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
OIC
Fund manager
Andrew Gibbs
since 01/12/1996
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

Quick stats

1 Year return

40.38 %

1 Year rank in sector

5/12

Sector

UT European Smaller Companies

Yield

1.0708

Fund size

£ 148.9 m

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    20.191%
  • Germany
    20.0799%
  • Switzerland
    13.0052%
  • France
    6.8852%
  • Spain
    6.5442%
  • Industrials
    36.7864%
  • Consumer Goods
    13.0036%
  • Financials
    11.9227%
  • Technology
    11.3777%
  • Consumer Services
    9.4443%
  • UK Equities
    20.191%
  • German Equities
    20.0799%
  • Swiss Equities
    13.0052%
  • French Equities
    6.8852%
  • Spanish Equities
    6.5442%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.29 %20.85 %40.38 %53.03 %139.77 %
Sector3.49 %22.41 %40.49 %58.83 %152.24 %
Rank within sector7 / 1210 / 125 / 129 / 119 / 11
Quartile th3 rd4 th2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund18.19 %19.75 %20.2 %-6.74 %28.48 %
Sector19.81 %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

Alpha0.39
Beta0.96
Sharpe0.96
Volatility11.31
Tracking error3.72
Information ratio-0.04
R-Squared0.89

Price movement

52 week high2376.43
52 week low1662.1
Current bid price0
Current offer price0
Current mid price2369.22

Holdings by region

  • 20.191% UK
  • 20.0799% Germany
  • 13.0052% Switzerland
  • 6.8852% France
  • 6.5442% Spain
  • 6.0288% Sweden
  • 5.3544% Ireland
  • 3.1489% Denmark
  • 3.1064% Austria
  • 3.0439% Money Market

Holdings by sector

  • 36.7864% Industrials
  • 13.0036% Consumer Goods
  • 11.9227% Financials
  • 11.3777% Technology
  • 9.4443% Consumer Services
  • 8.4107% Health Care
  • 3.9899% Oil & Gas
  • 3.0439% Money Market
  • 2.0206% Basic Materials

Holdings by asset type

  • 20.191% UK Equities
  • 20.0799% German Equities
  • 13.0052% Swiss Equities
  • 6.8852% French Equities
  • 6.5442% Spanish Equities
  • 6.0288% Swedish Equities
  • 5.3544% Irish Equities
  • 3.1489% Danish Equities
  • 3.1064% Austrian Equities
  • 3.0439% Money Market

Individual holdings

  • 3.42% LEIFHEIT AG
  • 3.41% WH SMITH PLC
  • 3.36% FINTECH GLOBAL INC
  • 2.93% JARDINE LLOYD THOMPSON GROUP
  • 2.91% DISTRIBUCION INTEGRAL LOGISTA HOL
  • 2.71% CRITEO S.A
  • 2.66% CTS EVENTIM AG & CO KGAA
  • 2.63% OC OERLIKON CORP AG
  • 2.55% THULE GROUP AB
  • 2.46% INDIVIOR PLC