For the majority of M&G funds, investors can choose between the following three share classes:
Sterling Class A Shares
Sterling Class X Shares
Sterling Class I Shares
Each share class has been designed with different investment needs in mind.
Please note that Sterling Class X Shares are no longer available for new investments in The M&G ISA and The M&G Junior ISA.
On our Fund availability and fund types table (on page 4 of the attached document) you will find information about the specific share classes available in your choice of fund(s).
Within each share class you are also required to choose between;
- Taking a regular income from your investments by choosing Income shares
- Reinvesting the income they generate through choosing Accumulation shares
Income shares entitle the holder to be paid the income attributed to those shares on the payment date. This is usually paid twice a year but can be paid annually, quarterly or monthly depending on the fund.
Accumulation shares don’t pay income. Instead, they automatically reinvest any income accruing to the fund and this is reflected in the share price. If a fund only offers Income shares, any net income can be reinvested to buy more shares.
This means you can choose the best investment options for your individual requirements.
Please read the Important Information for Investors document for more information on share classes.
However, please remember that the value of investments and the income from them will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested.
To summarise, when making your investment with M&G, please be sure to indicate;
1. The M&G fund(s) you wish to invest in
2. Your preferred share class(es) (detailed below)
3. Whether you would like to invest in Income or Accumulation shares
Remember, your application may be rejected if it is only partially completed.
We are unable to give financial advice. For impartial guidance about investing with M&G we recommend you speak to a financial adviser.