M&G Pan European Select B Acc EUR

Quick Stats

Bid Price - Offer Price -
Mid Price EUR 10.38 Day Change EUR +0.16 (0.75%)
Price Date 9 Dec 2016 Crown Rating 4
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
Currency EUR ISA Eligible No
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

Fund Objective

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.

Fund Managers

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.