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M&G North American Dividend A Inc

Ranked 84 out of 151 in - North America over 12 months
All calculations are in GBP

Managed by

Aled Smith

Aled Smith takes charge of several UK domiciled funds, adopting a value and growth approach for the M&G American fund and an income and capital growth stock selection style for the M&G Global Leaders fund. Prior to joining M&G Smith had an eight-year stint at JP Morgan including four years as a specialist senior analyst for the media sector. He began his career as an actuarial consultant at Coopers & Lybrand in 1989. Smith holds a mathematics degree from Lincoln College, Oxford University.


The Fund aims to maximise total return (the combination of capital growth and income) whilst aiming to grow distributions over the long term. The Fund will invest mainly in North American equities and may invest across all sectors and market capitalisations. The Fund may also invest in transferable securities issued by companies which are listed, registered or trading within North America and in collective investment schemes. Cash and near cash may be held for ancillary purposes and derivatives, including warrants, may be used for efficient portfolio management and hedging purposes.


North America over : 31/05/2014 - 31/05/2015

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 5.7%
2014 16.6% 0.3% 1.3% 3.4% 11.0%
2013 26.9% 19.6% 1.2% -1.1% 6.1%
2012 7.9% 8.1% -1.8% 1.9% -0.3%
2011 -7.7% 1.1% -3.6% -15.0% 11.4%
2010 21.2% 12.0% -12.3% 7.3% 15.1%
2009 19.2% -8.2% 2.9% 20.5% 4.7%
2008 -17.4% -9.2% -2.2% 0.6% -7.5%
2007 2.6% 1.1% 5.4% -3.1% -0.5%
2006 7.1% 8.1% -5.4% 1.9% 2.8%
2005 24.0% 0.1% 8.4% 9.7% 4.2%
2004 2.2% -2.9% 2.3% -1.4% 4.3%
2003 17.4% -1.1% 10.8% 2.4% 4.7%
2002 -32.5% -0.3% -17.8% -21.2% 4.6%
2001 -21.8% -13.3% 5.1% -24.8% 14.1%
2000 -7.0% 8.9% -0.5% 0.4% -14.6%
1999 25.3% 7.8% 11.1% -10.9% 17.4%
1998 14.1% 8.0% -3.4% -11.1% 23.0%
1997 26.5% 2.4% 12.4% 13.8% -3.5%
1996 6.9% 7.9% -0.2% 2.1% -2.7%
1995 7.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Amgen Inc ORD 3.37
Microsoft Corp ORD 3.13
Mallinckrodt Plc ORD 3.13
Medtronic PLC ORD 2.92 Inc ORD 2.77
CVS Health Corp ORD 2.65
NVIDIA Corp ORD 2.57
Metlife Inc ORD 2.53
Huntington Bancshares Inc ORD 2.47
Bank of America Corp ORD 2.41

Registered For Sale In

  1. Belgium
  2. France
  3. Germany
  4. Luxembourg
  5. Netherlands
  6. Switzerland
  7. United Kingdom

Fund Info

  • Launch date18/12/1972
  • Share Class size665Mn
  • Base currencyGBP
  • ISIN GB0030926736

Purchase Info

  • Min. initial investment50,000
  • Min. additional investment0


  • Annual management1.5%
  • Initial investment4

Related News

M&G plans to replace Smith in American fund overhaul

M&G plans to overhaul the fund into an equity income strategy, subject to shareholder approval.

Weldon and Smith back banks as US property market sweetens

Threadneedle's Cormac Weldon and M&G's Aled Smith see a real opportunity in US financials as the recovery in the nation's housing market gathers pace.

M&G's Aled Smith: QE2 will spark US recovery

People are far too negative on the US, according to M&G star Aled Smith. He thinks QE2 will mark the start of a broad-based recovery. In the long term however, he thinks the US and China will have a 'huge battle'. 

The Week in Investment: Aled Smith - identifying the American recovery stocks

M&G's co-head of global equities discusses which stocks will perform well as the US economy returns to normality, and why. Plus: the dilemma faced by US interest rate setters next week.

M&G's Aled Smith on Obama's first 100 days

As Barack Obama reaches his 100th day in office, M&G Investments fund manager Aled Smith takes a look at the impact the President has had on the US market and some of the investment opportunities in the world's biggest economy.

Hold or Fold?: Newton American vs S&W North American Trust

The tough US investment market is quick to highlight struggling funds and this is reflected in our panellists’ clear preference for one of this week’s contenders over the other.

Fund Result: Aled Smith, M&G American

Market tactics: US equities

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M&G Investments adds income fund to global equity arm

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The man who smashed US markets reveals secret to his success

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