M&G North American Value Class PP GBP Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
30/06/24 to 30/06/25 |
|
|---|---|---|---|---|---|
| Fund | 29.3% | 7.9% | 10.8% | 16.6% | 0.3% |
| Sector | 27.2% | -3.3% | 12.1% | 21.3% | 4.7% |
| Rank | 116/205 | 21/216 | 155/229 | 158/233 | 210/239 |
| Quartile | 3 | 1 | 3 | 3 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/25 |
5 Years to 30/06/25 |
10 Years to 30/06/25 |
||
| Fund | 9.0% | 12.5% | n/a | |
| Sector | 12.5% | 11.9% | 12.7% | |
| Rank | 184/230 | 116/205 | n/a | |
| Quartile | 4 | 3 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ALPHABET | 3.72 |
| JPMORGAN CHASE & CO | 3.26 |
| WELLS FARGO & COMPANY | 2.33 |
| CISCO SYSTEMS | 2.25 |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | 2.23 |
| CITIGROUP | 2.19 |
| ORACLE CORPORATION | 2.07 |
| VERIZON COMMUNICATIONS | 1.92 |
| EXELON CORPORATION | 1.90 |
| WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY | 1.81 |
| Total | 23.68 |
Fund Aims
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the S&P 500 Index over any five-year period.
Fund Manager
Daniel White joined M&G in 2005 as a sector analyst and has worked closely with Richard Halle on the M&G European Strategic Value Fund since its launch in February 2008. He is deputy fund manager on the fund. In September 2013, Daniel was appointed fund manager of the M&G North American Value Fund. He previously worked at Deloitte & Touche as an accountant. He graduated from the University of Southampton with a BSc in oceanography in 2001. In 2005, he qualified as a chartered accountant and is also a chartered financial analyst (CFA) charterholder.
Fund Overview
| Mid (30/06/2025) | 145.47p |
| Historic yield | 2.03% |
| Fund size (31/05/2025) | £224.40m |
| Number of holdings | 246 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.45% |
| Launch date | 01/07/2005 |
Asset Allocation
| International Equities | 93.43% | |
| UK Equities | 1.30% | |
| Property | 1.27% | |
| Alternative Trading Strategies | 0.93% | |
| Cash and Equivalents | 0.31% | |
| International Bonds | 0.02% | |
| Other Assets | 2.74% |
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.
Asset Allocation
| International Equities | 93.43% | |
| UK Equities | 1.30% | |
| Property | 1.27% | |
| Alternative Trading Strategies | 0.93% | |
| Cash and Equivalents | 0.31% | |
| International Bonds | 0.02% | |
| Other Assets | 2.74% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 18.02% | - | - | - | |
| Technology | - | 18.02% | - | - | |
| Software & Computer Services | - | - | 9.32% | - | |
| Software | - | - | - | 4.94% | |
| Consumer Digital Services | - | - | - | 4.39% | |
| Technology Hardware & Equipment | - | - | 8.70% | - | |
| Semiconductors | - | - | - | 4.45% | |
| Computer Hardware | - | - | - | 2.23% | |
| Production Technology Equipment | - | - | - | 1.01% | |
| Electronic Components | - | - | - | 1.01% | |
| Financials | 16.10% | - | - | - | |
| Banks | - | 9.15% | - | - | |
| Banks | - | - | 9.15% | - | |
| Banks | - | - | - | 9.15% | |
| Insurance | - | 4.18% | - | - | |
| Non-life Insurance | - | - | 4.18% | - | |
| Insurance Brokers | - | - | - | 1.81% | |
| Full Line Insurance | - | - | - | 1.67% | |
| Reinsurance | - | - | - | 0.70% | |
| Financial Services | - | 2.77% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.77% | - | |
| Investment Services | - | - | - | 1.40% | |
| Asset Managers & Custodians | - | - | - | 1.36% | |
| Health Care | 13.63% | - | - | - | |
| Health Care | - | 13.63% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 9.09% | - | |
| Pharmaceuticals | - | - | - | 9.09% | |
| Medical Equipment & Services | - | - | 3.03% | - | |
| Medical Equipment | - | - | - | 3.03% | |
| Health Care Providers | - | - | 1.51% | - | |
| Health Care Management Services | - | - | - | 1.51% | |
| Industrials | 11.31% | - | - | - | |
