Fact sheet: Pru M&G Gbl Sel Pn

Fund information
Fund name
Pru M&G Global Select Pn Acc (ex M&G)
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund manager
  • John William Olsensince 31/05/2007
Underlying fund
M&G Global Select
Fund objective
The investment strategy of the fund is to purchase units in the M&G Global Select Fund. That fund aims to maximise long-term total return (the combination of capital growth and income) by investing mainly in a wide range of global equities. The Fund will invest globally (including in the UK) in the equities of companies across a wide range of geographies, sectors and market capitalisations. Income is of secondary importance to capital growth when investments are selected. The Fund may at any time be concentrated in a limited number of equities.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.5%
1 Year rank in sector
174/961
Sector
PN Global Equities
Yield
-
Fund size
£13m (£12m 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.
96
Bid price
1626.2
Offer price
1707.6
Top in this sector
Fund name1 Year
LV= M&G Global Div Pn32.3%
OMW IPL M&G Global Dividend Pn32.3%
AXA Wealth Sch ISF Gbl Recv Pn32.2%
Stan Life M&G Global Dividend Pn31.7%
Aviva M&G Global Div Pn31.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA61.2%
    UK11.6%
    Germany6.3%
    Japan4.6%
    Switzerland4.4%
  • Financials24.8%
    Health Care23.6%
    Consumer Discretionary14.8%
    Information Technology13.9%
    Industrials8.9%
  • US Equities61.2%
    UK Equities11.6%
    German Equities6.3%
    Japanese Equities4.6%
    Swiss Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%4.2%16.7%23.5%36.8%80.1%
Sector-0.1%1.5%13.3%17.2%33%74.2%
Rank within sector33 / 1039138 / 1035247 / 1025174 / 961313 / 849333 / 751
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund21.4%5.5%5.6%17.8%13.9%
Sector16.3%3.7%7.8%21.4%11.2%
Rank within sector204 / 963267 / 921549 / 849689 / 820160 / 752
Quartile1st2nd3rd4th1st
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.
1.88
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.
0.96
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.
0.76
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%.
10.52
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.
4.18
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.
0.33
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.
0.84
Price movement
52 week high1665.2
52 week low1201.9
Current bid price1626.2
Current offer price1707.6
Current mid price-
Region
1USA61.15%
2UK11.62%
3Germany6.28%
4Japan4.63%
5Switzerland4.45%
6Israel3.05%
7Denmark2.97%
8Netherlands2.31%
9France1.9%
Industry sector
1Financials24.75%
2Health Care23.62%
3Consumer Discretionary14.77%
4Information Technology13.85%
5Industrials8.89%
6Consumer Staples8.7%
7Materials1.94%
8Energy1.82%
9Money Market1.66%
Asset type
1US Equities61.15%
2UK Equities11.62%
3German Equities6.28%
4Japanese Equities4.63%
5Swiss Equities4.45%
6Israeli Equities3.05%
7Danish Equities2.97%
8Dutch Equities2.31%
9French Equities1.9%
Individual holdings
1UNITEDHEALTH GROUP INC6.49%
2BECTON DICKINSON & CO5.86%
3TOKIO MARINE HLDGS INC4.63%
4NESTLE SA4.45%
5MICROSOFT CORP4.41%
6AMERICAN INTERNATIONAL GROUP INC3.98%
7BANK OF NEW YORK MELLON CORP3.74%
8ALPHABET INC3.66%
9GRACO INC3.38%
Management
Fund manager group
Prudential
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the M&G Global Select Fund. That fund aims to maximise long-term total return (the combination of capital growth and income) by investing mainly in a wide range of global equities. The Fund will invest globally (including in the UK) in the equities of companies across a wide range of geographies, sectors and market capitalisations. Income is of secondary importance to capital growth when investments are selected. The Fund may at any time be concentrated in a limited number of equities.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
John William Olsen31/05/2007John 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru M&G Global Select Pn Acc (ex M&G)
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price1626.2
Offer price1707.6
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG25
Pru M&G Global Select Pn Cap (ex M&G)
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price337.4
Offer price354.4
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMA31
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.