M&G Prudent Allocation B Acc
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 2.12 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 2.12 |
Cumulative Performance
Discrete Performance
| Fund Size | 2,420,668,190.50 | Launch Date | 23/04/2015 | Standard Initial Charge (%) | 1.25 |
|---|---|---|---|---|---|
| Currency | EUR | ISA Eligible | No | Annual Management Charge (%) | 1.90 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000.00 | Total Expense Ratio (%) | 2.12 |
| ISIN | GB00BYQRC390 | Min Topup (£) | 75.00 | Ongoing Charge (%) | 2.1200 (on 31/10/2017) |
The Fund aims to deliver a positive total return in any three year period from a flexibly managed portfolio of global assets. There is no guarantee that the Fund will achieve a positive return over this, or any other, period and investors may not recoup the original amount they invested.
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 Prudent 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.
Craig Moran
Craig Moran was appointed co-manager of the M&G Prudent Allocation Fund on launch in April 2015. He has also been deputy fund manager on the M&G Managed Growth Fund since 2013 and on the M&G Episode Allocation Fund and the M&G Dynamic Allocation Fund since 2011. Craig joined M&G in 2005 as a performance and risk analyst and was later promoted as a fund managers' assistant to the Multi Asset team. In 2010, he became the team's investment analyst. Craig holds a bachelor of business degree from Queensland University of Technology and a masters in applied finance and investments from the Financial Services Institute of Australasia. He is a CFA charterholder.
| Name | Weight |
|---|---|
| Asia Pacific ex Japan Equities | 3.41% |
| Asia Pacific ex Japan Fixed In | 1.99% |
| Convertibles | 2.02% |
| European Equities | 7.55% |
| European Fixed Interest | 1.13% |
| Global Fixed Interest | 12.57% |
| Global High Yield Fixed Intere | 0.00% |
| Global Investment Grade Fixed | 3.76% |
| International Equities | 3.20% |
| Japanese Equities | 4.38% |
| Japanese Fixed Interest | 0.00% |
| Money Market | 91.89% |
| Property Shares | 1.05% |
| UK Equities | 4.34% |
| UK Fixed Interest | 0.00% |
| US Equities | 0.00% |
| US Fixed Interest | 0.00% |
| Name | Weight |
|---|---|
| Asia Pacific ex Japan | 5.40% |
| Europe | 8.69% |
| International | 2.01% |
| Japan | 2.42% |
| Money Market | 91.89% |
| Not Specified | 1.89% |
| Others | 13.76% |
| UK | 0.00% |
| USA | 0.00% |
| Name | Weight |
|---|---|
| Convertibles | 2.02% |
| Corporate Bonds | 0.00% |
| Equities | 21.07% |
| Fixed Interest | 2.01% |
| Government Bonds | 0.00% |
| Money Market | 91.89% |
| Mutual Funds | 1.05% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.