Fact sheet: M&G NAACIF

Fund information
Fund name
M&G NAACIF Inc GBP
Fund manager company
M&G UK
Fund type
Unit Trust
Fund managers
  • Richard Hughessince 28/06/2001
  • Jenny Rodgerssince 31/08/2016
Fund objective
The fund is designed to provide almshouses with a high income and security of capital assets from their investment. The Trustee has complete discretion with regard to the choice of investments; currently the equity content of the fund is invested in Charifund and the fixed interest content in Charibond shares, and as from June 2012 the fund will also invest in the M&G Global Dividend Fund.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
15.3%
1 Year rank in sector
4/28
Sector
UT UK Equity & Bond Income
Yield
4.3%
Fund size
£175m (£159m 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.
75
Top in this sector
Fund name1 Year
S&W Millbank Veracruz21.9%
S&W Millbank Brooklyn20.9%
S&W Millbank Blackwall17%
M&G NAACIF15.3%
First Arrow Diversified14.6%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • UK68.8%
    USA14.4%
    Canada3.3%
    Money Market2.4%
    France2.2%
  • Financials23.2%
    Others14.1%
    Industrials9.1%
    Health Care8.7%
    Consumer Services8.6%
  • UK Equities45.2%
    UK Gilts10.7%
    US Equities10.4%
    UK Fixed Interest8.3%
    UK Corporate Fixed Interest6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%0.4%9.6%15.3%24.9%67.6%
Sector0.2%-0.2%7.4%8.9%20%50.2%
Rank within sector5 / 2911 / 296 / 294 / 287 / 254 / 24
Quartile1st2nd1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund14.3%1.3%5.4%20.3%13.7%
Sector9%2.7%5.5%15.5%10.3%
Rank within sector4 / 2821 / 2610 / 256 / 249 / 24
Quartile1st4th2nd1st2nd
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.
-0.05
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.
1.22
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.
0.44
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%.
7.59
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.
2.87
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.
0.38
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.
0.88
Price movement
52 week high84.21
52 week low67.98
Current bid price-
Current offer price-
Current mid price81.26
Region
1UK68.77%
2USA14.44%
3Canada3.33%
4Money Market2.39%
5France2.18%
6Switzerland2.08%
7Australia1.33%
8Finland1.04%
9Norway0.96%
Industry sector
1Financials23.2%
2Others14.14%
3Industrials9.12%
4Health Care8.7%
5Consumer Services8.56%
6Oil & Gas8.52%
7Utilities7.07%
8Consumer Goods6.44%
9Basic Materials4.8%
Asset type
1UK Equities45.2%
2UK Gilts10.75%
3US Equities10.42%
4UK Fixed Interest8.28%
5UK Corporate Fixed Interest6.05%
6Canadian Equities2.59%
7Money Market1.87%
8Swiss Equities1.5%
9US Corporate Fixed Interest1.38%
Individual holdings
1M&G CHARIFUND A ACC GBP61.28%
2M&G GLOBAL DIVIDEND A INC EUR23.89%
3CHARIBOND CHARITIES FIXED INTEREST COMMO14.3%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
Unit Trust
Fund objective
The fund is designed to provide almshouses with a high income and security of capital assets from their investment. The Trustee has complete discretion with regard to the choice of investments; currently the equity content of the fund is invested in Charifund and the fixed interest content in Charibond shares, and as from June 2012 the fund will also invest in the M&G Global Dividend Fund.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Richard Hughes28/06/2001Richard Hughes joined M&G in 1986. He is a UK equity income fund manager with responsibility for the management of Charifund, the M&G Extra Income Fund and the M&G High Income Investment Trust. Richard previously worked for Derbyshire County Council where he was manager of its pension fund. He graduated from Sheffield University with an honours degree in accounting and economics. He is an associate of CFA UK.
Jenny Rodgers31/08/2016Jenny Rodgers joined Prudential Portfolio Managers (now M&G) in 1994, initially analysing European equity markets and acting as a portfolio manager for external clients. She has been part of what is today the Macro & Multi Asset Investment team since it was established in 1999. In January 2011, Jenny was appointed co-manager of the M&G Episode Growth Fund, and in September 2016 took over the management of one of M&G’s charity funds, the National Association of Almshouses Common Investment Fund. Jenny is a Chartered Financial Analyst and has a BA Honours in Economics from Exeter University.
Compliance
IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
M&G NAACIF Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7622.74
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG61
M&G NAACIF Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price81.26
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG60
Data provided by

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