M&G Property Portfolio Sterling I Acc

Category Property - Direct UK

This fund can be held in an Investment ISA and a SIPP

Last buy/sell price

1,043.09p/970.85p

arrow-down-0.08p (-0.01%)

Fund Code

MPPIA

B8FYD92

GB00B8FYD926

Prices updated as at 24 Dec 2024

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.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Fund status	Open
Fund type	Open Ended Investment Company
Fund manager	Justin Upton
	1120.5
	970.85
Fund comparative index	IA UK Direct Property
	UK Direct Property
	-
	0.64
	0.00
	0.00
	Property - Direct UK
	No
Fund provider	M&G Securities Ltd
Share class launch date	18 Jan 2013
	£578.70m
	-
	4.40
	-
	Quarterly

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.

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