The Fund aims to deliver a total return (the combination of capital growth and income) of at least 4-8% per annum above the 3-month LIBOR over any five-year period, after charges are taken.
There is no guarantee that the Fund will achieve a positive return over five years, or any other period, and investors may not get back the original amount they invested.
Fund Manager
David Fishwickmanager
for
13 years
and 9 months
David Fishwick is Head of Macro and Equities Investment at M&G Investments and co-fund manager of the M&G Episode Macro Fund. Dave has more than 20 years of investment management experience, having joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently being responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, Dave relocated to Australia where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the M&G Episode Macro Fund was launched in 2010, which follows the same strategy. Dave has a BSc in economics from Brunel University, London.
Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick’s Multi Asset team and is manager of the M&G Episode Defensive Fund since launch in September 2012. He is also co-manager of the M&G Episode Macro Fund and the M&G Episode Growth Fund. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics.
Eric Lonerganmanager
for
13 years
and 9 months
Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick’s Multi Asset team and is manager of the M&G Episode Defensive Fund since launch in September 2012. He is also co-manager of the M&G Episode Macro Fund and the M&G Episode Growth Fund. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics.
Fund Overview
Mid (02/10/2020)
141.82p
Historic yield
1.14%
Fund size
-
Number of holdings
39
Entry Charge
-
Ongoing Charges
0.93%
Launch date
03/06/2010
Asset Allocation
Cash and Equivalents
90.70%
Alternative Trading Strategies
2.85%
Other Assets
6.44%
Portfolio data accurate as at: 30/09/20
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
Cash and Equivalents
90.70%
Alternative Trading Strategies
2.85%
Other Assets
6.44%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Cash and Equivalents
90.70%
-
-
-
Non-Classified
6.44%
-
-
-
Alternative Trading Strategies
2.85%
-
-
-
Alternative Trading Strategies
-
2.85%
-
-
Alternative Trading Strategies
-
-
2.85%
-
Alternative Trading Strategies
-
-
-
2.85%
Bonds
0.00%
-
-
-
Regional Allocation
Cash and Equivalents
90.70%
Non-Classified
9.30%
Fixed Interest Currencies
Cash
90.70%
Non-Fixed Interest Assets
9.30%
Regional Breakdown
Expand allCollapse all
Region
Country
Cash and Equivalents
90.70%
-
Non-Classified
9.30%
-
Holdings
Stock
% Weight
Sector
Country
1
CASH COLLATERAL USD SSB
6.44%
Non-Classified
Non-Classified
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Cash and Equivalents
-
-
-
-
-
-
-
90.70%
90.70%
Bonds
-
-
-
-
-
-
-
-
-
Non-Classified
-
-
-
-
-
-
9.30%
-
9.30%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B5LCW58
Mex Code
-
Isin Code
GB00B5LCW587
Citi Code
J5I1
Fund Charges
Entry Charge
-
Ongoing Charges
0.93%
Aims and Benchmark
Aims
The Fund aims to deliver a total return (the combination of capital growth and income) of at least 4-8% per annum above the 3-month LIBOR over any five-year period, after charges are taken.
There is no guarantee that the Fund will achieve a positive return over five years, or any other period, and investors may not get back the original amount they invested.
Benchmark
3-month GBP LIBOR + 4-8%
Benchmark Category
Target
IA Sector
Unclassified
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£10.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
State Street Bank and Trust Company
Group Details
Group name
M&G Investments
Group address
10 Fenchurch Avenue
London
EC3M 5AG
United Kingdom
Group telephone
0800 390 390
Dealing telephone
0800 328 3196
Email
info@mandg.co.uk
Homepage
www.mandg.co.uk
Fax number
-
Dealing
Minimum Investment
-
Minimum Top Up
-
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.