M&G NAACIF Acc GBP
Latest (Mid) Price:
GBX 9,185.46
Day Change:
-0.58%
| Shares Class | Inc. |
|---|---|
| Yield | 3.93 |
| Total Expense Ratio | 0.62 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 188,190,000.00 | Launch Date | 03/07/1962 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1.00 | Total Expense Ratio (%) | 0.62 |
| ISIN | GB0005527386 | Min Topup (£) | 1.00 | Ongoing Charge (%) | 0.6200 (on 01/05/2019) |
Fund Objective
The fund is designed to provide almshouses with a high income and security of capital assets from their investment. The Trustee has complete discretionwith regard to the choice of investments; currently the equity content of the fund is invested in Charifund and the fixed interest content in Charibond shares, and as from June 2012 the fund will also invest in the M&G Global Dividend Fund.
Fund Managers
Tristan Hanson
Tristan Hanson was appointed fund manager of the M&G Global Target Return Fund upon its launch in December 2016, and deputy fund manager of NAACIF in April 2018. Tristan has over 15 years of experience in asset management and joined M&G in April 2016 from Ashburton Investments, where he started in 2008 and was appointed Head of Asset Allocation with responsibility for global multi-asset funds in 2010. Prior to this, Tristan worked as a Strategist at JP Morgan Cazenove from 1999 to 2006, covering equities, fixed income and currencies. Tristan holds a Master in Public Administration in International Development from Harvard University’s Kennedy School of Government and a BA (Hons) in Economics from Durham University. He is a Chartered Fellow of the CISI.
Jenny Rodgers
Jenny Rodgers joined Prudential Portfolio Managers (now M&G) in 1994, initially analysing European equity markets and acting as a portfolio manager for external clients. She has been part of what is today the Macro & Multi Asset team since it was established in 1999. In January 2011, Jenny was appointed co-fund manager of the M&G Episode Growth Fund, and in September 2016 took over the management of one of M&G’s charity funds, the National Association of Almshouses Common Investment Fund. Jenny is a CFA charterholder and has a BA Honours in Economics from Exeter University.
Asset Breakdown
| Name | Weight |
|---|---|
| Australian Equities | 0.72% |
| Australian Fixed Interest | 0.08% |
| Austrian Fixed Interest | 0.09% |
| Canadian Equities | 2.94% |
| Canadian Fixed Interest | 0.01% |
| Dutch Fixed Interest | 0.14% |
| Finnish Equities | 0.47% |
| French Equities | 1.00% |
| French Fixed Interest | 0.14% |
| German Equities | 0.52% |
| German Fixed Interest | 0.13% |
| Japanese Equities | 0.47% |
| Mexican Fixed Interest | 0.19% |
| Money Market | 6.58% |
| New Zealand Fixed Interest | 0.12% |
| Norwegian Equities | 0.59% |
| Others | 3.61% |
| Singapore Equities | 0.24% |
| South African Equities | 0.54% |
| Swiss Equities | 2.80% |
| Swiss Fixed Interest | 0.32% |
| UK Equities | 56.75% |
| UK Fixed Interest | 8.46% |
| US Equities | 12.37% |
| US Fixed Interest | 0.73% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 1.30% |
| Austria | 0.10% |
| Canada | 4.17% |
| Denmark | 0.59% |
| Finland | 0.41% |
| France | 1.91% |
| Germany | 0.99% |
| Guernsey | 0.32% |
| Hong Kong | 3.20% |
| Ireland | 0.66% |
| Japan | 0.88% |
| Jersey | 0.93% |
| Korea | 0.31% |
| Mauritius | 0.27% |
| Mexico | 0.04% |
| Money Market | 6.53% |
| Netherlands | 0.35% |
| New Zealand | 0.12% |
| Norway | 0.55% |
| Singapore | 0.63% |
| South Africa | 0.49% |
| Sweden | 0.40% |
| Switzerland | 3.14% |
| Taiwan | 0.26% |
| Turkey | 0.05% |
| UK | 60.15% |
| USA | 11.25% |
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 5.60% |
| Consumer Goods | 6.80% |
| Consumer Services | 7.60% |
| Financials | 27.40% |
| Health Care | 10.50% |
| Industrials | 6.40% |
| Money Market | 6.50% |
| Oil & Gas | 9.60% |
| Others | 7.10% |
| Technology | 4.00% |
| Telecommunications | 3.30% |
| Utilities | 5.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| M&G CHARIFUND A ACC GBP | 59.00% |
| M&G GLOBAL DIVIDEND A INC EUR | 24.80% |
| CHARIBOND | 10.60% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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