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M&G Smaller Companies Class I - Income (GBP)

Sell:1,964.82p Buy:1,964.82p Change: 20.10p (1.03%)
Prices as at 24 December 2024
Sell:1,964.82p
Buy:1,964.82p
Change: 20.10p (1.03%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 24 December 2024
Sell:1,964.82p
Buy:1,964.82p
Change: 20.10p (1.03%)
Prices as at 24 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

Smaller companies in the UK are among the most innovative and exciting around. They can be pioneers of an emerging industry, and adapt quickly to new opportunities. We think their long-term growth prospects are compelling. Some will blossom into the giants of tomorrow. But others will struggle or fail altogether, so they are higher risk. Unlike larger companies such as Tesco or Vodafone, which might have dozens of analysts poring over their accounts, smaller companies tend to be less researched. They might only have one or two analysts covering them which creates opportunities for eagle-eyed fund managers to spot hidden gems. Over the past decade, innovations such as the internet have allowed smaller companies to level the playing field with larger rivals. Even so, they tend to be more sensitive to the UK economy then larger companies so you should expect more ups and downs along the way. We think UK smaller companies could be a great addition to a diversified portfolio able to accept the increased volatility.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/12/19 to 24/12/20 24/12/20 to 24/12/21 24/12/21 to 24/12/22 24/12/22 to 24/12/23 24/12/23 to 24/12/24
Annual return -3.96% 21.90% -23.41% -1.11% 8.13%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: James Taylor
Manager start date: 30 June 2021
Manager located in: TBC

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.

manager photo
Manager Name: Garfield Kiff
Manager start date: 1 June 2015
Manager located in: London

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.

Manager Name: Hilary Aldridge
Manager start date: 30 June 2021
Manager located in: TBC

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.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account