The M&G glossary provides you with an explanation of frequently used investment and website security terms.
Shares where net income is automatically reinvested and is reflected in the price.
Units where net income is automatically reinvested and is reflected in the price.
Provides a forum for the listing of young and growing companies that do not meet the requirements for a full London Stock Exchange listing.
A charge, usually between 1% and 1.5% of the value of the fund, that is levied for the management of the fund. M&G normally deducts this from the fund's income, fortnightly in advance on a proportionate basis.
An Authorised Corporate Director (ACD) is a regulated entity, performing a task within an OEIC structure similar to that of a Manager of a unit trust scheme.