Morningstar
RecommendedGuide to Asset Flows Open Window IconGuide to Indexes for Fund Management Open Window IconInvestment Analysis Platform for Fund Managers Fund Insights

M&G Global Macro Bond Fund Sterling I Inc

Register to Unlock Ratings
Performance History31/10/2021
Growth of 1,000 (GBP) Advanced Graph
M&G Global Macro Bond Fund Sterling I Inc
Fund-3.83.74.48.8-4.9
+/-Cat-4.13.61.34.4-2.4
+/-B’mrk-1.9-1.21.73.0-0.3
 
Category: Global Flexible Bond
Category Benchmark: Bloomberg Global Aggregate ...
Key Stats
NAV
26/11/2021		 GBX 132.02
Day Change 0.37%
Morningstar Category™ Global Flexible Bond
IA (formerly IMA) Sector Global Mixed Bond
ISIN GB00B78PH601
Fund Size (Mil)
26/11/2021		 GBP 1528.87
Share Class Size (Mil)
26/11/2021		 GBP 394.78
Max Initial Charge -
Ongoing Charge
11/06/2021		  0.63%
Morningstar Research
Analyst Report

Manager Jim Leaviss is key to our positive view here. His willingness and ability to take conviction positions across the fixed-income spectrum make this a strong option for investors. Thus our conviction in the People and Process Pillars has not...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: M&G Global Macro Bond Fund Sterling I Inc
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 Global Mixed Bond sector over any five-year period.
Returns
Trailing Returns (GBP)26/11/2021
YTD-3.11
3 Years Annualised4.09
5 Years Annualised2.19
10 Years Annualised*4.96
12 Month Yield 1.34
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Jim Leaviss
15/10/1999
Inception Date
16/12/2011
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Global Mixed Bond Sector TR GBPBloomberg Global Aggregate TR USD
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 Global Macro Bond Fund Sterling I Inc31/10/2021
Fixed Income
Effective Maturity-
Effective Duration5.10
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond83.361.3182.05
Property0.000.000.00
Cash40.9937.943.06
Other1.620.001.62

Related

Equity Research & Insights
Stocks on Santa's Naughty List
Morningstar analysts say these stocks are overvalued, have no moat and have a high or very high uncertainty rating - no wonder they're on Santa's inve...
Santa Claus 2020 thumbnail
James Gard
Fund Research & Insights
5 Best and Worst-Performing Rated Funds in 2018
Fund managers had a tough year in 2018, with 91% of top-rated investors failing to make money. We highlight some of the bright spots, as well as those...
Stock market charts 1863880 78 sm
David Brenchley
Equity Research & Insights
Oldfield Partners' 3 Top Income Stock Picks
Overstone UCITS Equity Income has upped the weighting to UK domestic names since the Brexit vote. Here the co-managers share three income picks
Yield
David Brenchley
Bond Investing
Bond Funds Which Survived Rising Rates
The past three months have seen bond markets struggle against a backdrop of rising rates and geopolitical tensions - which funds managed to hold firm?
Rise small
Irene Ruiz Espejo
Fund Research & Insights
Bond Funds Struggle as Rates Rise
Rising interest rates and geopolitical tensions cause losses in several bond fund Morningstar categories
Global bond week sm
Ashis Dash
Special Report
3 Large-Cap Income Stalwarts
Let's look at the top holdings of the some highly-rated income funds
Man stacking coins
James Gard
ESG
The Great Reclassification: How SFDR Is Changing Funds
Over the past three months, asset managers have continued to enhance existing strategies, reclassify funds, and launch new ones meeting Article 8 or A...
Pencils of a variety of colours
Hortense Bioy
Equity Research & Insights
Stock of the Week: Ferrari
The luxury carmaker has a valuation as rich as its customers
Stock of the week post-it
James Gard
Personal Finance
Investment Horror Stories for Halloween
Gather round and hark these tales of horror, and learn from these mistakes!
Pumpkin
Ruth Saldanha
Special Report
Top Rated Sustainable Funds
We’ve screened the thousands of UK funds covered by Morningstar and found the highest rated and most sustainable
Gold trophy
James Gard
* This share class has performance data calculated prior to the inception date, 2011-12-16. This is based upon a simulated/extended track record, using the track record of M&G Global Macro Bond GBP X Inc (ISIN: GB0031960254), 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)
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement       

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here

Select Your Site Edition To make sure the site is relevant to you, we need to know if you’re an individual investor or a financial professional.