M&G Pan European Dividend C Acc USD
|Bid Price||-||Offer Price||-|
|Mid Price||USD 9.27||Day Change||USD +0.16 (1.43%)|
|Price Date||5 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||3.12 %|
|Total Expense Ratio||0.92||Fund Size||103,890,000.00|
|Launch Date||18/07/2008||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||GB00BK6MC362||Min TopUp (£)||50,000.00|
The fund invests in the shares of European 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 its long-term 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 has the potential to cope in a variety of market conditions.
Phil Cliff joined M&G in January 2012 and was appointed fund manager of the M&G Pan European Dividend Fund in April 2012. He also became fund manager of the M&G Dividend Fund in July 2013.