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    M&G Select Equity

    MONTHLY PERFORMANCE (%)

    -

    Who Should Invest

    This fund is suitable for Institutional investors with an average to high risk tolerance and a long term investment horizon. The fund incorporates a more concentrated portfolio construction process; it is managed within a higher risk budget and will generally reflect higher risk measures, whether measured as active share or tracking error. Clients whose investment strategy is to blend concentrated (“higher conviction”) mandates of different active managers are well advised to consider Prudential Select Equity.

    Risk Profile

    High Risk

    Investment Objective

    To deliver long-term returns above the benchmark through superior stock selection, by using a value based approach to investing. This offering tends to take more concentrated stock positions than Core SWIX, which will reflect in a higher ex-post tracking error

    Details

    Investment Vehicles

    Segregated

    Benchmark

    Weighted composite of the FTSE/JSE Shareholder Weighted All Share Index (SWIX) and the FTSE/ JSE Capped SWIX All Share
    Index (Capped SWIX)*

    Inception Date

    November 1998

    Minimum Investment Size

    Segregated: R500 million

    Fees

    Please contact us for a proposal

    The benchmark is a market value weighted blend based on the market values and respective benchmarks of the portfolios.

    Prices

    Date Unit Price

    Fees

    • Fund Return

    • Benchmark Return

    • Outperformance

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    Our Equity Offering

    We provide two South African general equity offerings to Institutional clients, being Houseview Equity and Select Equity.  Our oldest Select Equity mandate dates back to November 1998 and the first Houseview Equity mandate to August 2004.  Both have delivered exceptional long-term performance results. All our client portfolios are managed in accordance with a consistent process using fundamental valuation techniques underpinned by a team-based research process.  This has remained materially unchanged for the past 20 years and will continue to be applied for the benefit of our clients. There are no stylistic or philosophical differences between the two institutional offerings.