FNW M&G Property Portfolio Life Fund

Category Property - Direct UK


Last buy/sell price

70.10p

arrow-up0.00p (+0.00%)

Fund Code

B3KN7P3

GB00B3KN7P38

Prices updated as at 27 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 typeInsured
Fund managerJustin Upton
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Fund comparative indexIA UK Direct Property
UK Direct Property
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1.03
0.16
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Property - Direct UK
No
Fund providerFidelity FundsNetwork
Share class launch date01 Aug 2006
£578.70m
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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.