M&G European Strategic Value C Acc

Quick Stats

Bid Price - Offer Price -
Mid Price USD 9.30 Day Change USD +0.03 (0.70%)
Price Date 20 Oct 2016 Crown Rating 4
Shares Class Inc. Yield 1.62 %
Total Expense Ratio 0.92 Fund Size 1,153,390,000.00
Launch Date 01/02/2008 Standard Initial Charge (%) 1.25
Currency USD ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.92
ISIN GB00BK6MCX60 Min TopUp (£) 50,000.00

Fund Objective

The fund is invested principally in the shares of European (including UK) companies that are deemed to be undervalued, with the aim of maximising long-term total return. It is an actively managed fund where the selection of stocks is driven by in-depth analysis of individual companies. The fund manager takes a long-term view and seeks to identify companies that are out of favour and whose potential value, in his view, is yet to be reflected in the share price.

Fund Managers

Richard Halle
Richard is a director of equities and joined the equity team in 1999 as an investment analyst specialising in the insurance sector. He subsequently moved on to the life fund team where he assists in managing the Prudential Life Fund. In addition he manages 3 unitised funds. Richard`s date of birth is 31 July 1971.Funds managed:Prudential European Trust,UK equity portion of the Prudential Global Growth.Previous companies and responsibilities:Before joining the company, Richard worked as a security analyst for the Sedgwick Group. Prior to that he worked as an accountant for an insurance company in South Africa after leaving Andersen Consulting, who were his first employer. Academic training:Richard graduated from the Universityof Natal, Durban with a Bachelor of Commerce. In addition he is a passed finalist of the Institute of Management Accountants (CIMA), and a Chartered Financial Analyst (CFA).