Fact sheet: M&G Dividend

Fund information
Fund name
M&G Dividend I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Sam Fordsince 01/02/2015
  • Phil Cliffsince 30/06/2013
Fund objective
The fund invests in the shares of UK companies with the potential to grow their dividends over the long term. The manager seeks to deliver a yield higher than that of the FTSE All-Share Index and achieve a steadily increasing income stream (but the level of income may vary over time). Subject to this, the aim is to maximise total return (the combination of income and growth of capital). The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that can cope in a variety of market conditions.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
1.4%
1 Year rank in sector
60/91
Sector
UT UK Equity Income
Yield
3.7%
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
£1,297m (£1,338m 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.
88
Mid price
1408.26
Top in this sector
Fund name1 Year
UBS UK Equity Income23.8%
Scot Wid Fdmtl Index UK Equity18.1%
SVS Church House DeepValInvts15.5%
SJP UK Growth13.7%
Jupiter Income Trust13.5%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK84.2%
    Luxembourg4.4%
    USA3.1%
    Sweden3%
    Finland2.8%
  • Financials22.7%
    Consumer Services18.6%
    Consumer Goods14.8%
    Industrials13.6%
    Health Care11.6%
  • UK Equities84.2%
    Luxembourg Equities4.4%
    US Equities3.1%
    Swedish Equities3%
    Finnish Equities2.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%-3%4.2%1.4%14.9%56.8%
Sector-2%-1.7%4.8%3.4%14.4%59.6%
Rank within sector85 / 9671 / 9649 / 9660 / 9150 / 8250 / 77
Quartile4th3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.5%8.1%1.2%18.5%16.9%
Sector4.1%4.9%2.8%24.8%13.5%
Rank within sector48 / 9226 / 8763 / 8370 / 7922 / 78
Quartile3rd2nd4th4th2nd
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.
-0.3
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.
1.12
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.
0.25
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%.
10.27
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.
3.29
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.
0.08
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.
0.91
Price movement
52 week high1514.22
52 week low1213.02
Current bid price-
Current offer price-
Current mid price1408.26
Region
1UK84.2%
2Luxembourg4.37%
3USA3.14%
4Sweden2.98%
5Finland2.82%
6Switzerland1.69%
7Netherlands1.04%
8Norway0.65%
9Germany0.59%
Industry sector
1Financials22.71%
2Consumer Services18.62%
3Consumer Goods14.84%
4Industrials13.55%
5Health Care11.63%
6Oil & Gas9.14%
7Technology3.13%
8Telecommunications2.8%
9Utilities2.31%
Asset type
1UK Equities84.2%
2Luxembourg Equities4.37%
3US Equities3.14%
4Swedish Equities2.98%
5Finnish Equities2.82%
6Swiss Equities1.69%
7Dutch Equities1.04%
8Norwegian Equities0.65%
9German Equities0.59%
Individual holdings
1BP6.31%
2BRITISH AMERICAN TOBACCO6.2%
3GLAXOSMITHKLINE5.79%
4IMPERIAL BRANDS PLC4.54%
5SES AS TLMACE4.37%
6RELX NV4.08%
7SMITH(DS)3.42%
8ESSENTRA PLC3.4%
9MICRO FOCUS INTERNATIONAL3.13%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests in the shares of UK companies with the potential to grow their dividends over the long term. The manager seeks to deliver a yield higher than that of the FTSE All-Share Index and achieve a steadily increasing income stream (but the level of income may vary over time). Subject to this, the aim is to maximise total return (the combination of income and growth of capital). The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that can cope in a variety of market conditions.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sam Ford01/02/2015Sam 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.
Phil Cliff30/06/2013Phil Cliff joined M&G in January 2012 and was appointed fund manager of the M&G Pan European Dividend Fund in April 2012. He also became fund manager of the M&G Dividend Fund in July 2013.
Compliance
Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
M&G Dividend A Acc GBP
Initial charge4%
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 price628.53
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG39
M&G Dividend A Inc GBP
Initial charge4%
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 price59.81
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG09
M&G Dividend I Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1408.26
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZCX
M&G Dividend I Inc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1181.91
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZCY
M&G Dividend R Acc GBP
Initial charge1%
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 price139.27
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZCZ
M&G Dividend R Inc GBP
Initial charge1%
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 price116.91
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZD0
M&G Dividend 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 price621.76
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMW59
M&G Dividend 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 price60.08
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMW58
Data provided by

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