M & G European Class X Accumulation
Also available as income units
At a glance
| Initial charge | 0.00% |
|---|---|
| Initial saving | 0.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.69% |
| Launch date | 05-07-1972 |
| Launch price | £0.50 |
| Sector | Europe Excluding UK |
| Fund size | £154 million |
| Number of holdings | 46 |
| 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
Cesar Perez
Located in: London
Cesar (37) joined M&G in December 2002 as Head of European Equities. Funds managed:M&G European Fund.Previous companies and responsibilities:Cesar holds a degree in Industrial Engineering specialising in Organisational Management from Universidad Pontificia de Comillas. After leaving University, he completed his military service as Lieutenant in the Spanish Navy. He joined JP Morgan Madrid in 1993 where he started as a junior portfolio manager specialising in Spanish Equities. In summer 1996 he transferred to JPMIM London where he became a European Portfolio manager, leaving in December 2002 to join M&G`s European Equity desk as head of the team. Academic training:Cesar graduated in Business Administration and Industrial Management from the University of Madrid.
Income details
| Historic yield | 2.18% |
|---|---|
| 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
| Total S.A. | 5.67% |
|---|---|
| E.ON AG | 5.54% |
| Sanofi-Aventis S.A. | 4.27% |
| Bayer AG | 3.48% |
| Roche Holding AG Part. Cert. | 3.42% |
| Credit Suisse Group | 3.18% |
| Vivendi | 3.13% |
| Unibet Group | 3.06% |
| BNP Paribas S.A. | 2.98% |
| Deutsche Telekom AG | 2.97% |
Top 10 sectors
| Banks | 13.65% |
|---|---|
| Pharmaceuticals & Biotechnology | 11.08% |
| Oil & Gas Producers | 9.37% |
| Gas, Water & Multiutilities | 7.70% |
| Nonlife Insurance | 7.21% |
| Travel & Leisure | 6.85% |
| Chemicals | 5.28% |
| Media | 4.82% |
| Electricity | 4.66% |
| Mobile Telecommunications | 4.65% |
Top 10 countries
| Germany | 28.55% |
|---|---|
| France | 21.48% |
| Switzerland | 17.93% |
| Spain | 5.26% |
| Sweden | 4.29% |
| Greece | 4.28% |
| Cash and Equiv. | 3.65% |
| Netherlands | 3.43% |
| Norway | 2.98% |
| Italy | 2.46% |
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.
