|Bid Price||-||Offer Price||-|
|Mid Price||GBX 150.53||Day Change||GBX -0.09 (-0.06%)|
|Price Date||13 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.35 %|
|Total Expense Ratio||0.99||Fund Size||749,830,000.00|
|Launch Date||11/11/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.85||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||0.99|
|ISIN||GB00B7P09066||Min TopUp (£)||100.00|
The Fund aims to generate a growing level of income over any three-year period. The Fund also aims to provide capital growth of 2-4% over any three-year period.There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested.
Steven Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team, before moving to the Multi Asset team, where he helped to formulate asset allocation strategies for M&G's multi-asset fund range. In November 2010, Steven was appointed manager of the M&G Episode Income Fund. Three years later, he became manager of the M&G Income Allocation Fund upon its launch. Steven began his career at the Bank of England in 1987 and subsequently worked at F&C Asset Management and Merrill Lynch before joining M&G. He holds a BSc (Hons) degree in financial economics from the University of London.