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M&G Managed Growth A Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderM&G Securities Ltd
Fund SummaryThe Fund aims to deliver a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure#, than that of a composite index comprising 85% global equities and 15% global bonds*, over any five-year period. *as measured by the MSCI ACWI Index and Bloomberg Barclays Global Aggregate Index, respectively. The Fund is a multi-asset fund that invests at least 70% of its assets in other collective investment schemes in order to gain exposure to assets from anywhere in the world, including equities, fixed income, convertibles, cash, or near cash. The Fund may also invest directly in these assets. In aggregate, the Fund will invest at least 70% of its assets in equities, either directly or via collective investment schemes. Derivatives may be used for investment purposes, efficient portfolio management and hedging
SEDOL code3196069
Fund codeMGMDI
ManagersDavid Fishwick, Craig Moran
Manager Tenure5 years
Morningstar CategoryGBP Adventurous Allocation
IMA SectorFlexible Investment
Fund Size£770 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)1.4%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£50
Minimum Top Up£250
Minimum Monthly Investment£25
Sell Price£1.0096
Buy Price£1.0096
Price Change-0.089%
Price Date25th September 2020
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleNo
Inception Date3rd October 2005
Fund StatusOPEN
David Fishwick is Head of Macro and Equities Investment at M&G Investments and co-fund manager of the M&G Episode Macro Fund. He is also fund manager of the M&G Managed Growth Fund. Dave has more than 20 years of investment management experience, having joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently being responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, Dave relocated to Australia where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the M&G Episode Macro Fund was launched in 2010, which follows the same strategy. Dave has a BSc in economics from Brunel University, London.

3-year Mean Monthly Return: 0.124%

Annual Returns2019201820172016201520142013201220112010
Fund Performance-6.24%+1.71%+5.29%+30.86%+4.19%+1.84%+4.13%+9.31%-14.99%+22.72%
Benchmark Performance
(GBP Adventurous Allocation)
Time PeriodCumulativeBenchmark Performance
(GBP Adventurous Allocation)
Fund Compared to Benchmark
1 day-0.09%-4.50%+4.41%
1 week-2.83%-1.79%-1.04%
1 month-2.15%+1.79%-3.94%
3 months1.15%+19.57%-18.41%
6 months17.08%-0.82%+17.90%
1 year-6.36%+3.05%-9.40%
3 years-0.20%+7.60%-7.80%
5 years8.42%+6.72%+1.70%
10 years4.40%+6.80%-2.40%
Since inception6.71%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
M&G Episode Macro GBP S-H AccGBR11.95%
M&G (Lux) Pan European Select A EUR AccLUX10.68%
M&G Global Select GBP A IncGBR10.57%
M&G North American Value GBP A IncGBR9.70%
M&G Japan GBP A IncGBR9.40%
Invesco Financials S&P US Select Sec ETFIRL8.94%
M&G Global Emerging Markets GBP A IncGBR7.46%
M&G Asian GBP A IncGBR5.43%
M&G Global Themes GBP A IncGBR5.17%
M&G (Lux) Eurp Strat Val C EUR AccLUX4.78%

Currently unavailable