Instead of buying and selling individual investments yourself, it can be easier and more cost-effective to invest in the markets through an Open-Ended Investment Company (OEIC).
An OEIC is a collective investment scheme, or managed fund, in which the money of many investors is pooled together to purchase investments in a range of different assets, according to the investment policy of the managed fund.
An OEIC can be set up as a single company or as a company with several sub-funds, known as an umbrella scheme. Each sub-fund within the umbrella scheme has its own investment policy and objective.
There are many advantages to investing in an OEIC rather than directly in the stockmarket:
The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
We like to keep our charges simple. For private (non-advised) investors there are only two share classes to choose from when you invest.
Once you have chosen your share class, you need to decide how you would like your money to work for you.
You can choose to receive an income from your investment and have this paid into your bank account, or you can choose to have any income your investment generates kept within your fund to add to your investment; this is known as accumulation.
We don’t apply entry or exit charges to investments in M&G funds Sterling Class shares. However, there is an ongoing charge which will vary per fund. The ongoing charge is made up of the Annual Charge which may be discounted depending on the size of the fund, and extraordinary expenses. For property funds, the ongoing charge does not take into account the property operating expenses, also known as PER. For information on all our charges, please refer to our Fund Charges page.
Please read the Important Information for Investors document for more information on share classes, charges and share types.
|Minimum investment limits for OEIC funds|
|Minimum lump sum||£500|
|Minimum additional lump sum||£100|
This document explains who we believe the product is, and is not, suitable for. This is based on M&G’s opinion and doesn’t take into account your individual circumstances.
You can invest in any of our funds in the Fund Centre.
The value and income from the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested. Please be aware, your investment may increase or decrease as a result of currency fluctuations.
For information on making an investment with M&G, please visit our Invest with M&G page.
We don’t give financial advice, so you should speak to a financial adviser if you need help deciding if an investment is right for you.