Fact sheet: Pru M&GEurSelBd Pn

Fund information
Fund name
Pru M&G European Select Pn Acc (ex M&G)
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund managers
  • John William Olsensince 25/01/2011
  • Charles Annisssince 25/01/2011
Underlying fund
M&G European Select
Fund objective
The investment strategy of the fund is to purchase units in the M&G European Select Fund. That Fund’s prime objective is long term capital growth. It invests wholly or predominantly in a diversified portfolio of securities of European (excluding United Kingdom) issuers. When not wholly invested as above, it may also invest in companies which are listed or registered outside Europe but trade within it. Income is of secondary importance when investments are selected. The Fund may at any time be concentrated in a limited number of securities.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.7%
1 Year rank in sector
179/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£31m (£29m 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.
106
Bid price
1909.2
Offer price
2004.8
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn50.4%
Scot Eq Neptune Eur Opps Pn50.4%
SIP Neptune Eurpn Opps Pn50.1%
L&G Neptune European Opps Pn49.5%
RLP EurSpl(NeptuneEurpOpp)Pn49.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany31.9%
    Switzerland15.9%
    Denmark14.3%
    Sweden9.3%
    Netherlands9.3%
  • Industrials27.6%
    Consumer Goods22.3%
    Health Care12.9%
    Financials12.8%
    Basic Materials12.3%
  • German Equities31.9%
    Swiss Equities15.9%
    Danish Equities14.3%
    Swedish Equities9.3%
    Dutch Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%8.3%4.3%24.7%25.8%60.4%
Sector0.2%8.3%6.5%24.2%26.3%71.6%
Rank within sector212 / 372200 / 371258 / 369179 / 360162 / 342253 / 315
Quartile3rd3rd3rd2nd2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund1.1%16%9.8%-1.7%21.7%
Sector1.5%15.8%9.4%-0.2%25.6%
Rank within sector223 / 371197 / 360132 / 354263 / 342262 / 330
Quartile3rd3rd2nd4th4th
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.
0.72
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.
0.58
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%.
11.29
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.
2.76
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.
0.11
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 high1948
52 week low1555.9
Current bid price1909.2
Current offer price2004.8
Current mid price-
Region
1Germany31.92%
2Switzerland15.85%
3Denmark14.32%
4Sweden9.3%
5Netherlands9.29%
6Spain5.78%
7Norway3.54%
8France3.3%
9Italy2.18%
Industry sector
1Industrials27.64%
2Consumer Goods22.34%
3Health Care12.88%
4Financials12.8%
5Basic Materials12.29%
6Technology5.3%
7Oil & Gas3.54%
8Consumer Services2.2%
9Money Market1.02%
Asset type
1German Equities31.92%
2Swiss Equities15.85%
3Danish Equities14.32%
4Swedish Equities9.3%
5Dutch Equities9.29%
6Spanish Equities5.78%
7Norwegian Equities3.54%
8French Equities3.3%
9Italian Equities2.18%
Individual holdings
1SAP SE5.3%
2ING GROEP N.V.5.01%
3NESTLE SA4.5%
4AMADEUS IT GROUP SA4.47%
5NOVO-NORDISK AS4.45%
6UNILEVER4.28%
7DSV4.13%
8NOVARTIS AG4.07%
9BAYER AG3.92%
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 European Select Fund. That Fund’s prime objective is long term capital growth. It invests wholly or predominantly in a diversified portfolio of securities of European (excluding United Kingdom) issuers. When not wholly invested as above, it may also invest in companies which are listed or registered outside Europe but trade within it. Income is of secondary importance when investments are selected. The Fund may at any time be concentrated in a limited number of securities.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
John William Olsen25/01/2011John 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.
Charles Anniss25/01/2011Charles Anniss joined M&G in 2000 as a member of the investment communications team and became an analyst on the equities team in 2003, focusing on European smaller companies. In July 2014, he took sole responsibility for the M&G European Fund, having co-managed the fund since January 2011. In July 2015 he became co-manager of the M&G European Smaller Companies Fund, on which he had previously been sole manager since 2006. He is also deputy manager of the M&G Global Growth Fund and the M&G Pan European Fund. Charles graduated with a degree in French and Spanish from Bristol University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru M&G European 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)1.04%
Bid price1909.2
Offer price2004.8
Mid price-
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMA51
Pru M&G European 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)1.04%
Bid price392.5
Offer price412.2
Mid price-
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMA55
Data provided by

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