M&G(Lux)Dynamic Alloc.Fd.A Dis GBP H/  LU2004360835  /

The Fund aims to provide a combination of capital growth and income of 5-10% on average per year over any three-year period, while applying the ESG Criteria. the Fund typically invests via derivatives in a mix of assets, including cash (meaning eligible deposits) and assets that can be turned quickly into cash, from anywhere in the world within the following net allocation ranges: - 0-80% in fixed income securities (including bonds and asset-backed securities) - 20-60% in company shares - 0-20% in other assets (including convertibles, contingent convertible debt securities and property-related securities). The Fund may also invest in these assets directly or through other funds. The allocation ranges shown above are on a net basis, that is, 'long' positions (investments that profit from a rise in asset prices) net of 'short' positions (investments held via derivatives that profit from a fall in asset prices). The Fund may invest in China A-Shares and in Chinese bonds denominated in renminbi or via the QFI status granted to the investment manager. The Fund may invest up to 60% in lower quality bonds. A minimum of 60% of the Fund is typically invested in assets denominated in euro, US dollar and sterling. The Fund invests in securities that meet the ESG Criteria, applying an Exclusionary Approach as described in the precontractual annex.

The Fund aims to provide a combination of capital growth and income of 5-10% on average per year over any three-year period, while applying the ESG Criteria.