M&G Episode Income Class PP GBP Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
|
|---|---|---|---|---|---|
| Fund | n/a | 14.5% | -6.4% | 4.3% | 6.5% |
| Sector | -0.6% | 12.7% | -7.1% | 1.2% | 9.4% |
| Rank | 112/147 | 66/155 | 69/165 | 15/173 | 176/188 |
| Quartile | 4 | 2 | 2 | 1 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
||
| Fund | 1.3% | n/a | n/a | |
| Sector | 0.9% | 2.9% | 3.8% | |
| Rank | 73/165 | 86/147 | n/a | |
| Quartile | 2 | 3 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TREASURY BOND 3% 15/08/2052 | 6.28 |
| TREASURY NOTE 3.5% 15/02/2033 | 5.05 |
| 3¼% Treasury Gilt 2033 | 5.01 |
| 3¾% Treasury Gilt 2053 | 4.27 |
| MEXICO (UNITED MEXICAN STATES) 1% 05/12/2024 | 1.64 |
| BRAZIL FEDERATIVE REPUBLIC OF 1% 01/01/2025 | 1.63 |
| ½% Treasury Gilt 2061 | 1.61 |
| SOUTH AFRICA (REPUBLIC OF) 8% 31/01/2030 | 1.61 |
| COLOMBIA REPUBLIC OF (GOVERNMENT) 6% 28/04/2028 | 1.59 |
| EXXON MOBIL CORPORATION | 1.56 |
| Total | 30.24 |
Fund Aims
The Fund aims to provide:
• a growing level of income over any three‐ year period; and
• capital growth of 2‐4% per annum, net of the Ongoing Charge Figure, over any three‐ year period.
There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested
Fund Manager
Steven Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team, before moving to the Multi Asset team, where he helped to formulate asset allocation strategies for M&G's multi-asset fund range. In November 2010, Steven was appointed manager of the newly launched M&G Income Multi Asset Fund. Before joining M&G, Steven worked at F&C Asset Management, Merrill Lynch and the Bank of England. He graduated from the University of London in 1997 with a degree in financial economics.
- Stefano Amato joins M&G from Santander Asset Management as Head of Multi Asset Solutions in November 2022.
- Previously he worked in portfolio management roles at J.P. Morgan and Centurion Group, and held positions at Société Générale, Nomura and Lehman Brothers.
- He holds a MSc in Finance from London Business School, along with a Masters in Behavioural Economics and a BA in Communication Sciences and Technologies from IULM University in Milan.
Fund Overview
| Mid (26/07/2024) | 96.67p |
| Historic yield | 3.90% |
| Fund size (31/05/2024) | £332.60m |
| Number of holdings | 656 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.57% |
| Launch date | 11/11/2010 |
Asset Allocation
| International Equities | 42.98% | |
| International Bonds | 31.09% | |
| UK Gilts | 10.90% | |
| UK Corporate Bonds | 2.57% | |
| Cash and Equivalents | 2.15% | |
| UK Equities | 1.53% | |
| Property | 0.17% | |
| Alternative Trading Strategies | 0.02% | |
| Other Assets | 8.58% |
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 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
| International Equities | 42.98% | |
| International Bonds | 31.09% | |
| UK Gilts | 10.90% | |
| UK Corporate Bonds | 2.57% | |
| Cash and Equivalents | 2.15% | |
| UK Equities | 1.53% | |
| Property | 0.17% | |
| Alternative Trading Strategies | 0.02% | |
| Other Assets | 8.58% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 44.56% | - | - | - | |
| Non-Classified | 8.58% | - | - | - | |
| Non-Classified | - | 1.98% | - | - | |
| Non-Classified | - | - | 1.98% | - | |
| Non-Classified | - | - | - | 1.98% | |
| Technology | 8.25% | - | - | - | |
| Technology | - | 8.25% | - | - | |
| Technology Hardware & Equipment | - | - | 5.38% | - | |
| Semiconductors | - | - | - | 3.19% | |
| Computer Hardware | - | - | - | 1.67% | |
| Production Technology Equipment | - | - | - | 0.22% | |
| Electronic Components | - | - | - | 0.22% | |
| Electronic Office Equipment | - | - | - | 0.09% | |
| Software & Computer Services | - | - | 2.86% | - | |
| Software | - | - | - | 2.12% | |
