M&G Property Portfolio R Inc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 4.67 |
| Total Expense Ratio | 1.06 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 4.67 |
| Total Expense Ratio | 1.06 |
Cumulative Performance
Discrete Performance
| Fund Size | 2,084,830,000.00 | Launch Date | 18/01/2013 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 1.06 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500.00 | Total Expense Ratio (%) | 1.06 |
| ISIN | GB00B6S0YV23 | Min Topup (£) | 100.00 | Ongoing Charge (%) | 1.0600 (on 03/11/2020) |
The investment objective of the Fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In so doing, the Fund aims to maximise long term total return (the combination of income and growth of capital) through investment mainly in commercial property.
Justin Upton
Justin Upton joined M&G Real Estate in January 2010 as deputy fund manager of the M&G Pooled Pensions Property strategy. In April 2018 he was appointed co-manager of the M&G Property Portfolio strategy, on which he had been working as a deputy manager since January 2012. Before M&G Real Estate, Justin spent two years as a director at Mayfair Capital Investment Management where he was involved with the MC Special Opportunities Fund and Income Trust for Charities. Prior to this, he spent five years at Henderson Global Investors as assistant fund manager on the Henderson Retail Warehouse Fund and the Caspar Fund. Justin undertook his RICS accreditation during four years spent with Cushman Wakefield’s capital markets team. He holds a degree from the University of Birmingham in social and economic history and a Masters from City University in property law and valuation.
| Name | Weight |
|---|---|
| Central London | 2.00% |
| Midlands | 12.00% |
| Money Market | 18.00% |
| Northern UK | 5.00% |
| Others | 1.00% |
| Scotland | 8.00% |
| South East UK | 36.00% |
| South West UK | 2.00% |
| UK | 10.00% |
| Name | Weight |
|---|---|
| Industrials | 22.00% |
| Money Market | 18.00% |
| Offices - Property | 26.00% |
| Others | 8.00% |
| Retail - Property | 1.00% |
| Shop - Property | 5.00% |
| Warehouse - Property | 11.00% |
| Name | Weight |
|---|---|
| 1-8 BEDFONT LAKES | 7.00% |
| WALES DESIGNER OUTLET | 6.00% |
| IRON MOUNTAIN DISTRIBUTION WAR | 5.00% |
| PARC TROSTRE RETAIL PARK | 4.00% |
| AURORA 120 BOTHWELL STREET | 3.00% |
| ENTERPRISES HOUSE | 3.00% |
| FREMLIN WALK | 3.00% |
| HERITAGE HOUSE | 3.00% |
| PORTLAND & RIDING ESTATE | 3.00% |
| RIVERSIDE RETAIL PARK | 3.00% |
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.