|Bid Price||-||Offer Price||-|
|Mid Price||GBX 209.22||Day Change||GBX +1.32 (0.63%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.43 %|
|Total Expense Ratio||1.17||Fund Size||2,103,890,000.00|
|Launch Date||01/02/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.17|
|ISIN||GB00B3ZW2R22||Min TopUp (£)||100.00|
The Fund aims to maximise long term total return (the combination of income and growth of capital) to investors by investing predominantly in undervalued European equities.
Richard Halle joined M&G in 1999 as a sector analyst focusing on insurance. Since 2002, he has been managing various institutional mandates on a European value strategy, and in 2008, he was appointed fund manager of the M&G European Strategic Value Fund upon its launch. Before joining M&G, Richard worked as a security analyst for the Sedgwick Group. He graduated from the University of Natal in South Africa with a bachelor of commerce and is a chartered financial analyst (CFA) charterholder.
Daniel White joined M&G in 2005 as a sector analyst and has worked closely with Richard Halle on the M&G European Strategic Value Fund since its launch in February 2008. He is deputy fund manager on the fund. In September 2013, Daniel was appointed fund manager of the M&G North American Value Fund. He previously worked at Deloitte & Touche as an accountant. He graduated from the University of Southampton with a BSc in oceanography in 2001. In 2005, he qualified as a chartered accountant and is also a chartered financial analyst (CFA) charterholder.