• New to Investing
  • Invest with Us
  • Our Funds
  • Tools
  • About Us
  • Insights
  • Contact Us
  • Investor type

    M&G 5% Target Income Fund

    Latest Price

    -

    Who Should Invest

    This solution is ideal for income drawing investors who want to invest their post-retirement or discretionary savings in an all-in-one solution that aims to earn 5% income per year. Subject to this level of income return being achieved, investors will also want their capital to grow over time. Given the relatively high level of targeted income return, there’s an appreciable possibility that the real value of capital after targeted income drawdowns will not be maintained over the long term.

    Risk Profile

    Medium-High Risk

    Investment Objective

    The primary objective of the Fund is to target an annual income return of 5%, with a secondary objective of growing capital invested. While this level of annual income return is targeted, the actual annual income return may vary.

    • Income
    • Medium Risk
    • Medium Term

    Details

    Performance

    All returns quoted are A-Class after fees and charges

    Min Lump Sum

    Investor Class (A): R10 000

    ASISA Category

    Unclassified given its unique investment objective

    Inception date

    2 April 2019

    Prices

    Date Unit Price

    Fees

    Initial Fees (excl. VAT):

    No initial fees charged

    Annual Management Fees (excl.VAT): 

    Investor Class (A): 1.00%

    Additional underlying foreign fund fees are dependent on the fund and are included in the TER

    • Fund Return

    • Benchmark Return

    • Outperformance

    Invest Now

    Fund Management Approach

    The fund invests in a very flexible mix of local and offshore equity, bonds, property and cash. The fund can also invest in financial instruments and other collective investment schemes. The fund is not managed to conform to the regulations governing retirement fund investments (Regulation 28). Other than a maximum total equity exposure of 85%, the fund is not limited in its deed in terms of allocation to asset classes, currencies or geographies.

    Our Tools

    View all

    What would your investment have been worth had you invested earlier?

    Find out with our Past Performance Tool

    PAST PERFORMANCE TOOL

    Not sure which fund is right for you?

    Our Fund Picker will help you find the fund that best matches your investment goals.

    Fund Picker