OEICs and unit trusts – pool your investmentsWhat is an OEIC or unit trust?
What funds are available in the M&G OEIC or unit trust?
How can I invest within the M&G OEIC or unit trust
Both OEICs and unit trusts are UK authorised collective investment schemes.
They are investments where your money is pooled with other investors’ money and is put into different asset classes.
An OEIC is a modern version of a unit trust, and can be a single company or a company with a number of sub-funds known as an umbrella scheme.
If you don’t want to invest via an ISA – for example if you have already used this tax year’s ISA allowance – you can invest directly in any of our OEIC funds.
What are the benefits?
The advantages of investing in an OEIC rather than directly in the stockmarket are that:
Both OEICs and unit trusts are open-ended investments, so more shares or units can be issued or cancelled at any stage. However;
Please note that prices may fluctuate and you may not get back your original investment.
M&G’s full range of funds are available for direct investment in the M&G OEIC or unit trust.
You can find details on four of our most popular funds here:
M&G Corporate Bond Fund
M&G Global Dividend Fund
M&G Recovery Fund
M&G Optimal Income Fund
Visit our main website for the full range of funds.
Before investing remember to read the most up-to-date Key Investor Information Document for each fund you wish to invest in, alongside the Important Information for Investors document. You will require Adobe Acrobat to view this document.
You may also wish to seek financial advice regarding the suitability of your investment. At M&G, we are not authorised to give advice; if you are unsure about the suitability of your investment, speak to your Financial Adviser, or to find details of advisers in your area please visit unbiased.co.uk
There are three ways to invest in the M&G OEIC or unit trust – online, by phone or by post.
The table below gives you a high-level view of your options
| Online | Phone | Post | |
| Lump sum investment | Yes | Yes | Yes |
| Top up (one-off payment) | Yes | Yes | Yes |
| Invest by Direct Debit | Yes | ||
| Amend an existing Direct Debit | Yes | Yes | Yes |
| Switch funds | Yes | Yes | Yes |
| Share exchange | Yes |
You can make a lump sum payment to start or top up your M&G OEIC investment via a Switch/Maestro or Delta debit card.
Please note for security reasons you can only invest a maximum of £10,680 per debit card transactions.
| M&G Property Portfolio | Fund All other funds | |
| Minimum lump sum | £1,000 | £500 |
| Minimum additional lump sum | £100 | £10 |
You can set-up regular payments by Direct Debit into OEIC funds via The M&G Savings Plan.
Move or 'switch' between M&G OEIC funds or from an M&G OEIC fund to an M&G ISA fund if your current investment no longer meets your needs.
Please note that we recommend you confirm any charges applicable to your switch and which day's price you will receive by calling our Customer Relations team on 0800 390 390 prior to making this transaction. We are open 8.00am to 6.00pm from Monday to Friday and 9.00am to 1.00pm on Saturday.
The M&G Share Exchange Scheme offers you an easy way to turn your individual shares or gilts into an investment in an M&G fund, so you can enjoy all the advantages of a ‘pooled’ investment and the peace of mind of having an expert fund manager looking after it for you.
Find out more about the Share Exchange Scheme
*All calls are free within the UK.
For your security and to improve the quality of our service we may record and monitor telephone calls.
Existing customers will require their M&G client reference when dealing over the phone. Please remember to also quote your name, M&G client reference and sign any written communication to M&G.
Failure to provide this information will affect your ability to transact with us.
