Fact sheet: M&G European Select

Fund information

Fund name
M&G European Select I Acc GBP
Fund company manager
M&G UK
Fund type
OIC
Fund manager
David Walton
since 01/01/1998
Fund objective
The fund is at least 80% invested in the shares of European companies, excluding the UK, with the aim of growing capital over the long term (five years or more). The fund is a concentrated portfolio of between 35 and 45 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
FTSE World Europe EX UK
Investment style
Concentrated,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

36.32 %

1 Year rank in sector

57/98

Sector

UT Europe Excluding UK

Yield

1.3347

Fund size

£ 133.2 m

FE Risk score

111

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    31.252%
  • Switzerland
    16.0977%
  • Denmark
    14.9066%
  • Netherlands
    10.4755%
  • Sweden
    8.1714%
  • Industrials
    29.9534%
  • Consumer Goods
    19.1373%
  • Basic Materials
    13.3369%
  • Financials
    12.6515%
  • Health Care
    12.1371%
  • German Equities
    31.252%
  • Swiss Equities
    16.0977%
  • Danish Equities
    14.9066%
  • Dutch Equities
    10.4755%
  • Swedish Equities
    8.1714%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.22 %16.88 %36.08 %41.17 %107.11 %
Sector2.65 %16.8 %36.76 %40.91 %118.83 %
Rank within sector31 / 10349 / 10057 / 9841 / 8763 / 78
Quartile th2 nd2 nd3 rd2 nd4 th

Calendar performance

YTD-20172016201520142013
Fund15.44 %16.18 %9.92 %-1.56 %21.91 %
Sector15.19 %16.44 %9.09 %-0.66 %27.26 %
Rank within sector45 / 10157 / 9744 / 9058 / 8669 / 79
Quartile th2 nd3 rd2 nd3 rd4 th

Risk statistics

Alpha-0.62
Beta1.02
Sharpe0.65
Volatility11.48
Tracking error2.17
Information ratio-0.22
R-Squared0.96

Price movement

52 week high1993.44
52 week low1447.14
Current bid price0
Current offer price0
Current mid price1980.37

Holdings by region

  • 31.252% Germany
  • 16.0977% Switzerland
  • 14.9066% Denmark
  • 10.4755% Netherlands
  • 8.1714% Sweden
  • 5.4183% Spain
  • 3.4134% France
  • 3.221% Norway
  • 2.5062% Italy
  • 2.3043% Austria

Holdings by sector

  • 29.9534% Industrials
  • 19.1373% Consumer Goods
  • 13.3369% Basic Materials
  • 12.6515% Financials
  • 12.1371% Health Care
  • 5.9718% Technology
  • 3.221% Oil & Gas
  • 2.911% Consumer Services
  • 0.6799% Money Market

Holdings by asset type

  • 31.252% German Equities
  • 16.0977% Swiss Equities
  • 14.9066% Danish Equities
  • 10.4755% Dutch Equities
  • 8.1714% Swedish Equities
  • 5.4183% Spanish Equities
  • 3.4134% French Equities
  • 3.221% Norwegian Equities
  • 2.5062% Italian Equities
  • 2.3043% Austrian Equities

Individual holdings

  • 5.97% SAP SE
  • 5.84% UNILEVER
  • 5.42% AMADEUS IT GROUP SA
  • 5.06% NOVO-NORDISK AS
  • 4.98% DSV
  • 4.64% ING GROEP N.V.
  • 4.56% LINDE AG
  • 4.52% NESTLE SA
  • 4.37% NOVARTIS AG
  • 3.79% BAYER AG