M & G Global Real Estate Securities Class X Accumulation
Also available as income units
At a glance
| Initial charge | 0.00% |
|---|---|
| Initial saving | 0.00% |
| Annual charge | 1.50% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.65% |
| Launch date | 11-04-2008 |
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £14 million |
| Number of holdings | 50 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
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About the Fund Manager
Richard O'Connor
Located in: London
Richard O'Connor joined M&G in July 2002 and is fund manager with responsibility for 14 index funds. He was appointed fund manager of the M&G Global Real Estate Securities Fund in June 2008. He joined the business from Goldman Sachs where he worked as a consultant to the fixed income derivatives department. Prior to this, he was with Standard Corporate & Merchant Bank Asset Management (South Africa) in a research analyst role, which he held for more than three years. Richard graduated with an honours degree in investment management from Rand Afrikaans University and a Bachelor of commerce degree from the University of Natal.
Income details
| Historic yield | 3.72% |
|---|---|
| Income paid | Quarterly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 June 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
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Top 10 holdings
| Simon Property Group | 5.60% |
|---|---|
| Vornado Realty Trust | 4.93% |
| Westfield Group | 4.84% |
| Unibail - Rodamco | 4.04% |
| Mitsubishi Estate Co. | 3.91% |
| ISHARES EPRA US PROPERTY | 3.58% |
| Federal Realty Investment Trust | 3.18% |
| Equity Residential | 3.03% |
| Link Real Estate Investment Trust | 3.02% |
| MTR Corp. | 2.84% |
Top 10 sectors
| Direct Property | 55.29% |
|---|---|
| Real Estate Investment & Services | 20.19% |
| Cash and Equiv. | 12.35% |
| Non-Classified | 9.05% |
| Travel & Leisure | 2.84% |
| Forestry & Paper | 0.27% |
Top 10 countries
| United States | 28.81% |
|---|---|
| Hong Kong | 12.91% |
| Cash and Equiv. | 12.35% |
| United Kingdom | 7.17% |
| Japan | 6.62% |
| Australia | 6.14% |
| Non-Classified | 5.47% |
| France | 4.62% |
| Ireland | 3.58% |
| Brazil | 2.26% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 01-12-2008. Data accurate as at 31/10/2008.
