M&G Dynamic Allocation C H Inc USD
|Bid Price||-||Offer Price||-|
|Mid Price||USD 10.24||Day Change||USD +0.02 (0.47%)|
|Price Date||19 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.96 %|
|Total Expense Ratio||0.93||Fund Size||3,384,478,997.21|
|Launch Date||03/12/2009||Standard Initial Charge (%)||1.25|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.93|
|ISIN||GB00BWD1K470||Min TopUp (£)||50,000.00|
The fund invests globally across a range of asset classes, including equities, fixed income and property shares, with the aim of delivering positive total returns in any three-year period, although this is not guaranteed. Asset exposure can be gained through physical holdings and the use of derivatives. In-depth research to determine the value of assets over the medium to long term is central to the approach. This is combined with analysis of investors’ emotional reaction to events, which can cause short-term mispricing, thus creating investment opportunities.
Juan Nevado joined PPM (now M&G) in 1988 and has been working as part of the Multi Asset team led by Dave Fishwick since 1999. In January 2011, Juan was appointed co-manager of the M&G Episode Allocation Fund and the M&G Dynamic Allocation Fund. In November 2013 and April 2015, he was also appointed deputy manager of the M&G Income Allocation Fund and co-manager of the M&G Prudential Allocation Fund respectively upon their launches. Prior to joining M&G, Juan worked as a bond economist at the Bank of Montreal, and before that, as an economist for the Commodities Research Unit, a private business consultancy specialising in macro/micro research on commodities markets. Juan has a BSc in economics from the LSE and an MA in economics from Warwick University.