|Bid Price||-||Offer Price||-|
|Mid Price||GBX 76.01||Day Change||GBX +0.53 (0.70%)|
|Price Date||22 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.64 %|
|Total Expense Ratio||0.16||Fund Size||544,940,000.00|
|Launch Date||27/02/1998||Standard Initial Charge (%)||3.25|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.16|
|ISIN||GB00B4XVQV03||Min TopUp (£)||25,000.00|
The fund is designed to track the performance of the FTSE All-Share Index, which represents a broad spread of UK company shares. The fund holds nearly all of the companies in the index and matches closely the weight that each stock represents in the index.
Nigel Booth is manager of the M&G European Index Tracker Fund and deputy on the M&G Index Tracker Fund and the M&G Fund of Investment Trusts Shares. Nigel is also head of index funds. Before joining M&G, he was responsible for index/passive funds and derivatives dealing at Insight Investment. Nigel graduated in business studies.
Richard O'Connor joined M&G in 2002 and is manager of the M&G Fund of Investment Trust Shares, the PPL Ethical Fund and a number of index funds. He joined the business from Goldman Sachs where he worked as a consultant. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management in a research analyst role, which he held for more than three years. Richard graduated with a bachelor of commerce degree from the University of Natal and holds an honours degree in investment management from the University of Johannesburg (formerly RAU).