Old share class: A Acc
Old TER: 0.44%
New share class: D Acc
New TER: 0.24%
New Fund objective:
The Fund aims to provide income and capital growth in excess of the FTSE EPRA NAREIT Developed TR GBP (Net) index (after fess have been deducted) over a three to five year period by investing in equity and equity related securities of sustainable real estate companies worldwide that own assets in global cities. Sustainable real estate companies contribute to an urban environment that provides a good quality of life for residents while minimising cost to the planet and using resources efficiently. Companies can demonstrate this by prioritising initiatives such as renewable energy; energy efficiency; greenhouse gas (GHG) emissions reduction; effective water management; waste minimisation; responsible tenant and community engagement; setting sustainability targets; and managing their business in a sustainable way. The Fund is actively managed and invests at least 90% of its assets in equity and equity related securities of sustainable real estate companies worldwide which generate the majority of their earnings from real estate investment related activities and own assets in global cities. These are cities that have positive characteristics such as economic strength; strong transport infrastructure; high quality educational institutions; and an innovative business community, based on the investment manager’s assessment. The Fund may invest in real estate investment trusts. The Fund may also invest in collective investments schemes that invest in money market instruments; warrants; and may hold cash.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Fund objective:
The Fund aims to provide income and capital growth in excess of the FTSE EPRA NAREIT Developed TR GBP (Net) index (after fess have been deducted) over a three to five year period by investing in equity and equity related securities of sustainable real estate companies worldwide that own assets in global cities. Sustainable real estate companies contribute to an urban environment that provides a good quality of life for residents while minimising cost to the planet and using resources efficiently. Companies can demonstrate this by prioritising initiatives such as renewable energy; energy efficiency; greenhouse gas (GHG) emissions reduction; effective water management; waste minimisation; responsible tenant and community engagement; setting sustainability targets; and managing their business in a sustainable way. The Fund is actively managed and invests at least 90% of its assets in equity and equity related securities of sustainable real estate companies worldwide which generate the majority of their earnings from real estate investment related activities and own assets in global cities. These are cities that have positive characteristics such as economic strength; strong transport infrastructure; high quality educational institutions; and an innovative business community, based on the investment manager’s assessment.
The Fund may invest in real estate investment trusts. The Fund may also invest in collective investments schemes that invest in money market instruments; warrants; and may hold cash.
New Fund objective:
The Fund aims to provide capital growth and income of ICE BofA Sterling 3-month Government Bill Index plus 3.5% per annum (before fees have been deducted) over a five to seven year period by investing a diversified range of assets and markets worldwide which the Investment Manager deems to be:
or
The Fund aims to achieve this with a target average annual volatility (a measure of how much the Fund’s returns may vary over a year) over a five to seven year period of between 50% to 67% of that of global stock markets (represented by the MSCI All Country World GBP hedge index). The Fund is actively managed and invests its assets directly, or indirectly through collective investment schemes, exchange traded funds, real estate investment trusts or closed ended funds, in equity and equity related securities, fixed and floating rate securities and alternative asset classes worldwide (including emerging markets and less developed markets). The Fund may also invest in warrants and money market instruments, and may hold cash.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Fund objective:
The Fund aims to provide income and capital growth in excess of the FTSE EPRA NAREIT Developed TR GBP (Net) index (after fess have been deducted) over a three to five year period by investing in equity and equity related securities of sustainable real estate companies worldwide that own assets in global cities. Sustainable real estate companies contribute to an urban environment that provides a good quality of life for residents while minimising cost to the planet and using resources efficiently. Companies can demonstrate this by prioritising initiatives such as renewable energy; energy efficiency; greenhouse gas (GHG) emissions reduction; effective water management; waste minimisation; responsible tenant and community engagement; setting sustainability targets; and managing their business in a sustainable way. The Fund is actively managed and invests at least 90% of its assets in equity and equity related securities of sustainable real estate companies worldwide which generate the majority of their earnings from real estate investment related activities and own assets in global cities. These are cities that have positive characteristics such as economic strength; strong transport infrastructure; high quality educational institutions; and an innovative business community, based on the investment manager’s assessment.
The Fund may invest in real estate investment trusts. The Fund may also invest in collective investments schemes that invest in money market instruments; warrants; and may hold cash.
New Investment Objective:
The Fund aims to provide capital growth over the long term by outperforming the “Composite Benchmark”, which consists of: 17.5% FTSE All-Share Index, 52.5% MSCI All Country World Index ex UK, 5% Bloomberg Barclays Sterling Aggregate Total Return GBP Index, 15% Bloomberg Barclays Global Aggregate Bond Index (GBP Hedged), and 10% in the Sterling Overnight Index Average (“SONIA”), after the deduction of charges, over any 5 year period.
