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M&G 7% Target Income Fund | Worldwide–Multi Asset–Unclassified
1.2393    +0.0131    (+1.068%)
NAV price (ZAR) Mon 25 May 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 140 Rand-denominated Worldwide funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the Worldwide sectors based on 3-year volatility (needle right indicates lower risk within the sectors)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 3 Apr 2019
Fund Size (ZAR) 389 343 846
Latest Price 1.24
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.11%
Minimum Investment-
TTM Distribution Yield 2.59%
Fund Objective
INVESTOR PROFILE: Income drawing investors who want to invest in a fund that aims to earn 7% income per year. Subject to this being achieved, investors also want capital growth over time. The very high level of targeted income return means it is most likely that the real value of capital after targeted income drawdowns will be eroded over the long term. INVESTMENT MANDATE: The Fund invests in a flexible mix of local and foreign equity, bonds, property and cash. The Fund can also invest in derivatives and other collective investment schemes....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities22.91%  
 Foreign Equities2.58%  
 SA Bonds67.83%  
 Foreign Bonds3.35%  
 SA Property4.06%  
 Foreign Property0.03%  
 SA Cash-0.47%  
 Foreign Cash-0.29%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
PCBFB 70 408 108 73.2819.37%
PHIFA 33 125 131 33.758.92%
R2035 27 678 000 27.437.25%
R2040 25 152 000 24.056.36%
O-PRUWWRR 807 116 21.475.67%
R2037 22 295 000 21.165.59%
R2044 19 890 000 18.364.85%
R213 14 410 000 13.603.59%
R2032 13 672 000 13.363.53%
R2030 9 500 000 9.532.52%
Totals  255.9867.65%
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25 May1.24+0.01+1.07% 
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