M&G Global Macro Bond Fund Sterling I Acc

Performance History31/08/2020
Growth of 1,000 (GBP) Advanced Graph
M&G Global Macro Bond Fund Sterling I Acc
Fund25.3-3.83.74.48.8
+/-Cat0.0-4.03.61.36.5
+/-B’mrk3.5-1.9-1.31.73.8
 
Key Stats
NAV
17/09/2020
 GBX 168.49
Day Change -0.05%
Morningstar Category™ Global Flexible Bond
IA (formerly IMA) Sector Global Bonds
ISIN GB00B78PGS53
Fund Size (Mil)
17/09/2020
 GBP 1517.55
Share Class Size (Mil)
17/09/2020
 GBP 750.03
Max Initial Charge -
Ongoing Charge
23/03/2020
  0.78%
Morningstar Research
Analyst Report

Manager Jim Leaviss is key to our positive view of M&G Global Macro Bond. We retain its Morningstar Analyst Rating of Silver.Leaviss, M&G's head of retail fixed income, has managed this fund in its various iterations since its inception in...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNegative
Investment Objective: M&G Global Macro 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 Global Bonds Sector over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in debt securities and in Asset-Backed Securities. 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.
Returns
Trailing Returns (GBP)17/09/2020
YTD11.39
3 Years Annualised6.67
5 Years Annualised8.38
10 Years Annualised*5.86
12 Month Yield 1.58
Management
Manager Name
Start Date
Jim Leaviss
15/10/1999
Inception Date
16/12/2011
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Global BondsBBgBarc 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 Acc31/08/2020
Fixed Income
Effective Maturity-
Effective Duration5.52
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond84.910.0084.91
Property0.000.000.00
Cash51.2648.272.99
Other2.030.002.03

Related

* 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 Acc (ISIN: GB0031960361), 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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