M&G Episode Income Class PP GBP Acc

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

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 14.5% -6.4% 4.3% 6.5% 2.3%
Sector 12.7% -7.1% 1.2% 9.4% 5.7%
Rank 65/150 74/164 15/169 175/184 183/190
Quartile 2 2 1 4 4

Annualised performance

Annualised
3 Years to
30/06/25
5 Years to
30/06/25
10 Years to
30/06/25
Fund 4.4% 4.0% 4.0%
Sector 5.4% 4.2% 3.9%
Rank 134/169 89/150 60/109
Quartile 4 3 3

Top 10 Holdings

Stock % Weight
USD/GBP 31/07/2025 32.74
TREASURY NOTE 4.625% 15/02/2035 11.63
EUR/GBP 31/07/2025 7.16
USD/GBP 31/07/2025 6.14
JPY/GBP 31/07/2025 5.81
TREASURY STRIP (PRIN) 0% 15/02/2054 5.10
TREASURY BILL 0% 19/08/2025 4.93
CHF/GBP 31/07/2025 3.95
½% Treasury Gilt 2061 3.73
USD/GBP 31/07/2025 3.47
Total 84.66

Fund Aims

The Fund aims to provide:
• a growing level of income over any three‐ year period; and • capital growth of 2‐4% per annum, net of the Ongoing Charge Figure, over any three‐ year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested

Fund Manager

Steven Andrew manager for 14 years and 7 months

Photo of Steven Andrew Steven Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team, before moving to the Multi Asset team, where he helped to formulate asset allocation strategies for M&G's multi-asset fund range. In November 2010, Steven was appointed manager of the newly launched M&G Income Multi Asset Fund. Before joining M&G, Steven worked at F&C Asset Management, Merrill Lynch and the Bank of England. He graduated from the University of London in 1997 with a degree in financial economics.

Stefano Amato manager for 2 years and 6 months

Photo of Stefano Amato - Stefano Amato joins M&G from Santander Asset Management as Head of Multi Asset Solutions in November 2022. - Previously he worked in portfolio management roles at J.P. Morgan and Centurion Group, and held positions at Société Générale, Nomura and Lehman Brothers. - He holds a MSc in Finance from London Business School, along with a Masters in Behavioural Economics and a BA in Communication Sciences and Technologies from IULM University in Milan.

Fund Overview

Mid (30/06/2025) 121.20p
Historic yield 3.45%
Fund size (31/05/2025) £278.96m
Number of holdings 441
Entry Charge 0.00%
Ongoing Charges 0.55%
Launch date 11/11/2010

Asset Allocation

pie chart
  International Bonds 39.20%
  International Equities 36.16%
  UK Gilts 6.79%
  Commodities 5.33%
  UK Corporate Bonds 5.10%
  Cash and Equivalents 1.94%
  UK Equities 1.88%
  Property 0.20%
  Other Assets 3.40%
Portfolio data accurate as at: 31/05/25

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 Bonds 39.20%
  International Equities 36.16%
  UK Gilts 6.79%
  Commodities 5.33%
  UK Corporate Bonds 5.10%
  Cash and Equivalents 1.94%
  UK Equities 1.88%
  Property 0.20%
  Other Assets 3.40%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 51.09% - - -
 
