<p><span style="font-size: 8pt;font-family: Arial;">The Fund aims to provide a combination of capital growth and income to deliver a return that is higher than that of the global emerging markets bond market over any three-year period.</span></p>


M&G Luxembourg S.A.

M&G Investment Management Limited

Other Bond

Fixed Income

JPM GBI-EM Global Diversified TR USD

JPM CEMBI Broad Diversified TR USD

JPM EMBI Global Diversified TR USD

M&G (Lux) Em Mkts Bd AH M SGD Acc

M&G (Lux) Em Mkts Bd CI USD Acc

2024

2023

2022

2021

2020

FixedIncome

Brazil

Mexico

South Africa

Indonesia

Malaysia

Colombia

Romania

Peru

Poland

Turkey

Ireland

Supranational

Dominican Republic

Hungary

United States

Uruguay

Uzbekistan

Singapore

Philippines

Paraguay

Argentina

Kazakhstan

Ukraine

Vietnam

Morocco

Czech Republic

Cote d'Ivoire

China

Azerbaijan

Barbados

Other countries

Unclassified

Bond - Gov't/Treasury

Bond - Corporate Bond

Mutual Fund - Open End

Bond - Gov't Agency Debt

Bond - Supranational

Bond - Gov't Inflation Protected

Bond - Undefined

Secretaria Tesouro Nacional 10% (2029-01-01 Maturity)

Mexico (United Mexican States) 8.5% (2038-11-18 Maturity)

Northern Trust Global US Dollar D

South Africa (Republic of) 8.875% (2035-02-28 Maturity)

Malaysia (Government Of) 3.885% (2029-08-15 Maturity)

South Africa (Republic of) 8.75% (2048-02-28 Maturity)

United States Treasury Notes 4.625% (2025-02-28 Maturity)

Singapore (Republic of) 2.375% (2025-06-01 Maturity)

Uruguay (Republic Of) 3.875% (2040-07-02 Maturity)

Malaysia (Government Of) 3.844% (2033-04-15 Maturity)