fund
M&G PROPERTY PORTFOLIO I (PAIF)
Run by M&G Real Estate, one of the UK's largest commercial property investors. The fund mainly invests in prime property with some secondary assets which offer management opportunities.
PRICE (INC)
769.97p
PRICE (ACC)
1130.56p
INITIAL CHARGE
0%
ANNUAL MANAGEMENT CHARGE
0.83%
ONGOING CHARGE
0.97%
YIELD
3.7%
1 YEAR
-9.26%Prices as at 14 Mar 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
The fund has a PAIF structure, a more tax efficient fund structure that can pay out income gross of tax to eligible investors. Investors need to apply to get dividends paid gross. The fund aims to provide long term value by investing in UK commercial property. The fund mainly invests in prime property with some secondary assets which offer management opportunities. Importance is particularly placed on: tenant exposure, lease expiry profiles, vacancies and liquidity. Investors should note that the management group reserves the right to swing the unit price without notice to reflect net fund flows.
Fund summary
| Sector | UK Direct Property |
|---|---|
| Structure | OEIC |
| Launched | January 2013 |
| Size | £580m |
| Yield | 3.7% |
| Dividends paid | May |
Charges
| Standard Initial Charge | 0% |
|---|---|
| Initial Charge Via BestInvest | 0% |
| Additional Bid/Offer Spread | 3.45% |
| Annual Management Charge | 0.83% |
| Ongoing Charges Figure | 0.97% |
Investment Process
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning