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China / Greater China
M&G China Fund
Managed by M&G Securities LimitedPart of M&G Investment Funds (10)
Latest factsheet
Jul 2026
Fund size
£50.0m
Yearly charge
0.70%
Manager fee
–
Income yield
2.25%
Holdings
81
Launched
29 Jul 2024
The fund aims to provide combined income and capital growth that is higher than that of the Chinese stockmarket (as measured by the MSCI China with 100% China A Shares Index), net of the ongoing charge figure, over any five-year period. At least 80% of the fund is invested in the shares and equity-related instruments of companies that are incorporated, listed, domiciled or do most of their business in the People’s Republic of China.
David Perrett (Fund manager) · Jamie Zhou (Deputy fund manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1Y | +3.90% | – | +4.70% | – |
| Since launch | +35.90% | – | +36.40% | – |
Calendar-year performance
| 2025 | 2026 |
|---|---|
| +30.80% | +3.90% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Tencent Holdings | 8.70% | |
| 2 | Alibaba Group Holding | 6.30% | |
| 3 | China Construction Bank | 4.10% | |
| 4 | Contemporary Amperex Technology | 4.10% | |
| 5 | China Merchants Bank | 3.80% | |
| 6 | Ping AN Insurance Group of China | 3.60% | |
| 7 | KE Holdings | 2.60% | |
| 8 | Kweichow Moutai | 2.50% | |
| 9 | H World | 1.80% | |
| 10 | Industrial and Commercial Bank of China | 1.80% |
Portfolio breakdown
Sector
| Industrials | 21.00% | |
| Financials | 19.60% | |
| Consumer discretionary | 18.60% | |
| Communication services | 13.60% | |
| Information technology | 8.20% | |
| Consumer staples | 6.60% | |
| Materials | 5.70% | |
| Real Estate | 3.00% | |
| Health care | 1.70% | |
| Utilities | 1.50% | |
| Cash | 0.40% | |
| Energy | 0.00% |
Geography
| China | 94.30% | |
| Hong Kong | 4.20% | |
| US | 1.10% | |
| Cash | 0.40% |
Market cap
| Mega cap (> $50bn) | 47.00% | |
| Large cap ($10 - $50bn) | 32.20% | |
| Mid cap ($2 - $10bn) | 15.00% | |
| Small cap (< $2bn) | 5.50% | |
| Cash | 0.40% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Sterling A Acc | GB00BS3F1G07 | – | acc | – | – | 1.10% | £500 |
| Sterling A Inc | GB00BS3F1H14 | – | inc | – | – | 1.10% | £500 |
| Sterling I Acc | GB00BS3F1B51 | – | acc | – | – | 0.70% | £500k |
| Sterling I Inc | GB00BS3F1C68 | – | inc | – | – | 0.70% | £500k |
| Sterling L Acc | GB00BS3F0F25 | – | acc | – | – | 0.50% | £20.0m |
| Sterling L Inc | GB00BS3F1710 | – | inc | – | – | 0.50% | £20.0m |
| Sterling R Acc | GB00BS3F1D75 | – | acc | – | – | 0.95% | £500 |
| Sterling R Inc | GB00BS3F1F99 | – | inc | – | – | 0.95% | £500 |
| – | GB00BS3F1827 | – | – | – | – | – | – |
| – | GB00BS3F1934 | – | – | – | – | – | – |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 22 Aug 2026 |