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 FTSE All-Share Index over any five-year period.
Fund Manager
Michael Stiasnymanager
for
3 years
and 6 months
Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in 2005. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford. He is a CFA charterholder.
Fund Overview
Mid (26/07/2024)
98.63p
Historic yield
3.06%
Fund size (31/05/2024)
£1173.08m
Number of holdings
77
Entry Charge
0.00%
Ongoing Charges
0.59%
Launch date
23/05/1969
Asset Allocation
UK Equities
90.23%
International Equities
8.65%
Cash and Equivalents
0.54%
Alternative Trading Strategies
0.31%
Property
0.24%
Other Assets
0.03%
Portfolio data accurate as at: 31/05/24
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.
Portfolio data accurate as at:
Asset Allocation
UK Equities
90.23%
International Equities
8.65%
Cash and Equivalents
0.54%
Alternative Trading Strategies
0.31%
Property
0.24%
Other Assets
0.03%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Financials
20.67%
-
-
-
Banks
-
10.80%
-
-
Banks
-
-
10.80%
-
Banks
-
-
-
10.80%
Insurance
-
7.49%
-
-
Non-life Insurance
-
-
4.71%
-
Property & Casualty Insurance
-
-
-
3.34%
Full Line Insurance
-
-
-
1.38%
Life Insurance
-
-
2.78%
-
Life Insurance
-
-
-
2.78%
Financial Services
-
2.38%
-
-
Investment Banking & Brokerage Services
-
-
2.38%
-
Asset Managers & Custodians
-
-
-
2.38%
Health Care
16.63%
-
-
-
Health Care
-
16.63%
-
-
Pharmaceuticals & Biotechnology
-
-
15.41%
-
Pharmaceuticals
-
-
-
10.75%
Biotechnology
-
-
-
4.66%
Medical Equipment & Services
-
-
1.22%
-
Medical Equipment
-
-
-
1.22%
Energy
12.19%
-
-
-
Energy
-
12.19%
-
-
Non-Renewable Energy
-
-
11.71%
-
Integrated Oil & Gas
-
-
-
10.65%
Oil: Crude Producers
-
-
-
1.06%
Renewable Energy
-
-
0.48%
-
Alternative Fuels
-
-
-
0.48%
Consumer Discretionary
11.44%
-
-
-
Media
-
5.43%
-
-
Media
-
-
5.43%
-
Media Agencies
-
-
-
3.25%
Radio & TV Broadcasters
-
-
-
1.40%
Publishing
-
-
-
0.78%
Consumer Products & Services
-
3.21%
-
-
Consumer Services
-
-
2.47%
-
Vending & Catering Service
-
-
-
2.47%
Personal Goods
-
-
0.73%
-
Clothing & Accessories
-
-
-
0.73%
Travel & Leisure
-
2.57%
-
-
Travel & Leisure
-
-
2.57%
-
Casinos & Gambling
-
-
-
1.13%
Travel & Tourism
-
-
-
0.81%
Hotels & Motels
-
-
-
0.62%
Retail
-
0.24%
-
-
Retailers
-
-
0.24%
-
Specialty Retailers
-
-
-
0.24%
Industrials
11.24%
-
-
-
Industrial Goods & Services
-
6.65%
-
-
Industrial Support Services
-
-
2.25%
-
Professional Business Support Services
-
-
-
1.57%
Business Training & Employment Agencies
-
-
-
0.68%
General Industrials
-
-
1.96%
-
Diversified Industrials
-
-
-
1.26%
Containers & Packaging
-
-
-
0.71%
Industrial Transportation
-
-
1.75%
-
Delivery Services
-
-
-
1.75%
Industrial Engineering
-
-
0.69%
-
Machinery: Industrial
-
-
-
0.69%
Construction & Materials
-
4.59%
-
-
Construction & Materials
-
-
4.59%
-
Construction
-
-
-
2.90%
Engineering & Contracting Services
-
-
-
1.20%
Building Materials: Other
-
-
-
0.49%
Consumer Staples
9.08%
-
-
-
Food, Beverage & Tobacco
-
4.65%
-
-
Tobacco
-
-
2.35%
-
Tobacco
-
-
-
2.35%
Food Producers
-
-
2.30%
-
Food Products
-
-
-
1.76%
Farming, Fishing, Ranching & Plantations
-
-
-
0.54%
Personal Care, Drug & Grocery Stores
-
4.44%
-
-
Personal Care, Drug & Grocery Stores
-
-
4.44%
-
Personal Products
-
-
-
2.37%
Food Retailers & Wholesalers
-
-
-
1.37%
Nondurable Household Products
-
-
-
0.70%
Basic Materials
8.40%
-
-
-
Basic Resources
-
6.81%
-
-
Industrial Metals & Mining
-
-
6.81%