| Industrial Goods & Services | - | 9.62% | - | - | |
| Industrial Transportation | - | - | 2.62% | - | |
| Railroads | - | - | - | 1.42% | |
| Commercial Vehicles & Parts | - | - | - | 1.20% | |
| General Industrials | - | - | 2.09% | - | |
| Diversified Industrials | - | - | - | 1.52% | |
| Containers & Packaging | - | - | - | 0.57% | |
| Industrial Support Services | - | - | 2.09% | - | |
| Transaction Processing Services | - | - | - | 1.55% | |
| Business Training & Employment Agencies | - | - | - | 0.54% | |
| Industrial Engineering | - | - | 1.81% | - | |
| Machinery: Construction & Handling | - | - | - | 0.91% | |
| Machinery: Industrial | - | - | - | 0.90% | |
| Electronic & Electrical Equipment | - | - | 1.02% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 1.02% | |
| Construction & Materials | - | 1.69% | - | - | |
| Construction & Materials | - | - | 1.69% | - | |
| Building Materials: Other | - | - | - | 0.87% | |
| Cement | - | - | - | 0.82% | |
| Consumer Discretionary | 8.99% | - | - | - | |
| Retail | - | 3.05% | - | - | |
| Retailers | - | - | 3.05% | - | |
| Home Improvement Retailers | - | - | - | 1.44% | |
| Specialty Retailers | - | - | - | 1.09% | |
| Apparel Retailers | - | - | - | 0.53% | |
| Consumer Products & Services | - | 2.58% | - | - | |
| Personal Goods | - | - | 1.57% | - | |
| Clothing & Accessories | - | - | - | 0.94% | |
| Cosmetics | - | - | - | 0.63% | |
| Household Goods & Home Construction | - | - | 1.00% | - | |
| Household Appliance | - | - | - | 1.00% | |
| Travel & Leisure | - | 1.35% | - | - | |
| Travel & Leisure | - | - | 1.35% | - | |
| Airlines | - | - | - | 1.35% | |
| Automobiles & Parts | - | 1.05% | - | - | |
| Automobiles & Parts | - | - | 1.05% | - | |
| Automobiles | - | - | - | 0.71% | |
| Auto Parts | - | - | - | 0.34% | |
| Media | - | 0.97% | - | - | |
| Media | - | - | 0.97% | - | |
| Entertainment | - | - | - | 0.97% | |
| Consumer Staples | 8.46% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 4.26% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.26% | - | |
| Food Retailers & Wholesalers | - | - | - | 1.66% | |
| Personal Products | - | - | - | 1.49% | |
| Nondurable Household Products | - | - | - | 1.11% | |
| Food, Beverage & Tobacco | - | 4.20% | - | - | |
| Beverages | - | - | 2.67% | - | |
| Brewers | - | - | - | 1.37% | |
| Soft Drinks | - | - | - | 1.30% | |
| Food Producers | - | - | 1.53% | - | |
| Food Products | - | - | - | 1.53% | |
| Telecommunications | 5.32% | - | - | - | |
| Telecommunications | - | 5.32% | - | - | |
| Telecommunications Service Providers | - | - | 3.07% | - | |
| Telecommunications Services | - | - | - | 1.92% | |
| Cable Television Services | - | - | - | 1.15% | |
| Telecommunications Equipment | - | - | 2.25% | - | |
| Telecommunications Equipment | - | - | - | 2.25% | |
| Utilities | 5.09% | - | - | - | |
| Utilities | - | 5.09% | - | - | |
| Electricity | - | - | 5.09% | - | |
| Conventional Electricity | - | - | - | 5.09% | |
| Energy | 4.05% | - | - | - | |
| Energy | - | 4.05% | - | - | |
| Non-Renewable Energy | - | - | 4.05% | - | |
| Integrated Oil & Gas | - | - | - | 1.53% | |
| Oil: Crude Producers | - | - | - | 1.11% | |
| Offshore Drilling & Other Services | - | - | - | 0.83% | |
| Oil Equipment & Services | - | - | - | 0.57% | |
| Non-Classified | 2.74% | - | - | - | |
| Real Estate | 2.74% | - | - | - | |
| Real Estate | - | 2.74% | - | - | |
| Real Estate Investment Trusts | - | - | 2.74% | - | |
| Office REITs | - | - | - | 1.47% | |
| Retail REITs | - | - | - | 1.27% | |
| Basic Materials | 2.29% | - | - | - | |
| Basic Resources | - | 2.03% | - | - | |
| Industrial Metals & Mining | - | - | 2.03% | - | |
| Iron & Steel | - | - | - | 1.28% | |
| Nonferrous Metals | - | - | - | 0.74% | |
| Chemicals | - | 0.26% | - | - | |
| Chemicals | - | - | 0.26% | - | |
| Fertilizers | - | - | - | 0.26% | |
