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M&G PAN EUROPEAN X - Fund overview

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Overview of M&G PAN EUROPEAN X

This is a lower risk fund investing on a Pan-European basis. Geographic and sector bets are never likely to steer too far from the benchmark and this largely explains the fund's dull performance in recent years.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  Europe Including UK
Product type  OEIC
Launched  October, 2002
Size  £172m
Yield 3.0%
Charging basis  –
Dividends paid  30/4, 31/10.
Bid price(inc) 127.97p
Bid price(acc) 225.37p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.69%
Reduction in yield (10yr) 1.69%

Bestinvest says


No information available.

Portfolio

m&g pan european x asset allocation illustration
Allocation Proportion
Equity 96%
High yield bonds
Quality bonds 0%
Property 0%
Commodities
Hedge
Fund cash 4%
m&g pan european x equity geographic illustration
Allocation Proportion
UK 18%
Europe 82%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
m&g pan european x equity capitalisation illustration
Allocation Proportion
Large Caps 52%
Mid Caps 43%
Small Caps 5%

Investment process


The fund invests in European (including UK) companies with the objective of maximising long term total return (the combination of income and growth of capital). The fund has a disciplined approach targeting those companies that have strong business franchises, competitive and are growing at least as fast as GDP.
The manager will also invest in high quality recovery ideas.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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