020 7189 9999 Mon - Fri: 7.45am to 6pm (Thurs 8pm)
Sat: 9.30am - 1.30pm
  •  
No Bestinvest rating
M&G EPISODE INCOME A

M&G EPISODE INCOME A - Overview

Overview of M&G EPISODE INCOME A

Bestinvest research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. M&G EPISODE INCOME A does not fall into either of these categories at present.

  • Standard Initial Charge 4.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector Mixed Investment 20-60% Shares
Structure OEIC
Launched November, 2010
Size £614m
Yield 3.7%
Charging basis Capital
Dividends paid Last day of each month

Charges

Standard initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.35%
Ongoing charges figure 1.53%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 41
High yield bonds 0
Quality bonds 50
Property 5
Commodities 0
Hedge 0
Fund cash 4
Allocation Proportion(%)
UK 28
Europe 2
North America 43
Japan 5
Pacific 13
Other Equity 0
Allocation Proportion(%)
Large Caps 71
Mid Caps 24
Small Caps 5

View all performance data for this fund

Investment process

The Fund’s aim is to generate a high and rising level of income over time through investment in a diversified range of assets. Subject to this the Fund aims to provide capital growth over the long term.

Live feed

Bid price(inc) 120.14p
Accum units 150.10p
Fund commentary
Fund data updated on 02/12/16

Asset allocation

Allocation Proportion(%)
Equity 41
High yield bonds 0
Quality bonds 50
Property 5
Commodities 0
Hedge 0
Fund cash 4

Equity Geographic

Allocation Proportion(%)
UK 28
Europe 2
North America 43
Japan 5
Pacific 13
Other Equity 0

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 71
Mid Caps 24
Small Caps 5

Top 10 holdings

No information available.

Sector breakdown

Equities 49%
Government Bonds 31%
Corporate Bonds 10%
Money Market 6%
Mutual Funds 4%
Convertibles 0%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
11/12 12/13 13/14 14/15 15/16   3 years 5 years Career 3 years 5 years Career
-0.15% -0.01% 0.40% -0.11% -0.13%   0.05% 0.00% 0.02% 66.60% 68.40% 74.90%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Steven Andrew

Manager. Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team. He now works in the multi-asset team, formulating asset allocation strategies for M&G's multi-asset fund range. He was appointed deputy fund manager on the M&G Cautious Multi Asset Fund and the M&G Managed Fund in November 2009. Previously, he worked at F&C Asset Management, Merrill Lynch and the Bank of England. Andrew graduated from the University of London in 1997 with a degree in financial economics.

Track record

Steven Andrew has 5.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.02%. During the worst period of relative performance (from March 2015 - June 2016) there was a decline of 8% relative to the index. The worst absolute loss has been 11%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 75%.

Periods of worst performance
Absolute -11% (March 2015 - January 2016)
Relative -8% (March 2015 - June 2016)

Other funds managed

  Start Date
M&G EPISODE INCOME ANov 2010

Sector record since December 2010 (6 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.

Invest in an existing account

This fund is not available to invest

Open a new account

This fund is not available to invest