MGTS Future Money Income Fund

Select share classes

MGTS Future Money Income R Inc

Category GBP Allocation 40-60% Equity


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

132.85p

arrow-up0.10p (+0.08%)

Fund Code

MRMII

B5MFQ09

GB00B5MFQ093

Prices updated as at 28 Mar 2024
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Prices in GBX

Investment objective
The Sub-fund is intended to provide increasing income and a total return after fees of at least the rate of inflation, measured by the UK Consumer Price Index (CPI), plus 1% (per annum) over any five-year period. For these purposes, total return means the amount of capital and income an investor earns. The Sub-fund will be actively managed in a range of investments that when combined aim to provide an increasing income with the prospect of capital growth. The manager will use their expertise to select investments, rather than tracking a stock exchange or index, to take advantage of changing worldwide economic conditions. A minimum of 70% of the portfolio will be invested in collective investment schemes which provide exposure to a range of economic sectors and geographic areas, across a wide range of assets. Normally, the fund will be fully invested in collective investment schemes, save for an amount to enable ready settlement of liabilities and efficient management.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerRichard Cole, Toby Ricketts
134.58
122.85
Fund comparative indexUK CPI + 1%
Mixed Investment 20-60% Shares
-
1.52
0.16
0.00
GBP Allocation 40-60% Equity
No
Fund providerMargetts Fund Management Limited
Share class launch date03 Dec 2012
£18.80m
-
3.22
-
Semi-Annually
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

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.