M&G North American Dividend A Inc E

Quick Stats

Bid Price - Offer Price -
Mid Price EUR 16.92 Day Change EUR +0.23 (1.39%)
Price Date 24 Oct 2016 Crown Rating 1
Shares Class Inc. Yield 2.29 %
Total Expense Ratio 1.67 Fund Size 461,140,000.00
Launch Date 18/12/1972 Standard Initial Charge (%) 5.25
Currency EUR ISA Eligible No
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.67
ISIN GB00BK6MB620 Min TopUp (£) 75.00

Fund Objective

The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising total return (the combination of income and growth of capital). The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that can cope in a variety of market conditions.

Fund Managers

Stuart Rhodes
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.