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M&G Optimal Income Fund Sterling A Acc

Performance History31/05/2017
Growth of 1,000 (GBP) Advanced Graph
M&G Optimal Income Fund Sterling A Acc
Fund7.34.7-1.27.72.7
+/-Cat1.7-1.0-1.9-0.5-0.4
+/-B’mrk-----
 
Key Stats
NAV
26/06/2017
 GBX 208.03
Day Change 0.18%
Morningstar Category™ GBP Cautious Allocation
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB00B1H05155
Fund Size (Mil)
26/06/2017
 USD 24346.76
Share Class Size (Mil)
26/06/2017
 GBP 605.94
Max Initial Charge 3.00%
Ongoing Charge
28/04/2017
  1.41%
Morningstar Research
Analyst Report

We retain our conviction in this strategy, which largely stems from our confidence in manager Richard Woolnough. 

Woolnough’s expertise in macroeconomic analysis and ability to allocate across the fixed-income universe underpin the fund's...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentPositive
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: M&G Optimal Income Fund Sterling A Acc
The fund aims to deliver income and capital growth by investing in a broad range of fixed income securities, wherever the manager sees the greatest opportunities. The manager may also hold up to 20% of the portfolio in company shares when he believes they offer better value than bonds. Exposure to these assets is gained through physical holdings and the use of derivatives. An in-house team of independent credit analysts assists the fund manager in the selection of individual bond issues.
Returns
Trailing Returns26/06/2017
YTD3.55
3 Years Annualised3.62
5 Years Annualised5.95
10 Years Annualised7.38
12 Month Yield 2.31
Management
Manager Name
Start Date
Richard Woolnough
08/12/2006
Inception Date
08/12/2006
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not Benchmarked-
Portfolio Profile for  M&G Optimal Income Fund Sterling A Acc31/05/2017
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock4.090.004.09
Bond119.9441.1078.84
Property0.000.000.00
Cash29.2724.265.01
Other13.486.327.16
Fixed Income
Effective Maturity9.39
Effective Duration2.07
Top 5 Regions%
United States38.00
Eurozone32.82
Europe - ex Euro15.89
United Kingdom9.10
Canada4.19
Top 5 Sectors%
Consumer Cyclical47.51
Healthcare31.86
Utilities7.90
Basic Materials5.99
Technology5.49
Top 5 HoldingsSector%
Germany (Federal Republic Of) 0.5%3.15
Germany (Federal Republic Of) 0.25%3.15
Germany (Federal Republic Of) 4.25%3.00
Germany (Federal Republic Of) 1%2.91
Germany (Federal Republic Of) 0.75%2.47
M&G Optimal Income Fund Sterling A Acc