M&G UK Select C Inc GBP
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 3,075.79||Day Change||GBX -3.45 (-0.11%)|
|Price Date||26 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.54 %|
|Total Expense Ratio||0.16||Fund Size||613,290,000.00|
|Launch Date||17/12/1968||Standard Initial Charge (%)||1.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.16|
|ISIN||GB00B9JFHW97||Min TopUp (£)||25,000.00|
The fund invests principally in shares of UK-listed companies with the aim of achieving capital growth. A long-term view is taken, with the emphasis on finding undervalued companies with attractive growth prospects. The portfolio targets a total number of stock holdings of around 50. The relatively concentrated nature of the fund requires the manager to have strong conviction in each and every holding.
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.