M&G UK Income Distribution GBP I Inc

Fund
add to virtual portfolio
trade
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.

Latest news

Currently there for this fund. Visit our news hub for other news .