
PERU(REPUBLIC OF) 8.2% BDS 12/ 1.74%
NATIONAL HIGHWAYS AUTHORITY IN 1.68%
SANTA FE DE BOGOTA 9.75% SNR N 1.65%
ISRAEL(STATE OF) 2.25% BDS 31/ 1.59%

Asset Breakdown

Name Weight
African Fixed Interest 2.40%
American Emerging Fixed Intere 7.10%
Brazilian Fixed Interest 4.80%
European Emerging Fixed Intere 3.30%
Indonesian Fixed Interest 2.40%
Mexican Fixed Interest 3.40%
Money Market 0.40%
Others 64.00%
Peruvian Fixed Interest 3.00%
Russian Fixed Interest 4.30%
US Fixed Interest 5.10%

Region Breakdown

Name Weight
Africa 0.63%
Albania 0.83%
Angola 1.70%
Argentina 4.73%
Asia 1.44%
Azerbaijan 0.73%
Bahamas 0.94%
Bahrain 0.46%
Bolivia 0.67%
Brazil 4.77%
Chile 1.03%
China 1.07%
Colombia 1.65%
Croatia 0.55%
Dominican Republic 2.39%
Ecuador 1.83%
Egypt 2.15%
El Salvador 0.35%
Ethiopia 0.96%
Gabon 0.79%
Georgia 0.97%
Ghana 0.94%
Guatemala 0.93%
Honduras 1.17%
India 2.20%
Indonesia 2.38%
International 1.07%
Ireland 0.52%
Israel 1.59%
Ivory Coast 1.72%
Jamaica 0.82%
Jordan 0.47%
Kazakhstan 1.76%
Macedonia 1.14%
Malaysia 1.96%
Mauritius 0.60%
Mexico 3.36%
Money Market 0.42%
Morocco 0.98%
Netherlands 0.57%
Nigeria 2.35%
Oman 1.37%
Pakistan 0.83%
Panama 0.77%
Paraguay 0.62%
Peru 2.99%
Philippines 2.10%
Poland 1.10%
Portugal 0.88%
Qatar 1.12%
Russia 4.26%
Rwanda 1.32%
Saudi Arabia 0.54%
Senegal 1.43%
South Africa 1.88%
Sri Lanka 1.41%
Tanzania 0.52%
Thailand 1.66%
Tunisia 0.74%
Turkey 2.15%
USA 5.08%
Ukraine 3.27%
United Arab Emirates 1.60%
Uruguay 1.96%
Venezuela 1.30%
Vietnam 1.05%
Zambia 0.50%

Sector Breakdown

Name Weight
Banks 2.80%
Basic Industries 1.00%
Capital Goods 0.60%
Consumer Goods 2.30%
Energy 4.70%
Financial Services 1.50%
Fixed Interest 1.10%
Government Agency Bonds 2.70%
Government Bonds 70.60%
Health Care 1.20%
Local Government Bonds 3.10%
Media 0.50%
Money Market 0.40%
Real Estate 2.60%
Retail 0.40%
Services 0.90%
Telecommunications 1.70%
Transport 1.30%
Utilities 0.60%