M&G Pan European Dividend C Acc USD

Quick Stats

Bid Price - Offer Price -
Mid Price USD 10.08 Day Change USD +-0.01 (0.25%)
Price Date 21 Feb 2017 Crown Rating 3
Shares Class Inc. Yield 3.11 %
Total Expense Ratio 0.92 Fund Size 106,460,000.00
Launch Date 18/07/2008 Standard Initial Charge (%) 1.25
Currency USD ISA Eligible No
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

Fund Objective

The fund aims to deliver a dividend yield (annual income distributed as a percentage of the share price) above that of the market average by investing at least 70% of the fund in a range of European company shares. It also aims to grow income distributions over the long term (that is, over five years or more) and deliver capital growth. The fund invests in the shares of companies with the potential to grow their dividends over the long term. It may invest across a wide range sectors and company sizes. The fund manager selects stocks with different drivers of dividend growth to construct a fund that has the potential to cope in a variety of market conditions.

Fund Managers

Phil Cliff
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.