M&G High Income Packaged Unit

The Company’s investment objective is to achieve an above average and increasing income over the 20 year life of the Company while at the same time seeking to achieve capital growth. The portfolio comprises mainly high yielding ordinary shares of UK companies listed on the London Stock Exchange. A significant proportion of the portfolio will be made up of companies outside the FTSE 100 Index. At any one time, such stocks shall represent between 5 and 35% of the portfolio; more typically they will represent between 10 and 25% of the portfolio. A small proportion of the portfolio may consist of convertible and other fixed interest securities. These will not exceed 30% of the portfolio and will more typically represent around 15%. The investment manager may invest in unquoted companies suitable for the Company’s investment style, which will not exceed 1% of the portfolio.

Key stats

Management firm  M & G Investment Management
Domicile  United Kingdom
Global Branding Name  M&G
12 month yield  3.53%
Fund currency  GBP
Launch Date  1997-03-17
ISIN  GB0005533004
SEDOL  0553300
Manager 1 Name  Richard Hughes
Fund Strategy  Other
Benchmark  FTSE All‐Share index
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.42%
Return - 2 Months  2.34 %
Return - 3 Months  0.75%
Return - 6 Months  2.28 %
Return - 9 months  7.71 %
Return - 12 Months  6.68%
Annualized return 24 months  15.97 %
Annualized return 36 months  15.85 %
Annualized return 48 months  14.48 %
Annualized return 60 months  12.99 %
Return 120 months  8.73 %
Annualized return since Inception  7.51%
Return YTD  6.14%

Charges

Initial  0.00 %
Maximum Managment Charge  1.00 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Governor's House,
Contact Address 2  Laurence Pountney Hill
Contact city  London
Contact country  United Kingdom
Fund Admin Group  M & G Investment Management
Web Address  www.mandg.co.uk
Email contact  info@mandg.co.uk
Custodian  State Street Bank and Trust Company (UK)
Phone  0044 20 7626 4588

Price

Last Price Date  2014-09-19
Pre-tax nav  1.63
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  £0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information