M&G AMERICAN A - Fund overview
Bestinvest rating
Overview of
M&G AMERICAN A
The M&G American Fund has been under the stewardship of Aled Smith since January 2005. The Fund seeks to identify stocks that represent the best value from the North American universe of companies in all sectors and size ranges. No top-down views are imposed on sector choices and there is no reference to a benchmark in the stock selection process. Investors should note that there is a significant overlap (30-40%) between this product and the M&G Global Leaders Fund also managed by Smith.
Fund summary
| Sector |
North America
|
| Product type |
OEIC
|
| Launched |
December, 1972
|
| Size |
£1,652m
|
| Yield |
0.2%
|
| Charging basis |
–
|
| Dividends paid |
31/10.
|
| Cofunds |
Yes
|
| FundsNetwork |
Yes
|
| Bid price(inc) |
735.26p |
4.77p |
| Bid price(acc) |
946.07p |
6.14p |
Fund Charges
|
Standard Initial charge
|
4.00%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.00%
|
|
Annual management charge
|
1.50%
|
|
Total expense ratio
|
1.66%
|
|
Reduction in yield (10yr)
|
1.66%
|