The Fund aims to maximise long term total return (the combination of income and growth of capital) to investors by investing predominantly in undervalued European equities.
Fund Manager
Richard Hallemanager
for
17 years
and 3 months
Richard Halle joined M&G in 1999 as an investment analyst specialising in the insurance sector. Since 2002, he has been a member of the European equities team and in 2008 he was appointed fund manager of the M&G European Strategic Value Fund. He also manages various institutional value-based European equities mandates and, since 2002, an internal dividend-based mandate. Before joining M&G, Richard worked as a security analyst for the Sedgwick Group. He graduated from the University of Natal in South Africa with a bachelor of commerce and is a chartered financial analyst (CFA) charterholder.
Daniel White became co-fund manager of the M&G European Strategic Value Fund in April 2011. He had worked with Richard Halle since the inception of the fund as a dedicated analyst and was appointed deputy fund manager in 2009 after contributing materially to successful investment ideas for the fund. Daniel joined M&G as an analyst in 2005 for the European equities team. He previously worked at Deloitte & Touche as an accountant having qualified as a chartered accountant in 2005. He graduated from the University of Southampton with a BSc in oceanography in 2001.
Daniel Whitemanager
for
14 years
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 (06/12/2018)
199.24p
Historic yield
1.79%
Fund size
-
Number of holdings
91
Entry Charge
-
Ongoing Charges
0.91%
Launch date
01/02/2008
Asset Allocation
International Equities
68.87%
UK Equities
25.78%
Cash and Equivalents
5.20%
Property
0.15%
Alternative Trading Strategies
0.00%
Portfolio data accurate as at: 30/11/18
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
International Equities
68.87%
UK Equities
25.78%
Cash and Equivalents
5.20%
Property
0.15%
Alternative Trading Strategies
0.00%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Financials
17.05%
-
-
-
Banks
-
12.16%
-
-
Banks
-
-
12.16%
-
Banks
-
-
-
12.16%
Insurance
-
4.10%
-
-
Health Care
14.19%
-
-
-
Health Care
-
14.19%
-
-
Pharmaceuticals & Biotechnology
-
-
13.67%
-
Pharmaceuticals
-
-
-
13.67%
Industrials
13.81%
-
-
-
Industrial Goods & Services
-
11.65%
-
-
Aerospace & Defence
-
-
3.00%
-
Industrial Transportation
-
-
2.67%
-
Marine Transportation
-
-
-
2.67%
Industrial Engineering
-
-
1.00%
-
Electronic & Electrical Equipment
-
-
0.36%
-
General Industrials
-
-
0.33%
-
Containers & Packaging
-
-
-
0.33%
Construction & Materials
-
2.15%
-
-
Construction & Materials
-
-
2.15%
-
Consumer Services
13.42%
-
-
-
Oil & Gas
13.19%
-
-
-
Oil & Gas
-
13.19%
-
-
Oil & Gas Producers
-
-
12.56%
-
Oil & Gas Exploration & Production
-
-
-
2.92%
Oil Equipment, Services & Distribution
-
-
0.63%
-
Consumer Goods
6.30%
-
-
-
Personal & Household Goods
-
2.14%
-
-
Food & Beverage
-
2.08%
-
-
Basic Materials
5.78%
-
-
-
Basic Resources
-
4.30%
-
-
Industrial Metals & Mining
-
-
2.53%
-
Iron & Steel
-
-
-
2.53%
Chemicals
-
1.48%
-
-
Chemicals
-
-
1.48%
-
Specialty Chemicals
-
-
-
1.48%
Cash and Equivalents
5.20%
-
-
-
Telecommunications
4.94%
-
-
-
Telecommunications
-
4.94%
-
-
Technology
