M&G Japan Smaller Companies A Acc U
|Bid Price||-||Offer Price||-|
|Mid Price||USD 12.82||Day Change||USD +0.03 (0.24%)|
|Price Date||25 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.36 %|
|Total Expense Ratio||1.72||Fund Size||216,740,000.00|
|Launch Date||15/05/1984||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.72|
|ISIN||GB00BZ0FTN58||Min TopUp (£)||75.00|
The fund aims to deliver capital growth over the long term (that is, over five years or more) by investing at least 80% of the fund in the shares of smaller Japanese companies (companies that make up the bottom third of all publicly listed companies in Japan, in terms of stockmarket value). Income is not a consideration when choosing investments. Stocks are selected from across a wide range of industries. The fund manager focuses on stocks where he believes the share price is not fully valuing the company's sustainable earnings over the medium to long term. The portfolio typically holds between 30 and 50 stocks.
Johan Du Preez
Johan Du Preez joined Prudential Portfolio Managers (South Africa) in 1998 and then moved to the Japan Equity team in 2004. Before joining Prudential, Johan worked at Momentum Employee Benefits as an Actuarial Consultant. Prior to that, he worked at Crusader Life, South Africa. Johan graduated from the University of Witwatersrand, and holds a Bachelor of Economics. He also holds a Masters of Commerce from the University of Cape Town and he is a Chartered Financial Analyst.