M&G Global Sustain Paris Aligned Fund
Fund Factsheet as at 28 February 2023
Fund descriptionEdit
The fund aims to provide a combination of capital growth and income, net of the Ongoing Charge Figure, that is higher than the MSCI World Index over any five-year period and to invest in companies that contribute towards the Paris Agreement climate change goal of keeping a global temperature rise this century well below two degrees Celsius above pre-industrial levels. At least 80% of the fund is invested in the shares of sustainable companies from across the world. The fund is concentrated and usually holds fewer than 40 companies. Sustainability considerations are fully integrated into the investment process. Companies that are assessed to be in breach of the United Nations Global Compact principles on human rights, labour, environment and anti-corruption are excluded from the investment universe. Industries such as tobacco and controversial weapons are also excluded. The fund manager makes long-term investments in companies with sustainable business models, where short-term issues have created buying opportunities for the fund.
The main risks associated with this fundEdit
For any past performance shown, please note that past performance is not a guide to future performance.
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 holds a small number of investments, and therefore a fall in the value of a single investment may have a greater impact than if it held a larger number of investments.
The fund can be exposed to different currencies. Movements in currency exchange rates may adversely affect the value of your investment.
Further risk factors that apply to the fund can be found in the fund's Prospectus.
Things you should knowEdit
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.
Largest holdings (%)Edit
| Fund | Index | Relative weight | |
|---|---|---|---|
| Microsoft | 6.3 | 3.4 | 2.9 |
| Unitedhealth Group | 6.1 | 0.9 | 5.2 |
| Novo Nordisk | 5.1 | 0.5 | 4.6 |
| Schneider Electric | 4.5 | 0.2 | 4.4 |
| WH Smith | 4.4 | 0.0 | 4.4 |
| Manhattan Associates | 4.4 | 0.0 | 4.4 |
| Unilever | 3.9 | 0.2 | 3.6 |
| Alphabet | 3.8 | 2.0 | 1.8 |
| Visa | 3.7 | 0.7 | 3.0 |
| Becton Dickinson | 3.4 | 0.1 | 3.3 |
Country breakdown (%)Edit
| Fund | Index | Relative weight | |
|---|---|---|---|
| US | 62.4 | 68.2 | -5.7 |
| UK | 15.4 | 4.1 | 11.3 |
| Denmark | 8.0 | 0.8 | 7.2 |
| Japan | 3.3 | 6.1 | -2.9 |
| Switzerland | 2.8 | 2.2 | 0.6 |
| India | 2.0 | 0.0 | 2.0 |
| China | 2.0 | 0.3 | 1.7 |
| Netherlands | 1.8 | 1.6 | 0.2 |
| Other | 0.0 | 16.6 | -16.6 |
| Cash | 2.2 | 0.0 | 2.2 |