Fact sheet: M&G Pan European Div

Fund information
Fund name
M&G Pan European Dividend I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Sam Fordsince 01/02/2015
  • Phil Cliffsince 01/04/2012
Fund objective
The fund invests in the shares of European companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising its long-term total return (the combination of income and growth of capital). 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
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6.6%
1 Year rank in sector
11/13
Sector
UT Europe Including UK
Yield
2.9%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.94%
Fund size
£104m (£76m 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.
94
Mid price
1587.98
Top in this sector
Fund name1 Year
M&G Eurpn Strat Value15.5%
M&G Pan European Select13%
Blackrock Inst Eq Cont Eur11.6%
Fidelity Pan European11.4%
GAM European Gth & Val9.3%
...more in UT Europe Including UK

Performance snapshot

Holdings snapshot

  • UK29.1%
    Sweden10.2%
    Finland9%
    Netherlands7.2%
    Germany6.6%
  • Industrials22.3%
    Financials20.3%
    Consumer Discretionary12.7%
    Health Care11.4%
    Consumer Staples9.3%
  • UK Equities29.1%
    Swedish Equities10.2%
    Finnish Equities9%
    Dutch Equities7.2%
    German Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-2.4%4.8%6.6%22.3%63.3%
Sector-1.3%-1.9%5%7.4%15.7%58.5%
Rank within sector12 / 159 / 1510 / 1411 / 132 / 128 / 11
Quartile4th3rd3rd4th1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.5%12.4%-0.7%23.8%12.7%
Sector6.2%7.7%-2.3%25.5%15.3%
Rank within sector8 / 134 / 137 / 129 / 1110 / 11
Quartile3rd2nd3rd4th4th
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.
0.47
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.
1.08
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.
0.26
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%.
11.12
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.
2.86
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.
0.94
Price movement
52 week high1723.76
52 week low1325.62
Current bid price-
Current offer price-
Current mid price1587.98
Region
1UK29.14%
2Sweden10.21%
3Finland9.05%
4Netherlands7.21%
5Germany6.64%
6Denmark6.07%
7Money Market5.1%
8Italy4.9%
9Luxembourg4.38%
Industry sector
1Industrials22.3%
2Financials20.29%
3Consumer Discretionary12.73%
4Health Care11.38%
5Consumer Staples9.34%
6Materials8.14%
7Information Technology5.58%
8Money Market5.1%
9Energy2.95%
Asset type
1UK Equities29.14%
2Swedish Equities10.21%
3Finnish Equities9.05%
4Dutch Equities7.21%
5German Equities6.64%
6Danish Equities6.07%
7Money Market5.1%
8Italian Equities4.9%
9Luxembourg Equities4.38%
Individual holdings
1RELX NV4.82%
2SES AS TLMACE4.38%
3SAMPO CORP4.36%
4BANCA IFIS3.8%
5NORDEA BANK AB3.68%
6VOLVO(AB)3.53%
7BRITISH AMERICAN TOBACCO3.4%
8GLAXOSMITHKLINE3.2%
9NOVARTIS AG3.17%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests in the shares of European companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising its long-term total return (the combination of income and growth of capital). 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
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sam Ford01/02/2015Sam Ford was appointed deputy manager of the M&G Pan European Dividend Fund, M&G Dividend Fund and M&G Extra Income Fund in February 2015. Sam initially joined M&G in 2014 as a dedicated analyst to the Income team. Prior to M&G, Sam worked at Alliance Trust, most recently as an investment manager with the Global Equities team. Sam graduated from the University of Strathclyde with a masters degree (merit) in chemical & process engineering and is a CFA charterholder.
Phil Cliff01/04/2012Phil Cliff joined M&G in January 2012 and was appointed fund manager of the M&G Pan European Dividend Fund in April 2012. He also became fund manager of the M&G Dividend Fund in July 2013.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden
M&G Pan European Dividend A Acc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price165.29
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCE6
M&G Pan European Dividend A Acc USD
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price9.1608
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKJ1L
M&G Pan European Dividend A Gr Acc EUR
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price15.5706
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCE8
M&G Pan European Dividend A Inc EUR
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price13.6191
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJD0E
M&G Pan European Dividend A Inc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price125.02
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCCE7
M&G Pan European Dividend A Inc USD
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price8.4779
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKJ1J
M&G Pan European Dividend B Acc EUR
Initial charge1.25%
Annual charge2%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price9.7933
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN0PQ
M&G Pan European Dividend B Inc EUR
Initial charge1.25%
Annual charge2%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price9.6804
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN0PP
M&G Pan European Dividend C Acc USD
Initial charge1.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price9.3256
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKJ1M
M&G Pan European Dividend C Gr Acc EUR
Initial charge1.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price16.6051
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCE9
M&G Pan European Dividend C Inc EUR
Initial charge1.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price15.3744
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ1I
M&G Pan European Dividend C Inc USD
Initial charge1.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price8.6333
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ1K
M&G Pan European Dividend I Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price1587.98
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZFG
M&G Pan European Dividend I Inc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price1375.41
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZFH
M&G Pan European Dividend R Acc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price156.75
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZFI
M&G Pan European Dividend R Inc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price136
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZFJ
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