M&G Income Fund

Alex Odd

Fund manager: Alex Odd

Products available: ISA, OEIC & Savings Plan

Fund objective

The Fund invests mainly in a range of UK equities with the aim of achieving income growth. The target yield is at least 15% higher than that of the FTSE All-Share Index. Subject to this, the aim is to maximise total return (the combination of income and growth of capital). 

 

Policy for achieving objective

The Fund tends to have a modest tilt towards lowly valued stocks due to the requirement for yield and the fact the fund manager is seeking to buy stocks at attractive valuations where the quality of that company is not generally appreciated by investors.

 

About the fund manager

Alex joined M&G in February 2005 as a fund manager on the UK equity team.

In September 1995 Alex began his career with PriceWaterhouseCoopers as a trainee auditor. From January 1997 he worked for Jupiter Asset Management as assistant fund manager to Anthony Nutt, as well as supporting, in an analyst capacity, the rest of the UK team.  

In 1995 Alex gained a BA (Hons) degree from Manchester University in politics and modern history. 

In addition to the fund data that can be found by accessing the menu to the left of this page you may also wish to read the fund key features document which contains further fund information.

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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 GB 235 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 - opens new window). 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 - opens new window). Registered Office Laurence Pountney Hill, London, EC4R 0HH. Registered in England No. 923891. Both companies are registered for VAT, number 235323781.