Quick Stats

Bid Price - Offer Price -
Mid Price GBX 124.31 Day Change GBX +0.23 (0.19%)
Price Date 17 Nov 2017 Crown Rating
Shares Class Inc. Yield 2.03 %
Total Expense Ratio 0.71 Fund Size 152,950,000.00
Launch Date 31/01/2000 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.50 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.71
ISIN GB0030929300 Min TopUp (£) 100.00

Fund Objective

The fund is designed to track the performance of the FTSE World Europe ex UK Index, which represents a broad spread of European company shares. It will typically hold around 375 stocks, including the largest 100 stocks in the index, as well as a selection of the remaining smaller stocks to ensure that the fund’s market capitalisation and industry weights are in line with the index weighting.

Fund Managers

Nigel Booth
Nigel Booth is manager of the M&G European Index Tracker Fund and deputy on the M&G Index Tracker Fund and the M&G Fund of Investment Trusts Shares. Nigel is also head of index funds. Before joining M&G, he was responsible for index/passive funds and derivatives dealing at Insight Investment. Nigel graduated in business studies.
Richard O'Connor
Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).