Quick Stats

Bid Price - Offer Price -
Mid Price GBX 149.12 Day Change GBX -0.37 (-0.25%)
Price Date 16 Jan 2018 Crown Rating 1
Shares Class Inc. Yield 2.08 %
Total Expense Ratio 1.16 Fund Size 610,360,000.00
Launch Date 17/12/1968 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 1.16
ISIN GB00B6Z1RF34 Min TopUp (£) 100.00

Fund Objective

The fund aims for long-term capital growth from a focused portfolio of fewer than 50 shares, investing at least 80% of the fund in UK companies on a three to five-year view. The emphasis is on businesses the fund manager believes have a long-term competitive edge, and can reinvest their earnings in highly profitable projects. He expects these companies to generate increasing cashflow, enabling them to grow their businesses and dividends, and the stockmarket to reward their share prices over time.

Fund Managers

Garfield Kiff
Garfield Kiff is manager of the M&G Smaller Companies Fund and co-deputy manager of the M&G UK Select Fund. He joined M&G in 2000 from PricewaterhouseCoopers as a smaller companies analyst. He was deputy manager of the M&G Recovery Fund from 2002 until 2008, and managed the Prudential Pooled Pensions Smaller Companies Fund between 2003 and 2008. Garfield graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.
Sam Ford
Sam Ford was appointed deputy manager of the M&G Pan European Dividend Fund, M&G Dividend Fund and M&G Extra Income Fund in February 2015. Sam initially joined M&G in 2014 as a dedicated analyst to the Income team. Prior to M&G, Sam worked at Alliance Trust, most recently as an investment manager with the Global Equities team. Sam graduated from the University of Strathclyde with a masters degree (merit) in chemical & process engineering and is a CFA charterholder.
Rory Alexander
Rory Alexander was appointed co-deputy fund manager of the M&G UK Select Fund in January 2016, having been an embedded research analyst with the UK Equities team since June 2015. He initially joined M&G as an analyst in the Equity Research team in 2008, and covered areas such as global transport, support services, media and consumer staples. Prior to joining M&G, Rory worked for St James's Place Partnership. He graduated from Bath University in 2008 with a BSc (Hons) in economics.