Fact sheet: M&G UK Select

Fund information
Fund name
M&G UK Select I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Mike Feltonsince 01/12/2012
  • Garfield Kiffsince 01/12/2012
  • Rory Alexandersince 18/01/2016
Fund objective
The fund invests principally in shares of UK-listed companies with the aim of achieving capital growth. A long-term view is taken, with the emphasis on finding undervalued companies with attractive growth prospects. The portfolio targets a total number of stock holdings of around 50. The relatively concentrated nature of the fund requires the manager to have strong conviction in each and every holding.
Benchmark
  • FTSE All Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
14.4%
1 Year rank in sector
213/277
Sector
UT UK All Companies
Yield
1.9%
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.
0.91%
Fund size
£570m (£712m 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.
99
Mid price
1466.77
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry81%
R&M UK Equity Long Term Recovery42%
UBS UK Opportunities41.7%
Schroder Recovery38.1%
R&M UK Equity High Alpha35.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK94.9%
    Money Market3%
    USA1.2%
    Canada0.9%
  • Financials17.9%
    Industrials17%
    Health Care14.4%
    Oil & Gas13.7%
    Consumer Services10.1%
  • UK Equities94.9%
    Money Market3%
    US Equities1.2%
    Canadian Equities0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2%8.4%14.4%10.2%48.8%
Sector1.7%3%9.3%20.2%15.4%61%
Rank within sector236 / 285164 / 283115 / 280213 / 277227 / 265202 / 251
Quartile4th3rd2nd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%6.5%2.3%2.4%23.8%
Sector1.1%11.2%3.7%0.6%25.7%
Rank within sector245 / 285214 / 277157 / 26979 / 264161 / 257
Quartile4th4th3rd2nd3rd
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.
-1.77
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.
0.02
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%.
10.71
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.
3.4
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.
-0.47
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.
0.9
Price movement
52 week high1501.79
52 week low1179.28
Current bid price-
Current offer price-
Current mid price1466.77
Region
1UK94.93%
2Money Market3.01%
3USA1.18%
4Canada0.88%
Industry sector
1Financials17.85%
2Industrials17%
3Health Care14.44%
4Oil & Gas13.73%
5Consumer Services10.1%
6Consumer Goods8.96%
7Basic Materials7.07%
8Technology4.73%
9Telecommunications3.11%
Asset type
1UK Equities94.93%
2Money Market3.01%
3US Equities1.18%
4Canadian Equities0.88%
Individual holdings
1BP9.16%
2BRITISH AMERICAN TOBACCO4.84%
3SMITH & NEPHEW AG4.39%
4LLOYDS BANKING GROUP PLC4.12%
5CRH3.88%
6PRUDENTIAL PLC3.88%
7VODAFONE GROUP3.11%
8MICRO FOCUS INTERNATIONAL2.92%
9ASTRAZENECA PLC2.89%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests principally in shares of UK-listed companies with the aim of achieving capital growth. A long-term view is taken, with the emphasis on finding undervalued companies with attractive growth prospects. The portfolio targets a total number of stock holdings of around 50. The relatively concentrated nature of the fund requires the manager to have strong conviction in each and every holding.
Benchmark
  • FTSE All Share Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mike Felton01/12/2012Mike Felton is manager of the M&G UK Select Fund. He joined M&G from Foreign & Colonial in 2005 as Head of UK Retail Equities and manager of the M&G UK Capital Fund, which later became the M&G UK Select Fund. Mike started his career as a trainee investment analyst with Sun Alliance Investment Management in 1989 and managed his first fund in 1994. He is a graduate in economics from De Montford University.
Garfield Kiff01/12/2012Garfield 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.
Rory Alexander18/01/2016Rory Alexander was appointed co-deputy fund manager of the M&G UK Select Fund in January 2016, having been an embedded research analyst with the UK Equities team since June 2015. He initially joined M&G as an analyst in the Equity Research team in 2008, and covered areas such as global transport, support services, media and consumer staples. Prior to joining M&G, Rory worked for St James's Place Partnership. He graduated from Bath University in 2008 with a BSc (Hons) in economics.
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, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Sweden
M&G UK Select A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price12.5955
CurrencyEUR
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0U5
M&G UK Select 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 price4111.2
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG36
M&G UK Select 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 price2733.45
CurrencyGBX
Price updated23/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG64
M&G UK Select C Acc EUR
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price13.5024
CurrencyEUR
Price updated23/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0U6
M&G UK Select 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 price1466.77
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZG0
M&G UK Select 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 price1334.68
CurrencyGBX
Price updated23/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZG1
M&G UK Select 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 price145
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZG2
M&G UK Select 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 price133.32
CurrencyGBX
Price updated23/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZG3
M&G UK Select 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 price4067.08
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY12
M&G UK Select 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 price2751.67
CurrencyGBX
Price updated23/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY11
Data provided by

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