Prudential Ex-DSF M&G Smaller Companies
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | -1.2% | 25.8% | -19.1% | -7.6% | 19.7% |
| Sector | 3.7% | 25.9% | -22.4% | -6.6% | 15.3% |
| Rank | 64/85 | 48/85 | 15/85 | 46/85 | 18/85 |
| Quartile | 3 | 3 | 1 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | -3.6% | 2.2% | 7.1% | |
| Sector | -5.8% | 1.7% | 6.2% | |
| Rank | 15/85 | 32/85 | 21/73 | |
| Quartile | 1 | 2 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| PREMIER FOODS | 4.06 |
| HILL & SMITH | 3.95 |
| M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 3.07 |
| M&C SAATCHI | 2.55 |
| AJ BELL | 2.52 |
| WILMINGTON | 2.48 |
| LANCASHIRE HLDGS | 2.25 |
| QUILTER | 2.25 |
| VOLUTION GROUP | 1.98 |
| COATS GROUP | 1.96 |
| Total | 27.06 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in M&G Smaller Companies Fund - the underlying fund.
Underlying Fund Objective: The fund aims to deliver a higher total return (the combination of capital growth and income) than the Numis Smaller Companies Index (excluding Investment Companies), net of the Ongoing Charge Figure, over any five year period. At least 80% of the fund is invested in the UK smaller companies. These are UK listed companies which, at the initial time of purchases, are: - in the bottom 10% (by market capitalisation) of the FTSE All-Share Index, or - in the Numis Smaller Companies Index (excluding Investment Companies), or - listed on the Alternative Investment Market. The fund may also invest in collective investment schemes and other transferrable securities. Cash and near cash may be held for ancillary purposes and derivatives, including warrants, may be used for efficient portfolio management and hedging purposes.
Fund Manager
James Taylor was appointed deputy fund manager of the M&G Dividend Fund in August 2019. He joined M&G in 2014 as a graduate before becoming an embedded analyst in the Income team in January 2016 where he supported the managers of the M&G UK Select, M&G Dividend and M&G Pan-European Dividend funds. In March 2019, the M&G UK Select Fund and the M&G Dividend Fund were transferred to the UK Equities team and James moved across with them. He graduated from the University of Bath with a BSc in Business Administration, and has passed all three levels of the CFA program.
Garfield Kiff was appointed fund manager of the M&G Smaller Companies Fund in June 2015. 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 was manager of the M&G UK Growth Fund from 2007 until it merged with the M&G UK Select Fund in 2012 and he became the deputy manager. Garfield graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.
Hilary Aldridge has more than 18 years’ experience investing in UK equities. She joined M&G in November 2019 from DWS Group where she was Director, UK Equities and a portfolio manager and analyst in the pan-European team. Prior to this, Hilary worked at Barclays Global Investments & Solutions as a portfolio manager with the multi-manager team, and with F&C Asset Management as a Director in the UK Equities team. Hilary has a background in environmental, social and governance (ESG) investing as a manager on the F&C Stewardship funds and as an adviser to Big Issue Invest, the UK’s first social merchant bank. She graduated with an LLB in Law from the University of Birmingham.
Fund Overview
| Bid (23/12/2024) | 1046.10 |
| Offer (23/12/2024) | 1101.20 |
| Fund size (31/10/2024) | £18.43m |
| Underlying Fund size | £168.76m |
| Number of holdings | 70 |
| Launch date | 31/08/2004 |
Fund Charges
| Annual Management Charge (AMC) | 1.00% |
| Further Costs | 0.00% |
| Yearly Total | 1.00% |
Asset Allocation
| UK Equities | 95.37% | |
| International Equities | 2.35% | |
| Cash and Equivalents | -0.79% | |
| Other Assets | 3.07% |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 95.37% | |
| International Equities | 2.35% | |
| Cash and Equivalents | -0.79% | |
| Other Assets | 3.07% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 27.15% | - | - | - | |
| Industrial Goods & Services | - | 20.32% | - | - | |
