M&G Smaller Companies C Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 301.51||Day Change||GBX -0.58 (-0.19%)|
|Price Date||20 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.16||Fund Size||369,210,000.00|
|Launch Date||27/09/1967||Standard Initial Charge (%)||1.25|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.16|
|ISIN||GB00B0GSGM14||Min TopUp (£)||25,000.00|
The fund invests in the shares of smaller UK companies, with the primary focus of achieving capital growth. It is a high-conviction portfolio of stocks where the fund manager believes good management can have the most impact on company earnings. The fund manager selects stocks based on their individual merits, focusing on company management, business growth opportunities and valuation of the shares, favouring trustworthy, diligent and understated management teams.
Garfield Kiff was appointed fund manager of the M&G UK Smaller Companies Fund in June 2015. He is also deputy manager of the M&G UK Growth Fund. Garfield joined M&G in 2000 as a smaller companies analyst and managed a smaller companies fund for pooled pension fund clients between June 2003 and August 2008. He was deputy manager of the M&G Recovery Fund from 2002 until 2008 and lead manager of the M&G UK Growth Fund from December 2007 until December 2012, before its merger with the M&G UK Select Fund. Garfield graduated from the University of Liverpool with a first class honours degree in economics and is a CFA charterholder.