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UK Equity Income

M&G Equities Investment Fund for Charities (Charifund)

Managed by M&G Securities Limited
Latest factsheet
Jul 2026
Fund size
£903.9m
Yearly charge
0.47%
Manager fee
Income yield
4.97%
Holdings
91
Launched
1 Mar 1960

The fund aims to provide: an annual yield above that available from the FTSE All-Share Index; an income stream that increases every year; and a level of capital growth, net of the Ongoing Charge Figure, that is higher than inflation over any ten-year period, as measured by the UK Retail Prices Index. At least 70% of the fund is invested in the shares of UK companies, with a focus on high-yielding stocks where the companies have the potential to grow their dividends over the long term. There is no guarantee that the fund will achieve its objective over this, or any other, period and investors may not get back the original amount they invested.

Michael Stiasny (Fund manager) · Elina Symon (Deputy fund manager)

Calendar-year performance

20222023202420252026
+3.20%+0.50%+15.90%+9.00%+27.00%

Top holdings

#HoldingWeight
1HSBC9.90%
2Shell5.60%
3Astrazeneca4.60%
4Rio Tinto4.00%
5BP4.00%
6Lloyds Banking Group3.90%
7National Grid3.90%
8Glaxosmithkline3.90%
9Natwest2.90%
10Legal & General2.70%

Portfolio breakdown

Sector
Financials42.00%
Energy12.10%
Health care9.30%
Utilities8.20%
Consumer discretionary6.20%
Basic materials6.10%
Real Estate4.80%
Industrials3.70%
Technology2.50%
Consumer staples2.30%
Telecommunications2.30%
Cash0.60%
Market cap
Large62.50%
Medium21.40%
Small4.80%
Preference shares1.00%
FTSE AIM1.60%
Non-FTSE All-Share8.10%
Cash0.60%

Share classes

ClassISINSEDOLTypeHedgedManager feeYearly chargeMinimum
Sterling AccGB0005497416acc0.47%
Sterling IncGB0005494629inc0.47%

Source factsheets

MonthPublished by the managerRead on
Jul 2026View original factsheet ↗22 Aug 2026
FCA reference 106838 · Check this fund on the FCA register ↗
Figures are read from the manager’s own published factsheet and may lag the market. Past performance is not a guide to future returns, and your capital is at risk. This is information, not advice.