Fact sheet: M&G Offshore North Am Div

Fund information
Fund name
M&G Offshore North American Dividend A
Fund manager company
M&G Guernsey
Fund type
OEIC
Fund managers
  • John Weaverssince 10/06/2007
Fund objective
The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to grow distributions over the long term (that is, over five years or more) and deliver capital growth. The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that has the potential to cope in a variety of market conditions.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund
Quick stats
1 Year return
35%
1 Year rank in sector
2/35
Sector
FO Equity - North America
Yield
1.6%
Fund size
£2m
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.
106
Top in this sector
Fund name1 Year
EDRF US Value & Yield37.6%
M&G Offshore North Am Div35%
La Mondiale American Equity33.9%
Sanlam FOUR US Div Inc33.5%
Legg Mason Nth America27%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • USA89.4%
    Canada9.5%
    Money Market1.1%
  • Information Technology19.8%
    Health Care18.5%
    Financials13.8%
    Consumer Discretionary12.1%
    Consumer Staples11.3%
  • US Equities89.4%
    Canadian Equities9.5%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%2.3%17.7%35%60.4%103.7%
Sector-1.8%2.1%9.1%18.7%31%69.9%
Rank within sector29 / 3825 / 381 / 382 / 356 / 286 / 23
Quartile4th3rd1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%39.9%-1.8%16%26.3%
Sector3.2%14.8%-0.8%12.9%29.7%
Rank within sector26 / 383 / 3524 / 329 / 2822 / 27
Quartile3rd1st3rd2nd4th
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.
9.78
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.
0.83
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.
1.21
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%.
12.48
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.
9.2
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.
0.82
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.
0.47
Price movement
52 week high235.96
52 week low162.28
Current bid price-
Current offer price-
Current mid price225.69
Region
1USA89.37%
2Canada9.49%
3Money Market1.14%
Industry sector
1Information Technology19.83%
2Health Care18.45%
3Financials13.79%
4Consumer Discretionary12.05%
5Consumer Staples11.27%
6Materials10.39%
7Energy9.49%
8Industrials3.59%
9Money Market1.14%
Asset type
1US Equities89.37%
2Canadian Equities9.49%
3Money Market1.14%
Individual holdings
1METHANEX CORP7.9%
2REYNOLDS AMERICAN INC5.49%
3UNITEDHEALTH GROUP INC5.13%
4MICROSOFT CORP4.55%
5BROADCOM CORP4.26%
6LAS VEGAS SANDS CORP3.93%
7PEMBINA PIPELINE CORP3.74%
8FIDELITY NATIONAL INFO SERVICES INC3.65%
9MEDTRONIC INC3.58%
Management
Fund manager group
M&G
Fund manager company
M&G Guernsey
Fund type
OEIC
Fund objective
The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to grow distributions over the long term (that is, over five years or more) and deliver capital growth. The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that has the potential to cope in a variety of market conditions.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund
Fund managers
NameSinceBiography
John Weavers10/06/2007John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
M&G Offshore North American Dividend A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price225.6938
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABB7
M&G Offshore North American Dividend I
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.8759
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMRWC
Data provided by

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