M&G Corporate Bond Fund Sterling I Acc

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Performance History31/12/2021
Growth of 1,000 (GBP) Advanced Graph
M&G Corporate Bond Fund Sterling I Acc
Fund5.3-2.511.36.0-1.8
+/-Cat0.5-0.21.7-2.70.9
+/-B’mrk1.0-1.02.1-1.81.3
 
Key Stats
NAV
14/01/2022
 GBX 82.71
Day Change -0.02%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B1YBRL59
Fund Size (Mil)
14/01/2022
 GBP 1857.98
Share Class Size (Mil)
14/01/2022
 GBP 431.10
Max Initial Charge -
Ongoing Charge
23/08/2021
  0.41%
Morningstar Research
Analyst Report

M&G Corporate Bond utilises an established and time-tested process, its management team has experience in managing money across different stages of the credit cycle, and the strategy has generated strong long-term absolute and risk-adjusted...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: M&G Corporate Bond Fund Sterling I 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 IA Sterling Corporate Bond sector over any five-year period. At least 70% of the Fund is invested, directly or indirectly through derivatives, in investment grade corporate debt securitiesincluding investment grade Asset-Backed Securities. These securities can be issuedby companies from anywhere in the world, including Emerging Markets. These securities are denominated in Sterling or hedged back to Sterling.
Returns
Trailing Returns (GBP)14/01/2022
YTD-0.74
3 Years Annualised4.66
5 Years Annualised3.41
10 Years Annualised4.70
12 Month Yield 2.05
Management
Manager Name
Start Date
Richard Woolnough
27/02/2004
Ben Lord
01/01/2020
Inception Date
02/07/2007
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Sterling Corporate BondMarkit iBoxx GBP NonGilts TR
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 Corporate Bond Fund Sterling I Acc31/12/2021
Fixed Income
Effective Maturity-
Effective Duration6.58
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond96.006.3889.62
Property0.000.000.00
Cash15.699.406.29
Other4.090.004.09

Related

* This share class has performance data calculated prior to the inception date, 2007-07-02. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
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)