M&G UK Income Distribution GBP I Inc

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This fund can be held in
Trading AccountISAJISASIPP

Fund Info

  • Yield History4.78%
  • 3 Year sharpe0.70
  • 3 Year alpha-0.19
  • Distribution Typeincome
  • BenchmarkFTSE AllSh TR GBP
  • Legal StructureOpen Ended Investment Company
  • Fund Size (month end)Open Ended Investment Company
  • OCF0.70%
  • SectorUK Equity & Bond Income
  • Manager GroupM&G
  • DomicileUnited Kingdom
  • ISINGB00B70D5799

Investment Strategy

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. At least 70% of the fund will be invested in UK equities. The fund focuses on good-quality but undervalued stocks that offer a higher income than the FTSE All-Share Index by identifying those companies that exhibit the following qualities: strong business operations, good cash flows and attractive dividend growth prospects. The fund may also invest in sterling-denominated fixed income securities. Cash and near cash may be held for ancillary purposes and derivatives may be used for efficient portfolio management and hedging purposes.

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