|Bid Price||-||Offer Price||-|
|Mid Price||SGD 11.34||Day Change||SGD +0.06 (0.81%)|
|Price Date||18 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.91 %|
|Total Expense Ratio||1.88||Fund Size||6,558,460,000.00|
|Launch Date||18/07/2008||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.88|
|ISIN||GB00BQSC1Y00||Min TopUp (£)||75.00|
The Fund has three aims:• to deliver an income stream that increases every year. • to deliver a yield above that available from the MSCI All Countries World Index over any five-year period. • to deliver a higher total return (the combination of income and growth of capital) than that of the MSCI All Countries World Index over any five-year period.
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.
John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Alex Araujo was appointed co-deputy fund manager of the M&G Global Dividend Fund in April 2016. Alex joined M&G in July 2015 as an embedded analyst with the Income team and has more than 20 years of experience in the financial markets. He was previously at Bank of Montreal where he specialised in US and Canadian equities. Alex graduated from the University of Toronto with an MA in economics and is a CFA charterholder.