Fact sheet: M&G European Smaller Cos

Fund information

Fund name
M&G European Smaller Companies I Acc GBP
Fund company manager
M&G UK
Fund type
OEIC
Fund manager(s)
John William Olsen
since 11/07/2016
Michael Oliveros
since 31/12/2015
Fund objective
The fund is at least 70% invested in the shares of smaller European companies, with the aim of generating capital growth over the long term (five years or more). The fund generally invests in fewer than 50 stocks, focusing primarily on companies that make up the bottom third of all publically listed firms in Europe, in terms of their stockmarket value. 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
Euromoney Smaller European Companies Index
Investment style
Growth
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

23.92 %

1 Year rank in sector

4/12

Sector

UT European Smaller Companies

Yield

0.8857

Fund size

£ 178.8 m

FE Risk score

103

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    22.33%
  • Germany
    21.46%
  • Switzerland
    11.96%
  • France
    7.11%
  • Sweden
    7.09%
  • Industrials
    33.33%
  • Consumer Services
    12.96%
  • Consumer Goods
    12.69%
  • Financials
    10.83%
  • Technology
    10.54%
  • UK Equities
    22.33%
  • German Equities
    21.46%
  • International Equities
    12.13%
  • Swiss Equities
    11.96%
  • French Equities
    7.11%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund3.57 %15.08 %23.92 %91.44 %127.05 %
Sector3.03 %17.96 %23.99 %94.72 %137.99 %
Rank within sector4 / 1210 / 124 / 128 / 119 / 11
Quartile th2 nd4 th2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund23.7 %19.75 %20.2 %-6.74 %28.48 %
Sector26.12 %16.64 %20.15 %-1.68 %32.4 %
Rank within sector9 / 123 / 128 / 1111 / 118 / 11
Quartile th3 rd1 st3 rd4 th3 rd

Risk statistics

Alpha1.17
Beta0.96
Sharpe1.65
Volatility10.28
Tracking error3.52
Information ratio0.12
R-Squared0.88

Price movement

52 week high2521.75
52 week low1879.27
Current bid price0
Current offer price0
Current mid price2479.75

Holdings by region

  • 22.33% UK
  • 21.46% Germany
  • 11.96% Switzerland
  • 7.11% France
  • 7.09% Sweden
  • 5.85% Ireland
  • 5.85% Spain
  • 3.16% Denmark
  • 3.07% Money Market
  • 2.55% Austria

Holdings by sector

  • 33.33% Industrials
  • 12.96% Consumer Services
  • 12.69% Consumer Goods
  • 10.83% Financials
  • 10.54% Technology
  • 8.96% Health Care
  • 4.14% Basic Materials
  • 3.48% Oil & Gas
  • 3.07% Money Market

Holdings by asset type

  • 22.33% UK Equities
  • 21.46% German Equities
  • 12.13% International Equities
  • 11.96% Swiss Equities
  • 7.11% French Equities
  • 7.09% Swedish Equities
  • 5.85% Irish Equities
  • 5.85% Spanish Equities
  • 3.16% Danish Equities
  • 3.07% Money Market

Individual holdings

  • 4.21% WH SMITH PLC
  • 3.34% LEIFHEIT AG
  • 3.04% FINTECH GLOBAL INC
  • 2.86% INDIVIOR PLC
  • 2.83% EQUINITI GROUP PLC
  • 2.76% ACADEMEDIA AB
  • 2.74% DEUTZ AG
  • 2.7% OC OERLIKON CORP AG
  • 2.64% LISI GROUP (HLDGS) LTD
  • 2.48% JARDINE LLOYD THOMPSON GROUP