M&G North American Dividend A Inc U

Quick Stats

Bid Price - Offer Price -
Mid Price USD 14.83 Day Change USD -0.01 (-0.37%)
Price Date 2 Dec 2016 Crown Rating 1
Shares Class Inc. Yield 2.18 %
Total Expense Ratio 1.66 Fund Size 531,360,000.00
Launch Date 18/12/1972 Standard Initial Charge (%) 5.25
Currency USD ISA Eligible No
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.66
ISIN GB00BK6MB844 Min TopUp (£) 75.00

Fund Objective

The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising total return (the combination of income and growth of capital). The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that can cope in a variety of market conditions.

Fund Managers

Stuart Rhodes
Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.