M&G AMERICAN A - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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-0.27%
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-0.09%
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0.34%
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-0.16%
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-0.76%
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-0.20%
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-0.19%
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0.03%
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40.9%
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40.5%
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84.4%
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|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Other funds managed
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Start Date |
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Jan 2005
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Sep 2002
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Aled Smith
 "Photo of Aled Smith")
Smith joined M&G in December 2000 as a fund manager on the Specialist Global Equity desk before being appointed head of equity research in September 2003. He left the post in December 2004 to concentrate on fund management full time and is now co-head of the global equity team. Prior to M&G he worked at JP Morgan for eight years, four of which were as a specialist senior analyst for the media sector. Before that he was an Actuarial Consultant for Coopers & Lybrand from 1989 to 1992. Smith graduated from Lincoln College, Oxford University, with a BA in Mathematics in 1989. In 1995 he successfully completed the CFA qualification. He was born on 03/06/1968.
Track record
Aled Smith has 7.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.03%.
During the worst period of relative performance (from April 2007 - January 2012) there was a decline of 12% relative to the index. The worst absolute loss has been 34%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 84%.
| Periods of worst performance |
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Absolute
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-34%
(May 2007 - February 2009)
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Relative
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-12%
(April 2007 - January 2012)
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Sector record since
January 2005 (7 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach