Fact sheet: M&G PP Episode Income Pn

Fund information
Fund name
M&G PP Episode Income Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund manager
  • Steven Andrewsince 15/01/2016
Underlying fund
M&G Episode Income
Fund objective
The fund gains its exposure via the M&G Episode Income Fund, an M&G OEIC. This fund aims to generate a high and rising level of income over time through investment in a diversified range of assets. Subject to this, the Fund aims to provide capital growth over the long term. The core of the fund comprises company shares and fixed income securities. Exposure to these assets is gained through physical holdings and the use of derivatives. The blend of assets is regularly adjusted depending on where the manager sees the most value and to manage the level of risks.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
17.8%
1 Year rank in sector
223/531
Sector
PN Specialist
Yield
-
Fund size
£0m
Bid price
12.51
Offer price
12.58
Top in this sector
Fund name1 Year
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FL AXA Framlington Gbl Tech AP54.9%
Zurich AXAFramGblTechPn53.9%
OMW AXA Framlington Gbl Tech53.7%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • USA27.1%
    Europe23.7%
    Others13.3%
    Money Market9.7%
    Not Specified9.5%
  • Equities44.9%
    Government Bonds35.8%
    Money Market9.7%
    Corporate Bonds6.6%
    Mutual Funds2.9%
  • US Equities15.6%
    European Fixed Interest14.9%
    US Fixed Interest11.6%
    Money Market9.7%
    Global Fixed Interest9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%4.3%8.2%17.8%--
Sector1.3%1.9%6.3%15.2%25.7%50.1%
Rank within sector326 / 55443 / 554171 / 549223 / 531--
Quartile3rd1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5%----
Sector4%11.6%2%7.2%11%
Rank within sector154 / 550----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high12.51
52 week low10.47
Current bid price12.51
Current offer price12.58
Current mid price-
Region
1USA27.14%
2Europe23.7%
3Others13.3%
4Money Market9.74%
5Not Specified9.5%
6Asia Pacific ex Japan7.75%
7UK6.45%
8Japan2.43%
Industry sector
1Equities44.92%
2Government Bonds35.84%
3Money Market9.74%
4Corporate Bonds6.58%
5Mutual Funds2.92%
Asset type
1US Equities15.56%
2European Fixed Interest14.89%
3US Fixed Interest11.57%
4Money Market9.74%
5Global Fixed Interest9.67%
6European Equities8.81%
7Asia Pacific ex Japan Equities7.65%
8UK Equities6.83%
9Global Investment Grade Fixed Interest3.64%
Individual holdings
No data available.
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
The fund gains its exposure via the M&G Episode Income Fund, an M&G OEIC. This fund aims to generate a high and rising level of income over time through investment in a diversified range of assets. Subject to this, the Fund aims to provide capital growth over the long term. The core of the fund comprises company shares and fixed income securities. Exposure to these assets is gained through physical holdings and the use of derivatives. The blend of assets is regularly adjusted depending on where the manager sees the most value and to manage the level of risks.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
Mixed
Fund manager
NameSinceBiography
Steven Andrew15/01/2016Steven Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team, before moving to the Multi Asset team, where he helped to formulate asset allocation strategies for M&G's multi-asset fund range. In November 2010, Steven was appointed manager of the M&G Episode Income Fund. Three years later, he became manager of the M&G Income Allocation Fund upon its launch. Steven began his career at the Bank of England in 1987 and subsequently worked at F&C Asset Management and Merrill Lynch before joining M&G. He holds a BSc (Hons) degree in financial economics from the University of London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP Episode Income Pn
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.79%
Bid price12.51
Offer price12.58
Mid price-
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4FT
Data provided by

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