Prudential M&G Smaller Companies S2

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund 4.2% -2.0% -7.3% 41.0% -17.2%
Sector 10.0% -6.0% -7.2% 45.4% -19.9%
Rank 70/71 13/71 41/71 53/71 23/71
Quartile 4 1 3 3 2

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 2.7% 2.0% 8.1%
Sector 2.6% 2.3% 8.2%
Rank 41/71 48/71 48/65
Quartile 3 3 3

Top 10 Holdings

Stock % Weight
ALPHA FINL MKTS CONSULTING 4.45
MONEYSUPERMARKET.COM GROUP 3.79
EMIS GROUP 3.54
888 HLDGS 3.05
PREMIER FOODS 2.78
KIN AND CARTA 2.73
NCC GROUP 2.73
HILL & SMITH HOLDINGS 2.53
RPS GROUP 2.52
VIDENDUM 2.32
Total 30.43

Fund Aims

Objective: The investment strategy of the fund is to purchase units in M&G Smaller Companies Fund - the underlying fund.

Underlying Fund Objective: The fund aims to deliver a higher total return (the combination of capital growth and income) than the Numis Smaller Companies Index (excluding Investment Companies), net of the Ongoing Charge Figure, over any five year period. At least 80% of the fund is invested in the UK smaller companies. These are UK listed companies which, at the initial time of purchases, are: • in the bottom 10% (by market capitalisation) of the FTSE All-Share Index, or • in the Numis Smaller Companies Index (excluding Investment Companies), or • listed on the Alternative Investment Market. The fund may also invest in collective investment schemes and other transferrable securities. Cash and near cash may be held for ancillary purposes and derivatives, including warrants, may be used for efficient portfolio management and hedging purposes.

Fund Manager

Garfield Kiff manager of the underlying fund for 7 years and 2 months

Photo of Garfield Kiff Garfield Kiff was appointed fund manager of the M&G Smaller Companies Fund in June 2015. He joined M&G in 2000 from PricewaterhouseCoopers as a smaller companies analyst. He was deputy manager of the M&G Recovery Fund from 2002 until 2008, and managed the Prudential Pooled Pensions Smaller Companies Fund between 2003 and 2008. Garfield was manager of the M&G UK Growth Fund from 2007 until it merged with the M&G UK Select Fund in 2012 and he became the deputy manager. Garfield graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.

Fund Overview

Bid (12/08/2022) 1195.70
Offer (12/08/2022) 1258.60
Fund size (30/06/2022) £4.59m
Underlying Fund size £216.19m
Number of holdings 68
Launch date 06/04/1987

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.01%
Yearly Total 1.01%

Asset Allocation

pie chart
  UK Equities 97.90%
  Money Market 1.96%
  Cash and Equivalents 0.15%
Portfolio data accurate as at: 30/06/22

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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

pie chart
  UK Equities 97.90%
  Money Market 1.96%
  Cash and Equivalents 0.15%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Industrials 30.13% - - -
 
