M&G Property Portfolio Sterling I Inc

Category Property - Direct UK


This fund can be held in an Investment ISA and a SIPP
Last buy/sell price

-

arrow-down-17.14p (-2.42%)

Fund Code

MPPII

B89X8P6

GB00B89X8P64

Prices updated as at 28 Mar 2024
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Prices in GBX

Investment objective
The investment objective of the Fund is to carry on Property Investment Business and to manage cash raised from investors for investment in the Property Investment Business. In doing so, the Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure and Property Expense Ratio, than the average return of the IA UK Direct Property Sector over any five-year period.At least 70% of the Fund is invested directly in a diversified portfolio of commercial property in the UK. This may be reduced to 60%, if it is considered prudent for liquidity management.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerJustin Upton
805.38
691.63
Fund comparative indexIA UK Direct Property
UK Direct Property
-
0.75
0.16
0.00
Property - Direct UK
No
Fund providerM&G Securities Ltd
Share class launch date18 Jan 2013
£578.70m
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5.44
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Quarterly
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

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