Prudential M&G Smaller Companies Ser A

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

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund 14.8% 8.1% 4.3% -8.5% -5.8%
Sector 11.4% 17.1% 2.0% -12.5% -3.6%
Rank 28/92 82/93 32/93 21/93 75/93
Quartile 2 4 2 1 4

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund -3.5% 2.2% 3.4%
Sector -4.9% 2.3% 4.3%
Rank 29/93 42/92 57/77
Quartile 2 2 3

Top 10 Holdings

Stock % Weight
HILL & SMITH 4.25
PREMIER FOODS 3.18
ASCENTIAL 2.59
LANCASHIRE HLDGS 2.55
BYTES TECHNOLOGY GROUP 2.47
WINCANTON 2.42
MORTGAGE ADVICE BUREAU (HOLDINGS) 2.21
CHEMRING GROUP 2.20
ALFA FINANCIAL SOFTWARE HOLDINGS 2.16
COATS GROUP 2.13
Total 26.15

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 8 years and 9 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 (27/03/2024) 650.50
Offer (27/03/2024) 684.70
Fund size (29/02/2024) £18.28m
Underlying Fund size £190.34m
Number of holdings 126
Launch date 26/01/1998

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.00%
Yearly Total 1.00%

Asset Allocation

pie chart
  UK Equities 97.61%
  Money Market 2.13%
  UK Corporate Bonds 0.08%
  International Bonds 0.05%
  Cash and Equivalents -0.71%
  Other Assets 0.84%
Portfolio data accurate as at: 31/01/24

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 gross 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
  UK Equities 97.61%
  Money Market 2.13%
  UK Corporate Bonds 0.08%
  International Bonds 0.05%
  Cash and Equivalents -0.71%
  Other Assets 0.84%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Industrials 26.78% - - -
 
