M&G Optimal Income Fund Sterling A Acc

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Performance History30/04/2024
Growth of 1,000 (GBP) Advanced Graph
M&G Optimal Income Fund Sterling A Acc
Fund2.42.4-10.813.1-1.4
+/-Cat-1.3-0.1-0.65.9-1.2
+/-B’mrk-3.12.72.47.1-0.4
 
Key Stats
NAV
24/05/2024
 GBX 232.58
Day Change -0.45%
Morningstar Category™ GBP Allocation 0-20% Equity
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB00B1H05155
Fund Size (Mil)
24/05/2024
 GBP 1446.45
Share Class Size (Mil)
24/05/2024
 GBP 175.99
Max Initial Charge -
Ongoing Charge
12/02/2024
  1.03%
Morningstar Research
Analyst Report19/10/2023
Evangelia Gkeka, Senior Analyst
Morningstar, Inc

M&G Optimal Income utilises an established and time-tested process, offers exposure to a team that has experience in managing money across different stages of the credit cycle, and has achieved strong performance over the long term. The...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent23
Process24
Performance
Price
Investment Objective: M&G Optimal Income Fund Sterling A Acc
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged. At least 50% of the Fund is invested, directly or indirectly through derivatives, in debt securities, including investment grade bonds, below investment grade unrated securities and ABS. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency. At least 80% of the Fund is in Sterling or hedged back to Sterling.
Returns
Trailing Returns (GBP)24/05/2024
YTD-0.25
3 Years Annualised0.34
5 Years Annualised1.98
10 Years Annualised2.28
12 Month Yield 4.05
Management
Manager Name
Start Date
Richard Woolnough
08/12/2006
Inception Date
08/12/2006
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
33.33% Bloomberg Global Treasury TR Hdg GBP ,  33.34% Bloomberg Global High Yield TR Hdg GBP ,  33.33% Bloomberg Global Aggregate TR Hdg GBPMorningstar UK Cau Tgt Alloc NR GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  M&G Optimal Income Fund Sterling A Acc30/04/2024
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.400.000.40
Bond123.4631.4492.02
Property0.000.000.00
Cash75.3169.495.82
Other1.380.001.38
Fixed Income
Effective Maturity-
Effective Duration6.60
Top 5 Regions%
United States45.03
Eurozone29.10
United Kingdom25.86
Europe - Emerging0.01
Canada0.00
Top 5 Sectors%
Healthcare45.03
Consumer Cyclical29.10
Consumer Defensive25.86
Energy0.01
Top 5 HoldingsSector%
Us 5Yr Note Jun 249.21
Us 10Yr Note Jun 249.13
Us Ultra 10Yr Note Jun 249.05
United States Treasury Notes 3.375%3.77
United States Treasury Notes 0.625%3.70
M&G Optimal Income Fund Sterling A Acc

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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