Fact sheet: M&G Global Select

Fund information
Fund name
M&G Global Select I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Kasper Mikkelsensince 11/07/2016
  • John William Olsensince 01/07/2014
Fund objective
The fund aims to deliver capital growth and income over the long term (five years or more) by investing at least 70% of the portfolio in a range of company shares from across the world. The fund is a concentrated portfolio of between 30 and 40 holdings. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
33.6%
1 Year rank in sector
58/240
Sector
UT Global
Yield
1.1%
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
£663m (£614m 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.
97
Mid price
1912.64
Top in this sector
Fund name1 Year
Natixis HarsAsGblConcntdEq54.1%
R&M World Recovery45.4%
NFU Mutual Global Growth45%
Baillie Gifford Global Select44.8%
Investec Gbl Spcl Situations43.1%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA58.5%
    UK10.1%
    Germany6.5%
    Netherlands5.6%
    Denmark4.9%
  • Financials23%
    Health Care22.8%
    Information Technology12.8%
    Industrials12.8%
    Consumer Discretionary11.4%
  • US Equities58.5%
    UK Equities10.1%
    German Equities6.5%
    Dutch Equities5.6%
    Danish Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%1.4%7.7%33.6%50.9%99.2%
Sector2.4%2.6%9.5%28.9%41.5%85%
Rank within sector180 / 255184 / 252197 / 24958 / 24075 / 22182 / 197
Quartile3rd3rd4th1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.1%27.6%5.7%5.8%18.1%
Sector6.2%21%3.4%6.7%19.7%
Rank within sector206 / 25060 / 23779 / 227153 / 215143 / 203
Quartile4th2nd2nd3rd3rd
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.
2.06
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.
0.95
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.
1.04
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%.
10.32
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.
4.04
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.
0.34
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.
0.85
Price movement
52 week high1955.57
52 week low1453.41
Current bid price-
Current offer price-
Current mid price1912.64
Region
1USA58.5%
2UK10.07%
3Germany6.51%
4Netherlands5.62%
5Denmark4.93%
6Switzerland4.23%
7Japan3.54%
8Money Market2.57%
9Israel2.02%
Industry sector
1Financials22.98%
2Health Care22.79%
3Information Technology12.82%
4Industrials12.76%
5Consumer Discretionary11.37%
6Consumer Staples9.32%
7Materials2.64%
8Money Market2.57%
9Energy1.78%
Asset type
1US Equities58.5%
2UK Equities10.07%
3German Equities6.51%
4Dutch Equities5.62%
5Danish Equities4.93%
6Swiss Equities4.23%
7Japanese Equities3.54%
8Money Market2.57%
9Israeli Equities2.02%
Individual holdings
1BECTON DICKINSON & CO5.85%
2UNITEDHEALTH GROUP INC5.15%
3NOVO-NORDISK AS4.93%
4NESTLE SA4.23%
5MICROSOFT CORP4.01%
6WH SMITH PLC4.01%
7GRACO INC3.83%
8ALPHABET INC3.75%
9BANK OF NEW YORK MELLON CORP3.64%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund aims to deliver capital growth and income over the long term (five years or more) by investing at least 70% of the portfolio in a range of company shares from across the world. The fund is a concentrated portfolio of between 30 and 40 holdings. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Kasper Mikkelsen11/07/2016Kasper Mikkelsen joined the M&G Equities team in July 2014 as a dedicated analyst working with John William Olsen. Kasper was previously at Danske Capital in Denmark for three years where, as an analyst, he worked closely with John William. Kasper holds a BSc in Economics and Business Administration, and an MSc in Finance and Accounting from Copenhagen Business School.
John William Olsen01/07/2014John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Select Fund and M&G Pan European Select Fund in July 2014. He was later appointed manager of the M&G European Select Fund and deputy manager of the M&G European Smaller Companies Fund in July 2016. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.
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, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Ireland, Italy, Luxembourg, Netherlands, Norway, Singapore, Sweden
M&G Global Select A Acc EUR
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price25.6939
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMO49
M&G Global Select 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 price735.6
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG48
M&G Global Select A Acc USD
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price21.4147
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1P9
M&G Global Select A Inc EUR
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price25.5339
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKJ0G
M&G Global Select 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 price378.29
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG18
M&G Global Select A Inc USD
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price21.2329
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKJ0I
M&G Global Select B Acc EUR
Initial charge1.25%
Annual charge2.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)2.42%
Bid price-
Offer price-
Mid price11.7269
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN16S
M&G Global Select C Acc EUR
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price29.377
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMO50
M&G Global Select C Acc USD
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price23.2158
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1Q0
M&G Global Select C Inc EUR
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price28.365
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ0H
M&G Global Select C Inc USD
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price22.4885
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ0J
M&G Global Select I Acc GBP
Initial charge1%
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 price1912.64
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZE2
M&G Global Select I Inc GBP
Initial charge1%
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 price1816.97
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZE3
M&G Global Select 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 price188.94
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZE4
M&G Global Select R Inc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price181.36
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZE5
M&G Global 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 price729.43
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMW95
M&G Global Select X Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price378.27
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMW94
Data provided by

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