| Computer Services | - | - | - | 0.74% | |
| Consumer Digital Services | - | - | - | 0.01% | |
| Consumer Staples | 6.63% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.58% | - | - | |
| Beverages | - | - | 2.15% | - | |
| Soft Drinks | - | - | - | 1.68% | |
| Distillers & Vintners | - | - | - | 0.35% | |
| Brewers | - | - | - | 0.12% | |
| Food Producers | - | - | 1.42% | - | |
| Food Products | - | - | - | 1.42% | |
| Personal Care, Drug & Grocery Stores | - | 3.06% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.06% | - | |
| Personal Products | - | - | - | 2.28% | |
| Food Retailers & Wholesalers | - | - | - | 0.35% | |
| Drug Retailers | - | - | - | 0.24% | |
| Nondurable Household Products | - | - | - | 0.18% | |
| Health Care | 6.42% | - | - | - | |
| Health Care | - | 6.42% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 5.94% | - | |
| Pharmaceuticals | - | - | - | 5.94% | |
| Medical Equipment & Services | - | - | 0.45% | - | |
| Medical Equipment | - | - | - | 0.37% | |
| Medical Supplies | - | - | - | 0.05% | |
| Medical Services | - | - | - | 0.03% | |
| Health Care Providers | - | - | 0.03% | - | |
| Health Care Services | - | - | - | 0.03% | |
| Financials | 5.54% | - | - | - | |
| Insurance | - | 2.51% | - | - | |
| Non-life Insurance | - | - | 1.78% | - | |
| Full Line Insurance | - | - | - | 0.99% | |
| Property & Casualty Insurance | - | - | - | 0.44% | |
| Reinsurance | - | - | - | 0.35% | |
| Life Insurance | - | - | 0.73% | - | |
| Life Insurance | - | - | - | 0.73% | |
| Financial Services | - | 1.74% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.71% | - | |
| Asset Managers & Custodians | - | - | - | 1.12% | |
| Investment Services | - | - | - | 0.56% | |
| Diversified Financial Services | - | - | - | 0.03% | |
| Finance & Credit Services | - | - | 0.03% | - | |
| Consumer Lending | - | - | - | 0.03% | |
| Banks | - | 1.28% | - | - | |
| Banks | - | - | 1.28% | - | |
| Banks | - | - | - | 1.28% | |
| Industrials | 4.42% | - | - | - | |
| Industrial Goods & Services | - | 3.54% | - | - | |
| General Industrials | - | - | 0.96% | - | |
| Diversified Industrials | - | - | - | 0.77% | |
| Containers & Packaging | - | - | - | 0.17% | |
| Glass | - | - | - | 0.02% | |
| Industrial Transportation | - | - | 0.77% | - | |
| Delivery Services | - | - | - | 0.45% | |
| Commercial Vehicles & Parts | - | - | - | 0.15% | |
| Marine Transportation | - | - | - | 0.13% | |
| Trucking | - | - | - | 0.04% | |
| Electronic & Electrical Equipment | - | - | 0.69% | - | |
| Electrical Components | - | - | - | 0.29% | |
| Electronic Equipment: Other | - | - | - | 0.21% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.17% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.02% | |
| Industrial Support Services | - | - | 0.68% | - | |
| Professional Business Support Services | - | - | - | 0.34% | |
| Industrial Suppliers | - | - | - | 0.23% | |
| Transaction Processing Services | - | - | - | 0.06% | |
| Security Services | - | - | - | 0.04% | |
| Business Training & Employment Agencies | - | - | - | 0.02% | |
| Industrial Engineering | - | - | 0.44% | - | |
| Machinery: Industrial | - | - | - | 0.16% | |
| Machinery: Engines | - | - | - | 0.14% | |
| Machinery: Construction & Handling | - | - | - | 0.10% | |
| Machinery: Tools | - | - | - | 0.05% | |
| Construction & Materials | - | 0.88% | - | - | |
| Construction & Materials | - | - | 0.88% | - | |
| Cement | - | - | - | 0.37% | |
| Construction | - | - | - | 0.27% | |
| Building Materials: Other | - | - | - | 0.12% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.07% | |
| Building: Climate Control | - | - | - | 0.05% | |
| Consumer Discretionary | 4.11% | - | - | - | |
| Retail | - | 1.79% | - | - | |
| Retailers | - | - | 1.79% | - | |
