Your Basket
Your Basket
There are no funds in your basket. To add funds to your basket use the Green Plus Icon wherever you see it next to a fund.
Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
Close Basket Open basket




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table

Are you preparing your portfolio for the possibility of Scottish independence?



You are here: Factsheet

Contact details

M&G Group, Laurence Pountney Hill, London, EC4R 0HH
0800 328 3196 (Dealing)
20 7626 4588 (Enquiries)
0870 043 4200 (Fax Number)
0800 328 3191 (IFA Support)
0800 390 390 (Main Number)

Fund managers

* Richard Halle01-Feb-2008 to Present
Daniel White»01-Feb-2008 to Present

Investment objectives

The Fund aims to maximise long term total return (the combination of income and growth of capital) to investors by investing predominantly in undervalued European equities.

Key Information

Fund vs sector

  1y 3y
Position 2 / 13 8 / 13
Quartile 1 3

Fund ratings

n/aS&P Rating
FE Crown Rating: 2 FE Crown Rating


  1y 3y
Volatility 11.25 15.30
Alpha 3.99 0.25
Beta 1.08 1.02
Sharpe 0.36 0.30
Info Ratio 2.27 0.11
R2 0.98 0.95
Quartiles:   1  2  3  4   help with ratios
vs. Europe Including UK»
performance chart
ACC +7.3+45.7+47.5+27.5+6.5-1.1+2.3
  EUROPE INCLUDING UK   +4.4+47.5+52.5+26.7+11.5-2.3+5.8
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G EUROPEAN STRATEGIC VALUE R ACC GBP ACC 143.75 (p) 22-Aug-2014 1.62 1.17% 0ZDJ B3ZW2R2
pdf M&G EUROPEAN STRATEGIC VALUE R INC GBP INC 141.07 (p) 22-Aug-2014 1.59 1.17% 0ZDK B5VKHM4
pdf M&G EUROPEAN STRATEGIC VALUE I INC GBP INC 129.25 (p) 22-Aug-2014 1.86 0.94% B1O7 B28XT41
pdf M&G EUROPEAN STRATEGIC VALUE I ACC GBP ACC 150.87 (p) 22-Aug-2014 1.82 0.94% B1O8 B28XT30
pdf M&G EUROPEAN STRATEGIC VALUE C GR ACC EUR ACC 14.10 (EUR) 22-Aug-2014 1.78 0.92% B1O9 B28XT63
pdf M&G EUROPEAN STRATEGIC VALUE C ACC USD ACC 10.25 (USD) 22-Aug-2014 1.82 n/a KJ2G BK6MCX6
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G EUROPEAN STRATEGIC VALUE A INC GBP INC 128.62 (p) 22-Aug-2014 1.15 1.69% B1O4 B28XT29
pdf M&G EUROPEAN STRATEGIC VALUE A ACC GBP ACC 142.37 (p) 22-Aug-2014 1.15 1.69% B1O5 B28XT18
pdf M&G EUROPEAN STRATEGIC VALUE A GR ACC EUR ACC 13.31 (EUR) 22-Aug-2014 1.11 1.69% B1O6 B28XT52
pdf M&G EUROPEAN STRATEGIC VALUE A ACC USD ACC 10.25 (USD) 22-Aug-2014 1.15 n/a KJ2F BK6MCW5

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£852.2m / $1,411.9m (31-Jul-14)
Savings plan Fund has Savings Plan Minimum: £ 10.0 Monthly Launch01-Feb-2008
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 500
Minimum additional£ 100
Initial charge4.00%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryNational Westminster Bank plc
RegistrarInternational Financial Data Services (UK) Ltd
Dividend policyFeb 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
Europe Equity Mixed Europe Including UK
Largest holdings, 31-Jul-2014
Holding (%) Rank Fund factsheet Equity factsheet
NOVARTIS AG 4.06 1 - -
BP 3.62 2 - *
SANOFI 3.41 3 - -
TOTAL SA 3.13 4 - *
VIVENDI 2.95 5 - -
BAYER AG 2.20 8 - -
VODAFONE GROUP 2.09 10 - -
Regional weightings, 31-Jul-2014
UK21.311 21.31% UK
Germany17.512 17.51% Germany
France17.023 17.02% France
Money Market8.584 8.58% Money Market
Others8.375 8.37% Others
Netherlands8.066 8.06% Netherlands
Switzerland7.477 7.47% Switzerland
Sweden4.988 4.98% Sweden
Finland4.429 4.42% Finland
Norway2.2810 2.28% Norway
Sector weightings, 31-Jul-2014
Financials22.261 22.26% Financials
Health Care14.782 14.78% Health Care
Energy13.373 13.37% Energy
Telecommunications9.984 9.98% Telecommunications
Consumer Discretionary9.485 9.48% Consumer Discretionary
Cash & Cash Equivalents8.586 8.58% Cash & Cash Equivalents
Industrials6.467 6.46% Industrials
Consumer Staples5.298 5.29% Consumer Staples
Materials4.399 4.39% Materials
Information Technology3.5310 3.53% Information Technology
Utilities1.8811 1.88% Utilities

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

Sign up for email alerts
Stay upto date on the latest fund research from FE
subscribe Readers of this page also looked at:
Readers of this Factsheet have not looked at any others
Add your comment
Reload Change mode
Enter the words above:
Send comment
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend


Latest Fundswire  

Buy this fund here

You can now buy & sell funds and shares at our new sister-site at highly competitive rates

Asset allocation

UK Equities, 21.30%
21.3000% ofUK Equities
German Equities, 17.51%
17.5100% ofGerman Equities
French Equities, 17.02%
17.0200% ofFrench Equities
Money Market, 8.58%
8.5800% ofMoney Market
International Equities, 8.38%
8.3800% ofInternational Equities
Dutch Equities, 8.06%
8.0600% ofDutch Equities
Swiss Equities, 7.47%
7.4700% ofSwiss Equities
Swedish Equities, 4.98%
4.9800% ofSwedish Equities
Finnish Equities, 4.42%
4.4200% ofFinnish Equities
Norwegian Equities, 2.28%
2.2800% ofNorwegian Equities

FE Adviser Fund Index

Sector analysis


FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio
  • Stay connected with FE trustnet
  • Authorised and Regulated by the
    Financial Conduct Authority
  • © Trustnet Limited . All Rights Reserved.
  • Please read our Terms of Use / Disclaimer
    and Privacy and Cookie Policy.
  • Data supplied in conjunction with Thomson Financial Limited,
    London Stock Exchange Plc,