M&G MANAGED A - Fund overview
No Bestinvest rating
Find rated mixed investment 40-85% shares funds
Overview of
M&G MANAGED A
Predominantly an internal fund of funds, with external funds or exchange traded fund used, when M&G's fund range does not cover specific sectors. Within the M&G multi asst team, each analyst has a sector to monitor and the team make asset allocation decisions on global themes, geographical preferences, industrial sectors and investment style.
Standard Initial Charge
4.00% 0.00%
Invest via Bestinvest
to save 4.00%
Fund summary
| Sector |
Mixed Investment 40-85% Shares
|
| Product type |
OEIC
|
| Launched |
October, 2002
|
| Size |
£939m
|
| Yield |
2.2%
|
| Charging basis |
Capital
|
| Dividends paid |
Last business day of month
|
| Bid price(inc) |
41.15p |
| Bid price(acc) |
51.00p |
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
|
1.65%
|
|
Reduction in yield (10yr)
|
1.65%
|
Bestinvest says
No information available.
Portfolio
| Allocation |
Proportion |
|
|
Equity |
76%
|
|
High yield bonds |
0%
|
|
Quality bonds |
5%
|
|
Property |
4%
|
|
Commodities |
2%
|
|
Hedge |
3%
|
|
Fund cash |
10%
|
|
Allocation
|
Proportion
|
|
|
|
|
UK
|
44%
|
|
|
Europe
|
25%
|
|
|
Nth America
|
10%
|
|
|
Japan
|
7%
|
|
|
Pacific
|
7%
|
|
|
Other Equity
|
7%
|
|
Allocation
|
Proportion
|
|
|
|
|
Large Caps
|
50%
|
|
|
Mid Caps
|
32%
|
|
|
Small Caps
|
18%
|
View all performance data for M&G MANAGED A
Investment process
The manager aims to provide a total return by investing in a range of assets, including equities, bonds, money market instruments, cash, funds and direct holdings (excluding property). M&G have a multi-asset team, with each analyst screening a different sector, and they provide the manager with a list of products which he can select from. The range includes all of M&G equity, fixed interest and property funds and other securities, including external funds. The multi-asset team determines the fund’s asset allocation between the various securities, as well as the fund’s geographical spread.
When M&G's asset allocation team is deciding their strategy, they use a systematic approach to identify themes, regional preferences, sectors and investment styles.