M&G Japan Class PP GBP Acc
Report And Accounts
Simplified Prospectus / KIID
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 | -0.2% | 17.3% | 7.1% | 10.5% | 16.0% |
| Sector | 11.7% | 3.8% | -7.3% | 6.4% | 12.6% |
| Rank | 81/89 | 8/92 | 7/94 | 35/97 | 22/98 |
| Quartile | 4 | 1 | 1 | 2 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 11.1% | 10.0% | 10.4% | |
| Sector | 3.6% | 5.2% | 8.4% | |
| Rank | 16/94 | 14/89 | 8/64 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MITSUBISHI UFJ FINANCIAL GROUP | 7.29 |
| SEVEN & I HOLDINGS CO. | 4.40 |
| ORIX CORPORATION | 4.30 |
| HITACHI | 4.23 |
| SONY CORP | 4.22 |
| TOYOTA MOTOR CORPORATION | 4.05 |
| MITSUI & CO. | 4.02 |
| EAST JAPAN RAILWAY COMPANY | 3.35 |
| SOFTBANK GROUP CORP. | 3.27 |
| NIPPON TELEGRAPH AND TELEPHONE CORPORATION | 2.88 |
| Total | 42.01 |
Fund Aims
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the MSCI Japan Index over any five-year period.
Fund Manager
Carl Vine was appointed fund manager of M&G (Lux) Japan Fund and M&G (Lux) Japan Smaller Companies Fund in September 2019 after joining M&G as Co-Head of Asian Investment, with 22 years of investment experience. Carl co-founded Oxford-based Port Meadow Capital Management, a boutique investment firm, in 2014. Prior to that, he worked as a Managing Director and Portfolio Manager for SAC Capital Advisors in Hong Kong and was the Asian-based member of their global investment committee. Before that, Carl was a Managing Director at UBS in Hong Kong, where he invested proprietary capital across Asia and Japan, and a Principal for TPG-Axon Capital. He began his career with Prudential Portfolio Managers in London, before relocating to Tokyo to open Prudential’s Japan office. Carl holds a Bachelor of Arts (Hons) in Politics, Philosophy & Economics from Oxford University.
Fund Overview
| Mid (20/12/2024) | 164.04p |
| Historic yield | 1.37% |
| Fund size (30/11/2024) | £3515.01m |
| Number of holdings | 56 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.39% |
| Launch date | 06/04/1971 |
Asset Allocation
| International Equities | 98.86% | |
| Cash and Equivalents | 1.14% |
Important Information
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 ongoing charges, but take no account of product charges. Ongoing charges 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 income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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
| International Equities | 98.86% | |
| Cash and Equivalents | 1.14% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 27.14% | - | - | - | |
| Industrial Goods & Services | - | 27.14% | - | - | |
| Industrial Support Services | - | - | 10.99% | - | |
| Business Training & Employment Agencies | - | - | - | 4.92% | |
| Industrial Suppliers | - | - | - | 4.02% | |
| Transaction Processing Services | - | - | - | 2.05% | |
| General Industrials | - | - | 6.97% | - | |
| Diversified Industrials | - | - | - | 5.34% | |
| Glass | - | - | - | 1.63% | |
| Industrial Transportation | - | - | 4.49% | - | |
| Railroads | - | - | - | 4.49% | |
| Industrial Engineering | - | - | 2.59% | - | |
| Machinery: Industrial | - | - | - | 2.59% | |
| Electronic & Electrical Equipment | - | - | 2.10% | - | |
| Electrical Components | - | - | - | 1.26% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.83% | |
| Consumer Discretionary | 21.08% | - | - | - | |
| Consumer Products & Services | - | 10.55% | - | - | |
| Leisure Goods | - | - | 9.22% | - | |
| Consumer Electronics | - | - | - | 5.16% | |
| Photography | - | - | - | 2.06% | |
| Toys | - | - | - | 1.00% | |
| Recreational Vehicles & Boats | - | - | - | 0.99% | |
| Household Goods & Home Construction | - | - | 1.33% | - | |
| Home Construction | - | - | - | 1.33% | |
| Automobiles & Parts | - | 10.53% | - | - | |
| Automobiles & Parts | - | - | 10.53% | - | |
| Automobiles | - | - | - | 6.27% | |
| Auto Parts | - | - | - | 4.26% | |
| Financials | 14.35% | - | - | - | |
| Banks | - | 7.29% | - | - | |
| Banks | - | - | 7.29% | - | |
| Banks | - | - | - | 7.29% | |
| Financial Services | - | 5.95% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.95% | - | |
| Diversified Financial Services | - | - | - | 4.30% | |
| Investment Services | - | - | - | 1.32% | |
| Asset Managers & Custodians | - | - | - | 0.34% | |
| Insurance | - | 1.10% | - | - | |
| Non-life Insurance | - | - | 1.10% | - | |
| Property & Casualty Insurance | - | - | - | 1.10% | |
| Technology | 12.25% | - | - | - | |
| Technology | - | 12.25% | - | - | |
| Technology Hardware & Equipment | - | - | 10.38% | - | |
| Semiconductors | - | - | - | 3.17% | |
| Electronic Components | - | - | - | 2.26% | |
| Production Technology Equipment | - | - | - | 2.10% | |
| Computer Hardware | - | - | - | 2.09% | |
| Electronic Office Equipment | - | - | - | 0.76% | |
