|Bid Price||-||Offer Price||-|
|Mid Price||EUR 18.65||Day Change||EUR -0.14 (-1.32%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.26 %|
|Total Expense Ratio||1.40||Fund Size||4,243,730,000.00|
|Launch Date||15/04/1994||Standard Initial Charge (%)||3.25|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.40|
|ISIN||GB0032137860||Min TopUp (£)||75.00|
The Fund aims to provide income and capital growth.
Richard Woolnough joined M&G in January 2004 and is fund manager of the M&G Optimal Income Fund, the M&G Corporate Bond Fund and the M&G Strategic Corporate Bond Fund, three of the company's flagship fixed interest funds. Richard began his career at Lloyds Merchant Bank in 1985, moving to Italian insurer Assicurazioni Generali two years later, followed by SG Warburg. In 1995, he became a fund manager at Old Mutual. Richard graduated from the London School of Economics with a BSc in Economics.
Ben Lord joined M&G in 2007 and is the fund manager of the M&G UK Inflation Linked Corporate Bond Fund. Ben has also managed the M&G Global Corporate Bond Fund from launch in September 2013 and was appointed fund manager of the M&G Index Linked Bond Fund in July 2015. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.