M&G Pan European Dividend GBP I Inc (FUND:B45BZT9) - Overview

Fund Report

M&G Pan European Dividend Fund Sterling I Inc

Key Stats
Morningstar® CategoryEurope Equity Income
Manager Name-
Inception Date03/08/2012
NAV 09/12/2016GBX 1,410.87
Day Change0.26%
12 Month Yield4.21%
ISINGB00B45BZT97
SEDOLB45BZT9
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016115.10 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.94%
AMC0.75%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/10/2016

Benchmarks

Fund Benchmark

MSCI Europe NR USD

Morningstar® Benchmark

MSCI Europe High Div Yld NR EUR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund12.7323.76-0.6712.406.59
Category12.3522.90-0.854.009.54
Benchmark3.3524.852.422.2813.16
  • Fund: M&G Pan European Dividend Fund Sterling I Inc
  • Category: Europe Equity Income
  • Benchmark: MSCI Europe High Div Yld NR EUR
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD8.2610.9615.38
3 Years Annualised7.836.177.83
5 Years Annualised11.069.979.65
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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  • 5
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

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). The Fund aims to deliver a dividend yield above the market average, whilst aiming to increase annual distributions over the long term, by investing in a range of European equities. The Fund’s exposure to European equities may be gained through the use of derivatives. The Fund may invest across a wide range of geographies, sectors and market capitalisations. The Fund may also invest in other assets including collective investment schemes, other transferable securities, cash and near cash, deposits, warrants, money market instruments and derivatives.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseRELX NV Consumer Cyclical4.82
SES SA DR Consumer Cyclical4.39
IncreaseSampo Oyj A Financial Services4.36
IncreaseBanca Ifis Financial Services3.82
IncreaseNordea Bank AB Financial Services3.69
Asset Allocation %
LongShortNet
Stocks93.620.0093.62
Bonds0.000.000.00
Cash8.683.535.15
Other1.240.001.24
Top Stock Regions
Region%
Eurozone46.46
United Kingdom29.63
Europe - ex Euro21.80
Latin America2.11
United States0.00
Top Stock Sectors
Stock Sector%
Consumer Cyclical22.24
Financial Services21.71
Industrials18.19
Healthcare12.11
Consumer Defensive10.00
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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