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M&G Episode Income A Inc

Ranked 18 out of 404 in - Balanced GBP over 12 months
All calculations are in GBP unless stated

Managed by

Steven Andrew

As a fund manager at M&G, Steven Andrew is responsible for the M&G Episode Income Fund, which he has run since first becoming a fund manager for the company in 2010. The fund follows a top-down investment style, focusing on macro factors with a behavioural finance overlay. This investment philosophy has allowed the fund to offer returns in various market conditions, and Andrew believes that the fund is robust enough to continue to do so in the future. Andrew studied Financial Economics at the University of London.

Objective

The fund manager adopts a flexible approach to the allocation of capital between asset classes in response to changes in economic conditions and the valuation of assets. The Fund invests in transferable securities, fixed income assets (including corporate bonds and government and public securities), warrants, cash, and near cash. Exposure to these assets, and to property, may be gained via collective investment schemes and derivatives (including equity index futures, currency forwards, interest rate swaps, and other liquid derivatives). The manager may seek to minimise currency risk through the combination of diversification and hedging. Derivatives may also be used for efficient portfolio management purposes. More than 70% of the Fund will be in sterling or hedged back to sterling.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Balanced GBP over : 30/04/2017 - 30/04/2018
  • Rank 18/404 Total Return
  • Rank 31/404 Standard Deviation
  • Rank 17/404 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -0.8%
2017 9.6% 3.0% 2.3% 0.5% 3.5%
2016 14.3% 2.4% 0.7% 4.9% 5.6%
2015 -2.8% 4.9% -4.2% -5.8% 2.7%
2014 13.5% 3.2% 4.0% 0.7% 5.0%
2013 7.2% 7.3% -3.0% 2.2% 0.8%
2012 8.1% 3.0% -0.6% 4.0% 1.4%
2011 6.3% 0.0% 3.0% -0.8% 4.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date11/11/2010
  • Share Class size809Mn
  • Base currencyGBP
  • ISIN GB00B4054K09

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.35%
  • Initial investment4

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).