Fact sheet: MetLife Bcmk M&G Gbl Growth Pn

Fund information
Fund name
MetLife Benchmark M&G Global Growth Pn Gr
Fund manager company
MetLife
Fund type
Pension Fund
Fund managers
  • John William Olsensince 01/07/2014
  • Kasper Mikkelsensince 11/07/2016
Underlying fund
M&G Global Select
Fund objective
The fund aims to deliver capital growth and income over the long term (five years or more) by investing at least 70% of the portfolio in a range of company shares from across the world. The fund is a concentrated portfolio of between 30 and 40 holdings. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-2.4%
1 Year rank in sector
999/1001
Sector
PN Global Equities
Yield
-
Fund size
£0m
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.
68
Bid price
163.2232
Offer price
163.2232
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn47%
Baillie Gifford Lng Tm Gbl Gth Pn43.1%
Zurich BailGfrd LgTrmGblGth42.8%
Stan Life BGiff LgTmGlGtOEICPn41.7%
FL Baillie Giff LT Gbl Gth Pn39.4%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA60.4%
    UK10.1%
    Germany6.2%
    Netherlands5.5%
    Switzerland4.4%
  • Financials24.1%
    Health Care23%
    Industrials13%
    Information Technology13%
    Consumer Discretionary11.6%
  • US Equities60.4%
    UK Equities10.1%
    German Equities6.2%
    Dutch Equities5.5%
    Swiss Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund----2.4%14.4%43.4%
Sector0.3%3.8%5.7%25.2%43.3%82.2%
Rank within sector521 / 10511031 / 10501018 / 1030999 / 1001859 / 865748 / 773
Quartile2nd4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund--0.1%6.1%6.2%17.6%
Sector4.5%22.4%3.7%7.8%21.4%
Rank within sector1018 / 1035955 / 957222 / 915503 / 846695 / 818
Quartile4th4th1st3rd4th
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.
-4.01
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.
0.73
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.
0.15
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%.
9.41
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.
6.34
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.
-1.12
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.
0.59
Price movement
52 week high167.3
52 week low160.14
Current bid price163.22
Current offer price163.22
Current mid price-
Region
1USA60.39%
2UK10.13%
3Germany6.16%
4Netherlands5.49%
5Switzerland4.38%
6Denmark4.28%
7Japan3.67%
8Israel2.13%
9France1.93%
Industry sector
1Financials24.06%
2Health Care23.04%
3Industrials13.04%
4Information Technology12.96%
5Consumer Discretionary11.57%
6Consumer Staples9.47%
7Materials2.3%
8Energy2.12%
9Money Market1.44%
Asset type
1US Equities60.39%
2UK Equities10.13%
3German Equities6.16%
4Dutch Equities5.49%
5Swiss Equities4.38%
6Danish Equities4.28%
7Japanese Equities3.67%
8Israeli Equities2.13%
9French Equities1.93%
Individual holdings
1UNITEDHEALTH GROUP INC6%
2BECTON DICKINSON & CO5.95%
3NESTLE SA4.38%
4NOVO-NORDISK AS4.28%
5WH SMITH PLC4.03%
6MICROSOFT CORP4%
7GRACO INC3.95%
8BANK OF NEW YORK MELLON CORP3.79%
9AMERICAN INTERNATIONAL GROUP INC3.75%
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
The fund aims to deliver capital growth and income over the long term (five years or more) by investing at least 70% of the portfolio in a range of company shares from across the world. The fund is a concentrated portfolio of between 30 and 40 holdings. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John William Olsen01/07/2014John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Select Fund and M&G Pan European Select Fund in July 2014. He was later appointed manager of the M&G European Select Fund and deputy manager of the M&G European Smaller Companies Fund in July 2016. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.
Kasper Mikkelsen11/07/2016Kasper Mikkelsen joined the M&G Equities team in July 2014 as a dedicated analyst working with John William Olsen. Kasper was previously at Danske Capital in Denmark for three years where, as an analyst, he worked closely with John William. Kasper holds a BSc in Economics and Business Administration, and an MSc in Finance and Accounting from Copenhagen Business School.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
MetLife Benchmark M&G Global Growth Pn Gr
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price163.2232
Offer price163.2232
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISK2
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