Industrial Goods & Services - 21.33% - -
 
Industrial Support Services - - 6.79% -
 
Professional Business Support Services - - - 3.49%
 
Business Training & Employment Agencies - - - 1.84%
 
Forms & Bulk Printing Services - - - 1.47%
 
Aerospace & Defence - - 4.85% -
 
Defense - - - 3.64%
 
Aerospace - - - 1.21%
 
Industrial Engineering - - 2.78% -
 
Machinery: Industrial - - - 2.78%
 
Industrial Transportation - - 2.42% -
 
Transportation Services - - - 2.42%
 
Electronic & Electrical Equipment - - 2.36% -
 
Electrical Components - - - 2.36%
 
General Industrials - - 2.13% -
 
Diversified Industrials - - - 2.13%
 
Construction & Materials - 5.45% - -
 
Construction & Materials - - 5.45% -
 
Building Materials: Other - - - 4.17%
 
Building, Roofing/Wallboard & Plumbing - - - 1.29%
 
Consumer Discretionary 19.50% - - -
 
Media - 7.48% - -
 
Media - - 7.48% -
 
Media Agencies - - - 3.42%
 
Publishing - - - 2.87%
 
Radio & TV Broadcasters - - - 1.19%
 
Travel & Leisure - 4.39% - -
 
Travel & Leisure - - 4.39% -
 
Casinos & Gambling - - - 3.42%
 
Travel & Tourism - - - 0.97%
 
Consumer Products & Services - 3.24% - -
 
Household Goods & Home Construction - - 2.13% -
 
Home Construction - - - 2.13%
 
Leisure Goods - - 1.11% -
 
Electronic Entertainment - - - 1.11%
 
Retail - 2.79% - -
 
Retailers - - 2.79% -
 
Specialty Retailers - - - 2.79%
 
Automobiles & Parts - 1.60% - -
 
Automobiles & Parts - - 1.60% -
 
Auto Parts - - - 1.60%
 
Financials 14.43% - - -
 
Financial Services - 11.88% - -
 
Investment Banking & Brokerage Services - - 7.91% -
 
Asset Managers & Custodians - - - 4.42%
 
Investment Services - - - 3.49%
 
Finance & Credit Services - - 3.97% -
 
Mortgage Finance - - - 3.00%
 
Consumer Lending - - - 0.97%
 
Insurance - 2.55% - -
 
Non-life Insurance - - 2.55% -
 
Property & Casualty Insurance - - - 2.55%
 
Technology 12.39% - - -
 
Technology - 12.39% - -
 
Software & Computer Services - - 10.89% -
 
Software - - - 6.40%
 
Consumer Digital Services - - - 4.49%
 
Technology Hardware & Equipment - - 1.49% -
 
Semiconductors - - - 1.49%
 
Basic Materials 6.06% - - -
 
Basic Resources - 4.25% - -
 
Industrial Metals & Mining - - 4.25% -
 
Metal Fabricating - - - 4.25%
 
Chemicals - 1.81% - -
 
Chemicals - - 1.81% -
 
Chemicals: Diversified - - - 1.81%
 
Real Estate 5.43% - - -
 
Real Estate - 5.43% - -
 
Real Estate Investment Trusts - - 2.93% -
 
Office REITs - - - 2.93%
 
Diversified REITs - - - 0.00%
 
Real Estate Investment & Services - - 2.51% -
 
Real Estate Services - - - 2.51%
 
Consumer Staples 4.16% - - -
 
Food, Beverage & Tobacco - 3.18% - -
 
Food Producers - - 3.18% -
 
Food Products - - - 3.18%
 
Personal Care, Drug & Grocery Stores - 0.98% - -
 
Personal Care, Drug & Grocery Stores - - 0.98% -
 
Miscellaneous Consumer Staple Goods - - - 0.98%
 
Energy 3.55% - - -
 
Energy - 3.55% - -
 
Non-Renewable Energy - - 3.55% -
 
Oil Equipment & Services - - - 2.60%
 
Oil: Crude Producers - - - 0.94%
 
Health Care 3.01% - - -
 
Health Care - 3.01% - -
 
Pharmaceuticals & Biotechnology - - 3.01% -
 
Biotechnology - - - 2.15%
 
Pharmaceuticals - - - 0.86%
 
Telecommunications 2.30% - - -
 
Telecommunications - 2.30% - -
 
Telecommunications Equipment - - 1.25% -
 
Telecommunications Equipment - - - 1.25%
 
Telecommunications Service Providers - - 1.05% -
 
Telecommunications Services - - - 1.05%
 
Cash and Equivalents 1.43% - - -
 
Non-Classified 0.84% - - -
 
Bonds 0.13% - - -

Regional Allocation

pie chart
  UK 97.69%
  Cash and Equivalents 1.43%
  Non-Classified 0.84%
  Developed Europe - Excl UK 0.05%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.58%
  Pound Sterling 0.13%
  Cash -0.71%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 97.69% -
 
United Kingdom - 97.69%
 
Cash and Equivalents 1.43% -
 
Non-Classified 0.84% -
 
Developed Europe - Excl UK 0.05% -
 
France - 0.03%
 
Netherlands - 0.02%

Breakdown By Market Cap (%)

Medium
 
 
35.62%
Small
 
 
46.50%
Micro
 
 
14.42%
Non-Classified
 
 
1.91%
Bonds
 
 
0.13%
Cash
 
 
1.43%

Top 10 Holdings

Stock % Weight Sector Country
1 HILL & SMITH 4.25% Industrial Metals & Mining United Kingdom
2 PREMIER FOODS 3.18% Food Producers United Kingdom
3 ASCENTIAL 2.59% Software & Computer Services United Kingdom
4 LANCASHIRE HLDGS 2.55% Non-life Insurance United Kingdom
5 BYTES TECHNOLOGY GROUP 2.47% Software & Computer Services United Kingdom
6 WINCANTON 2.42% Industrial Transportation United Kingdom
7 MORTGAGE ADVICE BUREAU (HOLDINGS) 2.21% Finance & Credit Services United Kingdom
8 CHEMRING GROUP 2.20% Aerospace & Defence United Kingdom
9 ALFA FINANCIAL SOFTWARE HOLDINGS 2.16% Software & Computer Services United Kingdom
10 COATS GROUP 2.13% General Industrials United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 12.39% - - - - - - - 12.39%
Telecommunications 2.30% - - - - - - - 2.30%
Financials 14.43% - - - - - - - 14.43%
Real Estate 5.43% - - - - - - - 5.43%
Consumer Discretionary 19.50% - - - - - - - 19.50%
Consumer Staples 4.16% - - - - - - - 4.16%
Energy 3.55% - - - - - - - 3.55%
Health Care 3.01% - - - - - - - 3.01%
Industrials 26.78% - - - - - - - 26.78%
Basic Materials 6.06% - - - - - - - 6.06%
Cash and Equivalents - - - - - - - -0.71% -0.71%
Bonds - - 0.08% 0.05% - - - - 0.13%
Non-Classified - - - - - - 0.84% 2.13% 2.97%

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 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 0537661
Mex Code SBECSP
Isin Code GB0005376610
Citi Code SG72

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.00%
Yearly Total 1.00%

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 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

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 gross 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.