Quick Stats

Bid Price - Offer Price -
Mid Price USD 10.87 Day Change USD +0.02 (0.40%)
Price Date 16 Oct 2017 Crown Rating
Shares Class Inc. Yield 3.35 %
Total Expense Ratio 1.70 Fund Size 998,010,000.00
Launch Date 07/11/2013 Standard Initial Charge (%) 4.00
Currency USD ISA Eligible No
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.70
ISIN GB00BZ03LZ55 Min TopUp (£) 75.00

Fund Objective

The Fund aims to generate a growing level of income over the medium term through investment in a range of global assets. The Fund also aims to provide capital growth over the long term.

Fund Managers

Steven Andrew
Steven Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team, before moving to the Multi Asset team, where he helped to formulate asset allocation strategies for M&G's multi-asset fund range. In November 2010, Steven was appointed manager of the M&G Episode Income Fund. Three years later, he became manager of the M&G Income Allocation Fund upon its launch. Steven began his career at the Bank of England in 1987 and subsequently worked at F&C Asset Management and Merrill Lynch before joining M&G. He holds a BSc (Hons) degree in financial economics from the University of London.
Juan Nevado
Juan Nevado joined PPM (now M&G) in 1988 and is a member of the M&G Multi Asset team, with over 20 years of investment experience. In January 2011, Juan was appointed co-manager of the M&G Dynamic Allocation Fund and the M&G Episode Allocation Fund. In April 2015, he was appointed co-manager of the M&G Prudential Allocation Fund upon its launch. 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.