M&G Index Tracker Class A Accumulation Units
HL comment
Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.
Information from the fund manager
Simplified prospectus/Key Investor Information
Document
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
HL group comment: M&G
Our view on this Fund Management Group as a whole
The group has gone through some dramatic changes both internally, with shake ups in their fund range, and externally as a result of having been bought by the Prudential. Changes over the last few years to both the team and the investment philosophy has led to an improvement in performance across a range of funds. One sector in which they have been successful is in corporate bonds, where assets under management have grown enormously, and has provided a core element of their unit trust business. Their equity business is now equally competitive in the market place with performance speaking for itself across a range of funds including their UK and global products.
06-05-2009
HL sector comment: UK All Companies
Our view on this sector
The UK economy grew 0.5% in the third quarter of 2011, better than many expected, but still anaemic. Continuing woes in the euro zone, one of the UK's biggest trading partners, have weighed on the economy. The Bank of England's Monetary Policy Committee recently announced a further £75bn of quantitative easing in an effort to stimulate the economy, but it remains to be seen whether it will be effective. On a positive note UK companies look in good shape; dividends have been increasing and many are sitting on large cash reserves. Corporate prospects remain strong and investors could benefit from the experience of some talented UK fund managers in this sector.
13-12-2011