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M&G 7% Target Income Fund | Worldwide–Multi Asset–Unclassified
1.1899    +0.0020    (+0.168%)
NAV price (ZAR) Tue 10 Nov 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 138 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) 389 651 741
Latest Price 1.19
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 1.10%
Minimum Investment-
TTM Distribution Yield 8.71%
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 Equities22.20%  
 Foreign Equities2.80%  
 SA Bonds59.10%  
 Foreign Bonds3.00%  
 SA Property4.20%  
 Foreign Property0.00%  
 SA Cash8.60%  
 Foreign Cash0.10%  
Top Holdings as at 30 Sep 2026
SecurityUnitsValue (Rm)% of Fund
R2040 38 562 000 38.2810.14%
PCBFB 34 380 271 36.839.75%
PHIFB 30 790 688 31.368.31%
R2044 32 510 000 31.158.25%
R2035 27 608 000 28.007.42%
R2037 27 182 979 26.697.07%
O-PRUWWRR 807 116 22.155.87%
R2048 12 380 000 11.773.12%
R2038 10 370 000 11.653.09%
R2030 11 500 000 11.613.07%
Totals  249.4966.08%
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