M & G European Strategic Value Class A Acc

Sell : 76.51p | Buy : 76.51p | down 0.05p
Last valuation as at 01-12-2008

Also available as income units

At a glance

Initial charge 4.00%
Initial saving 4.00%
Annual charge 1.75%
Annual saving 0.000% ²
Total Expense Ratio 1.90%
Launch date 01-02-2008
Launch price £0.50
Sector Europe Including UK
Fund size £43 million
Number of holdings 73
Fund type OEIC
Type of units Accumulation

HL Research - Our view on this Fund

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Full research

About the Fund Manager

Photo of Richard Halle

Richard Halle
Located in: London


Richard Halle is a director of equities and joined the equity team in 1999 as an investment analyst specialising in the insurance sector. He subsequently moved to the European team, where he is a fund manager. Before joining the company, Richard worked as a security analyst for the Sedgwick Group. Prior to that, he was an accountant for an insurance company in South Africa after leaving Andersen Consulting, his first employer. Richard graduated from the University of Natal in Durban with a bachelor of commerce.

 

Income details

Historic yield 1.29%
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 February 2008
Payment date ³ 31 March 2008

Top 10 holdings

Novartis AG 5.05%
Total S.A. 4.87%
Sanofi-Aventis S.A. 4.18%
Deutsche Telekom AG 3.98%
E.ON AG 3.58%
Royal Dutch Shell B 3.25%
Vivendi 3.03%
Repsol YPF S.A. 2.85%
StatoilHydro ASA 2.59%
RWE AG 2.47%

Top 10 sectors

Oil & Gas Producers 14.79%
Pharmaceuticals & Biotechnology 10.81%
Banks 10.21%
Gas, Water & Multiutilities 6.05%
Media 5.33%
Mobile Telecommunications 5.27%
Nonlife Insurance 5.11%
Automobiles & Parts 4.20%
Financial Services 3.43%
Cash and Equiv. 3.35%

Top 10 countries

France 21.25%
Germany 20.33%
United Kingdom 12.66%
Switzerland 7.88%
Belgium 7.30%
Sweden 7.10%
Norway 4.03%
Netherlands 3.70%
Italy 3.54%
Cash and Equiv. 3.35%

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 01-12-2008. Data accurate as at 31/10/2008.

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