Industrial Goods & Services - 24.32% - -
 
Industrial Support Services - - 16.50% -
 
Professional Business Support Services - - - 13.26%
 
Business Training & Employment Agencies - - - 2.02%
 
Forms & Bulk Printing Services - - - 1.22%
 
Industrial Engineering - - 2.32% -
 
Machinery: Industrial - - - 2.32%
 
General Industrials - - 2.10% -
 
Diversified Industrials - - - 2.10%
 
Aerospace & Defence - - 1.98% -
 
Defense - - - 1.98%
 
Industrial Transportation - - 1.42% -
 
Transportation Services - - - 1.42%
 
Construction & Materials - 5.81% - -
 
Construction & Materials - - 5.81% -
 
Building Materials: Other - - - 3.92%
 
Construction - - - 1.89%
 
Consumer Discretionary 22.40% - - -
 
Media - 6.68% - -
 
Media - - 6.68% -
 
Media Agencies - - - 4.35%
 
Radio & TV Broadcasters - - - 1.28%
 
Publishing - - - 1.05%
 
Travel & Leisure - 6.59% - -
 
Travel & Leisure - - 6.59% -
 
Casinos & Gambling - - - 4.22%
 
Restaurants & Bars - - - 1.21%
 
Travel & Tourism - - - 1.15%
 
Consumer Products & Services - 5.37% - -
 
Household Goods & Home Construction - - 2.25% -
 
Home Construction - - - 2.25%
 
Personal Goods - - 1.99% -
 
Clothing & Accessories - - - 1.99%
 
Consumer Services - - 1.13% -
 
Consumer Services: Misc. - - - 1.13%
 
Retail - 2.94% - -
 
Retailers - - 2.94% -
 
Specialty Retailers - - - 2.50%
 
Home Improvement Retailers - - - 0.44%
 
Automobiles & Parts - 0.82% - -
 
Automobiles & Parts - - 0.82% -
 
Auto Parts - - - 0.82%
 
Technology 18.29% - - -
 
Technology - 18.29% - -
 
Software & Computer Services - - 16.71% -
 
Computer Services - - - 9.68%
 
Consumer Digital Services - - - 3.79%
 
Software - - - 3.24%
 
Technology Hardware & Equipment - - 1.58% -
 
Electronic Components - - - 1.58%
 
Financials 12.73% - - -
 
Financial Services - 10.78% - -
 
Finance & Credit Services - - 6.21% -
 
Mortgage Finance - - - 3.18%
 
Consumer Lending - - - 3.03%
 
Investment Banking & Brokerage Services - - 4.57% -
 
Asset Managers & Custodians - - - 3.36%
 
Investment Services - - - 1.21%
 
Insurance - 1.95% - -
 
Non-life Insurance - - 1.95% -
 
Property & Casualty Insurance - - - 1.95%
 
Basic Materials 4.65% - - -
 
Basic Resources - 2.53% - -
 
Industrial Metals & Mining - - 2.53% -
 
Metal Fabricating - - - 2.53%
 
Chemicals - 2.12% - -
 
Chemicals - - 2.12% -
 
Chemicals: Diversified - - - 2.12%
 
Consumer Staples 4.11% - - -
 
Food, Beverage & Tobacco - 4.11% - -
 
Food Producers - - 4.11% -
 
Food Products - - - 4.11%
 
Energy 2.16% - - -
 
Energy - 2.16% - -
 
Non-Renewable Energy - - 2.16% -
 
Oil Equipment & Services - - - 2.16%
 
Non-Classified 1.96% - - -
 
Health Care 1.92% - - -
 
Health Care - 1.92% - -
 
Pharmaceuticals & Biotechnology - - 1.92% -
 
Biotechnology - - - 1.92%
 
Telecommunications 1.20% - - -
 
Telecommunications - 1.20% - -
 
Telecommunications Equipment - - 1.20% -
 
Telecommunications Equipment - - - 1.20%
 
Real Estate 0.31% - - -
 
Real Estate - 0.31% - -
 
Real Estate Investment & Services - - 0.31% -
 
Real Estate Services - - - 0.31%
 
Cash and Equivalents 0.15% - - -

Regional Allocation

pie chart
  UK 97.90%
  Cash and Equivalents 2.10%

Fixed Interest Currencies

pie chart
  Pound Sterling 72.17%
  US Dollar 19.49%
  Non-Fixed Interest Assets 4.65%
  Euro 3.81%
  Cash -0.12%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 97.90% -
 
United Kingdom - 97.90%
 
Cash and Equivalents 2.10% -

Breakdown By Market Cap (%)

Medium
 
 
23.52%
Small
 
 
59.50%
Micro
 
 
12.68%
Non-Classified
 
 
4.15%
Cash
 
 
0.15%

Top 10 Holdings

Stock % Weight Sector Country
1 ALPHA FINL MKTS CONSULTING 4.45% Industrial Support Services United Kingdom
2 MONEYSUPERMARKET.COM GROUP 3.79% Software & Computer Services United Kingdom
3 EMIS GROUP 3.54% Software & Computer Services United Kingdom
4 888 HLDGS 3.05% Travel & Leisure United Kingdom
5 PREMIER FOODS 2.78% Food Producers United Kingdom
6 KIN AND CARTA 2.73% Software & Computer Services United Kingdom
7 NCC GROUP 2.73% Software & Computer Services United Kingdom
8 HILL & SMITH HOLDINGS 2.53% Industrial Metals & Mining United Kingdom
9 RPS GROUP 2.52% Industrial Support Services United Kingdom
10 VIDENDUM 2.32% Industrial Engineering United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 18.29% - - - - - - - 18.29%
Telecommunications 1.20% - - - - - - - 1.20%
Financials 12.73% - - - - - - - 12.73%
Real Estate 0.31% - - - - - - - 0.31%
Consumer Discretionary 22.40% - - - - - - - 22.40%
Consumer Staples 4.11% - - - - - - - 4.11%
Energy 2.16% - - - - - - - 2.16%
Health Care 1.92% - - - - - - - 1.92%
Industrials 30.13% - - - - - - - 30.13%
Basic Materials 4.65% - - - - - - - 4.65%
Cash and Equivalents - - - - - - - 0.15% 0.15%
Non-Classified - - - - - - 1.96% - 1.96%

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 0715412
Mex Code VNSCUL
Isin Code GB0007154122
Citi Code VA40

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.01%
Yearly Total 1.01%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in M&G Smaller Companies Fund - the underlying fund. Underlying Fund Objective: The fund aims to deliver a higher total return (the combination of capital growth and income) than the Numis Smaller Companies Index (excluding Investment Companies), net of the Ongoing Charge Figure, over any five year period. At least 80% of the fund is invested in the UK smaller companies. These are UK listed companies which, at the initial time of purchases, are: • in the bottom 10% (by market capitalisation) of the FTSE All-Share Index, or • in the Numis Smaller Companies Index (excluding Investment Companies), or • listed on the Alternative Investment Market. The fund may also invest in collective investment schemes and other transferrable securities. Cash and near cash may be held for ancillary purposes and derivatives, including warrants, may be used for efficient portfolio management and hedging purposes.
Benchmark Numis Smaller Companies Index excluding Investment Companies
ABI Sector UK Smaller Companies

Ratings

FE Crown Crown Rating of 2

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.

Risk Analysis

Ratio Value
Alpha 0.02
Beta 0.91
Sharpe 0.00
Standard Deviation 20.43
Info Ratio -0.02

Risk Factors

Risk Factor Yes / No
Charges to Capital Yes
Emerging Markets No
Concentrated Portfolio No
Smaller Companies Yes
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate No
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth Yes
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity Yes
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Charges to Capital

Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).

Smaller Companies

The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Income Eroding Capital Growth

The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.

Umbrella Liabilities

If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.

Liquidity

This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.