M&G Extra Income GBP I Acc (FUND:B7C4NQ5) - Overview

Fund Report

M&G Extra Income Fund Sterling I Acc

Key Stats
Morningstar® CategoryGBP Aggressive Allocation
Manager NameRichard Hughes
Inception Date03/08/2012
NAV 07/12/2016GBX 1,459.74
Day Change0.89%
12 Month Yield4.43%
ISINGB00B7C4NQ54
SEDOLB7C4NQ5
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016409.59 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.91%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

67% FTSE AllSh TR GBP, 33% FTSE Gilts All Stocks TR GBP

Morningstar® Benchmark

Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund15.0317.676.782.279.52
Category10.5414.855.142.2910.44
Benchmark10.4615.7211.993.5020.96
  • Fund: M&G Extra Income Fund Sterling I Acc
  • Category: GBP Aggressive Allocation
  • Benchmark: Cat 25%Barclays Stlg Agg TR&75%FTSE Wld TR
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD9.479.4421.14
3 Years Annualised7.046.4712.39
5 Years Annualised10.168.5112.47
10 Years Annualised5.455.048.38

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund invests mainly in a range of UK equities with the aim of achieving a high income stream which also increases over time. The target yield is 50% higher than that of the FTSE All-Share Index but this may vary in the shorter term. Although income will be the primary consideration, the investment manager will also be mindful of total return (the combination of income and growth of capital).

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks68.860.0068.86
Bonds18.230.0018.23
Cash5.861.913.95
Other8.970.008.97
Top Stock Regions
Region%
United Kingdom99.50
Canada0.35
United States0.14
Australasia0.01
Japan0.00

Top Sectors

Stock Sector%
Financial Services16.25
Consumer Defensive14.82
Consumer Cyclical12.33
Energy11.43
Utilities10.79
Fixed Income Sector%
Corporate Bond39.97
Preferred24.72
Cash & Equivalents13.98
Government10.46
Asset Backed3.97
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
British American Tobacco PLC Consumer Defensive6.91
BP PLC Energy4.14
Royal Dutch Shell PLC B Energy3.63
AstraZeneca PLC Healthcare3.09
GlaxoSmithKline PLC Healthcare2.96
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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