M&G launches Pan European Dividend fund for Halle

M&G has launched its latest product, a Pan European Dividend fund for manager Richard Halle. The f...

M&G has launched its latest product, a Pan European Dividend fund for manager Richard Halle. The fund’s objective is to achieve a dividend yield above the market average through a diversified portfolio of European equities. It aims to generate a dividend yield of at least 110% of the FTSE World Europe index. The manager will try to increase income distributions over the long term while maximising total return, and can invest across a range of geographical areas, sectors and market caps. He also has the ability to use derivatives to boost returns, although there are no immediate plans to ...