| Software & Computer Services | - | - | 1.87% | - | |
| Computer Services | - | - | - | 1.87% | |
| Telecommunications | 6.15% | - | - | - | |
| Telecommunications | - | 6.15% | - | - | |
| Telecommunications Service Providers | - | - | 6.15% | - | |
| Telecommunications Services | - | - | - | 6.15% | |
| Health Care | 5.80% | - | - | - | |
| Health Care | - | 5.80% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.37% | - | |
| Biotechnology | - | - | - | 1.70% | |
| Pharmaceuticals | - | - | - | 1.67% | |
| Medical Equipment & Services | - | - | 1.40% | - | |
| Medical Equipment | - | - | - | 1.04% | |
| Medical Supplies | - | - | - | 0.35% | |
| Health Care Providers | - | - | 1.03% | - | |
| Health Care Services | - | - | - | 1.03% | |
| Consumer Staples | 5.09% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 4.40% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 4.40% | - | |
| Food Retailers & Wholesalers | - | - | - | 4.40% | |
| Food, Beverage & Tobacco | - | 0.69% | - | - | |
| Food Producers | - | - | 0.69% | - | |
| Food Products | - | - | - | 0.69% | |
| Real Estate | 4.39% | - | - | - | |
| Real Estate | - | 4.39% | - | - | |
| Real Estate Investment & Services | - | - | 4.39% | - | |
| Real Estate Holding and Development | - | - | - | 4.39% | |
| Basic Materials | 2.61% | - | - | - | |
| Chemicals | - | 2.61% | - | - | |
| Chemicals | - | - | 2.61% | - | |
| Chemicals & Synthetic Fibers | - | - | - | 1.33% | |
| Chemicals: Diversified | - | - | - | 1.29% | |
| Cash and Equivalents | 1.14% | - | - | - | |
Regional Allocation
| Japan | 98.69% | |
| Cash and Equivalents | 1.14% | |
| Middle East & Africa | 0.17% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Japan | 98.69% | - | |
Japan
|
- | 98.69% | |
| Cash and Equivalents | 1.14% | - | |
| Middle East & Africa | 0.17% | - | |
Israel
|
- | 0.17% | |
Breakdown By Market Cap (%)
| Mega |
|
30.82% |
| Large |
|
26.86% |
| Medium |
|
12.94% |
| Small |
|
3.38% |
| Non-Classified |
|
24.86% |
| Cash |
|
1.14% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MITSUBISHI UFJ FINANCIAL GROUP | 7.29% | Banks | Japan |
| 2 | SEVEN & I HOLDINGS CO. | 4.40% | Personal Care, Drug & Grocery Stores | Japan |
| 3 | ORIX CORPORATION | 4.30% | Investment Banking & Brokerage Services | Japan |
| 4 | HITACHI | 4.23% | General Industrials | Japan |
| 5 | SONY CORP | 4.22% | Leisure Goods | Japan |
| 6 | TOYOTA MOTOR CORPORATION | 4.05% | Automobiles & Parts | Japan |
| 7 | MITSUI & CO. | 4.02% | Industrial Support Services | Japan |
| 8 | EAST JAPAN RAILWAY COMPANY | 3.35% | Industrial Transportation | Japan |
| 9 | SOFTBANK GROUP CORP. | 3.27% | Telecommunications Service Providers | Japan |
| 10 | NIPPON TELEGRAPH AND TELEPHONE CORPORATION | 2.88% | Telecommunications Service Providers | Japan |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 12.25% | - | - | - | - | - | - | 12.25% |
| Telecommunications | - | 6.15% | - | - | - | - | - | - | 6.15% |
| Financials | - | 14.35% | - | - | - | - | - | - | 14.35% |
| Real Estate | - | 4.39% | - | - | - | - | - | - | 4.39% |
| Consumer Discretionary | - | 21.08% | - | - | - | - | - | - | 21.08% |
| Consumer Staples | - | 5.09% | - | - | - | - | - | - | 5.09% |
| Health Care | - | 5.80% | - | - | - | - | - | - | 5.80% |
| Industrials | - | 27.14% | - | - | - | - | - | - | 27.14% |
| Basic Materials | - | 2.61% | - | - | - | - | - | - | 2.61% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.14% | 1.14% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | BG03Y53 |
| Mex Code | - |
| Isin Code | GB00BG03Y538 |
| Citi Code | Q4R7 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.39% |
Aims and Benchmark
| Aims | The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the MSCI Japan Index over any five-year period. |
| Benchmark | MSCI Japan Index |
| Benchmark Category | Target |
| IA Sector | Japan |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | 2.50¥ |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | The National Westminster Bank plc |
| Fund Administrator | IFDS |
| Fund Registrar | IFDS |
| Fund Custodian | State Street Bank and Trust Company |
Group Details
| Group name | M&G Investments |
| Group address | 10 Fenchurch Avenue London EC3M 5AG United Kingdom |
| Group telephone | 0800 390 390 |
| Dealing telephone | 0800 328 3196 |
| info@mandg.co.uk | |
| Homepage | www.mandg.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | - |
| Settlement Period: Sell | - |
| Pricing Basis | None |
| Dealing Decimals | - |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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
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 ongoing charges, but take no account of product charges. Ongoing charges 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 income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.