4.18%
-
-
-
Technology
-
4.18%
-
-
Technology Hardware & Equipment
-
-
3.54%
-
Electronic Office Equipment
-
-
-
0.58%
Semiconductors
-
-
-
0.52%
Software & Computer Services
-
-
0.63%
-
Computer Services
-
-
-
0.63%
Utilities
1.95%
-
-
-
Utilities
-
1.95%
-
-
Electricity
-
-
0.90%
-
Conventional Electricity
-
-
-
0.90%
Non-Classified
0.00%
-
-
-
Alternative Trading Strategies
0.00%
-
-
-
Alternative Trading Strategies
-
0.00%
-
-
Alternative Trading Strategies
-
-
0.00%
-
Alternative Trading Strategies
-
-
-
0.00%
Regional Allocation
Developed Europe - Excl UK
67.50%
UK
25.78%
Cash and Equivalents
5.20%
North America
0.96%
Emerging Europe
0.41%
Property
0.15%
Fixed Interest Currencies
Non-Fixed Interest Assets
99.21%
Cash
0.73%
Euro
0.06%
Regional Breakdown
Expand allCollapse all
Region
Country
Developed Europe - Excl UK
67.50%
-
Germany
-
13.41%
France
-
11.50%
Switzerland
-
9.58%
Finland
-
6.18%
Netherlands
-
4.71%
Ireland
-
3.75%
Norway
-
3.37%
Sweden
-
3.18%
Spain
-
2.82%
Austria
-
2.27%
Denmark
-
2.10%
Italy
-
2.02%
Luxembourg
-
1.34%
Belgium
-
1.28%
UK
25.78%
-
United Kingdom
-
25.78%
Cash and Equivalents
5.20%
-
North America
0.96%
-
United States
-
0.96%
Emerging Europe
0.41%
-
Turkey
-
0.41%
Property
0.15%
-
Breakdown By Market Cap (%)
Mega
42.04%
Large
17.78%
Medium
23.94%
Small
9.90%
Micro
0.36%
Non-Classified
0.79%
Cash
5.20%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
Novartis AG
3.82%
Pharmaceuticals & Biotechnology
Switzerland
2
Roche Holding AG Part. Cert.
3.69%
Pharmaceuticals & Biotechnology
Switzerland
3
Total S.A.
3.39%
Oil & Gas Producers
France
4
BP
3.24%
Oil & Gas Producers
United Kingdom
5
Securitas AB Series B
2.45%
Support Services
Sweden
6
AstraZeneca
2.22%
Pharmaceuticals & Biotechnology
United Kingdom
7
Royal Dutch Shell B
2.19%
Oil & Gas Producers
United Kingdom
8
Volkswagen AG Pfd.
2.07%
Automobiles & Parts
Germany
9
Deutsche Lufthansa AG
2.04%
Travel & Leisure
Germany
10
Bayer AG
1.97%
Pharmaceuticals & Biotechnology
Germany
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Basic Materials
-
5.78%
-
-
-
-
-
-
5.78%
Consumer Goods
1.50%
4.80%
-
-
-
-
-
-
6.30%
Consumer Services
7.04%
6.38%
-
-
-
-
-
-
13.42%
Financials
3.25%
13.66%
-
-
-
0.15%
-
-
17.05%
Health Care
3.44%
10.75%
-
-
-
-
-
-
14.19%
Industrials
1.84%
11.97%
-
-
-
-
-
-
13.81%
Oil & Gas
7.20%
6.00%
-
-
-
-
-
-
13.19%
Technology
-
4.18%
-
-
-
-
-
-
4.18%
Telecommunications
1.52%
3.43%
-
-
-
-
-
-
4.94%
Utilities
-
1.95%
-
-
-
-
-
-
1.95%
Cash and Equivalents
-
-
-
-
-
-
-
5.20%
5.20%
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 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
B28XT30
Mex Code
-
Isin Code
GB00B28XT308
Citi Code
B1O8
Fund Charges
Entry Charge
-
Ongoing Charges
0.91%
Aims and Benchmark
Aims
The Fund aims to maximise long term total return (the combination of income and growth of capital) to investors by investing predominantly in undervalued European equities.
Benchmark
MSCI Europe
Benchmark Category
-
IA Sector
Europe Including UK
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
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
£100000
Minimum Top Up
£10000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges 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.