M&G Climate Solutions Class PP GBP Inc

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

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20		 31/03/20
to
31/03/21		 31/03/21
to
31/03/22		 31/03/22
to
31/03/23		 31/03/23
to
31/03/24
Fund n/a n/a 5.4% -2.7% 0.4%
Sector -6.0% 40.6% 8.4% -2.6% 16.7%
Rank n/a n/a 313/475 220/515 524/547
Quartile n/a n/a 3 2 4

Annualised performance

Annualised
3 Years to
31/03/24		 5 Years to
31/03/24		 10 Years to
31/03/24
Fund 1.0% n/a n/a
Sector 7.2% 10.2% 10.1%
Rank 423/475 n/a n/a
Quartile 4 n/a n/a

Top 10 Holdings

Stock % Weight
REPUBLIC SERVICES 6.16
LINDE PUBLIC LIMITED COMPANY 5.82
EQUINIX 4.52
ON SEMICONDUCTOR CORPORATION 4.51
ANSYS 4.25
SCHNEIDER ELECTRIC SE 3.95
ENPHASE ENERGY 3.71
TOMRA SYSTEMS ASA 3.65
BEFESA SA 3.45
AMERICAN WATER WORKS CO INC 3.29
Total 43.31

Fund Aims

The fund has two aims: to provide combined capital growth and income that is higher than that of the MSCI World Index over any five-year period; and to invest in companies that aim to deliver solutions to the challenge of climate change. At least 80% of the fund is invested in the shares of companies from any developed market. The fund usually holds shares in fewer than 40 companies. The fund invests over the long term in companies delivering solutions to the climate change challenge alongside a financial return. Sustainability and impact considerations are fundamental in the stock selection process. The fund embraces the UN Sustainable Development Goals framework and invests in companies focused on areas including clean energy, green technology and the promotion of a circular economy.

Fund Manager

Randeep Somel manager for 3 years and 5 months

Photo of Randeep Somel Randeep Somel became fund manager of the M&G Global Basics Fund and the M&G Managed Growth Fund in 2013, having previously been deputy fund manager on both funds since 2010. Randeep joined M&G in 2005 as a fund managers’ assistant on the M&G Equities team, and in August 2008, was promoted to dedicated analyst on the M&G Global Basics Fund, the M&G Managed Growth Fund and the Vanguard Precious Metals & Mining Fund. Prior to joining M&G, Randeep worked for State Street in a fund accounting role. He graduated from Birmingham University with a degree in economics in 2003. Randeep is a CFA charterholder.

Fund Overview

Mid (26/04/2024) 101.99p
Historic yield 1.43%
Fund size (31/03/2024) £21.46m
Number of holdings 34
Entry Charge 0.00%
Ongoing Charges 0.65%
Launch date -

Asset Allocation

pie chart
  International Equities 89.20%
  UK Equities 6.98%
  Cash and Equivalents 3.82%
Portfolio data accurate as at: 31/03/24

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

pie chart
  International Equities 89.20%
  UK Equities 6.98%
  Cash and Equivalents 3.82%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Industrials 34.98% - - -
 
