Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Legg Mason Martin Currie GF Global Resources USD

Ranked 5 out of 26 in - Natural Resources over 12 months
All calculations are in GBP unless stated

Managed by

Ruairidh Stewart

Ruairidh Stewart is an Investment Director in the Global Resources team at Martin Currie Investment Management. He began his career as an analyst at OneOffshore in 1997, later holding positions at McKinsey & Company and Simmons & Company International, where he was a Director of equity research. Ruairidh co-manages two resources-related global equity funds for Martin Currie. The funds invest across the wider and diversified resources universe, which the managers believe will allow them to find attractive opportunities in most market environments. Ruairidh was educated at Heriot-Watt University in his home town of Edinburgh, where he obtained a degree in Finance and Accounting.


To produce long-term capital growth. This fund will invest a minimum of two thirds of its total assets (after deduction of ancillary liquid assets) in equities of companies globally which are predominantly engaged in the energy, basic materials and utilities sectors.

Showing fund performance in United Kingdom View performance globally


Natural Resources over : 31/12/2014 - 31/12/2015

Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 -14.7% 3.5% -5.7% -16.3% 4.4%
2014 -7.7% -0.9% 3.5% -2.8% -7.5%
2013 7.0% 8.6% -5.6% 3.5% 0.8%
2012 0.2% 5.9% -11.2% 7.3% -0.7%
2011 -17.5% 4.5% -6.1% -22.4% 8.5%
2010 20.8% 12.6% -17.0% 10.0% 17.4%
2009 26.5% -2.1% 3.8% 21.6% 2.3%
2008 -23.3% -4.1% 19.0% -29.8% -4.2%
2007 34.3% 7.5% 15.0% 2.1% 6.4%
2006 33.5% 21.4% -4.0% -0.7% 15.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Total SA ORD 5.06
BG Group PLC ORD 4.69
BHP Billiton Ltd DR 3.85
Eastman Chemical Co ORD 3.77
Occidental Petroleum Corp ORD 3.64
International Flavors & Fragrances Inc ORD 3.62
EOG Resources Inc ORD 3.49
Suncor Energy Inc ORD 3.28
Exxon Mobil Corp ORD 3.17
International Paper Co ORD 3.10

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Hong Kong
  6. Ireland
  7. Italy
  8. Netherlands
  9. Singapore
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date30/12/2005
  • Share Class size09Mn
  • Base currencyUSD
  • ISIN LU0174483585

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0


  • Annual management1.50%
  • Initial investment5

Related News

Video from Berlin (1/4): fund managers on the markets

Ajay Singh Jain of Barclays, Chris Butler of Martin Currie, Cormac Weldon of Threadneedle and John Eisinger of Janus discuss the outlook for their funds in 2010.

The natural resources managers with the best risk profiles

Citywire analyses the leading managers in the sector. This week First State Global Resources vs Martin Currie GF Global Resources vs Schroder ISF Global Energy

Top resources managers make rare move into gold

Top-performing resources managers Chris Butler and Duncan Goodwin have made a rare foray into gold stocks and have also shifted their emphasis in the oil sector.

Coal and copper now more attractive than oil, says AAA-rated resources specialist

The price of oil is now reflected in the prices of oil related equities, but there are still anomalies between the prices of copper, coal and their related stocks, Martin Currie's newly AAA-rated natural resources manager thinks.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).