Change the M&G fund in which you have invested

If your investment needs change or you decide that you would like to invest in a different fund, you can switch between funds at any time whilst retaining your investment in the same product. Please always remember to read and retain the key features before you switch.

What you will need to switch

To switch, you will need your:

Bank account and sort code (if you want any income from your investment paid out to you); and
Details of any existing Direct Debits you have set up (you’ll be prompted to change any existing arrangements).

Switching between funds may incur a charge. Please contact your financial adviser or call Customer Relations on 0800 390 390* if you require any further information (including minimum switching limits) and to obtain a switching pack free of charge.

Unless you specify otherwise, you will automatically be allocated the same share/unit class that you currently hold in the new fund. However, if you wish to change the share/unit class you must specify this.

Please note that switching between funds within an OEIC or Unit Trust is a chargeable event for Capital Gains Tax purposes. If you are unsure of your tax position, please contact a financial adviser.

How to switch online

You can switch between funds on our website via our secure ‘My Account’ service.

You must be registered for ‘My Account’ to switch between funds online and we recommend you confirm any charges applicable to your switch by calling our Website helpline on 0800 316 6570* or by reading the key features before making your transaction.

To switch online:

Choose the new fund that you would like to switch into;
Log in to ‘My Account’;
Follow the onscreen instructions; and
Click the ‘how this amount is calculated’ link on the switch screens to view examples of switching discounts and charges.

Providing instructions are received before 12 noon (the M&G valuation point) on a business day, you will receive that day’s price. Instructions received after 12 noon will receive the next business day’s price.

How to switch by telephone or post

Simply call Customer Relations on 0800 390 390* or contact us in writing at our freepost address stating which fund(s) you wish to sell and those that you wish to reinvest into. You can also download switching forms from our online library which you can then complete, sign and return to us at the freepost address provided.

*All calls are free within the UK. For security purposes and to improve the quality of our service, we may record and randomly monitor telephone calls.

I just want to

Next steps: Contact us; Read about our funds; Find out about 'My Account'; Financial advice

Download literature: ISA switch instruction (including Key Features); OEIC & unit trust switching instruction (including Key Features); Savings Plan switch instruction (including key features); You will require Adobe Acrobat to view these pdf.

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.