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M&G 7% Target Income Fund | Worldwide–Multi Asset–Unclassified
1.2435    -0.0021    (-0.169%)
NAV price (ZAR) Fri 11 Sep 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 137 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) 384 970 921
Latest Price 1.24
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 1.10%
Minimum Investment-
TTM Distribution Yield 1.46%
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 Equities22.13%  
 Foreign Equities2.65%  
 SA Bonds68.06%  
 Foreign Bonds3.30%  
 SA Property4.11%  
 Foreign Property0.02%  
 SA Cash0.06%  
 Foreign Cash-0.33%  
Top Holdings as at 30 Jun 2026
SecurityUnitsValue (Rm)% of Fund
PCBFB 33 608 880 37.009.50%
R2044 32 280 000 32.868.44%
PHIFA 31 640 370 32.238.28%
R2040 30 672 000 32.178.26%
R2035 27 418 000 29.237.51%
R2037 27 002 979 27.857.15%
O-PRUWWRR 807 116 21.965.64%
R2032 17 062 000 17.614.52%
R2048 12 300 000 12.463.20%
R2038 10 310 000 12.233.14%
Totals  255.5965.63%
Recently viewed
11 Sep1.24-0.00-0.17% 
11 Sep616.91+2.29+0.37% 
10 Sep2.88-0.01-0.38% 
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