M&G (Lux) Income Allocation Fund A Q EUR Inc
M&G (LUX) Investment Funds 1 (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The fund aims to provide: a growing income over any three-year period; and capital growth of 2-4% on average per year over any three-year period. Core investment: The fund typically invests directly in a mix of income- generating assets within the following allocation ranges: 40-80% in fixed income securities (including bonds and asset-back securities); 10-50% in company shares; 0-20% in other assets (including convertibles and contingent convertible debt securities). The fund may also invest in these assets via derivatives or through other funds. The fund may invest in China A-Shares and in Chinese bonds denominated in renminbi. A minimum of 70% of the fund in euro or hedged back to euro. Other investments: The fund may invest in other funds and cash or assets that can be turned into cash quickly. Derivatives: The fund may invest via derivatives and use derivative to reduce the risks and costs of managing the fund. Strategy in brief: The fund employs is actively managed with a highly flexible investment approach. The investment manager has the freedom to allocate capital between different types of assets in response to changes in economic conditions and asset prices. The approach combines in-depth research to work out the 'fair' value of assets over the medium to long term, with analysis of the market's short-term reactions to events, to identify investment opportunities. The fund seeks to manage risk by investing globally across multiple asset classes, sectors, currencies and countries. Where the investment manager believes opportunities are limited to a few areas, the portfolio may be very concentrated in certain assets or markets. The investment manager normally seeks to hold at least 70% of the fund in euros. Benchmark: The fund is actively managed and it has no benchmark. Investors can assess the performance of the fund by its objective to provide a growing level of income and capital growth of 2-4% per annum, both measured over any three-year period. You can find more information about the objective and investment policy of the fund in the Prospectus. You can find an explanation of some of the terms used in this document in the glossary at https://docs.mandg.com/docs/glossary-master-en.pdf Other information You can buy and sell shares in the fund on any business day. Instructions received before 13:00 Luxembourg time will be dealt at that day’s price. Any income from the fund may be paid out to you quarterly. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. These may have a material impact on your returns. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 14/07/20208.81
Morningstar categoryEUR Moderate Allocation - Global
CurrencyEUR
Distribution statusDistributing
ISINLU1582985039
Inception Date16/01/2018
Minimum initial amount100.00
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.72% of which 0.75% is paid to MeDirect
Fund management company
AddressM&G Luxembourg S.A. 16, boulevard Royal, Luxembourg L-2449 Luxembourg
Manager NameSteven Andrew
Manager Start Date16/01/2018
Websitewww.mandg.com
Total Net Assets (mil)1,162.38 EUR (30/06/2020)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Documents

Prospectus
en 01/07/2020
Annual Report
en 31/03/2019
Semi Annual Report
en 30/09/2019
Morningstar Report
15/07/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-4.19%14/07/2020
Since launch1.05%14/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-9.19
1 month1.08
3 months6.59
6 months-9.65
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-16.18%7.06%--
20195.79%2.55%4.05%3.03%
Dividend
Date ex dividendGross dividendPayment Date
20/01/20200.0823/01/2020
21/01/20190.0724/01/2019
23/04/20180.0226/04/2018
01/02/20170.0828/02/2017
01/02/20160.0829/02/2016
03/08/20150.0831/08/2015

Asset Allocation
% Long% Short% Net Assets
Stock46.57%0.00%46.57%
Bond50.30%0.00%50.30%
Cash73.86%71.30%2.55%
Other0.58%0.00%0.58%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
15.2810.089.53
Sharpe Ratio
-0.150.040.24
Sortino Ratio
-0.170.050.31
Positive Months10.0024.0041.00
Negative Months2.0012.0019.00
Worst Month-12.50-12.50-12.50
World Regions
Region%
United States14.20
Eurozone13.23
Japan11.13
United Kingdom2.41
Canada2.24
Asia - Developed1.27
Asia - Emerging1.12
Australasia0.69
Stock Sector Weighting
Sector% of Equity
Financial Services18.74
Consumer Cyclical
6.07
Technology5.86
Industrials4.99
Healthcare3.31
Real Estate1.80
Consumer Defensive
1.40
Communication Services0.74
Basic Materials0.44
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Bonds 3% United States12.50
United States Treasury Bonds 2.75% United States5.71
Italy (Republic Of) 2.7% Italy4.97
Republic of Colombia 10% Colombia3.27
Mexico (United Mexican States) 8.5% Mexico3.24
Brazil (Federative Republic) 10% Brazil2.87
Republic of South Africa 6.25% South Africa2.83
Inter-American Development Bank 7.88% Supranational2.11
Poland (Republic of) 5.75% Poland1.88
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
8.81
Closing Price
All key information and documents must be reviewed before being able to Invest.