M&G Dynamic Allocation I-H Inc GBP
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 114.86||Day Change||GBX +0.10 (0.09%)|
|Price Date||24 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.80 %|
|Total Expense Ratio||0.92||Fund Size||3,744,010,000.00|
|Launch Date||03/12/2009||Standard Initial Charge (%)||1.25|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.92|
|ISIN||GB00BYRPBM49||Min TopUp (£)||50,000.00|
The fund invests in a flexibly managed portfolio of assets invested around the world, with the aim of delivering positive total returns (the combination of income and growth of capital) over any three-year period, although this is not guaranteed. The fund managers follow a highly flexible investment approach, with the freedom to invest in different types of assets. The approach combines in-depth research to determine the value of assets over the medium to long term, with analysis of investors’ emotional reaction to events to identify investment opportunities. The fund gains access to assets directly and indirectly through derivatives.
Juan Nevado joined PPM (now M&G) in 1988 and has been working as part of the Multi Asset team led by Dave Fishwick since 1999. In January 2011, Juan was appointed co-manager of the M&G Episode Allocation Fund and the M&G Dynamic Allocation Fund. In November 2013 and April 2015, he was also appointed deputy manager of the M&G Income Allocation Fund and co-manager of the M&G Prudential Allocation Fund respectively upon their launches. Prior to joining M&G, Juan worked as a bond economist at the Bank of Montreal, and before that, as an economist for the Commodities Research Unit, a private business consultancy specialising in macro/micro research on commodities markets. Juan has a BSc in economics from the LSE and an MA in economics from Warwick University.