Fact sheet: M&G UK Select

Fund information
Fund name
M&G UK Select I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Rory Alexandersince 18/01/2016
  • Sam Fordsince 01/01/2017
  • Garfield Kiffsince 01/12/2012
Fund objective
The fund invests principally in shares of UK-listed companies with the aim of achieving capital growth. A long-term view is taken, with the emphasis on finding undervalued companies with attractive growth prospects. The portfolio targets a total number of stock holdings of around 50. The relatively concentrated nature of the fund requires the manager to have strong conviction in each and every holding.
Benchmark
  • FTSE All Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
20%
1 Year rank in sector
122/273
Sector
UT UK All Companies
Yield
1.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.91%
Fund size
£630m (£660m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
98
Mid price
1629.53
Top in this sector
Fund name1 Year
VT The Beagle38.1%
MI Chelverton UK Equ Grth37.6%
Unicorn UK Growth36.4%
MFM Bowland33%
SVS Church House DeepValInvts32.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK90.3%
    Money Market3.7%
    Canada2%
    Finland2%
    USA1.9%
  • Consumer Goods22%
    Financials17.7%
    Industrials15.4%
    Health Care13.1%
    Consumer Services8.8%
  • UK Equities89.4%
    Money Market4.3%
    US Equities2.2%
    Canadian Equities2.1%
    Finnish Equities2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%6%11.5%20%22.2%68.4%
Sector-1%3.7%8.7%19.1%24.9%74.4%
Rank within sector43 / 28039 / 28049 / 278122 / 273170 / 259164 / 243
Quartile1st1st1st2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund10.9%6.5%2.3%2.4%23.8%
Sector8.1%11.2%3.7%0.6%25.7%
Rank within sector49 / 278209 / 270153 / 26276 / 257155 / 250
Quartile1st4th3rd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.2
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.05
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.36
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.17
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.44
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.26
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high1651.44
52 week low1224.41
Current bid price-
Current offer price-
Current mid price1629.53
Region
1UK90.29%
2Money Market3.75%
3Canada2.05%
4Finland1.98%
5USA1.93%
Industry sector
1Consumer Goods22.02%
2Financials17.72%
3Industrials15.44%
4Health Care13.07%
5Consumer Services8.78%
6Oil & Gas7.71%
7Technology5.96%
8Money Market3.75%
9Basic Materials2.97%
Asset type
1UK Equities89.4%
2Money Market4.3%
3US Equities2.21%
4Canadian Equities2.11%
5Finnish Equities1.98%
Individual holdings
1BRITISH AMERICAN TOBACCO4.7%
2PRUDENTIAL PLC4.23%
3LLOYDS BANKING GROUP PLC4.01%
4ST JAMES`S PLACE PLC3.62%
5WH SMITH PLC3.5%
6UNILEVER3.4%
7MICRO FOCUS INTERNATIONAL3.32%
8IMPERIAL BRANDS PLC3.27%
9ASTRAZENECA PLC3.25%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests principally in shares of UK-listed companies with the aim of achieving capital growth. A long-term view is taken, with the emphasis on finding undervalued companies with attractive growth prospects. The portfolio targets a total number of stock holdings of around 50. The relatively concentrated nature of the fund requires the manager to have strong conviction in each and every holding.
Benchmark
  • FTSE All Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Rory Alexander18/01/2016Rory Alexander was appointed co-deputy fund manager of the M&G UK Select Fund in January 2016, having been an embedded research analyst with the UK Equities team since June 2015. He initially joined M&G as an analyst in the Equity Research team in 2008, and covered areas such as global transport, support services, media and consumer staples. Prior to joining M&G, Rory worked for St James's Place Partnership. He graduated from Bath University in 2008 with a BSc (Hons) in economics.
Sam Ford01/01/2017Sam Ford was appointed deputy manager of the M&G Pan European Dividend Fund, M&G Dividend Fund and M&G Extra Income Fund in February 2015. Sam initially joined M&G in 2014 as a dedicated analyst to the Income team. Prior to M&G, Sam worked at Alliance Trust, most recently as an investment manager with the Global Equities team. Sam graduated from the University of Strathclyde with a masters degree (merit) in chemical & process engineering and is a CFA charterholder.
Garfield Kiff01/12/2012Garfield Kiff is manager of the M&G Smaller Companies Fund and co-deputy manager of the M&G UK Select Fund. 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 graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden
M&G UK Select A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price13.7339
CurrencyEUR
Price updated23/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0U5
M&G UK Select A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price4553.25
CurrencyGBX
Price updated23/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG36
M&G UK Select A Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price2985.38
CurrencyGBX
Price updated23/06/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG64
M&G UK Select C Acc EUR
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price14.7685
CurrencyEUR
Price updated23/06/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0U6
M&G UK Select I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1629.53
CurrencyGBX
Price updated23/06/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZG0
M&G UK Select I Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1462.17
CurrencyGBX
Price updated23/06/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZG1
M&G UK Select R Acc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price160.92
CurrencyGBX
Price updated23/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZG2
M&G UK Select R Inc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price145.91
CurrencyGBX
Price updated23/06/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZG3
M&G UK Select X Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price4504.39
CurrencyGBX
Price updated23/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY12
M&G UK Select X Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price3005.28
CurrencyGBX
Price updated23/06/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY11
Data provided by

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