M&g Multi-Asset Fund for Charities
Analysis
M&g Multi-Asset Fund for Charities is a registered charity in England and Wales, based in London. It was registered in July 2019, 7 years ago. Its declared purposes cover other charitable purposes, which this site groups under other charitable purposes. Legally it is a charitable trust. It says it provides other finance.
In the financial year ending November 2025, M&g Multi-Asset Fund for Charities reported income of £10.7m and spending of £10.8m, spending 101% of its income. Across the 5 years on record, from November 2021 to November 2025, income grew from £7.2m to £10.7m (+50%), an average of +11% a year. Over the whole period it spent 102% of the income it received.
Among 1,463 England and Wales charities whose main cause is other charitable purposes and that reported income, M&g Multi-Asset Fund for Charities sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Royal College of Occupational Therapists (£9.5m), National Fire Chiefs Council Limited (£12.7m) and Good Things Foundation (£8.1m).
In its latest detailed accounts, income came from investments 100%. Charitable activities took 89% of spending and raising funds 11%. Reserves of £574k would cover about 1 months of spending at that rate.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Investments 100%
In the charity's own words
The fund has two aims; To provide a higher total return (the combination of capital growth and income), net of the ongoing charge figure, than that of a composite index over any five-year period and to provide an annual yield of at least 3%. The fund invests in collective investment schemes, typically funds managed by M&G, to gain exposure to a diversified range of asset classes including
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Royal College of Occupational Therapists | London | £9.5m |
| National Fire Chiefs Council Limited | London | £12.7m |
| Good Things Foundation | South Yorkshire | £8.1m |
| The British Psychological Society | Leicester | £13.1m |