Unit Classes available in The M&G Unit Trust
There are currently four unit classes available for investment in a unit trust:
- Sterling Class A Units
Carry an initial charge (which is deducted from the amount you are investing) and no withdrawal fee. If you buy this unit class online, you may be entitled to a discounted initial charge. - Sterling Class X Units
Do not carry an initial charge, but have an withdrawal fee which reduces each year from the date of each investment and after five years there is no withdrawal fee at all.
The table below shows the withdrawal fees for Sterling Class X Units:
| Withdrawal Fees – Sterling Class X Units |
| Withdrawal before the stated anniversary of their purchase | Withdrawal Fee |
| 1st year | 4.5% |
| 2nd year | 4.0% |
| 3rd year | 3.0% |
| 4th year | 2.0% |
| 5th year | 1.0% |
| Thereafter | Nil |
- Sterling Class S Units
Do not carry an initial charge or withdrawal fee. - Sterling Class R Units
Carry an initial charge (which is deducted from the amount you are investing) and no withdrawal fee.
Find out how much you can invest in The M&G Unit Trust.
