|Last Price||127.72p||Day Change||-0.08p (-0.0006%)|
|Price Date||8 Dec 2023||Morningstar Rating|
|Shares Class||Inc||Yield||3.77 %|
|Last Ex-Dividend Date||01 January 2020||Dividend Frequency||-|
|Launch Date||01/01/2020||Standard Initial Charge||0.00%|
|Ongoing cost||0.95%||Annual Management Charge||0.00%|
The Fund has two aims: to deliver a higher total return (the combination of income and growth of capital), net of the Ongoing Charges Figure, than that of the MSCI ACWI Index over any five-year period and; to deliver an income stream that increases every year in Sterling terms. At least 80% of the Fund is invested in publicly-listed equity securities issued by infrastructure companies, investment trusts and real estate investment trusts across any market capitalisation that are domiciled in any country. The minimum 80% allocation may include ordinary shares, preference shares and convertible bonds (the Fund may hold up to a maximum of 20% in convertibles bonds). Infrastructure companies include those involved in the following business activities: utilities, energy, transport, health, education, security, communications and transactions.
M&G Securities Ltd
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