Marketing communication. For Investment Professionals only
The Maxima strategy uses a number of machine-learning algorithms to pick stocks. They work by taking a large amount of historical data on the universe of global company shares, and combining that with the knowledge of how each stock performed. Having been trained, the algorithms are given live data. They analyse this to rank each of the stocks that we might invest in, according to their likelihood of outperforming in the future. From this a portfolio of highest-scoring stocks is constructed subject to industry and country limits that ensure portfolio diversification is maintained.
P/E = price-earnings ratio; P/B: price-to-book ratio; DCF = discounted cashflow. These are all types of valuation methods.
Alpha score = Indicates how much a stock outperforms the market average.
|31 July 2022||US$92.54 million|
|Fund launch date||11 December 2019|
|Benchmark*||MSCI ACWI Net Return Index|
Source of fund facts: M&G, as at 31.07.2022.
*The benchmark is a comparator against which the Fund’s performance can be measured. It is a net return index which includes dividends after the deduction of withholding taxes. The index has been chosen as the Fund’s benchmark as it best reflects the scope of the Fund’s investment policy. The benchmark is used solely to measure the Fund’s performance and does not constrain the Fund’s portfolio construction. The Fund is actively managed. The investment manager has complete freedom in choosing which investments to buy, hold and sell in the fund. The Fund’s holdings may deviate significantly from the benchmark’s constituents.
This is a marketing communication. Please refer to the prospectus and to the KIID before making any final investment decision.
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.
The fund may invest in China A shares. Investments in assets from China are subject to changeable political, regulatory and economic conditions, which may cause difficulties when selling or collecting income from these investments. In addition, such investment is made via the Stock Connect system, which may be more susceptible to clearing, settlement and counterparty risk. These factors could cause the fund to incur a loss.
Further details of the risks that apply to the fund can be found in the fund's Key Investor Information Document and Prospectus.
Investing in this fund means acquiring units or shares in a fund, and not in a given underlying asset such as a building or shares of a company, as these are only the underlying assets owned by the fund.
For Accredited Investors and Institutional Investors only. Not for onward distribution. No other persons should rely on any information contained within.
This document is issued by M&G Investments (Singapore) Pte. Ltd. (Co. Reg. No. 201131425R), regulated by the Monetary Authority of Singapore. For “accredited investors” and “institutional investors” as defined under the Securities and Futures Act (Cap. 289) of Singapore (“SFA”) only. This document forms part of, and should be read in conjunction with, the Information Memorandum of the Fund and other communications permitted for offers made in reliance of prospectus exemptions under the SFA. All forms of investments carry risks. Such investments may not be suitable for everyone.