| Home Improvement Retailers | - | - | - | 1.07% | |
| Diversified Retailers | - | - | - | 0.45% | |
| Apparel Retailers | - | - | - | 0.17% | |
| Specialty Retailers | - | - | - | 0.10% | |
| Automobiles & Parts | - | 1.52% | - | - | |
| Automobiles & Parts | - | - | 1.52% | - | |
| Automobiles | - | - | - | 1.20% | |
| Tires | - | - | - | 0.17% | |
| Auto Parts | - | - | - | 0.14% | |
| Consumer Products & Services | - | 0.53% | - | - | |
| Leisure Goods | - | - | 0.29% | - | |
| Electronic Entertainment | - | - | - | 0.18% | |
| Consumer Electronics | - | - | - | 0.08% | |
| Recreational Vehicles & Boats | - | - | - | 0.03% | |
| Household Goods & Home Construction | - | - | 0.16% | - | |
| Home Construction | - | - | - | 0.09% | |
| Household Equipment & Products | - | - | - | 0.07% | |
| Personal Goods | - | - | 0.09% | - | |
| Clothing & Accessories | - | - | - | 0.09% | |
| Media | - | 0.21% | - | - | |
| Media | - | - | 0.21% | - | |
| Media Agencies | - | - | - | 0.18% | |
| Publishing | - | - | - | 0.03% | |
| Travel & Leisure | - | 0.06% | - | - | |
| Travel & Leisure | - | - | 0.06% | - | |
| Restaurants & Bars | - | - | - | 0.06% | |
| Energy | 3.98% | - | - | - | |
| Energy | - | 3.98% | - | - | |
| Non-Renewable Energy | - | - | 3.96% | - | |
| Integrated Oil & Gas | - | - | - | 3.10% | |
| Oil Refining and Marketing | - | - | - | 0.44% | |
| Oil: Crude Producers | - | - | - | 0.27% | |
| Pipelines | - | - | - | 0.16% | |
| Renewable Energy | - | - | 0.02% | - | |
| Renewable Energy Equipment | - | - | - | 0.02% | |
| Telecommunications | 2.44% | - | - | - | |
| Telecommunications | - | 2.44% | - | - | |
| Telecommunications Service Providers | - | - | 1.59% | - | |
| Telecommunications Services | - | - | - | 1.07% | |
| Cable Television Services | - | - | - | 0.52% | |
| Telecommunications Equipment | - | - | 0.85% | - | |
| Telecommunications Equipment | - | - | - | 0.85% | |
| Cash and Equivalents | 2.15% | - | - | - | |
| Utilities | 1.94% | - | - | - | |
| Utilities | - | 1.94% | - | - | |
| Electricity | - | - | 1.42% | - | |
| Conventional Electricity | - | - | - | 1.42% | |
| Gas, Water & Multi-utilities | - | - | 0.52% | - | |
| Multi-Utilities | - | - | - | 0.37% | |
| Gas Distribution | - | - | - | 0.12% | |
| Water | - | - | - | 0.03% | |
| Basic Materials | 0.72% | - | - | - | |
| Basic Resources | - | 0.48% | - | - | |
| Industrial Metals & Mining | - | - | 0.26% | - | |
| Iron & Steel | - | - | - | 0.11% | |
| General Mining | - | - | - | 0.05% | |
| Nonferrous Metals | - | - | - | 0.05% | |
| Copper | - | - | - | 0.04% | |
| Metal Fabricating | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.12% | - | |
| Gold Mining | - | - | - | 0.12% | |
| Industrial Materials | - | - | 0.10% | - | |
| Paper | - | - | - | 0.10% | |
| Chemicals | - | 0.24% | - | - | |
| Chemicals | - | - | 0.24% | - | |
| Specialty Chemicals | - | - | - | 0.11% | |
| Fertilizers | - | - | - | 0.09% | |
| Chemicals: Diversified | - | - | - | 0.04% | |
| Real Estate | 0.24% | - | - | - | |
| Real Estate | - | 0.24% | - | - | |
| Real Estate Investment Trusts | - | - | 0.17% | - | |
| Residential REITs | - | - | - | 0.17% | |
| Real Estate Investment & Services | - | - | 0.07% | - | |
| Real Estate Holding and Development | - | - | - | 0.07% | |
| Alternative Trading Strategies | 0.02% | - | - | - | |
| Alternative Trading Strategies | - | 0.02% | - | - | |
| Alternative Trading Strategies | - | - | 0.02% | - | |
| Alternative Trading Strategies | - | - | - | 0.02% | |
Regional Allocation
| North America | 40.78% | |
| UK | 15.01% | |
| Developed Europe - Excl UK | 14.24% | |
| Non-Classified | 9.58% | |
| South & Central America | 7.27% | |
| Japan | 3.07% | |
| Emerging Europe | 2.72% | |
| Cash and Equivalents | 2.15% | |
| Emerging Asia | 1.77% | |