| Industrial Support Services | - | - | 5.92% | - | |
| Professional Business Support Services | - | - | - | 2.59% | |
| Industrial Suppliers | - | - | - | 1.25% | |
| Forms & Bulk Printing Services | - | - | - | 1.16% | |
| Business Training & Employment Agencies | - | - | - | 0.91% | |
| Aerospace & Defence | - | - | 4.78% | - | |
| Defense | - | - | - | 3.71% | |
| Aerospace | - | - | - | 1.07% | |
| Electronic & Electrical Equipment | - | - | 4.11% | - | |
| Electrical Components | - | - | - | 4.11% | |
| Industrial Engineering | - | - | 3.55% | - | |
| Machinery: Industrial | - | - | - | 2.39% | |
| Machinery: Specialty | - | - | - | 1.17% | |
| General Industrials | - | - | 1.96% | - | |
| Diversified Industrials | - | - | - | 1.96% | |
| Construction & Materials | - | 6.83% | - | - | |
| Construction & Materials | - | - | 6.83% | - | |
| Building Materials: Other | - | - | - | 3.75% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 1.91% | |
| Engineering & Contracting Services | - | - | - | 1.17% | |
| Consumer Discretionary | 24.79% | - | - | - | |
| Media | - | 11.13% | - | - | |
| Media | - | - | 11.13% | - | |
| Media Agencies | - | - | - | 5.30% | |
| Publishing | - | - | - | 4.23% | |
| Radio & TV Broadcasters | - | - | - | 1.59% | |
| Travel & Leisure | - | 5.76% | - | - | |
| Travel & Leisure | - | - | 5.76% | - | |
| Casinos & Gambling | - | - | - | 3.02% | |
| Travel & Tourism | - | - | - | 1.41% | |
| Restaurants & Bars | - | - | - | 1.33% | |
| Retail | - | 5.09% | - | - | |
| Retailers | - | - | 5.09% | - | |
| Specialty Retailers | - | - | - | 5.09% | |
| Consumer Products & Services | - | 2.81% | - | - | |
| Household Goods & Home Construction | - | - | 1.67% | - | |
| Home Construction | - | - | - | 1.67% | |
| Leisure Goods | - | - | 1.13% | - | |
| Electronic Entertainment | - | - | - | 1.13% | |
| Financials | 17.58% | - | - | - | |
| Financial Services | - | 15.33% | - | - | |
| Investment Banking & Brokerage Services | - | - | 12.01% | - | |
| Asset Managers & Custodians | - | - | - | 7.30% | |
| Investment Services | - | - | - | 4.72% | |
| Finance & Credit Services | - | - | 3.18% | - | |
| Mortgage Finance | - | - | - | 2.52% | |
| Consumer Lending | - | - | - | 0.66% | |
| Nonequity Investment Instruments | - | - | 0.14% | - | |
| Nonequity Investment Instruments | - | - | - | 0.14% | |
| Insurance | - | 2.25% | - | - | |
| Non-life Insurance | - | - | 2.25% | - | |
| Property & Casualty Insurance | - | - | - | 2.25% | |
| Technology | 6.48% | - | - | - | |
| Technology | - | 6.48% | - | - | |
| Software & Computer Services | - | - | 4.80% | - | |
| Software | - | - | - | 3.43% | |
| Computer Services | - | - | - | 1.37% | |
| Technology Hardware & Equipment | - | - | 1.68% | - | |
| Semiconductors | - | - | - | 1.68% | |
| Basic Materials | 6.00% | - | - | - | |
| Basic Resources | - | 3.95% | - | - | |
| Industrial Metals & Mining | - | - | 3.95% | - | |
| Metal Fabricating | - | - | - | 3.95% | |
| Chemicals | - | 2.05% | - | - | |
| Chemicals | - | - | 2.05% | - | |
| Chemicals: Diversified | - | - | - | 1.30% | |
| Specialty Chemicals | - | - | - | 0.75% | |
| Consumer Staples | 5.33% | - | - | - | |
| Food, Beverage & Tobacco | - | 4.06% | - | - | |
| Food Producers | - | - | 4.06% | - | |
| Food Products | - | - | - | 4.06% | |
| Personal Care, Drug & Grocery Stores | - | 1.26% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.26% | - | |
| Miscellaneous Consumer Staple Goods | - | - | - | 1.26% | |
| Real Estate | 3.99% | - | - | - | |
| Real Estate | - | 3.99% | - | - | |
| Real Estate Investment & Services | - | - | 3.23% | - | |
| Real Estate Services | - | - | - | 3.23% | |
| Real Estate Investment Trusts | - | - | 0.76% | - | |
| Office REITs | - | - | - | 0.76% | |
| Health Care | 3.59% | - | - | - | |
| Health Care | - | 3.59% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.59% | - | |
| Biotechnology | - | - | - | 3.14% | |
| Pharmaceuticals | - | - | - | 0.45% | |
| Non-Classified | 3.07% | - | - | - | |
| Non-Classified | - | 3.07% | - | - | |
| Non-Classified | - | - | 3.07% | - | |
