M&G (Lux) Step Into Equity Income 2030 Fund
Initial Offer Period
The Fund will have an Initial Offer Period (the "IOP") when investors can make subscriptions prior to the launch of the Fund.
- The IOP opens on 8 September 2025 (9am CET)
- The IOP closes on 12 September 2025 (5pm CET)*
- Target Fund Launch on 15 September 2025
*Final settlement for IOP to be received by 16 September 2025.
The Key Investor Documents for the available share classes are listed below:
Further information on the fund can be found in the Prospectus below
Key risks associated with this Fund:
- 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. There is no guarantee that the fund will achieve its objective and you may get back less than you originally invested.
- The fund reallocates from fixed income to equities on a fixed, linear schedule regardless of prevailing market conditions. As a result, the fund may increase exposure to equity markets at times of elevated volatility or market downturns, potentially leading to suboptimal returns or capital losses.
- As the fund increases its equity exposure over time, overall portfolio volatility also rises. This results in a continuously increasing sensitivity to equity market fluctuations which may lead to greater variability in returns.
- Investments in bonds are affected by interest rates, inflation and credit ratings. It is possible that bond issuers will not pay interest or return the capital. All of these events can reduce the value of bonds held by the fund.
- The fund invests in other funds, which are subject to the risks associated with the type of assets held in those funds and there is a risk that the value of the assets held by those other funds is not always reflected in the funds' reported values. The fund manager will not have control over the management of those funds or the pricing of the assets they hold.
- The fund holds a small number of investments, and therefore a fall in the value of a single investment may have a greater impact than if it held a larger number of investments.
- The fund can be exposed to different currencies. Movements in currency exchange rates may adversely affect the value of your investment.
- Investing in emerging markets involves a greater risk of loss due to greater political, tax, economic, foreign exchange, liquidity and regulatory risks, among other factors. There may be difficulties in buying, selling, safekeeping or valuing investments in such countries.
- ESG information from third-party data providers may be incomplete, inaccurate or unavailable, that could lead to an incorrect assessment of a security or result in the incorrect inclusion or exclusion of a security in the portfolio of the fund.
- The fund may invest in China A shares. Investments in assets from China are subject to changeable political, regulatory and economic conditions, which may cause difficulties when selling or collecting income from these investments. In addition, such investment is made via the Stock Connect system, which may be more susceptible to clearing, settlement and counterparty risk. These factors could cause the fund to incur a loss.
- Further details of the risks that apply to the fund can be found in the fund's prospectus.