The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson, Exchange Traded Funds and unregulated funds) to provide diversified global exposure to a range of assets including shares (equities) of companies, bonds issued by companies and governments, and to a lesser extent, alternative assets such as property, commodities, private equity and hedge funds. In normal market conditions between 40% and 85% of the Fund’s exposure will be to equities). At least 50% of the Fund’s net asset value will be invested in securities denominated in established market currencies (US Dollar, Sterling and Euro), 25% of the Fund’s net asset value must be denominated in Sterling, this includes any securities that have been hedged back into Sterling. There is no minimum exposure requirement in fixed income securities (bonds issued by companies and government).
New Investment Objective:
The Fund aims to provide capital growth over the long term by outperforming the “Composite Benchmark”, which consists of: 17.5% FTSE All-Share Index, 52.5% MSCI All Country World Index ex UK, 5% Bloomberg Barclays Sterling Aggregate Total Return GBP Index, 15% Bloomberg Barclays Global Aggregate Bond Index (GBP Hedged), and 10% in the Sterling Overnight Index Average (“SONIA”), after the deduction of charges, over any 5 year period.
The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson, Exchange Traded Funds and unregulated funds) to provide diversified global exposure to a range of assets including shares (equities) of companies, bonds issued by companies and governments, and to a lesser extent, alternative assets such as property, commodities, private equity and hedge funds. In normal market conditions between 40% and 85% of the Fund’s exposure will be to equities). At least 50% of the Fund’s net asset value will be invested in securities denominated in established market currencies (US Dollar, Sterling and Euro), 25% of the Fund’s net asset value must be denominated in Sterling, this includes any securities that have been hedged back into Sterling. There is no minimum exposure requirement in fixed income securities (bonds issued by companies and government).
New Investment Objective:
The Fund aims to provide capital growth over the long term by outperforming the “Composite Benchmark”, which consists of: 20% FTSE All-Share Index, 60% MSCI All Country World Index ex UK, 2.5% Bloomberg Barclays Sterling Aggregate Total Return GBP Index, 7.5% Bloomberg Barclays Global Aggregate Bond Index (GBP Hedged), and 10% in the Sterling Overnight Index Average (“SONIA”), after the deduction of charges, over any 5 year period.
The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson, Exchange Traded Funds and unregulated funds) to provide diversified global exposure to a range of assets including shares (equities) of companies, bonds issued by companies and governments, and to a lesser extent, alternative assets such as property, commodities, private equity and hedge funds. Up to 100% of the Funds exposure may be to equities, however, there is no minimum exposure to equities, fixed income (bonds issued by companies and governments), cash, or currencies. The Fund may also invest directly in other assets including developed market government bonds, investment trusts, cash and money market instruments.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Investment Objective:
The Fund aims to provide capital growth over the long term by outperforming the “Composite Benchmark”, which consists of: 17.5% FTSE All-Share Index, 52.5% MSCI All Country World Index ex UK, 5% Bloomberg Barclays Sterling Aggregate Total Return GBP Index, 15% Bloomberg Barclays Global Aggregate Bond Index (GBP Hedged), and 10% in the Sterling Overnight Index Average (“SONIA”), after the deduction of charges, over any 5 year period.
The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson, Exchange Traded Funds and unregulated funds) to provide diversified global exposure to a range of assets including shares (equities) of companies, bonds issued by companies and governments, and to a lesser extent, alternative assets such as property, commodities, private equity and hedge funds. In normal market conditions between 40% and 85% of the Fund’s exposure will be to equities). At least 50% of the Fund’s net asset value will be invested in securities denominated in established market currencies (US Dollar, Sterling and Euro), 25% of the Fund’s net asset value must be denominated in Sterling, this includes any securities that have been hedged back into Sterling. There is no minimum exposure requirement in fixed income securities (bonds issued by companies and government).
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
New Investment Objective:
The Fund aims to:
• Provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than that of the MSCI World Index over any five-year period, and
• As its Sustainability Goal, support the mitigation of climate change by investing at least 70% of the Fund in companies that contribute towards the Paris Agreement climate change goal and have the potential to reduce their contribution to climate change determined by their potential to decarbonise their operations over time and ultimately reach Net Zero.
The Fund invests at least 80% of its Net Asset Value in the equity securities and equity-related instruments of companies across any sector and market capitalisation that are incorporated, domiciled or listed in any country, including Emerging Markets. The Fund has a concentrated portfolio and usually holds fewer than 40 companies. The Fund may also invest in other transferable securities, money market instruments, cash and near cash for liquidity purposes, directly and via collective investment schemes (including funds managed by M&G).Derivatives may be used for Efficient Portfolio Management and hedging.
This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
