The M&G Managed Growth Fund is a fund of funds, that invests in other M&G Funds.
At least 70% of the fund is invested in other funds to give exposure to a range of assets from anywhere in the world. The fund may also invest directly in these assets and use derivatives. In aggregate, at least 70% of the fund’s assets will be invested in company shares, either directly or via other funds.

Courtesy of M&G