Morningstar Fund Report  | 17/04/2025Print

M&G UK Sustain Paris Aligned Fund Sterling A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
M&G UK Sustain Paris Aligned Fund Sterling A Acc
Fund7.2-14.74.75.40.2
+/-Cat-9.1-3.0-3.3-2.40.8
+/-B’mrk---2.9-4.4-5.0
 
Category: UK Flex-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
16/04/2025		 GBX 5049.73
Day Change -0.24%
Morningstar Category™ UK Flex-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0031111817
Fund Size (Mil)
15/04/2025		 GBP 404.64
Share Class Size (Mil)
15/04/2025		 GBP 124.05
Max Initial Charge -
Ongoing Charge
02/04/2025		  1.10%
Investment Objective: M&G UK Sustain Paris Aligned Fund Sterling A Acc
The Fund aims torovide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period, and as its Sustainability Goal, support the mitigation of climate change by investing at least 70% of the Fund in companies that contribute towards the Paris Agreement climate change goal and have the potential to reduce their contribution to climate change determined by their potential to decarbonise their operations over time and ultimately reach Net Zero. The Fund invests at least 80% of its Net Asset Value in the equity securities and equity-related instruments of companies across any sector and market capitalisation that are incorporated, domiciled or listed in the UK. The Fund has a concentrated portfolio and usually holds fewer than 50 companies.
Returns
Trailing Returns (GBP)16/04/2025
YTD-3.70
3 Years Annualised-0.31
5 Years Annualised4.71
10 Years Annualised1.85
12 Month Yield 1.83
Management
Manager Name
Start Date
Garfield Kiff
17/06/2024
Rory Alexander
03/05/2019
Inception Date
17/12/1968

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  M&G UK Sustain Paris Aligned Fund Sterling A Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.150.0098.15
Bond0.010.000.01
Property0.000.000.00
Cash1.850.021.83
Other0.000.000.00
Top 5 Regions%
United Kingdom94.01
United States4.23
Asia - Developed1.76
Canada0.00
Latin America0.00
Top 5 Sectors%
Financial Services31.90
Consumer Defensive17.87
Healthcare15.11
Industrials13.70
Consumer Cyclical9.64
Top 5 HoldingsSector%
HSBC Holdings PLCFinancial ServicesFinancial Services8.08
AstraZeneca PLCHealthcareHealthcare6.93
Unilever PLCConsumer DefensiveConsumer Defensive6.34
London Stock Exchange Group PLCFinancial ServicesFinancial Services5.36
GSK PLCHealthcareHealthcare4.31
Increase Decrease New since last portfolio
M&G UK Sustain Paris Aligned Fund Sterling A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  M&G UK Sustain Paris Aligned Fund Sterling A Acc
Category:  UK Flex-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.7621.093.557.19-14.714.735.430.20
+/- Category0.42-2.668.57-9.14-3.02-3.27-2.430.78
+/- Category Index------2.89-4.39-4.95
% Rank in Category832739966796942
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.24   -1.73-1.70
1 Week6.67   1.522.10
1 Month-4.57   -1.00-0.66
3 Months-4.19   -2.17-4.66
6 Months-6.95   -3.82-8.37
YTD-3.70   -0.60-5.31
1 Year1.76   -0.47-5.84
3 Years Annualised-0.31   -2.97-6.15
5 Years Annualised4.71   -4.12-6.76
10 Years Annualised1.85   -2.27-3.35
 
Category: UK Flex-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.20---
20241.633.744.02-3.86
2023-0.120.370.913.53
2022-7.05-10.53-5.778.84
20210.066.790.45-0.14
2020-21.4315.851.3712.23
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAverage2 star
10-YearBelow AverageBelow Average2 star
OverallBelow AverageAverage2 star
 
Category :  UK Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.95 %
3-Yr Mean Return1.46 %
 
3-Yr Sharpe Ratio-0.18
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK Small Cap TME NR GBP
3-Yr Beta1.110.76
3-Yr Alpha-6.910.66
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 11587-
Market Capitalisation% of Equity
Giant33.37
Large19.47
Medium15.82
Small24.54
Micro6.81
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.611.18
Price/Book2.141.32
Price/Sales2.312.42
Price/Cash Flow13.711.80
Dividend-Yield Factor3.230.89
 
Long-Term Projected Earnings Growth9.050.92
Historical Earnings Growth-0.750.52
Sales Growth1.930.47
Cash-Flow Growth8.524.55
Book-Value Growth3.941.31
 
Category: UK Flex-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.150.0098.15
Bond0.010.000.01
Property0.000.000.00
Cash1.850.021.83
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States4.232.04
Canada0.000.00
Latin America0.000.00
United Kingdom94.011.01
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed1.7631.28
Asia - Emerging0.000.00
 
Category: UK Flex-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.740.36
Consumer CyclicalConsumer Cyclical9.640.76
Financial ServicesFinancial Services31.901.35
Real EstateReal Estate4.221.75
Consumer DefensiveConsumer Defensive17.871.58
HealthcareHealthcare15.111.86
IndustrialsIndustrials13.700.79
TechnologyTechnology5.821.28
 
Category: UK Flex-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings41
Total Number of Bond Holdings0
Assets in Top 10 Holdings48.11
NameSectorCountry% of Assets
HSBC Holdings PLC103United Kingdom8.08
AstraZeneca PLC206United Kingdom6.93
Unilever PLC205United Kingdom6.34
London Stock Exchange Group PLC103United Kingdom5.36
GSK PLC206United Kingdom4.31
Experian PLC310United Kingdom3.91
NatWest Group PLC103United Kingdom3.71
Diageo PLC205United Kingdom3.68
Reckitt Benckiser Group PLC205United Kingdom3.34
Burford Capital Ltd103United States2.43
 
Increase Decrease New since last portfolio
Category: UK Flex-Cap Equity
 
Management
Name of CompanyM&G Securities Ltd
Phone+44 (0)800 390 390
Websitewww.mandg.co.uk
Address10 Fenchurch Avenue
 London   EC3M 5AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date17/12/1968
Fund Advisor(s)
M&G Investment Management Limited
Fund ManagerGarfield Kiff
Manager Start Date17/06/2024
 
Biography
Garfield Kiff started managing the M&G Smaller Companies strategy in June 2015. Garfield joined M&G in 2000 from PricewaterhouseCoopers as a smaller companies analyst. He was deputy manager of the M&G Recovery strategy from 2002 until 2008, and managed the Prudential Pooled Pensions Smaller Companies strategy between 2003 and 2008. Garfield was manager of the M&G UK Growth strategy between 2007 and 2012. He became deputy manager of the UK Select strategy in 2012, when the two strategies merged. Garfield graduated from the University of Liverpool with a first class honours degree in economics in 1996 and is a CFA charterholder.
Fund ManagerRory Alexander
Manager Start Date03/05/2019
 
Biography
Rory Alexander joined M&G’s Equity Research team in 2008 as an analyst covering global transport. Over time, he added support services, media and consumer staples to his sector responsibilities, until June 2015 when he became an embedded research analyst with the UK Equities team. Since 2019, he has been managing M&G’s UK Select strategy and has been the deputy manager of the Smaller Companies strategy. Prior to joining M&G, Rory worked for St James's Place Partnership. He graduated from Bath University in 2008 with a BSc (Hons) in economics.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.10%
Ongoing Charge1.10%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings10  GBP
Tax Free Savings Schemes
ISAsYes