 Industrial Goods & Services - 31.90% - -
 
 Electronic & Electrical Equipment - - 17.82% -
 
 Electronic Equipment: Gauges & Meters - - - 8.86%
 
 Electrical Components - - - 3.95%
 
 Electronic Equipment: Pollution Control - - - 2.90%
 
 Electronic Equipment: Control & Filter - - - 2.10%
 
 General Industrials - - 6.48% -
 
 Containers & Packaging - - - 6.48%
 
 Industrial Engineering - - 4.54% -
 
 Machinery: Industrial - - - 4.54%
 
 Industrial Support Services - - 3.07% -
 
 Professional Business Support Services - - - 3.07%
 
 Construction & Materials - 3.08% - -
 
 Construction & Materials - - 3.08% -
 
 Building Materials: Other - - - 3.08%
 
 Utilities 20.79% - - -
 
 Utilities - 20.79% - -
 
 Waste & Disposal Services - - 9.60% -
 
 Waste & Disposal Services - - - 9.60%
 
 Electricity - - 7.89% -
 
 Alternative Electricity - - - 4.92%
 
 Conventional Electricity - - - 2.97%
 
 Gas, Water & Multi-utilities - - 3.29% -
 
 Water - - - 3.29%
 
 Technology 17.69% - - -
 
 Technology - 17.69% - -
 
 Software & Computer Services - - 10.02% -
 
 Software - - - 10.02%
 
 Technology Hardware & Equipment - - 7.67% -
 
 Semiconductors - - - 6.85%
 
 Production Technology Equipment - - - 0.82%
 
 Energy 8.31% - - -
 
 Energy - 8.31% - -
 
 Renewable Energy - - 8.31% -
 
 Renewable Energy Equipment - - - 7.12%
 
 Alternative Fuels - - - 1.19%
 
 Basic Materials 5.82% - - -
 
 Chemicals - 5.82% - -
 
 Chemicals - - 5.82% -
 
 Chemicals: Diversified - - - 5.82%
 
 Real Estate 4.52% - - -
 
 Real Estate - 4.52% - -
 
 Real Estate Investment Trusts - - 4.52% -
 
 Other Specialty REITs - - - 4.52%
 
 Cash and Equivalents 3.82% - - -
 
 Consumer Discretionary 2.10% - - -
 
 Consumer Products & Services - 2.10% - -
 
 Consumer Services - - 2.10% -
 
 Consumer Services: Misc. - - - 2.10%
 
 Consumer Staples 1.97% - - -
 
 Food, Beverage & Tobacco - 1.97% - -
 
 Food Producers - - 1.97% -
 
 Food Products - - - 1.97%

Regional Allocation

pie chart
  North America 46.71%
  Developed Europe - Excl UK 34.43%
  UK 6.98%
  Japan 5.99%
  Cash and Equivalents 3.82%
  Australia & New Zealand 2.06%

Regional Breakdown

Expand allCollapse all
Region Country
 
 North America 46.71% -
 
 United States - 46.71%
 
 Developed Europe - Excl UK 34.43% -
 
 Ireland - 7.93%
 
 Denmark - 4.84%
 
 France - 3.95%
 
 Norway - 3.65%
 
 Luxembourg - 3.45%
 
 Belgium - 2.97%
 
 Netherlands - 2.52%
 
 Germany - 2.34%
 
 Austria - 1.42%
 
 Spain - 1.37%
 
 UK 6.98% -
 
 United Kingdom - 6.98%
 
 Japan 5.99% -
 
 Japan - 5.99%
 
 Cash and Equivalents 3.82% -
 
 Australia & New Zealand 2.06% -
 
 Australia - 2.06%

Breakdown By Market Cap (%)

Mega
 
 
9.82%
Large
 
 
32.69%
Medium
 
 
21.67%
Micro
 
 
3.71%
Non-Classified
 
 
28.30%
Cash
 
 
3.82%

Top 10 Holdings

Stock % Weight Sector Country
1 REPUBLIC SERVICES 6.16% Waste & Disposal Services United States
2 LINDE PUBLIC LIMITED COMPANY 5.82% Chemicals Ireland
3 EQUINIX 4.52% Real Estate Investment Trusts United States
4 ON SEMICONDUCTOR CORPORATION 4.51% Technology Hardware & Equipment United States
5 ANSYS 4.25% Software & Computer Services United States
6 SCHNEIDER ELECTRIC SE 3.95% Electronic & Electrical Equipment France
7 ENPHASE ENERGY 3.71% Renewable Energy United States
8 TOMRA SYSTEMS ASA 3.65% Industrial Engineering Norway
9 BEFESA SA 3.45% Waste & Disposal Services Luxembourg
10 AMERICAN WATER WORKS CO INC 3.29% Gas, Water & Multi-utilities United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 17.69% - - - - - - 17.69%
Real Estate - 4.52% - - - - - - 4.52%
Consumer Discretionary - 2.10% - - - - - - 2.10%
Consumer Staples - 1.97% - - - - - - 1.97%
Energy 1.19% 7.12% - - - - - - 8.31%
Utilities - 20.79% - - - - - - 20.79%
Industrials 5.80% 29.18% - - - - - - 34.98%
Basic Materials - 5.82% - - - - - - 5.82%
Cash and Equivalents - - - - - - - 3.82% 3.82%

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 BNC0XV0
Mex Code -
Isin Code GB00BNC0XV01
Citi Code WK6G

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.65%

Aims and Benchmark

Aims The fund has two aims: to provide combined capital growth and income that is higher than that of the MSCI World Index over any five-year period; and to invest in companies that aim to deliver solutions to the challenge of climate change. At least 80% of the fund is invested in the shares of companies from any developed market. The fund usually holds shares in fewer than 40 companies. The fund invests over the long term in companies delivering solutions to the climate change challenge alongside a financial return. Sustainability and impact considerations are fundamental in the stock selection process. The fund embraces the UN Sustainable Development Goals framework and invests in companies focused on areas including clean energy, green technology and the promotion of a circular economy.
Benchmark MSCI World Gross TR Index
Benchmark Category Target
IA Sector Global

Fund Background

Valuation frequency Daily
Valuation point -
Fund type OEIC
Launch price -
Fund currency Pound Sterling
Fund domicile -
ISA allowable No
SIPP allowable No

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository -
Fund Administrator -
Fund Registrar -
Fund Custodian -

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 -

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.