For the majority of M&G funds, investors can choose between the following four share classes:
Each share class has been designed with different investment needs in mind.
Our Sterling Share Classes do not carry an entry charge or exit charge. However, an ongoing charge will still apply. 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.
On our Fund availability and fund types table (on page 4 of the M&G Important Information for Investors document) you will find information about the specific share classes available in your choice of fund(s).
Within each share class you are also required to choose between;
Income shares entitle the holder to be paid the income attributed to those shares on the payment date. This is usually paid twice a year but can be paid annually, quarterly or monthly depending on the fund.
Accumulation shares don’t pay income. Instead, they automatically reinvest any income accruing to the fund and this is reflected in the share price. If a fund only offers Income shares, any net income can be reinvested to buy more shares. However please note that where income from underlying investments is saved up within the fund throughout the accounting period and reinvested to buy more shares on the reinvestment date, the income is not exposed to any market movements (up or down), unlike accumulation shares which reinvest income automatically once received.
This means you can choose the best investment options for your individual requirements.
Please read the Important Information for Investors document for further information on share classes and fund choices or call our Customer Relations team on 0800 390 390.
However, please remember that 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.
To summarise, when making your investment with M&G, please be sure to indicate;
Remember, your application may be rejected if it is only partially completed.
We are unable to give financial advice. For impartial guidance about investing with M&G we recommend you speak to a financial adviser.
Available to invest in The M&G ISA, The M&G Junior ISA, M&G OEIC and The M&G Savings Plan.
Available to invest in the M&G OEIC. Please note that ‘X Shares’ are no longer available for new investment into The M&G ISA and The M&G Junior ISA.
Available to invest in the M&G OEIC, The M&G ISA and The M&G Savings Plan.
Available to invest in The M&G ISA, The M&G Junior ISA and M&G OEIC when you invest via our online investing service myM&G or through a financial adviser.