M&G Index Tracker C Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 69.78||Day Change||GBX +1.05 (1.53%)|
|Price Date||7 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||3.39 %|
|Total Expense Ratio||0.16||Fund Size||516,400,000.00|
|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.