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M&G SMALLER COMPANIES X - Fund overview

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Find rated uk smaller companies funds


Overview of M&G SMALLER COMPANIES X

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

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  UK Smaller Companies
Product type  OEIC
Launched  October, 2002
Size  £350m
Yield 0.6%
Charging basis  –
Dividends paid  28/2, 29/8.
Bid price(inc) 179.47p
Bid price(acc) 419.76p

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 1.67%
Reduction in yield (10yr) 1.67%

Bestinvest says


No information available.

Portfolio

m&g smaller companies x asset allocation illustration
Allocation Proportion
Equity 95%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 5%
m&g smaller companies x equity geographic illustration
Allocation Proportion
UK 85%
Europe 8%
Nth America 4%
Japan 0%
Pacific 1%
Other Equity 2%
m&g smaller companies x equity capitalisation illustration
Allocation Proportion
Large Caps 0%
Mid Caps 41%
Small Caps 59%

Investment process


The fund objective is to outperform the FTSE SmallCap (exc Investment Companies) index by 2-3% pa over rolling 3-year periods.
This is to be achieved through investing in companies where "good management can have most impact on earnings". Cash position will be a maximum of 5% to maintain a focus on the fund objective.
When purchasing stocks, companies are assessed primarily on market strength and valuation. Investments are constantly reviewed and any change that may affect the estimated valuation may lead to a sale of the holding.

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.

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