Morningstar

M&G Enhanced Income Fund E MGEIE

Strategy

To maximise total returns in excess of the benchmark over a rolling 36-month period, while seeking to protect capital and reduce volatility through active asset management. Investor profile: Individuals requiring an actively managed income solution that provides a high income return together with moderate capital growth. The recommended investment horizon is 1 to 3 years. Investment Mandate: The Fund invests in a diversified mix of local and foreign equity, bonds, listed property and cash. The Fund may also invest in derivatives and other collective investment schemes. Asset allocation is actively and tactically managed to achieve the Fund’s objectives. The intended maximum limits are Equity 10%, Listed Property 25% and Foreign 45%. The Fund is managed to comply with regulations governing retirement fund investments (Regulation 28).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PEICA	M&G Enhanced Income Fund A	—	Open			Jul 1, 2009	ZAR 65.19M	—	Average	ZAR 10,000	−ZAR 7.83M
PEICB	M&G Enhanced Income Fund B	—	Open			Jul 1, 2009	ZAR 92.63M	—	—	ZAR 20M	ZAR 88.26M
PRECX	M&G Enhanced Income Fund X	—	Open			Apr 1, 2011	ZAR 185.30M	—	Above Average	ZAR 10,000	−ZAR 5.33M
PEICD	M&G Enhanced Income Fund D	—	Open			Jul 1, 2011	ZAR 887.19M	—	—	ZAR 20M	ZAR 349.65M
PEIT	M&G Enhanced Income Fund T	—	Open			Jan 2, 2015	ZAR 6.05M	—	Below Average	ZAR 10,000	−ZAR 230,701.94
PEII	M&G Enhanced Income Fund I	—	Open			Jan 2, 2019	ZAR 79.49M	—	High	ZAR 10,000	−ZAR 72.09M
MGEIE	M&G Enhanced Income Fund E	—	Open	—	—	Apr 1, 2025	ZAR 12,022.00	—	—	—	ZAR 707.47

Sponsor Center

Transparency is our policy. Learn how it impacts everything we do

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.