-
General Mining
-
-
-
5.01%
Copper
-
-
-
1.03%
Nonferrous Metals
-
-
-
0.77%
Chemicals
-
1.59%
-
-
Chemicals
-
-
1.59%
-
Chemicals: Diversified
-
-
-
1.59%
Utilities
5.01%
-
-
-
Utilities
-
5.01%
-
-
Gas, Water & Multi-utilities
-
-
3.51%
-
Multi-Utilities
-
-
-
2.51%
Water
-
-
-
0.99%
Electricity
-
-
1.51%
-
Conventional Electricity
-
-
-
1.51%
Technology
1.67%
-
-
-
Technology
-
1.67%
-
-
Software & Computer Services
-
-
1.67%
-
Computer Services
-
-
-
0.66%
Consumer Digital Services
-
-
-
0.61%
Software
-
-
-
0.40%
Telecommunications
1.64%
-
-
-
Telecommunications
-
1.64%
-
-
Telecommunications Service Providers
-
-
1.64%
-
Telecommunications Services
-
-
-
1.64%
Real Estate
1.14%
-
-
-
Real Estate
-
1.14%
-
-
Real Estate Investment Trusts
-
-
1.14%
-
Office REITs
-
-
-
0.90%
Diversified REITs
-
-
-
0.24%
Cash and Equivalents
0.54%
-
-
-
Alternative Trading Strategies
0.31%
-
-
-
Alternative Trading Strategies
-
0.31%
-
-
Alternative Trading Strategies
-
-
0.31%
-
Alternative Trading Strategies
-
-
-
0.31%
Non-Classified
0.03%
-
-
-
Regional Allocation
UK
93.04%
Developed Europe - Excl UK
3.60%
Australia & New Zealand
1.51%
North America
1.03%
Cash and Equivalents
0.54%
Property
0.24%
Non-Classified
0.03%
Fixed Interest Currencies
Non-Fixed Interest Assets
99.41%
Cash
0.58%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
93.04%
-
United Kingdom
-
90.54%
Jersey
-
1.38%
Isle of Man
-
1.13%
Developed Europe - Excl UK
3.60%
-
Ireland
-
3.60%
Australia & New Zealand
1.51%
-
Australia
-
1.51%
North America
1.03%
-
Canada
-
1.03%
Cash and Equivalents
0.54%
-
Property
0.24%
-
Non-Classified
0.03%
-
Breakdown By Market Cap (%)
Mega
29.89%
Large
9.03%
Medium
16.30%
Small
11.38%
Micro
3.18%
Non-Classified
29.67%
Cash
0.54%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
BP
7.64%
Non-Renewable Energy
United Kingdom
2
HSBC HOLDINGS
6.54%
Banks
United Kingdom
3
ASTRAZENECA
4.48%
Pharmaceuticals & Biotechnology
United Kingdom
4
GSK
4.10%
Pharmaceuticals & Biotechnology
United Kingdom
5
SHELL
3.01%
Non-Renewable Energy
United Kingdom
6
KENMARE RESOURCES
2.98%
Industrial Metals & Mining
Ireland
7
ROYAL BANK OF SCOTLAND GROUP
2.50%
Banks
United Kingdom
8
COMPASS GROUP
2.47%
Consumer Services
United Kingdom
9
UNILEVER
2.37%
Personal Care, Drug & Grocery Stores
United Kingdom
10
IMPERIAL BRANDS
2.35%
Tobacco
United Kingdom
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
1.67%
-
-
-
-
-
-
-
1.67%
Telecommunications
1.64%
-
-
-
-
-
-
-
1.64%
Financials
19.30%
1.38%
-
-
-
-
-
-
20.67%
Real Estate
0.90%
-
-
-
-
0.24%
0.17%
-
1.30%
Consumer Discretionary
9.69%
1.75%
-
-
-
-
-
-
11.44%
Consumer Staples
9.08%
-
-
-
-
-
-
-
9.08%
Energy
12.19%
-
-
-
-
-
-
-
12.19%
Utilities
5.01%
-
-
-
-
-
0.14%
-
5.16%
Health Care
15.11%
1.51%
-
-
-
-
-
-
16.63%
Industrials
11.24%
-
-
-
-
-
-
-
11.24%
Basic Materials
4.40%
4.01%
-
-
-
-
-
-
8.40%
Cash and Equivalents
-
-
-
-
-
-
-
0.54%
0.54%
Non-Classified
-
-
-
-
-
-
0.03%
-
0.03%
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
BG03Y86
Mex Code
-
Isin Code
GB00BG03Y868
Citi Code
Q4RD
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.59%
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 FTSE All-Share Index over any five-year period.
Benchmark
FTSE All-Share Index
Benchmark Category
Target
IA Sector
UK All Companies
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£0.85
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
Email
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.