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Contact details

ManagerGroupLogo
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)

info@mandg.co.uk

Fund managers

* Phil Cliff02-Apr-2012 to Present
 
view    
Stuart Rhodes»01-Apr-2012 to Present
John Weavers»01-Apr-2013 to Present
Richard Halle»18-Jul-2008 to 01-Apr-2012


Investment objectives

The Fund aims to deliver a dividend yield above the market average, by investing mainly in a range of European equities. The Fund aims to increase distributions over the long term whilst also maximising total return (the combination of income and growth of capital).

Key Information

Fund vs sector

  1y 3y
Position 10 / 13 11 / 13
Quartile 3 4

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 3 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 11.08 13.03
Alpha -2.11 -0.42
Beta 1.08 0.98
Sharpe 0.15 0.62
Info Ratio -0.55 -0.20
R2 0.93 0.94
Quartiles:   1  2  3  4   help with ratios
vs. Europe Including UK»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC +1.7+40.3+26.5+22.6+12.6-8.5-1.5
  EUROPE INCLUDING UK   +2.3+44.4+35.1+25.8+12.2-9.9+3.7
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G PAN EUROPEAN DIVIDEND I ACC GBP ACC 1319.70 (p) 29-Sep-2014 3.74 1.00% 0ZFG B74YXH4
pdf M&G PAN EUROPEAN DIVIDEND I INC GBP INC 1235.14 (p) 29-Sep-2014 3.85 1.00% 0ZFH B45BZT9
pdf M&G PAN EUROPEAN DIVIDEND R ACC GBP ACC 131.05 (p) 29-Sep-2014 3.75 1.24% 0ZFI B7J9DT6
pdf M&G PAN EUROPEAN DIVIDEND R INC GBP INC 122.83 (p) 29-Sep-2014 3.87 1.24% 0ZFJ B7R77Y5
pdf M&G PAN EUROPEAN DIVIDEND C GR ACC EUR ACC 14.88 (EUR) 29-Sep-2014 3.67 0.99% CCE9 B39R4J9
pdf M&G PAN EUROPEAN DIVIDEND C INC EUR INC 14.88 (EUR) 29-Sep-2014 3.67 n/a KJ1I BK6MBZ1
pdf M&G PAN EUROPEAN DIVIDEND C INC USD INC 9.86 (USD) 29-Sep-2014 3.85 n/a KJ1K BK6MC14
pdf M&G PAN EUROPEAN DIVIDEND C ACC USD ACC 9.86 (USD) 29-Sep-2014 3.74 n/a KJ1M BK6MC36
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G PAN EUROPEAN DIVIDEND A ACC GBP ACC 139.64 (p) 29-Sep-2014 3.77 1.74% CCE6 B39R4F5
pdf M&G PAN EUROPEAN DIVIDEND A INC GBP INC 114.19 (p) 29-Sep-2014 3.89 1.74% CCE7 B39R4G6
pdf M&G PAN EUROPEAN DIVIDEND A GR ACC EUR ACC 14.17 (EUR) 29-Sep-2014 3.70 1.75% CCE8 B39R4H7
pdf M&G PAN EUROPEAN DIVIDEND A INC EUR INC 13.40 (EUR) 29-Sep-2014 3.80 1.75% JD0E B955DL4
pdf M&G PAN EUROPEAN DIVIDEND A INC USD INC 9.85 (USD) 29-Sep-2014 3.89 n/a KJ1J BK6MC03
pdf M&G PAN EUROPEAN DIVIDEND A ACC USD ACC 9.85 (USD) 29-Sep-2014 3.77 n/a KJ1L BK6MC25

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£55.7m / $90.3m (31-Aug-14)
Savings plan Fund has Savings Plan Minimum: £ 10.0 Monthly Launch18-Jul-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
Multi-Managern/a
Indexn/a
Dividend policyFeb 01 (Final), Aug 01
Peer groups
Region Asset Class Investment Focus Sector
Europe Equity Mixed Europe Including UK
Largest holdings, 31-Aug-2014
Holding (%) Rank Fund factsheet Equity factsheet
REED ELSEVIER 4.13 1 - *
NORDEA BANK AB 4.05 2 - -
PRUDENTIAL PLC 4.01 3 - *
NOVARTIS AG 3.92 4 - -
ROCHE HLDG AG 3.49 5 - -
SANOFI 3.31 6 - -
BRITISH AMERICAN TOBACCO 3.23 7 - *
HSBC HLDGS 3.15 8 - *
HUGO BOSS AG 2.98 9 - -
SOLVAY S.A. 2.88 10 - -
Total35.15 
Regional weightings, 31-Aug-2014
Region(%)Rank 
UK39.731 39.73% UK
Switzerland11.612 11.61% Switzerland
Other10.683 10.68% Other
Germany9.774 9.77% Germany
France8.085 8.08% France
Netherlands6.016 6.01% Netherlands
Sweden5.147 5.14% Sweden
Finland4.888 4.88% Finland
Belgium2.889 2.88% Belgium
Cash and near cash1.2210 1.22% Cash and near cash
Total100.00 
Sector weightings, 31-Aug-2014
Sector(%)Rank 
Financials28.171 28.17% Financials
Consumer discretionary21.812 21.81% Consumer discretionary
Healthcare14.823 14.82% Healthcare
Materials12.894 12.89% Materials
Industrials9.905 9.90% Industrials
Consumer staples6.206 6.20% Consumer staples
Energy4.997 4.99% Energy
Cash and near cash1.228 1.22% Cash and near cash
Total100.00 

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.

 
 
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Asset allocation

UK Equities, 39.73%
39.7300% ofUK Equities
Swiss Equities, 11.61%
11.6100% ofSwiss Equities
International Equities, 10.68%
10.6800% ofInternational Equities
German Equities, 9.77%
9.7700% ofGerman Equities
French Equities, 8.08%
8.0800% ofFrench Equities
Dutch Equities, 6.01%
6.0100% ofDutch Equities
Swedish Equities, 5.14%
5.1400% ofSwedish Equities
Finnish Equities, 4.88%
4.8800% ofFinnish Equities
Belgian Equities, 2.88%
2.8800% ofBelgian Equities
Money Market, 1.22%
1.2200% ofMoney Market

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