M&G Pan European Select B Acc EUR
|Bid Price||-||Offer Price||-|
|Mid Price||EUR 10.38||Day Change||EUR +0.16 (0.75%)|
|Price Date||9 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.86 %|
|Total Expense Ratio||2.16||Fund Size||169,680,000.00|
|Launch Date||29/09/1989||Standard Initial Charge (%)||1.25|
|Annual Management Charge (%)||2.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.16|
|ISIN||GB00BDCQMF53||Min TopUp (£)||75.00|
The fund aims to maximise long-term total return (the combination of income and growth of capital) through a concentrated portfolio of between 25 and 35 holdings from across Europe, including the UK. Stocks are selected based on their individual merits, with a focus on quality businesses where an element of change is helping to drive their value. Crucially, the fund manager will purchase shares in a company when short-term issues have provided a clear valuation opportunity, with a view to holding those shares over the long term.
John William Olsen
John William Olsen, a Danish national, joined M&G in April 2014, and was appointed fund manager of the M&G Global Select Fund and M&G Pan European Select Fund in July 2014. He was later appointed manager of the M&G European Select Fund and deputy manager of the M&G European Smaller Companies Fund in July 2016. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking and Global Select equity funds, and also the European Select strategy. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.