Fact sheet: M&G PP North American Pn

Fund information
Fund name
M&G PP North American Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund manager
  • Richard Brodysince 10/06/1997
No data available.
Fund objective
To invest in shares of North American companies with a bias towards US companies. It is actively managed from our Chicago office against its performance benchmark of the FTSE W North America Index.The fund’s prudent approach is reflected in the well diversified portfolio.
Benchmark
  • FTSE World N America
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
34.8%
1 Year rank in sector
40/309
Sector
PN North America
Yield
-
Fund size
£301m (£246m 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.
107
Bid price
39.45
Offer price
39.5
Top in this sector
Fund name1 Year
BlackRock Aq Lf Canadn EqIdx Pn46.5%
Canlife North American Pn43.7%
FL Investec American AP42.9%
Zurich Investec American Pn41.9%
FL Investec American EP41.4%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America100%
  • Financials19.3%
    Technology16.9%
    Health Care15.4%
    Consumer Services12.6%
    Industrials10.5%
  • North American Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.4%11.7%26.3%34.8%67.7%144.7%
Sector4%8.6%21.7%27.3%60.1%118.6%
Rank within sector111 / 32133 / 32127 / 32040 / 30971 / 29625 / 269
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund34%3.2%19.5%31.3%10.4%
Sector26.6%4.4%18.7%29.2%7%
Rank within sector38 / 309205 / 304123 / 29678 / 28427 / 271
Quartile1st3rd2nd2nd1st
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.
5.23
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.
0.77
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.
1.47
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%.
10.14
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.
5.44
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.
0.29
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.
0.77
Price movement
52 week high39.28
52 week low26.75
Current bid price39.45
Current offer price39.5
Current mid price-
Region
1North America100%
Industry sector
1Financials19.3%
2Technology16.9%
3Health Care15.4%
4Consumer Services12.6%
5Industrials10.5%
6Oil & Gas9.5%
7Consumer Goods9.3%
8Telecommunications2.8%
9Basic Materials2.4%
Asset type
1North American Equities100%
Individual holdings
1APPLE INC3.3%
2MICROSOFT CORP3%
3JPMORGAN CHASE & CO2.2%
4JOHNSON & JOHNSON1.9%
5CISCO SYSTEMS INC1.8%
6GENERAL ELECTRIC CO.1.8%
7CHEVRON CORP1.7%
8PFIZER INC1.7%
9ALPHABET INC1.6%
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
To invest in shares of North American companies with a bias towards US companies. It is actively managed from our Chicago office against its performance benchmark of the FTSE W North America Index.The fund’s prudent approach is reflected in the well diversified portfolio.
Benchmark
  • FTSE World N America
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Richard Brody10/06/1997Richard Brody joined PPM America (M&G’s affiliated investment adviser in the US) in 1992 to found the company’s Public Equity Group. He is head of Equity Management and executive vice president of PPM America. Richard has nearly three decades of investment industry experience. Prior to joining PPM America, he was a senior member of the investment team at the Chicago group of Morgan Stanley Asset Management. Before that he worked at Hewitt Associates and also First National Bank of Chicago. Richard graduated in economics from the University of California, Los Angeles (UCLA) and holds an MBA in finance from the Wharton School at the University of Pennsylvania. He completed the CFA in 1982. Richard Brody leads a Chicago-based team that manages the M&G North American Value Fund.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP North American Pn
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price39.45
Offer price39.5
Mid price-
CurrencyGBP
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codePU21
Data provided by

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