M&G Global Real Estate Securities A
Latest (Mid) Price:
EUR 17.11
Day Change:
-0.33%
| Shares Class | Inc. |
|---|---|
| Yield | 1.89 |
| Total Expense Ratio | 1.71 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 82,940,000.00 | Launch Date | 11/04/2008 | Standard Initial Charge (%) | 5.25 |
|---|---|---|---|---|---|
| Currency | EUR | ISA Eligible | No | Annual Management Charge (%) | 1.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000.00 | Total Expense Ratio (%) | 1.71 |
| ISIN | GB00B7110331 | Min Topup (£) | 75.00 | Ongoing Charge (%) | 1.7100 (on 30/09/2014) |
Fund Objective
The Fund aims to maximise long term total return, consisting of income and capital appreciation, through investment, on a global basis, mainly in both real estate investment trusts (REITs) and other types of property companies.
Fund Managers
Simon Bailey
Simon Bailey was appointed deputy fund manager of the M&G Global Dividend Fund in 2011, having worked closely with Stuart Rhodes since 2010 as the dedicated analyst for the fund. In September 2013, he became deputy fund manager of the M&G Global Real Estate Securities Fund. Simon has more than 10 years’ experience as a fund manager and previously managed the M&G Smaller Companies Fund with top-quartile returns under his tenure. He joined Prudential in 1997, two years later becoming a member of the UK smaller companies team. He joined M&G following Prudential’s acquisition of M&G in 1999. Prior to Prudential, Simon worked at a number of financial institutions in areas such as corporate finance and derivatives. He has a degree in economics from Durham University. He is a CFA charterholder.
Asset Breakdown
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 7.98% |
| Canada | 5.70% |
| Hong Kong | 6.26% |
| International | 10.55% |
| Ireland | 8.90% |
| Japan | 8.28% |
| Netherlands | 3.95% |
| Others | 0.00% |
| UK | 8.70% |
| USA | 40.24% |
Sector Breakdown
| Name | Weight |
|---|---|
| Health Care | 0.99% |
| Hotels | 2.23% |
| Industrials | 3.97% |
| Offices - Property | 18.01% |
| Others | 36.11% |
| Residential - Property | 10.44% |
| Retail | 28.24% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ISHARES II PLC | 8.90% |
| SIMON PROPERTY GROUP INC | 5.77% |
| UNIBAIL-RODAMCO | 3.95% |
| EQUITY RESIDENTIAL PROPERTIES | 3.37% |
| LINK REAL ESTATE INVESTMENT TR | 3.23% |
| AVALONBAY COMMUNITIES INC | 3.14% |
| ALEXANDRIA REAL ESTATE EQUITIE | 2.85% |
| MACERICH CO | 2.79% |
| MITSUBISHI ESTATE CO | 2.67% |
| MITSUI FUDOSAN | 2.62% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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