M&G (Lux) Conservative Allocation Fund
The more cautious approach
A cautious, flexible fund designed for volatility-averse investors seeking a prudent approach to capital growth.
M&G (Lux) Dynamic Allocation Fund
The growth-focused approach
A balanced, flexible multi-asset fund designed for investors who want to balance the growth potential of equities with a diversified approach to risk management.
M&G (Lux) Income Allocation Fund
The income-focused approach
A multi-asset investment strategy for income seekers; the fund is designed to provide a growing level of income and capital growth.
Fixed income: excludes cash and cash equivalents
Others: mainly real estate-related securities, convertibles and infrastructure assets for the M&G (Lux) Conservative Allocation Fund and M&G (Lux) Dynamic Allocation Fund; mainly convertibles for the M&G (lux) Income Allocation Fund.
The pie charts above show the neutral positions of the funds if all assets were trading at their 'fair value'. This can be thought of as a strategic asset allocation. In an ideal world, when all assets were trading at their 'fair value', then neutrality would be how a fund was positioned, given its strategy and risk profile. However, assets seldom trade at fair value, so the actual allocation of each fund may not match the neutral position.
The M&G (Lux) Dynamic Allocation Fund, M&G (Lux) Conservative Allocation Fund and M&G (Lux) Income Allocation Fund, Luxembourg SICAV funds, launched on 16 January 2018. On 16 March 2018, the M&G Dynamic Allocation Fund, M&G Prudent Allocation Fund and M&G Income Allocation Fund, (UK stand-alone authorised UCITS) merged into the respective SICAV funds. The SICAV funds are run by the same fund managers, applying the same investment strategy, as the respective UCITS funds.
The funds allow for the extensive use of derivatives.