Provider M&G Unit Trust Managers Ltd. Administration In-house. Depositary JP Morgan Trus...
M&G Unit Trust Managers Ltd.
JP Morgan Trustees and Depositary Ltd
M&G British Opportunities Fund
The Fund aims to maximise total return from a UK portfolio investing primarily in special situations.
Open Ended Investment Company
This is a sub-fund of M&G Investment Funds (1) OEIC.
UK All Companies
FT Sectorised Risk
This risk profile follows the fortunes of investment in smaller British companies.
FT Ratings Risk Level
The FT Ratings risk level for this fund is medium. The risk level rating indicates the volatility of the fund compared to its risk profile.
FT Rating Performance
The FT rating for performance is very high this is calculated by assessing all funds within the same risk profile and the rating is calculated to ignore the 'performance' inherent within the risk profile.
Fund is passively managed
The fund is actively managed.
Fund invests in other funds
This is not a fund of funds.
Yield as quoted by FundTracker
Fund launch date
The fund was launched on 1st June 1956.
Initial Commission %
Initial commission is 3%.
Renewal Commission %
No renewal commission is paid.
Minimum single lump sum investment
The minimum single investment is £500.
Min additional investment (£)
The minimum additional investment is £10.
Minimum monthly premium (£)
Mininimum monthly investment through The M&G Savings Plan is £10 per fund.
Initial charge (%)
The initial charge is 5%.
Annual management charge (% pa)
There is a managers' annual charge of 1%.
Annual charge deducted from income or capital
The annual charge is deducted from income.
Exit charge for early redemption
There is no redemption charge.
Discount terms available
Discount terms are negotiable depending on fund activity and likely volume of business.
Share exchange scheme available
A share exchange scheme is available as follows:
Min. value of stock
Shares listed on the London Stock Exchange & UK Unit Trusts
Min subsequent investment
Max cash return to client
Max balance of stock returned to client None
Broker charges/pricing basis
Depends on shares sold. Shares sold in the market attract broker charges only. Others are realised at the current market price (on the day of receipt of certificates) free of charge. Unit trusts are sold at the current market price (free of charge) Day proceeds invested on day of receipt
Capital protected fund
This is not a capital protected fund.
Transfer PEP status of fund
The fund is available for inclusion in a PEP Transfer Plan.
ISA status of fund
This Fund is available for inclusion in an Individual Savings Account (ISA).
Dealing at previously fixed price No
Dealing at a price yet to be fixed
The Fund valuation point is 12 noon. Deals placed on a forward pricing basis.
Contract notes issued for registration purposes
The Fund is non-certificated.
Dividend paid in May
A dividend is paid on 3rd May.
(The ex-dividend date is the 4th March).
Dividend paid in November
A dividend is paid on 1st November.
(The ex-dividend date is the 2nd September).
‘Important to have an anchor’
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets