Fact sheet: M&G Emerging Mkts Bd

Fund information
Fund name
M&G Emerging Markets Bond I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Claudia Calichsince 02/12/2013
  • Charles De Quinsonassince 31/08/2015
Accolades
Fund objective
The fund aims to maximise total return (the combination of income and growth of capital) by investing mainly in bonds issued by governments and companies in emerging markets. It can also invest in emerging market currencies. Exposure to these assets is gained through physical holdings and the use of derivatives. The portfolio’s positioning is influenced by global and country-specific macroeconomic factors, followed by in-depth analysis of individual bond issues.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
27.1%
1 Year rank in sector
2/11
Sector
UT Global Emerging Market Bond
Yield
5.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.78%
Fund size
£305m (£119m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
79
Mid price
152.6
Top in this sector
Fund name1 Year
Threadneedle EmgMkt Bd27.2%
M&G Emerging Mkts Bd27.1%
Stan Life Inv EmMktDt26.2%
L&G Em Gov Bd (US$) Index25.2%
Investec EmgMktsBdDbt24.2%
...more in UT Global Emerging Market Bond

Performance snapshot

Holdings snapshot

  • Mexico5.4%
    Russia5.3%
    Argentina5.1%
    Brazil4.9%
    Peru4.7%
  • Government Bonds68.6%
    Energy6.1%
    Services3.3%
    Money Market3%
    Banks2.6%
  • American Emerging Government Fixed Interest17.1%
    African Government Fixed Interest10.6%
    European Emerging Government Fixed Interest7.8%
    Asia Pacific Emerging Government Fixed Income4.7%
    Brazilian Government Fixed Interest3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.9%0.9%16.6%27.1%44.4%57.2%
Sector-8.3%-2.3%11.5%19%18.9%22.5%
Rank within sector3 / 121 / 123 / 122 / 113 / 101 / 7
Quartile1st1st1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund26.8%3.6%10.9%-3.2%8.8%
Sector20%-4.2%4.3%-9.6%11.9%
Rank within sector2 / 112 / 113 / 101 / 105 / 7
Quartile1st1st2nd1st3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
8.49
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.87
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.22
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.53
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.86
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.93
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high165.22
52 week low116.8
Current bid price-
Current offer price-
Current mid price152.6
Region
1Mexico5.37%
2Russia5.35%
3Argentina5.07%
4Brazil4.92%
5Peru4.68%
6Turkey3.16%
7USA3.09%
8Money Market3%
9Indonesia2.97%
Industry sector
1Government Bonds68.61%
2Energy6.13%
3Services3.26%
4Money Market3%
5Banks2.62%
6Local Government Bonds2.5%
7Real Estate2.33%
8Government Agency Bonds2.22%
9Telecommunications1.63%
Asset type
1American Emerging Government Fixed Interest17.05%
2African Government Fixed Interest10.6%
3European Emerging Government Fixed Interest7.78%
4Asia Pacific Emerging Government Fixed Income4.72%
5Brazilian Government Fixed Interest3.83%
6Money Market3.56%
7GCC Corporate Fixed Interest3.49%
8Mexican Corporate Fixed Interest3.3%
9US Government Fixed Interest3.09%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 3.25% NTS 31/03/17 USD1000 J 20173.09%
2BRAZIL(FEDERATIVE REPUBLIC OF) 8.25% BDS 20/1/34 USD10002.08%
3BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10001.75%
4REP OF INDONESIA 8.38% BDS 15/03/24 IDR10000001.66%
5RUSSIAN FEDERATION MINISTRY FINANCE 7.4% BDS 14/06/17 RUB10001.65%
6PARAGUAY(REPUBLIC OF) 4.625% BDS 25/01/23 USD200000 REG S1.59%
7UKRAINE(REPUBLIC OF) 7.75% NTS 27/10/19 USD76100001.55%
8ARMENIA(REPUBLIC OF) 7.15% BDS 26/03/25 USD2000001.54%
9RURAL ELECTRIFICATION CORP LTD 9.04% NTS 12/10/19 INR1100000001.48%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund aims to maximise total return (the combination of income and growth of capital) by investing mainly in bonds issued by governments and companies in emerging markets. It can also invest in emerging market currencies. Exposure to these assets is gained through physical holdings and the use of derivatives. The portfolio’s positioning is influenced by global and country-specific macroeconomic factors, followed by in-depth analysis of individual bond issues.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Claudia Calich02/12/2013Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and was appointed fund manager of the M&G Emerging Markets Bond Fund in December 2013. She was also appointed fund manager of the M&G Global Government Bond Fund and deputy fund manager of the M&G Global Macro Bond Fund in July 2015. 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 Quinsonas31/08/2015Charles De Quinsonas was appointed deputy fund manager of the M&G Emerging Markets Bond Fund in September 2015, having joined the M&G Retail Fixed Interest team in May 2014 as a junior fund manager supporting the fund. Charles’s focus is on emerging market corporates, helping to shape the fund’s strategy and uncover additional opportunities on this ever-expanding universe. He has a solid background in corporate credit research and joined M&G from Spread Research (in Lyon, France, and New York) where he spent four years analysing a variety of high yield and emerging market industrial credits.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Singapore, Sweden
