Fact sheet: M&G Eurpn Index Trk

Fund information
Fund name
M&G European Index Tracker A Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Nigel Boothsince 30/07/2003
  • Richard O'Connorsince 01/01/2002
Fund objective
The fund is designed to track the performance of the FTSE World Europe ex UK Index, which represents a broad spread of European company shares. It will typically hold around 350 stocks, including the largest 100 stocks in the index, as well as a selection of the remaining smaller stocks to ensure that the fund’s market capitalisation and industry weights are in line with the index weighting.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Quick stats
1 Year return
14.9%
1 Year rank in sector
35/97
Sector
UT Europe Excluding UK
Yield
2.2%
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.
0.7%
Fund size
£83m (£65m 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.
111
Mid price
102.06
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap32%
Neptune European Opps28.3%
Invesco Perp European Equity21.7%
Schroder Eurpn Alpha Plus21.7%
Liontrust European Growth21.1%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France20.9%
    Germany20.4%
    Switzerland19.6%
    Spain7.1%
    Netherlands7%
  • Financials21.7%
    Consumer Goods19.7%
    Industrials15.2%
    Health Care12.6%
    Basic Materials8.3%
  • French Equities20.9%
    German Equities20.4%
    Swiss Equities19.6%
    Spanish Equities7.1%
    Dutch Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%0.9%11.2%14.9%24.2%71.6%
Sector-0.9%0.2%9.5%12.9%25.3%80.3%
Rank within sector43 / 10139 / 10029 / 9935 / 9754 / 8765 / 79
Quartile2nd2nd2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund14%4.1%1.1%23.8%18%
Sector11.5%9.1%-0.7%27.3%19.2%
Rank within sector34 / 9887 / 9125 / 8764 / 8153 / 79
Quartile2nd4th2nd4th3rd
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.
-0.83
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.
0.19
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%.
11.58
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.
2.5
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.
-0.24
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.
0.95
Price movement
52 week high106.65
52 week low79.8
Current bid price-
Current offer price-
Current mid price102.06
Region
1France20.91%
2Germany20.38%
3Switzerland19.63%
4Spain7.12%
5Netherlands6.95%
6Sweden6.25%
7Italy4.55%
8Denmark3.79%
9Belgium2.89%
Industry sector
1Financials21.68%
2Consumer Goods19.69%
3Industrials15.24%
4Health Care12.58%
5Basic Materials8.32%
6Consumer Services5.41%
7Oil & Gas4.44%
8Technology4.39%
9Telecommunications4%
Asset type
1French Equities20.91%
2German Equities20.38%
3Swiss Equities19.63%
4Spanish Equities7.12%
5Dutch Equities6.95%
6Swedish Equities6.25%
7Italian Equities4.55%
8Danish Equities3.79%
9Belgian Equities2.89%
Individual holdings
1NESTLE SA4.1%
2NOVARTIS AG3.07%
3ROCHE HLDG AG3.06%
4TOTAL SA1.91%
5ANHEUSER-BUSCH INBEV SA/NV1.67%
6SANOFI1.61%
7SIEMENS AG1.58%
8BAYER AG1.49%
9BASF SE1.47%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund is designed to track the performance of the FTSE World Europe ex UK Index, which represents a broad spread of European company shares. It will typically hold around 350 stocks, including the largest 100 stocks in the index, as well as a selection of the remaining smaller stocks to ensure that the fund’s market capitalisation and industry weights are in line with the index weighting.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Fund managers
NameSinceBiography
Nigel Booth30/07/2003Nigel Booth is manager of the M&G European Index Tracker Fund and deputy on the M&G Index Tracker Fund and the M&G Fund of Investment Trusts Shares. Nigel is also head of index funds. Before joining M&G, he was responsible for index/passive funds and derivatives dealing at Insight Investment. Nigel graduated in business studies.
Richard O'Connor01/01/2002Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).
Compliance
Transparent for Austrian Tax, FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden
M&G European Index Tracker A Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price17.7344
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMO16
M&G European Index Tracker A Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price102.06
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePK58
M&G European Index Tracker A Inc GBP
Initial charge-
Annual charge0.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price72.96
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePK59
Data provided by

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