M&G Corporate Bond Fund Sterling I Acc

Performance History31/01/2020
Growth of 1,000 (GBP) Advanced Graph
M&G Corporate Bond Fund Sterling I Acc
Fund8.65.3-2.511.31.4
+/-Cat-1.10.5-0.21.7-1.1
+/-B’mrk-2.01.0-1.02.1-1.3
 
Key Stats
NAV
20/02/2020
 GBX 81.14
Day Change 0.10%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B1YBRL59
Fund Size (Mil)
20/02/2020
 GBP 3398.88
Share Class Size (Mil)
20/02/2020
 GBP 540.48
Max Initial Charge -
Ongoing Charge
12/02/2020
  0.59%
Morningstar Research
Analyst Report

M&G Corporate Bond retains its Morningstar Analyst Rating of Silver due to the established and time-tested process, the team’s experience in managing money across different stages of the credit cycle, and its strong long-term absolute and...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNegative
Investment Objective: M&G Corporate Bond Fund Sterling I Acc
The fund aims to provide income and capital growth. At least 70% of the fund is invested in sterling-denominated corporate debt instruments. The fund’s exposure to corporate debt may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management. Any currency exposures within the fund may be managed by currency hedges into sterling. The fund may also invest in collective investment schemes, other transferable securities and other debt instruments (including corporate debt and government and public securities denominated in any currency), cash, near cash, other money market securities, warrants and other derivative instruments.
Returns
Trailing Returns (GBP)20/02/2020
YTD1.37
3 Years Annualised4.89
5 Years Annualised4.35
10 Years Annualised6.20
12 Month Yield 2.73
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
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  M&G Corporate Bond Fund Sterling I Acc31/01/2020
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.350.000.35
Bond93.980.0093.98
Property0.000.000.00
Cash21.5616.814.75
Other0.920.000.92

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)

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