M&G UK Income Distribution C Inc

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 860.87 Day Change GBX +0.15 (0.02%)
Price Date 20 Jan 2017 Crown Rating 5
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.16 Fund Size 411,720,000.00
Launch Date 19/11/1973 Standard Initial Charge (%) 4.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.16
ISIN GB00B0GSGH60 Min TopUp (£) 25,000.00

Fund Objective

The Fund aims to increase income distributions over time and targets a yield greater than that of the FTSE All-Share Index. Although income will be the primary consideration, the investment manager will also aim for capital growth.

Fund Managers

Richard Hughes
Richard Hughes joined M&G in 1986. He is a UK equity income fund manager with responsibility for the management of Charifund, the M&G Extra Income Fund and the M&G High Income Investment Trust. Richard previously worked for Derbyshire County Council where he was manager of its pension fund. He graduated from Sheffield University with an honours degree in accounting and economics. He is an associate of CFA UK.