M&G European Sustain Paris Aligned Fund Sterling A Acc

Category Europe ex-UK Equity


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Last buy/sell price

732.89p

arrow-down-3.03p (-0.41%)

Fund Code

3092781

GB0030927817

Prices updated as at 25 Oct 2024
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Prices in GBX

Investment objective
The Fund has two aims: To provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than that of the MSCI Europe ex UK Index over any five-year period, and; To invest in companies that contribute towards the Paris Agreement climate change goal. At least 80% of the Fund is invested directly in equity securities and equity-related securities of companies across any sector and market capitalisation that are incorporated, domiciled or listed in Europe, excluding the UK. The Fund has a concentrated portfolio and usually holds fewer than 35 companies. The Fund invests in securities that meet the ESG Criteria and Sustainability Criteria.

Company name
M&G Securities Ltd
Fund launch date
29 Apr 1985
Domicile
United Kingdom
UCITS
Yes
Lead manager
John Olsen
Lead manager start date
01 Jul 2014
Lead fund manager biography
John William Olsen, a Danish national, has been the manager of the M&G Positive Impact strategy since launch in November 2018. Two years later, John William became deputy manager of the M&G Climate Solutions strategy upon launch. He joined M&G in April 2014 and was appointed manager of the M&G Global Select and M&G Pan European Select strategies in July 2014 and, two years later, deputy manager of the M&G Pan European Select Smaller Companies strategy. John William joined M&G from Danske Capital, where from 2002 he had managed non-domestic equity portfolios, including the Global Stock Picking, Global Select and European Select strategies. He joined Danske Capital in 1998 as a fund manager on the domestic Danish equities team, and in 2000 also became a global sector analyst focusing on technology and telecommunications stocks. John William gained a BA in business economics and then an MSc in finance and accounting from Copenhagen Business School.
Head office
10 Fenchurch Avenue
London
United Kingdom
EC3M 5AG
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