| Other Regions | 3.40% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 53.29% | |
| US Dollar | 13.14% | |
| Pound Sterling | 12.01% | |
| Euro | 5.76% | |
| Cash | 2.15% | |
| Mexican Peso | 1.64% | |
| Other Currencies | 12.02% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 40.78% | - | |
United States
|
- | 39.57% | |
Canada
|
- | 1.21% | |
| UK | 15.01% | - | |
United Kingdom
|
- | 15.01% | |
| Developed Europe - Excl UK | 14.24% | - | |
Switzerland
|
- | 3.50% | |
France
|
- | 2.77% | |
Germany
|
- | 2.04% | |
Netherlands
|
- | 1.76% | |
Spain
|
- | 1.07% | |
Sweden
|
- | 1.05% | |
Ireland
|
- | 0.88% | |
Portugal
|
- | 0.32% | |
Luxembourg
|
- | 0.31% | |
Finland
|
- | 0.22% | |
Italy
|
- | 0.19% | |
Denmark
|
- | 0.11% | |
Belgium
|
- | 0.02% | |
Austria
|
- | 0.02% | |
| Non-Classified | 9.58% | - | |
| South & Central America | 7.27% | - | |
Mexico
|
- | 1.64% | |
Brazil
|
- | 1.63% | |
Colombia
|
- | 1.59% | |
Peru
|
- | 1.23% | |
Chile
|
- | 1.19% | |
| Japan | 3.07% | - | |
Japan
|
- | 3.07% | |
| Emerging Europe | 2.72% | - | |
Turkey
|
- | 1.21% | |
Poland
|
- | 1.21% | |
Greece
|
- | 0.31% | |
| Cash and Equivalents | 2.15% | - | |
| Emerging Asia | 1.77% | - | |
Indonesia
|
- | 1.20% | |
Philippines
|
- | 0.57% | |
| Middle East & Africa | 1.61% | - | |
South Africa
|
- | 1.61% | |
| Developed Asia | 0.95% | - | |
Singapore
|
- | 0.70% | |
Hong Kong
|
- | 0.25% | |
| Australia & New Zealand | 0.67% | - | |
Australia
|
- | 0.67% | |
| Property | 0.17% | - | |
Breakdown By Market Cap (%)
| Mega |
|
37.01% |
| Large |
|
6.23% |
| Medium |
|
0.61% |
| Micro |
|
0.18% |
| Non-Classified |
|
9.25% |
| Bonds |
|
44.56% |
| Cash |
|
2.15% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
25.18% |
| 5Yr - 10Yr Maturity |
|
12.90% |
| 10Yr - 15Yr Maturity |
|
0.57% |
| > 15Yr Maturity |
|
5.91% |
| Cash And Equivalents |
|
2.15% |
| Unknown Maturity |
|
6.59% |
| Other Asset Types |
|
46.69% |
Fixed Interest Quality Profile
| AAA |
|
6.23% |
| AA |
|
10.90% |
| A |
|
2.42% |
| BBB |
|
8.49% |
| Sub-Investment Grade |
|
8.83% |
| Unknown Quality |
|
7.70% |
| Cash and Equivalents |
|
2.15% |
| Other Asset Types |
|
53.29% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TREASURY BOND 3% 15/08/2052 | 6.28% | Non-Classified | Non-Classified |
| 2 | TREASURY NOTE 3.5% 15/02/2033 | 5.05% | Bonds | United States |
| 3 | 3¼% Treasury Gilt 2033 | 5.01% | Bonds | United Kingdom |
| 4 | 3¾% Treasury Gilt 2053 | 4.27% | Bonds | United Kingdom |
| 5 | MEXICO (UNITED MEXICAN STATES) 1% 05/12/2024 | 1.64% | Bonds | Mexico |
| 6 | BRAZIL FEDERATIVE REPUBLIC OF 1% 01/01/2025 | 1.63% | Bonds | Brazil |
| 7 | ½% Treasury Gilt 2061 | 1.61% | Bonds | United Kingdom |
| 8 | SOUTH AFRICA (REPUBLIC OF) 8% 31/01/2030 | 1.61% | Bonds | South Africa |
| 9 | COLOMBIA REPUBLIC OF (GOVERNMENT) 6% 28/04/2028 | 1.59% | Bonds | Colombia |
| 10 | EXXON MOBIL CORPORATION | 1.56% | Non-Renewable Energy | United States |
Important Information
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 | BK7XXB3 |
| Mex Code | - |
| Isin Code | GB00BK7XXB34 |
| Citi Code | QGNB |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.57% |
Aims and Benchmark
| Aims | The Fund aims to provide: • a growing level of income over any three‐ year period; and • capital growth of 2‐4% per annum, net of the Ongoing Charge Figure, over any three‐ year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested |
| Benchmark | n/a |
| Benchmark Category | - |
| IA Sector | Mixed Investment 20-60% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Monthly |
| 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 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
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 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.