Changes to the Aegon M&G Corporate Bond (BLK) fund on Aegon TargetPlan


On 15 February 2021, the annual management charge (AMC) for the Aegon M&G Corporate Bond (BLK) fund reduced by 0.20% across the following share classes available via the Aegon TargetPlan fund range:

  • Class AG
  • Class l10
  • Class l11
  • Class l4
  • Class l7
  • Class l8
  • Class l9
  • Class P
  • Class UU

Why has the AMC reduced?

The underlying fund manager, M&G Securities Limited (M&G), has changed the way it charges for the management of its funds. As a result, the charges for the above share classes of the Aegon M&G Corporate Bond (BLK) fund have reduced.

Nothing else about the fund has changed as a result of this. The fund’s aim and objective, fund manager and Aegon TargetPlan risk rating remain the same.

For more information on the fund, you can view the relevant fund factsheet via the ‘Fund prices and performance’ page on our website and select ‘TargetPlan funds’.

What investors need to do

Existing investors don’t need to do anything. Please speak to a financial adviser if you’re unsure about what these changes means for you. You can find one in your area at