| Alternative Trading Strategies | 0.93% | - | - | - | |
| Alternative Trading Strategies | - | 0.93% | - | - | |
| Alternative Trading Strategies | - | - | 0.93% | - | |
| Alternative Trading Strategies | - | - | - | 0.93% | |
| Cash and Equivalents | 0.31% | - | - | - | |
| Bonds | 0.02% | - | - | - | |
Regional Allocation
| North America | 86.09% | |
| Developed Europe - Excl UK | 5.36% | |
| Non-Classified | 3.67% | |
| Middle East & Africa | 1.33% | |
| UK | 1.30% | |
| Property | 1.27% | |
| Australia & New Zealand | 0.66% | |
| Cash and Equivalents | 0.31% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.67% | |
| Cash | 0.31% | |
| US Dollar | 0.02% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 86.09% | - | |
United States
|
- | 85.00% | |
Canada
|
- | 1.09% | |
| Developed Europe - Excl UK | 5.36% | - | |
Ireland
|
- | 5.35% | |
France
|
- | 0.01% | |
| Non-Classified | 3.67% | - | |
| Middle East & Africa | 1.33% | - | |
Israel
|
- | 1.33% | |
| UK | 1.30% | - | |
United Kingdom
|
- | 1.30% | |
| Property | 1.27% | - | |
| Australia & New Zealand | 0.66% | - | |
Australia
|
- | 0.66% | |
| Cash and Equivalents | 0.31% | - | |
Breakdown By Market Cap (%)
| Mega |
|
38.39% |
| Large |
|
15.62% |
| Medium |
|
10.55% |
| Small |
|
0.66% |
| Non-Classified |
|
34.45% |
| Bonds |
|
0.02% |
| Cash |
|
0.31% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ALPHABET | 3.72% | Software & Computer Services | United States |
| 2 | JPMORGAN CHASE & CO | 3.26% | Banks | United States |
| 3 | WELLS FARGO & COMPANY | 2.33% | Banks | United States |
| 4 | CISCO SYSTEMS | 2.25% | Telecommunications Equipment | United States |
| 5 | SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY | 2.23% | Technology Hardware & Equipment | Ireland |
| 6 | CITIGROUP | 2.19% | Banks | United States |
| 7 | ORACLE CORPORATION | 2.07% | Software & Computer Services | United States |
| 8 | VERIZON COMMUNICATIONS | 1.92% | Telecommunications Service Providers | United States |
| 9 | EXELON CORPORATION | 1.90% | Electricity | United States |
| 10 | WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY | 1.81% | Non-life Insurance | Ireland |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 18.02% | - | - | - | - | - | - | 18.02% |
| Telecommunications | - | 5.32% | - | - | - | - | - | - | 5.32% |
| Financials | - | 16.10% | - | - | - | - | - | - | 16.10% |
| Real Estate | - | 1.47% | - | - | - | 1.27% | - | - | 2.74% |
| Consumer Discretionary | - | 8.99% | - | - | - | - | - | - | 8.99% |
| Consumer Staples | 1.30% | 7.16% | - | - | - | - | - | - | 8.46% |
| Energy | - | 4.05% | - | - | - | - | - | - | 4.05% |
| Utilities | - | 5.09% | - | - | - | - | - | - | 5.09% |
| Health Care | - | 13.63% | - | - | - | - | - | - | 13.63% |
| Industrials | - | 11.31% | - | - | - | - | - | - | 11.31% |
| Basic Materials | - | 2.29% | - | - | - | - | - | - | 2.29% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.31% | 0.31% |
| Bonds | - | - | - | 0.02% | - | - | - | - | 0.02% |
| Non-Classified | - | - | - | - | - | - | 3.67% | - | 3.67% |
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 | BK7XXR9 |
| Mex Code | - |
| Isin Code | GB00BK7XXR93 |
| Citi Code | QGNP |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.45% |
Aims and Benchmark
| Aims | The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the S&P 500 Index over any five-year period. |
| Benchmark | S&P 500 Index |
| Benchmark Category | Target |
| IA Sector | North America |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | $0.50 |
| 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 |
Ratings
| FE Crown |  |
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 |
| info@mandg.co.uk | |
| Homepage | www.mandg.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | - |
| Settlement Period: Sell | - |
| Pricing Basis | None |
| 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.