Global Themes Fund

ISIN
GB00BK6MB174

Price (29.05.2020)
14.69

% Price Change
0.35

Objective and investment policy

Objective

The fund aims to provide a combination of capital growth and income to deliver a return that is higher than that of the MSCI ACWI Index over any five-year period.

Investment policy and strategy

Core investment: At least 80% of the fund is invested in the shares of companies, across any sector and of any size, from anywhere in the world, including emerging markets.

Other investments: The fund may invest in other funds and cash or assets that can be turned quickly into cash.

Derivatives: The fund may use derivatives to reduce the risks and costs of managing the fund.

Strategy in brief: The investment process involves the identification of ‘themes’ arising from changes within economies, industries and societies that happen over time and finding companies that can take advantage of them. Themes are identified through the analysis of global macroeconomics, demographics, government policies and spending, and technological innovation, among other considerations.

The fund manager then selects stocks that can benefit from these themes based on the companies’ quality, growth prospects and valuation.

Benchmark: MSCI ACWI Index

The benchmark is a target which the fund seeks to outperform. The index has been chosen as the fund’s benchmark as it best reflects the scope of the fund’s investment policy. The benchmark is used solely to measure the fund’s performance and does not constrain the fund's portfolio construction.

The fund is actively managed. The fund manager has complete freedom in choosing which investments to buy, hold and sell in the fund. The fund’s holdings may deviate significantly from the benchmark’s constituents.

For unhedged and hedged share classes, the benchmark is shown in the share class currency.

You can find more information about the objective and investment policy of the fund in the Prospectus.

Risks associated with the fund

The value and income from the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise. There is no guarantee that the fund will achieve its objective and you may get back less than you originally invested.

The fund can be exposed to different currencies. Movements in currency exchange rates may adversely affect the value of your investment.

In exceptional circumstances where assets cannot be fairly valued, or have to be sold at a large discount to raise cash, we may temporarily suspend the fund in the best interest of all investors.

The fund could lose money if a counterparty with which it does business becomes unwilling or unable to repay money owed to the fund.

Further details of the risks that apply to the fund can be found in the fund's Prospectus.

Other information

The fund invests mainly in company shares and is therefore likely to experience larger price fluctuations than funds that invest in bonds and/or cash.


The performance webpage for this fund is currently being reconfigured.

News

Fund Team

Alex Araujo - Fund manager

Alex Araujo has been manager of the M&G (Lux) Global Listed Infrastructure Fund since it launched in October 2017. He was appointed manager of the M&G (Lux) Global Themes Fund when the fund launched in March 2019. Alex initially joined M&G’s income team in July 2015 and became co-deputy manager of the M&G Global Dividend Fund, a UK-authorised OEIC fund, in April 2016 and of the M&G (Lux) Global Dividend Fund on launch in September 2018. Alex has 25 years of experience in financial markets, having previously worked at UBS and BMO Financial Group. He graduated from the University of Toronto with an MA in economics and is a CFA charterholder.

 Team member biography
Stuart Rhodes

Stuart Rhodes - Deputy Manager

Stuart Rhodes was appointed deputy fund manager of the M&G (Lux) Global Themes Fund in March 2019 and has been the deputy fund manager of the UK-domiciled M&G Global Themes Fund since January 2019. Stuart has been the manager of the UK-domiciled M&G Global Dividend Fund since its launch in July 2008 and of the M&G (Lux) Global Dividend Fund since its launch in December 2018. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015 and of the M&G (Lux) North American Dividend Fund in November 2018. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.

 Team member biography

Ratings

Rating is at a share class level

4 Star Rating

Ratings as at 28/02/2020. The Morningstar Overall Rating. Copyright © 2019 Morningstar UK Limited. All Rights Reserved. The Morningstar Analyst Rating™. © 2019 Morningstar. All Rights Reserved. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Ratings should not be taken as recommendation.

Need further information?

  • Search for a term in our Glossary

    Glossary



For Investment Professionals only. Not for onward distribution to any other type of client. No other persons should rely on the information contained on this website. Content should therefore be shared responsibly with other investment professionals. The value of investments will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested.