M&G (Lux) Global Themes Fund

ISIN
LU1670629119

Price (16.09.2019)
10.72

% Price Change
-0.17

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 global stockmarket 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 and from anywhere in the world, including emerging markets.

Other investment: The fund may also invest in other funds, cash or assets that can be turned quickly into cash.

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 investment manager then selects stocks that can benefit from these themes on the basis of the companies’ quality, growth prospects and valuation.

Performance comparator: The fund is actively managed. The MSCI ACWI Net Return Index is a point of reference against which the performance of the fund may be measured.

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.

Investing in emerging markets involves a greater risk of loss due to greater political, tax, economic, foreign exchange, liquidity and regulatory risks, among other factors. There may be difficulties in buying, selling, safekeeping or valuing investments in such countries.

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.

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.

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.


The value of 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 and you may get back less than you originally invested.
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