M&G Global Basics Fund

The M&G Global Basics Fund invests in the basic ingredients of life, the things in our lives which make them just a little easier. The things we take for granted - like toothpaste, coffee, a glass of wine, driving our cars - and even the air conditioning in our offices and shops.

However, in China, India and the other emerging economies of the world, people are only just discovering these little luxuries. The populations of these countries are undergoing an urbanisation greater than the world has ever seen. In doing so, their demand for basic materials - to build offices, houses, to tra nsport materials - is exploding. And their wages are increasing, allowing them to start buying those little luxuries in life, the same as we can.

The Global Basics Fund looks to take advantage of these changes by picking solid, consistent, well establishe d companies who are selling their goods into the Chinese and other growing markets. It is about 40% invested in commodities - oil, gas and minerals - with the rest targeted at western consumer brands whose goods are in demand from the countries' emerging middle class. The growth in these countries has only just begun - there is still a long way to go yet.

Initial charge: 4%

Annual charge: 1.5% pa

Minimum Investment £500

This is not a recommendation for investment is and for information puposes only. The value of the fund can go down as well as up. Past performance is no guide to the future.