NAACIF – upcoming fund changes

M&G are proposing changes for the future management of assets.  Key among these are to broaden the investment mandate across a wider range of global assets, reducing annual fees from 0.60% to 0.50%, and opening access to all UK charities under the new fund name “M&G Charity Multi Asset Fund”. Shareholders have been invited to vote ahead of the EGM scheduled for Friday 4th October.  If members have any questions, please contact Richard Macey at M&G directly on 020 3977 3623 or charities@mandg.co.uk