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M&G UK Income Distribution Sterling A Inc

Ranked 113 out of 254 in - Aggressive GBP over 12 months
All calculations are in GBP unless stated

Managed by

Richard Hughes

As a UK equity income fund manager and Director of Investment Trusts at M&G, Richard Hughes looks after over £2 billion of assets for the group. Hughes joined M&G in 1986 following an eight-year stint with Derbyshire County Council where he managed its pension fund. Hughes holds an Honours degree in Accounting and Economics from Sheffield University. He was born in Bangor, North Wales in 1957 and cites family, theatre, walking and travel as his main interests outside of fund management.

Objective

The Fund invests mainly in a range of UK equities with the aim of achieving a high income stream which also increases over time. The target yield is 50% higher than that of the FTSE All-Share Index but this may vary in the shorter term. Although income will be the primary consideration, the investment manager will also be mindful of total return (the combination of income and growth of capital).

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Aggressive GBP over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.2% 1.8% 0.5%
2016 12.1% 0.2% 2.7% 7.6% 1.3%
2015 2.3% 4.2% -2.3% -3.0% 3.6%
2014 6.8% 1.4% 2.8% 0.0% 2.5%
2013 17.7% 9.2% -0.4% 3.0% 5.1%
2012 14.6% 5.9% 0.9% 5.8% 1.5%
2011 3.1% 1.4% 2.8% -6.5% 5.9%
2010 12.6% 4.5% -6.5% 10.0% 4.7%
2009 16.4% -11.8% 9.6% 16.2% 3.7%
2008 -20.3% -7.7% -5.2% -4.9% -4.2%
2007 -1.8% 0.9% -0.1% -3.0% 0.5%
2006 17.1% 6.0% -1.5% 5.3% 6.6%
2005 17.2% 2.1% 6.2% 4.5% 3.5%
2004 16.8% 0.5% 3.6% 4.1% 7.7%
2003 16.1% -3.9% 11.8% 2.2% 5.7%
2002 -10.4% 3.0% -6.5% -9.6% 2.8%
2001 -2.2% -2.2% 2.5% -8.4% 6.4%
2000 8.3% -2.7% 3.6% 2.9% 4.4%
1999 16.2% 8.5% 6.3% -4.7% 5.6%
1998 2.4% 15.5% -2.5% -16.5% 8.8%
1997 25.2% 4.5% 2.4% 15.3% 1.5%
1996 14.6% 2.3% 0.0% 5.5% 6.2%
1995 2.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2017

Top 10 Holdings

Stock Size
British American Tobacco PLC ORD 5.08
Royal Dutch Shell Plc B ORD 4.21
BP PLC ORD 4.11
HSBC Holdings PLC ORD 3.80
Vodafone Group PLC ORD 3.06
GlaxoSmithKline PLC ORD 3.03
AstraZeneca PLC ORD 2.79
Rio Tinto PLC ORD 2.45
Northern Trust Global - The Sterling E 2.01
Aviva PLC ORD 1.93
31/07/2017

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date19/11/1973
  • Share Class size652Mn
  • Base currencyGBP
  • ISIN GB0031107021

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.25%
  • Initial investment4

Related News

AAA-rated M&G veteran Hughes to exit

Fund manager to leave amid equity team restructure.

M&G star bullish on insurers despite dropping two stocks

Citywire AAA-rated Richard Hughes believes insurers offer better bets than banks but has reshaped portfolio after valuations rose.

M&G multi-asset star Hughes adds to banks and miners

The Citywire AAA-rated multi-asset manager is looking to give his top performing fund more exposure to emerging markets

M&G's mixed asset star Hughes shares his equity income picks

The M&G Extra Income fund manager reveals the high yielding equities that stand up to scrutiny.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).