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M&G Corporate Action Announcement - Revisions to the M&G Global Recovery Fund OEIC *Effective 6 December 2019* UK

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This announcement is to advise you that M&G Securities Limited will be making changes to the M&G Global Recovery Fund OEIC (a sub-fund of M&G Investment Funds (12)), effective from 6 December 2019.

 

The fund will change its investment approach and will be renamed the M&G Global Strategic Value Fund.

 

All share classes of the fund are impacted and are shown below and on the attached file. Also attached is the investment Circular detailing the changes, this has been sent to all shareholders of the fund by post today.

 

Fund & Share Class

ISIN

M&G Global Recovery Fund Euro A Accumulation

GB00BYRJNL93

M&G Global Recovery Fund Euro C Accumulation

GB00BYRJNM01

M&G Global Recovery Fund Sterling A Accumulation

GB00B3V2KY90

M&G Global Recovery Fund Sterling A Income

GB00B6QQDK47

M&G Global Recovery Fund Sterling I Accumulation

GB00B6173L33

M&G Global Recovery Fund Sterling I Income

GB00B706FQ75

M&G Global Recovery Fund Sterling R Accumulation

GB00B7MYFM53

M&G Global Recovery Fund Sterling R Income

GB00B7Q06F91

M&G Global Recovery Fund USD A Accumulation

GB00BYRJNN18

M&G Global Recovery Fund USD C Accumulation

GB00BYRJNP32

 

Key Headlines are:

  • The fund will be renamed the M&G Global Strategic Value Fund.
  • The fund’s Investment approach will be revised but the objective and investment policy will not change.
  • The funds Risk Rating is not expected to change as a result of these changes.

 

If you have any query concerning this matter please contact M&G Securities Limited on 0800 390 390 or at info@mandg.co.uk.

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