M&G Global Dividend A Inc EUR
|Bid Price||-||Offer Price||-|
|Mid Price||EUR 19.89||Day Change||EUR +0.21 (0.94%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||3.14 %|
|Total Expense Ratio||1.91||Fund Size||6,103,880,000.00|
|Launch Date||18/07/2008||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.91|
|ISIN||GB00B94CTF25||Min TopUp (£)||75.00|
The fund aims to deliver a dividend yield (annual income distributed as a percentage of the share price) above that of the market average by investing at least 70% of the fund in company shares from around the world. It also aims to grow income distributions over the long term (that is, over five years or more) and deliver capital growth. The fund invests in the shares of companies with the potential to grow their dividends over the long term. It may invest across a wide range of countries, sectors and company sizes. The fund manager selects stocks with different drivers of dividend growth to construct a fund that has the potential to cope in a variety of market conditions.
Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He joined M&G in 2004 as a global equity analyst, working closely with Aled Smith on US equities. He is also the deputy manager of the M&G Pan European Dividend Fund. Stuart graduated from Bath University with a degree in business administration and is a CFA charterholder.