Financials 7.88% - - -
 
Banks - 3.13% - -
 
Banks - - 3.13% -
 
Banks - - - 3.13%
 
Insurance - 3.01% - -
 
Non-life Insurance - - 1.99% -
 
Full Line Insurance - - - 1.20%
 
Property & Casualty Insurance - - - 0.41%
 
Reinsurance - - - 0.38%
 
Life Insurance - - 1.02% -
 
Life Insurance - - - 1.02%
 
Financial Services - 1.74% - -
 
Investment Banking & Brokerage Services - - 1.74% -
 
Investment Services - - - 0.97%
 
Asset Managers & Custodians - - - 0.67%
 
Diversified Financial Services - - - 0.10%
 
Commodities 5.33% - - -
 
Commodities - 5.33% - -
 
Commodities - - 5.33% -
 
Commodities - - - 5.33%
 
Industrials 5.18% - - -
 
Industrial Goods & Services - 4.06% - -
 
General Industrials - - 1.13% -
 
Diversified Industrials - - - 0.87%
 
Containers & Packaging - - - 0.20%
 
Plastics - - - 0.04%
 
Glass - - - 0.02%
 
Industrial Transportation - - 0.78% -
 
Delivery Services - - - 0.30%
 
Commercial Vehicles & Parts - - - 0.24%
 
Marine Transportation - - - 0.14%
 
Railroads - - - 0.10%
 
Industrial Support Services - - 0.75% -
 
Industrial Suppliers - - - 0.26%
 
Professional Business Support Services - - - 0.24%
 
Business Training & Employment Agencies - - - 0.10%
 
Security Services - - - 0.09%
 
Transaction Processing Services - - - 0.06%
 
Industrial Engineering - - 0.71% -
 
Machinery: Industrial - - - 0.48%
 
Machinery: Construction & Handling - - - 0.12%
 
Machinery: Engines - - - 0.11%
 
Electronic & Electrical Equipment - - 0.69% -
 
Electrical Components - - - 0.33%
 
Electronic Equipment: Control & Filter - - - 0.12%
 
Electronic Equipment: Other - - - 0.12%
 
Electronic Equipment: Gauges & Meters - - - 0.10%
 
Electronic Equipment: Pollution Control - - - 0.02%
 
Construction & Materials - 1.12% - -
 
Construction & Materials - - 1.12% -
 
Cement - - - 0.50%
 
Construction - - - 0.36%
 
Building Materials: Other - - - 0.17%
 
Building, Roofing/Wallboard & Plumbing - - - 0.09%
 
Consumer Staples 4.66% - - -
 
Food, Beverage & Tobacco - 2.50% - -
 
Food Producers - - 1.32% -
 
Food Products - - - 1.32%
 
Beverages - - 1.18% -
 
Soft Drinks - - - 0.69%
 
Distillers & Vintners - - - 0.40%
 
Brewers - - - 0.09%
 
Personal Care, Drug & Grocery Stores - 2.16% - -
 
Personal Care, Drug & Grocery Stores - - 2.16% -
 
Personal Products - - - 1.39%
 
Food Retailers & Wholesalers - - - 0.49%
 
Nondurable Household Products - - - 0.19%
 
Drug Retailers - - - 0.09%
 
Non-Classified 4.47% - - -
 
Non-Classified - 0.16% - -
 
Non-Classified - - 0.16% -
 
Non-Classified - - - 0.16%
 
Technology 4.45% - - -
 
Technology - 4.45% - -
 
Technology Hardware & Equipment - - 2.52% -
 
Semiconductors - - - 1.46%
 
Computer Hardware - - - 0.66%
 
Electronic Components - - - 0.17%
 
Production Technology Equipment - - - 0.12%
 
Electronic Office Equipment - - - 0.11%
 
Software & Computer Services - - 1.93% -
 
Software - - - 1.04%
 
Computer Services - - - 0.50%
 
Consumer Digital Services - - - 0.39%
 
Consumer Discretionary 4.15% - - -
 
Automobiles & Parts - 1.72% - -
 
Automobiles & Parts - - 1.72% -
 
Automobiles - - - 1.18%
 
Auto Parts - - - 0.36%
 
Tires - - - 0.19%
 
Retail - 1.17% - -
 
Retailers - - 1.17% -
 
Home Improvement Retailers - - - 0.50%
 
Diversified Retailers - - - 0.40%
 
Apparel Retailers - - - 0.17%
 
Specialty Retailers - - - 0.09%
 
Consumer Products & Services - 0.78% - -
 
Leisure Goods - - 0.52% -
 
Electronic Entertainment - - - 0.30%
 
Consumer Electronics - - - 0.13%
 
Recreational Vehicles & Boats - - - 0.05%
 
Photography - - - 0.04%
 
Household Goods & Home Construction - - 0.21% -
 
Home Construction - - - 0.14%
 
Household Equipment & Products - - - 0.07%
 
Personal Goods - - 0.06% -
 
Clothing & Accessories - - - 0.06%
 
Media - 0.40% - -
 
Media - - 0.40% -
 
Entertainment - - - 0.18%
 
Media Agencies - - - 0.18%
 
Publishing - - - 0.04%
 
Travel & Leisure - 0.08% - -
 
Travel & Leisure - - 0.08% -
 
Restaurants & Bars - - - 0.05%
 
Airlines - - - 0.02%
 
Health Care 4.06% - - -
 
Health Care - 4.06% - -
 
Pharmaceuticals & Biotechnology - - 3.73% -
 
Pharmaceuticals - - - 3.67%
 
Biotechnology - - - 0.06%
 
Medical Equipment & Services - - 0.29% -
 
Medical Equipment - - - 0.21%
 
Medical Supplies - - - 0.04%
 
Medical Services - - - 0.03%
 
Health Care Providers - - 0.04% -
 
Health Care Services - - - 0.04%
 
Energy 2.22% - - -
 
Energy - 2.22% - -
 
Non-Renewable Energy - - 2.22% -
 
Integrated Oil & Gas - - - 1.59%
 
Oil Refining and Marketing - - - 0.25%
 
Oil: Crude Producers - - - 0.24%
 
Pipelines - - - 0.14%
 
Cash and Equivalents 1.94% - - -
 
Telecommunications 1.71% - - -
 
Telecommunications - 1.71% - -
 
Telecommunications Service Providers - - 1.24% -
 
Telecommunications Services - - - 0.99%
 
Cable Television Services - - - 0.24%
 
Telecommunications Equipment - - 0.47% -
 
Telecommunications Equipment - - - 0.47%
 
Utilities 1.52% - - -
 
Utilities - 1.52% - -
 
Electricity - - 0.98% -
 
Conventional Electricity - - - 0.98%
 
Gas, Water & Multi-utilities - - 0.54% -
 
Multi-Utilities - - - 0.38%
 
Gas Distribution - - - 0.12%
 
Water - - - 0.04%
 
Basic Materials 0.89% - - -
 
Basic Resources - 0.46% - -
 
Industrial Metals & Mining - - 0.22% -
 
Iron & Steel - - - 0.08%
 
Nonferrous Metals - - - 0.04%
 
Copper - - - 0.04%
 
General Mining - - - 0.04%
 
Metal Fabricating - - - 0.02%
 
Precious Metals & Mining - - 0.16% -
 
Gold Mining - - - 0.16%
 
Industrial Materials - - 0.08% -
 
Paper - - - 0.08%
 
Chemicals - 0.44% - -
 
Chemicals - - 0.44% -
 
Chemicals: Diversified - - - 0.19%
 
Fertilizers - - - 0.10%
 
Specialty Chemicals - - - 0.10%
 
Chemicals & Synthetic Fibers - - - 0.05%
 
Real Estate 0.44% - - -
 
Real Estate - 0.44% - -
 
Real Estate Investment & Services - - 0.24% -
 
Real Estate Holding and Development - - - 0.24%
 
Real Estate Investment Trusts - - 0.20% -
 
Residential REITs - - - 0.20%
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  North America 43.07%
  Developed Europe - Excl UK 15.76%
  UK 13.76%
  Japan 8.97%
  South & Central America 6.02%
  Non-Classified 3.51%
  Cash and Equivalents 1.94%
  Emerging Asia 1.90%
  Emerging Europe 1.61%
  Other Regions 3.44%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 47.01%
  US Dollar 27.70%
  Pound Sterling 7.16%
  Turkish Lira 4.73%
  Cash 1.90%
  Rand 1.58%
  Other Currencies 9.91%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 43.07% -
 