M&G Emerging Markets Bond A Acc CHF
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price12.5285
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJD0L
M&G Emerging Markets Bond A Acc GBP
Initial charge3%
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price208.91
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMW61
M&G Emerging Markets Bond A Gr Acc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price15.1108
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YVU
M&G Emerging Markets Bond A Gr AccUSD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price12.2251
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YVV
M&G Emerging Markets Bond A Inc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price13.3027
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJCZV
M&G Emerging Markets Bond A Inc GBP
Initial charge3%
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price98.06
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMW60
M&G Emerging Markets Bond A Inc USD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price11.1403
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKJ1D
M&G Emerging Markets Bond AH Acc CHF
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price10.3268
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFWH
M&G Emerging Markets Bond AH Acc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price10.2111
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUVT
M&G Emerging Markets Bond AH Inc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price9.2621
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKUVU
M&G Emerging Markets Bond B Acc EUR
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price14.1145
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJD0K
M&G Emerging Markets Bond B Inc
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price10.9414
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPEB
M&G Emerging Markets Bond BH Acc
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price10.5962
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMPEC
M&G Emerging Markets Bond BH Inc
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price10.1463
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPED
M&G Emerging Markets Bond C Acc CHF
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price12.7463
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJD0M
M&G Emerging Markets Bond C Gr Acc USD
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price12.5338
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YVX
M&G Emerging Markets Bond C Gr AccEUR
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price15.4766
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YVW
M&G Emerging Markets Bond C Inc EUR
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price13.9653
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ1E
M&G Emerging Markets Bond C Inc USD
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price11.3265
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ1F
M&G Emerging Markets Bond CH Acc CHF
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price10.4037
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFWI
M&G Emerging Markets Bond CH Acc EUR
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.2872
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUVV
M&G Emerging Markets Bond CH Inc EUR
Initial charge1.25%
Annual charge0.6%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price9.2505
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKUVW
M&G Emerging Markets Bond I Acc GBP
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price152.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YVS
M&G Emerging Markets Bond I Inc GBP
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price131.72
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YVT
M&G Emerging Markets Bond IH Acc GBP
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price105.41
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFWJ
M&G Emerging Markets Bond IH Inc GBP
Initial charge1%
Annual charge0.6%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price100.82
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMFWK
M&G Emerging Markets Bond R Acc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price141.02
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZD1
M&G Emerging Markets Bond R Inc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price123.37
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZD2
M&G Emerging Markets Bond X Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price209.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePK44
M&G Emerging Markets Bond X Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price96.62
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePK45
Data provided by

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