| Non-Classified | - | - | - | 3.07% | |
| Energy | 1.65% | - | - | - | |
| Energy | - | 1.65% | - | - | |
| Non-Renewable Energy | - | - | 1.65% | - | |
| Oil Equipment & Services | - | - | - | 0.97% | |
| Oil: Crude Producers | - | - | - | 0.67% | |
| Telecommunications | 1.17% | - | - | - | |
| Telecommunications | - | 1.17% | - | - | |
| Telecommunications Service Providers | - | - | 1.17% | - | |
| Telecommunications Services | - | - | - | 1.17% | |
| Cash and Equivalents | -0.79% | - | - | - | |
Regional Allocation
| UK | 95.37% | |
| Non-Classified | 3.07% | |
| Developed Asia | 1.55% | |
| Developed Europe - Excl UK | 0.80% | |
| Cash and Equivalents | -0.79% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.65% | |
| Cash | 1.26% | |
| Pound Sterling | 0.09% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 95.37% | - | |
United Kingdom
|
- | 95.37% | |
| Non-Classified | 3.07% | - | |
| Developed Asia | 1.55% | - | |
Singapore
|
- | 1.55% | |
| Developed Europe - Excl UK | 0.80% | - | |
Germany
|
- | 0.80% | |
| Cash and Equivalents | -0.79% | - | |
Breakdown By Market Cap (%)
| Medium |
|
21.79% |
| Small |
|
38.85% |
| Micro |
|
12.94% |
| Non-Classified |
|
27.22% |
| Cash |
|
-0.79% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | PREMIER FOODS | 4.06% | Food Producers | United Kingdom |
| 2 | HILL & SMITH | 3.95% | Industrial Metals & Mining | United Kingdom |
| 3 | M&G (LUX) FCP Sterling Liquidity Fund Z6A Acc | 3.07% | Managed Funds | Non-Classified |
| 4 | M&C SAATCHI | 2.55% | Media | United Kingdom |
| 5 | AJ BELL | 2.52% | Investment Banking & Brokerage Services | United Kingdom |
| 6 | WILMINGTON | 2.48% | Media | United Kingdom |
| 7 | LANCASHIRE HLDGS | 2.25% | Non-life Insurance | United Kingdom |
| 8 | QUILTER | 2.25% | Investment Banking & Brokerage Services | United Kingdom |
| 9 | VOLUTION GROUP | 1.98% | Construction & Materials | United Kingdom |
| 10 | COATS GROUP | 1.96% | General Industrials | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 6.48% | - | - | - | - | - | - | - | 6.48% |
| Telecommunications | 1.17% | - | - | - | - | - | - | - | 1.17% |
| Financials | 16.78% | 0.80% | - | - | - | - | - | - | 17.58% |
| Real Estate | 3.99% | - | - | - | - | - | - | - | 3.99% |
| Consumer Discretionary | 24.79% | - | - | - | - | - | - | - | 24.79% |
| Consumer Staples | 5.33% | - | - | - | - | - | - | - | 5.33% |
| Energy | 1.65% | - | - | - | - | - | - | - | 1.65% |
| Health Care | 3.59% | - | - | - | - | - | - | - | 3.59% |
| Industrials | 25.60% | 1.55% | - | - | - | - | - | - | 27.15% |
| Basic Materials | 6.00% | - | - | - | - | - | - | - | 6.00% |
| Cash and Equivalents | - | - | - | - | - | - | - | -0.79% | -0.79% |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B02SRG6 |
| Mex Code | PUEMC |
| Isin Code | GB00B02SRG60 |
| Citi Code | ILF8 |
Fund Charges
| Annual Management Charge (AMC) | 1.00% |
| Further Costs | 0.00% |
| Yearly Total | 1.00% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in M&G Smaller Companies Fund - the underlying fund. Underlying Fund Objective: The fund aims to deliver a higher total return (the combination of capital growth and income) than the Numis Smaller Companies Index (excluding Investment Companies), net of the Ongoing Charge Figure, over any five year period. At least 80% of the fund is invested in the UK smaller companies. These are UK listed companies which, at the initial time of purchases, are: - in the bottom 10% (by market capitalisation) of the FTSE All-Share Index, or - in the Numis Smaller Companies Index (excluding Investment Companies), or - listed on the Alternative Investment Market. The fund may also invest in collective investment schemes and other transferrable securities. Cash and near cash may be held for ancillary purposes and derivatives, including warrants, may be used for efficient portfolio management and hedging purposes. |
| Benchmark | Deursche Numis Smaller Companies Index (excluding Investment Companies) |
| ABI Sector | UK Smaller Companies |
Ratings
| FE Crown |  |
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.