Fund chargesFund charges

The table below shows the fund charges. Nominated share/unit class is shown in bold. The nominated ISA share class is different for M&G Corporate Bond, M&G European Corporate Bond and M&G Strategic Corporate Bond Funds (Sterling Class X Shares), and M&G Global Macro Bond Fund (Sterling Class A Shares).

Fund ChargesAnnual Management Charge (AMC)
 Share ClassInitial Charge (%)(%)Taken from:
 M&G American FundA41.5Income
X01.5Income
 M&G Asian FundA41.5Income
X01.5Income
 M&G Cautious Multi Asset FundA41.35*Capital
X01.35*Capital
 M&G Corporate Bond FundA31Income
X01.25Income
I10.5Income
 M&G Dividend FundA41.5Capital
X01.5Capital
 M&G Emerging Markets Bond FundA31.25Income
X01.25Income
 M&G European Corporate Bond FundA31Income
X01.25Income
 M&G European FundA41.5Income
X01.5Income
 M&G European High Yield Bond FundA31.25Income
X01.25Income
 M&G European Index Tracker FundA00.5Income
 M&G European Smaller Companies Fund A41.5Income
X01.5Income
 M&G Europen Special Situations FundA41.75Income
I1.250.75Income
 M&G European Strategic Value FundA41.75Income
I1.250.75Income
 M&G Extra Income FundA41.25Capital
X01.25Capital
 M&G Fund of Investment Fund SharesA41Income
X01.5Income
 M&G Gilt & Fixed Intrest Income FundA00.75Income
 M&G Global Basics FundA41.5Income
X01.5Income
 M&G Global Convertibles FundA41.5Income
I1.250.75Income
 M&G Global Dividend FundA41.5Capital
X01.5Capital
I1.250.75Capital
 M&G Global Emerging Markets FundA41.5Income
I1.250.75Income
 M&G Global Growth Fund A41.5Income
X01.5Income
 M&G Global Leaders FundA41.5Capital
X01.5Capital
 M&G Global Macro Bond FundA31.25Income
X01.25Income
 M&G Global Real Estate Securities FundA41.5Capital
X01.5Capital
I1.250.75Capital
 M&G High Interest FundA00.5Income
 M&G High Yield Corporate Bond FundA31.25Income
X01.25Income
 M&G Income FundA41.5Capital
X01.5Capital
 M&G Index-Linked Bond FundA00.5Income
 M&G Index Tracker FundA00.3Income
 M&G International Sovereign Bond FundA01Income
 M&G Japan FundA41.5Income
X01.5Income
 M&G Japan Smaller Companies FundA41.5Income
X01.5Income
 M&G Managed FundA41.5*Capital
X01.5*Capital
 M&G Managed Growth FundA41.5*Income
X01.5*Income
 M&G North American Value FundA41.5Income
X01.5Income
 M&G Optimal Income FundA41.25Income
X01.5Income
I1.250.75Income
 M&G Pan European Dividend FundA41.5Capital
 M&G Pan European Fund A41.5Capital
X01.5Capital
 M&G Property PortfolioA51.5Income
X01.5Income
S00.75Income
R51.25Income
 M&G Recovery FundA41.5Income
x01.5Income
I40.85Income
 M&G Smaller Companies FundA41.5Income
X01.5Income
 M&G Strategic Corporate Bond FundA31Income
X01.25Income
 M&G UK Growth FundA41.5Income
X01.5Income
 M&G UK Select FundA41.5Income
X01.5Income

*Where the fund invests in another M&G Group UK-Authorised UCITS Scheme, M&G will fully rebate the annual management charge of the underlying fund. For other funds in the M&G Group range, M&G reserves the right to retain a proportion of the annual management charge, or its equivalent, to cover additional costs. 

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Issued by M&G Securities Limited and M&G Financial Services Limited which are subsidiaries of M&G Limited. M&G Limited is incorporated and registered in England. Registered Office: Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 1048359. Registered for VAT, number GB235 3237 81. Both M&G Securities Limited and M&G Financial Services Limited are authorised and regulated by the Financial Services Authority and provide ISAs and other investments. M&G Securities Limited is registered on the FSA's register, No. 122057 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 90776. M&G Financial Services Limited is registered on the FSA's register, No. 122058 (www.fsa.gov.uk/register). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 923891. Both companies are registered for VAT, number GB235 3237 81.