M & G Global Leaders Class X Income Units
Also available as accumulation units
At a glance
| Initial charge | 0.00% |
|---|---|
| Initial saving | 0.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.66% |
| Launch date | 29-04-1985 |
| Launch price | £0.50 |
| Sector | Global Growth |
| Fund size | £574 million |
| Number of holdings | 58 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
As global growth slows, the pressure on companies to tighten their belts intensifies, and the value of high quality management becomes more important. These are the qualities that Aled Smith looks for in companies. Many of these can be found in the consumer goods, industrials and oil & gas sectors. Fortunately the fund’s low exposure to the financial sector has proven helpful. We believe the long term prospects remain bright.
Full research
About the Fund Manager
Aled Smith
Located in: London
Aled Smith (37) joined M&G in December 2000 and is Head of the Global Specialist Equity Team.Funds managed:M&G Global Media & Communications Fund,M&G Global Leaders Fund.Previous companies and responsibilities:Aled worked at JP Morgan for eightyears, four of these as a specialist senior analyst for the media sector. His responsibilities included stock selection for around $100 million of funds and allocating appropriate portfolio weightings to the media stocks that he covered.Prior to joining JP Morgan, Aled was an Actuarial Consultant for Coopers & Lybrand from 1989 to 1992.Academic training:Aled graduated from Lincoln College, Oxford University, with a BA in Mathematics in 1989. In 1995 Aled successfully completed the CFA qualification.
Income details
| Historic yield | 2.18% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
1 of 2 
Top 10 holdings
| TransCanada Corp. | 3.23% |
|---|---|
| SAP AG | 2.92% |
| Astellas Pharmaceutical | 2.75% |
| Pfizer | 2.63% |
| Home Depot | 2.45% |
| JPMorgan Chase & Co. | 2.43% |
| Daiichi Sankyo | 2.39% |
| Metro AG | 2.30% |
| Vodafone Group | 2.28% |
| HSBC Holdings PLC (UK Reg) | 2.26% |
Top 10 sectors
| Pharmaceuticals & Biotechnology | 12.99% |
|---|---|
| Oil & Gas Producers | 11.27% |
| Banks | 7.70% |
| Chemicals | 7.02% |
| Leisure Goods | 6.08% |
| Oil Equipment, Services & Distribution | 5.18% |
| General Retailers | 4.75% |
| Support Services | 4.26% |
| Industrial Transportation | 4.20% |
| Mobile Telecommunications | 4.14% |
Top 10 countries
| United States | 38.42% |
|---|---|
| Japan | 12.42% |
| Germany | 8.78% |
| United Kingdom | 8.20% |
| Canada | 6.81% |
| South Korea | 4.51% |
| Netherlands | 3.96% |
| Cash and Equiv. | 3.93% |
| Switzerland | 3.34% |
| Hong Kong | 2.72% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 03-12-2008. Data accurate as at 31/10/2008.
