M&G Managed Growth C Inc GBP

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 106.22 Day Change GBX +0.14 (0.13%)
Price Date 24 May 2017 Crown Rating 3
Shares Class Inc. Yield 1.34 %
Total Expense Ratio 0.29 Fund Size 952,200,000.00
Launch Date 28/10/1994 Standard Initial Charge (%) 1.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.29
ISIN GB00B7Y35428 Min TopUp (£) 25,000.00

Fund Objective

The fund aims to deliver capital growth over the long term (that is, over five years or more) by investing primarily in M&G’s funds, but also in appropriate collectives where M&G does not have the expertise. Up to 20% of its portfolio can also be directly invested in company shares and cash. The fund may also gain exposure to assets indirectly through derivatives. The fund manager will use his judgement to decide on individual fund and stock weightings. Close consultation with M&G’s fund managers and analyst team is a key part of the decision-making process.

Fund Managers

Craig Moran
Craig Moran was appointed co-manager of the M&G Prudent Allocation Fund on launch in April 2015. He has also been deputy fund manager on the M&G Managed Growth Fund since 2013 and on the M&G Episode Allocation Fund and the M&G Dynamic Allocation Fund since 2011. Craig joined M&G in 2005 as a performance and risk analyst and was later promoted as a fund managers' assistant to the Multi Asset team. In 2010, he became the team's investment analyst. Craig holds a bachelor of business degree from Queensland University of Technology and a masters in applied finance and investments from the Financial Services Institute of Australasia. He is a CFA charterholder.