United States - 41.93%
 
Canada - 1.14%
 
Developed Europe - Excl UK 15.76% -
 
Ireland - 5.92%
 
Switzerland - 3.78%
 
France - 2.07%
 
Germany - 1.79%
 
Spain - 0.53%
 
Sweden - 0.50%
 
Netherlands - 0.50%
 
Italy - 0.28%
 
Finland - 0.21%
 
Denmark - 0.12%
 
Belgium - 0.03%
 
Austria - 0.02%
 
UK 13.76% -
 
United Kingdom - 13.76%
 
Japan 8.97% -
 
Japan - 8.97%
 
South & Central America 6.02% -
 
Brazil - 2.04%
 
Colombia - 1.49%
 
Peru - 1.35%
 
Chile - 1.14%
 
Non-Classified 3.51% -
 
Cash and Equivalents 1.94% -
 
Emerging Asia 1.90% -
 
Indonesia - 1.20%
 
Philippines - 0.71%
 
Emerging Europe 1.61% -
 
Poland - 1.26%
 
Greece - 0.35%
 
Middle East & Africa 1.59% -
 
South Africa - 1.58%
 
Israel - 0.00%
 
Developed Asia 0.88% -
 
Singapore - 0.56%
 
Hong Kong - 0.32%
 
Australia & New Zealand 0.77% -
 
Australia - 0.77%
 
Property 0.20% -

Breakdown By Market Cap (%)

Mega
 
 
27.18%
Large
 
 
7.00%
Medium
 
 
0.88%
Small
 
 
0.97%
Micro
 
 
0.26%
Non-Classified
 
 
10.68%
Bonds
 
 
51.09%
Cash
 
 
1.94%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
25.48%
5Yr - 10Yr Maturity
 
 
12.98%
10Yr - 15Yr Maturity
 
 
0.71%
> 15Yr Maturity
 
 
11.92%
Cash And Equivalents
 
 
1.94%
Unknown Maturity
 
 
4.30%
Other Asset Types
 
 
42.67%

Fixed Interest Quality Profile

AAA
 
 
3.89%
AA
 
 
18.42%
A
 
 
2.86%
BBB
 
 
4.42%
Sub-Investment Grade
 
 
3.05%
Unknown Quality
 
 
18.44%
Cash and Equivalents
 
 
1.94%
Other Asset Types
 
 
46.97%

Top 10 Holdings

Stock % Weight Sector Country
1 USD/GBP 31/07/2025 32.74% Non-Classified Non-Classified
2 TREASURY NOTE 4.625% 15/02/2035 11.63% Bonds United States
3 EUR/GBP 31/07/2025 7.16% Non-Classified Non-Classified
4 USD/GBP 31/07/2025 6.14% Non-Classified Non-Classified
5 JPY/GBP 31/07/2025 5.81% Non-Classified Non-Classified
6 TREASURY STRIP (PRIN) 0% 15/02/2054 5.10% Bonds United States
7 TREASURY BILL 0% 19/08/2025 4.93% Bonds United States
8 CHF/GBP 31/07/2025 3.95% Non-Classified Non-Classified
9 ½% Treasury Gilt 2061 3.73% Bonds United Kingdom
10 USD/GBP 31/07/2025 3.47% Non-Classified Non-Classified

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 BG08759
Mex Code -
Isin Code GB00BG087591
Citi Code Q4QW

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.55%

Aims and Benchmark

Aims The Fund aims to provide: • a growing level of income over any three‐ year period; and • capital growth of 2‐4% per annum, net of the Ongoing Charge Figure, over any three‐ year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested
Benchmark n/a
Benchmark Category -
IA Sector Mixed Investment 20-60% Shares

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
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

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 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 -
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.