Fact sheet: M&G Index Tracker

Fund information
Fund name
M&G Index Tracker A Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Nigel Boothsince 01/02/2012
  • Richard O'Connorsince 01/02/2012
Fund objective
The fund is designed to track the performance of the FTSE All-Share Index, which represents a broad spread of UK company shares. The fund holds nearly all of the companies in the index and matches closely the weight that each stock represents in the index.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
12%
1 Year rank in sector
71/277
Sector
UT UK All Companies
Yield
3%
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.
0.46%
Fund size
£516m (£495m 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.
96
Mid price
117.77
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry47.8%
UBS UK Opportunities27.7%
Schroder Recovery27.5%
Charity Equity25.8%
Schroder Specialist Value UK Equ25.3%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK97.8%
    Money Market2.2%
  • Financials24.2%
    Consumer Goods14.8%
    Oil & Gas12.2%
    Consumer Services11.3%
    Industrials10.4%
  • UK Equities97.8%
    Money Market2.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%0.9%9.8%12%17.7%52.8%
Sector2%0.3%7.4%7.6%16.2%60%
Rank within sector156 / 285111 / 28372 / 28171 / 277136 / 263180 / 251
Quartile3rd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.5%1.6%-0.3%21.3%11.5%
Sector7.5%3.7%0.6%25.7%14.8%
Rank within sector83 / 278173 / 269190 / 264191 / 257185 / 251
Quartile2nd3rd3rd3rd3rd
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.
0.16
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.
0.97
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.
0.13
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%.
9.86
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.
3.63
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.
-0.01
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.
0.87
Price movement
52 week high121.27
52 week low93.48
Current bid price-
Current offer price-
Current mid price117.77
Region
1UK97.8%
2Money Market2.2%
Industry sector
1Financials24.21%
2Consumer Goods14.81%
3Oil & Gas12.17%
4Consumer Services11.34%
5Industrials10.38%
6Health Care9.31%
7Basic Materials6.58%
8Telecommunications4.34%
9Utilities3.79%
Asset type
1UK Equities97.8%
2Money Market2.2%
Individual holdings
1ROYAL DUTCH SHELL7.49%
2HSBC HLDGS5.51%
3BP4.06%
4BRITISH AMERICAN TOBACCO3.91%
5GLAXOSMITHKLINE3.53%
6VODAFONE GROUP2.67%
7ASTRAZENECA PLC2.6%
8DIAGEO2.45%
9RECKITT BENCKISER GROUP PLC2.06%
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 All-Share Index, which represents a broad spread of UK company shares. The fund holds nearly all of the companies in the index and matches closely the weight that each stock represents in the index.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
Nigel Booth01/02/2012Nigel 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'Connor01/02/2012Richard 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
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
M&G Index Tracker A Acc GBP
Initial charge-
Annual charge0.3%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.46%
Total expense ratio (TER)0.46%
Bid price-
Offer price-
Mid price117.77
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG30
M&G Index Tracker A Inc GBP
Initial charge-
Annual charge0.3%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.46%
Total expense ratio (TER)0.46%
Bid price-
Offer price-
Mid price69.44
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG29
Data provided by

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