Quick Stats

Last Price 123.87p Day Change -0.21p (-0.0017%)
Price Date 8 Dec 2023 Morningstar Rating 4
Shares Class Acc Yield 2.16 %
Last Ex-Dividend Date 01 January 2020 Dividend Frequency -
Sector Targeted Absolute Return Fund Size 0.00
Launch Date 01/01/2020 Standard Initial Charge 0.00%
Ongoing cost 0.53% Annual Management Charge 0.00%

Fund Objective

The Fund aims to achieve a total return (the combination of income and capital growth) of at least 2-4%, per annum above the Sterling Overnight Index Average (SONIA), before any charges are taken, in any market conditions and over any three year period. The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above SONIA plus 2-4%. The Fund has a highly flexible investment approach with the freedom to invest in different types of investment assets from anywhere in the world. The fund manager’s approach combines in-depth research to determine the value of assets over the medium to long term, together with analysis of market reactions to events, to identify investment opportunities.

Fund Managers

M&G Securities Ltd