M&G Balanced B

Price over the past year

1 month

+3.09%

3 months

-0.11%

6 months

-0.56%

1 year

+2.47%

Price returns from the fund's daily prices, after fund costs; they exclude distributions. The factsheet has the full performance record.

What it aims to do

This medium-risk fund is ideal for investors who want steady long-term growth of their capital and income from a diverse portfolio of actively managed South African and global assets. The fund is Regulation 28 compliant, making it suitable for building up long-term retirement capital. The recommended investment horizon is five years or longer. This fund aims to achieve steady long-term growth of capital and income by investing in a diversified combination of domestic and international assets, where the asset allocation is actively managed in the short term.

What it costs

Annual management fee

0.69%

Performance fee

Not published

Total expense ratio (TER)

0.96%

Transaction costs

0.09%

As at 11 November 2026. The TER is what the fund costs to run each year; with transaction costs, it makes up the total investment cost (TIC). The fund's factsheet has the latest figures.

Fund details

Manager

M&G

Fund type

Balanced Funds

Benchmark

ASISA South African - Multi-Asset - High Equity Category Average

Income distribution

Semi-annually

Inception date

Jan 7, 2002

JSE code

PRAB

ISIN

ZAE000041018

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