Fact sheet: M&G Smaller Companies

Fund information
Fund name
M&G Smaller Companies I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Matthew Cablesince 01/03/2013
  • Garfield Kiffsince 31/05/2015
Fund objective
The fund invests in the shares of smaller UK companies, with the primary focus of achieving capital growth. It is a high-conviction portfolio of stocks where the fund manager believes good management can have the most impact on company earnings. The fund manager selects stocks based on their individual merits, focusing on company management, business growth opportunities and valuation of the shares, favouring trustworthy, diligent and understated management teams.
Benchmark
  • Numis Smaller Companies (ex ITs)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
0.7%
1 Year rank in sector
38/47
Sector
UT UK Smaller Companies
Yield
1.6%
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.
0.91%
Fund size
£367m (£396m 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.
82
Mid price
1717.69
Top in this sector
Fund name1 Year
Cavendish AIM22.7%
Jupiter UK Smaller Companies19%
The MI Discretionary Unit19%
TB Amati UK Sm Cos16.5%
Marlborough UK Micro Cap Gwth11.2%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK94.9%
    Money Market5.1%
  • Industrials26%
    Financials17.7%
    Technology17%
    Consumer Services12.9%
    Health Care7.6%
  • UK Equities94.9%
    Money Market5.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%1%4.5%0.7%12.6%90.2%
Sector1.4%1.1%4.5%4.3%20%93.5%
Rank within sector8 / 4825 / 4828 / 4838 / 4738 / 4636 / 44
Quartile1st3rd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.4%17.2%-8.2%39.5%26.4%
Sector3.4%14.2%-1.9%37.4%22.5%
Rank within sector32 / 4724 / 4745 / 4620 / 4520 / 44
Quartile3rd3rd4th2nd2nd
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.
-3.1
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.
1.05
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.
0.03
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%.
11.68
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.
4.43
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.
-0.65
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.
0.86
Price movement
52 week high1760.39
52 week low1423.15
Current bid price-
Current offer price-
Current mid price1717.69
Region
1UK94.93%
2Money Market5.07%
Industry sector
1Industrials25.99%
2Financials17.65%
3Technology16.95%
4Consumer Services12.94%
5Health Care7.62%
6Consumer Goods6.16%
7Basic Materials6.01%
8Money Market5.07%
9Oil & Gas1.61%
Asset type
1UK Equities94.93%
2Money Market5.07%
Individual holdings
1RESTORE PLC2.56%
2SYNTHOMER PLC2.44%
3DECHRA PHARMACEUTICALS2.43%
4FISHER(JAMES)& SONS PLC2.4%
5LANCASHIRE HLDGS2.33%
6MICRO FOCUS INTERNATIONAL2.19%
7ACCESSO TECHNOLOGY GRP PLC2.16%
8ASCENTIAL PLC2.16%
9WILMINGTON PLC2.11%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests in the shares of smaller UK companies, with the primary focus of achieving capital growth. It is a high-conviction portfolio of stocks where the fund manager believes good management can have the most impact on company earnings. The fund manager selects stocks based on their individual merits, focusing on company management, business growth opportunities and valuation of the shares, favouring trustworthy, diligent and understated management teams.
Benchmark
  • Numis Smaller Companies (ex ITs)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Cable01/03/2013Matthew Cable was appointed deputy fund manager of the M&G Smaller Companies Fund in March 2013. He joined M&G in 2007 and worked in several strategic and commercial roles before becoming a dedicated analyst in the smaller companies team in 2011. Matthew has a degree in natural sciences from Cambridge University and is a CFA charterholder.
Garfield Kiff31/05/2015Garfield Kiff is manager of the M&G Smaller Companies Fund and co-deputy manager of the M&G UK Select Fund. He joined M&G in 2000 from PricewaterhouseCoopers as a smaller companies analyst. He was deputy manager of the M&G Recovery Fund from 2002 until 2008, and managed the Prudential Pooled Pensions Smaller Companies Fund between 2003 and 2008. Garfield graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
M&G Smaller Companies A Acc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price730.23
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG54
M&G Smaller Companies A Inc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price297.85
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG23
M&G Smaller Companies I Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1717.69
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZFS
M&G Smaller Companies I Inc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1620.36
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZFT
M&G Smaller Companies R Acc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price169.85
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZFU
M&G Smaller Companies R Inc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price161.85
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZFV
M&G Smaller Companies X Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price721.59
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY08
M&G Smaller Companies X Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price297.71
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY07
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.