M&G Global Real Estate Securities C

Quick Stats

Bid Price - Offer Price -
Mid Price USD 13.18 Day Change USD +-0.04 (0.75%)
Price Date 22 May 2015 Crown Rating 2
Shares Class Inc. Yield 2.19 %
Total Expense Ratio 0.94 Fund Size 82,940,000.00
Launch Date 11/04/2008 Standard Initial Charge (%) 3.25
Currency USD ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.94
ISIN GB00BK6MCG95 Min TopUp (£) 50,000.00

Fund Objective

The Fund aims to maximise long term total return, consisting of income and capital appreciation, through investment, on a global basis, mainly in both real estate investment trusts (REITs) and other types of property companies.

Fund Managers

Simon Bailey
Simon Bailey was appointed deputy fund manager of the M&G Global Dividend Fund in 2011, having worked closely with Stuart Rhodes since 2010 as the dedicated analyst for the fund. In September 2013, he became deputy fund manager of the M&G Global Real Estate Securities Fund. Simon has more than 10 years’ experience as a fund manager and previously managed the M&G Smaller Companies Fund with top-quartile returns under his tenure. He joined Prudential in 1997, two years later becoming a member of the UK smaller companies team. He joined M&G following Prudential’s acquisition of M&G in 1999. Prior to Prudential, Simon worked at a number of financial institutions in areas such as corporate finance and derivatives. He has a degree in economics from Durham University. He is a CFA charterholder.