M&G Wealth launches full PruFund range on its platform

'Gives advisers greater flexibility and wider choice'

Valeria Martinez
clock • 1 min read

M&G has launched the full PruFund range of smoothed multi-asset funds on its £15.6bn wealth platform.

The funds will be eligible through the platform's ISA, Junior ISA and self-invested personal pension tax wrappers - the first time they have been offered on any investment platform, according to M&G. It comes after the PruFund Planet range of funds launched on the platform last July. PruFund, which holds over £58bn in assets from more than 450,000 customers, is a range of advised-only smoothed multi-asset funds.  It aims to achieve a total return from income and capital over the medium-to-long-term, while protecting investors from some of the short-term ups and downs of direct stoc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read