M & G European Index Tracker Fund Class A Accumulation Units
Also available as income units
At a glance
| Initial charge | 0.00% |
|---|---|
| Initial saving | 0.00% |
| Annual charge | 0.50% ¹ |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 0.71% |
| Launch date | 10-12-1999 |
| Launch price | £0.50 |
| Sector | Europe Excluding UK |
| Fund size | £45 million |
| Number of holdings | 281 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Nigel Booth
Located in: London
Nigel joined the Equity Structured Products desk at M&G in August 2003 as Head of Index Funds and is responsible for managing passive funds and low risk active funds.Nigel`s date of birth is 3 September 1960.Funds managed:M&G European Index Tracker Fund.Previous companies and responsibilitiesNigel started his career in the City in 1983 working in the research department of the stock-jobbing firm Wedd Durlacher Mordaunt, which subsequently merged with Barclays Merchant Bank and De Zoete & Bevan, forming BZW. In 1988 he left BZW joining the Investment Management arm of Equitable Life Assurance Society working as an Analyst / Fund Manager covering various sectors of the UK stockmarket, initially covering larger companies but later specialising in Mid Cap stocks. Nigel joined Clerical Medical Investment Management (now Insight Investment) in April 2001, where he was responsible index / passive funds, and derivatives dealing, including futures,index options and contracts for difference.Academic training:Nigel graduated from Kingston Polytechnic with an upper second class degree in Business Studies in 1983 and passed the Stock Exchange Practice examination in November 1984.
Income details
| Historic yield | 3.02% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 September 2008 |
|---|---|
| Payment date ³ | 31 October 2008 |
Top 10 holdings
| Nestle S.A. | 3.97% |
|---|---|
| Total S.A. | 3.37% |
| Volkswagen AG | 3.17% |
| Novartis AG | 3.07% |
| Roche Holding AG Part. Cert. | 2.71% |
| Telefonica S.A. | 2.31% |
| E.ON AG | 1.86% |
| Banco Santander S.A. | 1.74% |
| GDF SUEZ | 1.72% |
| ENI S.p.A. | 1.71% |
Top 10 sectors
| Banks | 15.05% |
|---|---|
| Pharmaceuticals & Biotechnology | 8.94% |
| Oil & Gas Producers | 6.66% |
| Food Producers | 6.26% |
| Fixed Line Telecommunications | 5.73% |
| Nonlife Insurance | 5.27% |
| Gas, Water & Multiutilities | 5.24% |
| Automobiles & Parts | 4.94% |
| Chemicals | 4.09% |
| Electricity | 3.36% |
Top 10 countries
| France | 23.46% |
|---|---|
| Germany | 18.68% |
| Switzerland | 17.17% |
| Spain | 9.26% |
| Italy | 7.92% |
| Netherlands | 5.43% |
| Sweden | 4.42% |
| Finland | 2.94% |
| Denmark | 1.89% |
| Norway | 1.53% |
¹ Additional annual charge of 0.5% + VAT is applied to this fund when held in the Vantage ISA and SIPP. This additional charge is not accounted for in the Total Expense Ratio quoted above.
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.
