|Bid Price||-||Offer Price||-|
|Mid Price||GBX 162.01||Day Change||GBX -1.39 (-0.85%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.77 %|
|Total Expense Ratio||1.19||Fund Size||143,700,000.00|
|Launch Date||18/07/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.19|
|ISIN||GB00B7R77Y59||Min TopUp (£)||100.00|
The Fund has three aims: • to deliver an income stream that increases every year. • to deliver a yield above that available from the MSCI Europe Index over any five-year period. • to deliver a higher total return (the combination of income and growth of capital) than that of the MSCI Europe Index over any five-year period.
Phil Cliff joined M&G in January 2012 and was appointed fund manager of the M&G Pan European Dividend Fund in April 2012. He also became fund manager of the M&G Dividend Fund in July 2013.
Sam Ford was appointed deputy manager of the M&G Pan European Dividend Fund, M&G Dividend Fund and M&G Extra Income Fund in February 2015. Sam initially joined M&G in 2014 as a dedicated analyst to the Income team. Prior to M&G, Sam worked at Alliance Trust, most recently as an investment manager with the Global Equities team. Sam graduated from the University of Strathclyde with a masters degree (merit) in chemical & process engineering and is a CFA charterholder.