Fact sheet: M&G PP North America Passive Pn

Fund information
Fund name
M&G PP North America Passive Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund manager
  • Richard O'Connorsince 01/02/2003
No data available.
Fund objective
The fund invest in shares of North American companies. It is passively managed tracking movements in its benchmark FTSE W North America Index. Tracking this Index is achieved by holding shares of the larger companies in the same proportions as in the Index plus a carefully modelled representative sample of the remainder of the companies in the Index.
Benchmark
  • FTSE World North America Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
28.2%
1 Year rank in sector
72/309
Sector
PN North America
Yield
-
Fund size
£77m (£77m 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.
105
Bid price
28.3
Offer price
28.35
Top in this sector
Fund name1 Year
Canlife North American Pn41%
L&G Investec American Pn37%
FL Investec American AP36.6%
OMW Investec American35.7%
Zurich Investec American Pn35.6%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America100%
  • Financials18.6%
    Technology16.8%
    Consumer Services12.6%
    Health Care12.6%
    Industrials11.4%
  • North American Equities100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%6.7%20.6%28.2%65.5%135%
Sector1.3%6.9%19.8%24.1%56.4%117.3%
Rank within sector88 / 321165 / 320143 / 32072 / 30952 / 29648 / 269
Quartile2nd3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund28.9%5.4%19.9%28.6%10.6%
Sector24.7%4.4%18.7%29.2%7%
Rank within sector60 / 309103 / 304112 / 296179 / 28423 / 271
Quartile1st2nd2nd3rd1st
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.
5.93
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.
0.75
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.
1.55
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%.
9.89
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.
5.52
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.
0.35
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.
0.76
Price movement
52 week high28.95
52 week low20.06
Current bid price28.3
Current offer price28.35
Current mid price-
Region
1North America100%
Industry sector
1Financials18.6%
2Technology16.8%
3Consumer Services12.6%
4Health Care12.6%
5Industrials11.4%
6Consumer Goods10.1%
7Oil & Gas7.6%
8Utilities3.1%
9Telecommunications2.7%
Asset type
1North American Equities100%
Individual holdings
1APPLE INC2.9%
2MICROSOFT CORP2.1%
3EXXON MOBIL CORP1.7%
4JOHNSON & JOHNSON1.6%
5AMAZON.COM INC1.5%
6FACEBOOK INC1.3%
7GENERAL ELECTRIC CO.1.3%
8AT&T INC1.2%
9JPMORGAN CHASE & CO1.2%
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
The fund invest in shares of North American companies. It is passively managed tracking movements in its benchmark FTSE W North America Index. Tracking this Index is achieved by holding shares of the larger companies in the same proportions as in the Index plus a carefully modelled representative sample of the remainder of the companies in the Index.
Benchmark
  • FTSE World North America Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Richard O'Connor01/02/2003Richard 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
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP North America Passive Pn
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price28.3
Offer price28.35
Mid price-
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codePU22
Data provided by

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