M&G Global Dividend A Inc USD

Quick Stats

Bid Price - Offer Price -
Mid Price USD 14.04 Day Change USD +-0.01 (0.52%)
Price Date 25 Oct 2016 Crown Rating 1
Shares Class Inc. Yield 3.16 %
Total Expense Ratio 1.91 Fund Size 6,103,880,000.00
Launch Date 18/07/2008 Standard Initial Charge (%) 4.00
Currency USD ISA Eligible No
Annual Management Charge (%) 1.75 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.91
ISIN GB00BK6MCK32 Min TopUp (£) 75.00

Fund Objective

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.

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.