M&G Strategic Corporate Bond Fund Sterling I Acc

Register to Unlock Ratings
Performance History31/03/2024
Growth of 1,000 (GBP) Advanced Graph
M&G Strategic Corporate Bond Fund Sterling I Acc
Fund6.5-0.5-13.311.00.8
+/-Cat-2.22.25.41.30.6
+/-B’mrk-2.93.47.31.31.0
 
Key Stats
NAV
12/04/2024
 GBX 1429.87
Day Change 0.30%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B7J4YT87
Fund Size (Mil)
11/04/2024
 GBP 1193.75
Share Class Size (Mil)
11/04/2024
 GBP 699.38
Max Initial Charge -
Ongoing Charge
12/02/2024
  0.43%
Morningstar Research
Analyst Report19/10/2023
Evangelia Gkeka, Senior Analyst
Morningstar, Inc

M&G Strategic 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...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent23
Process24
Performance
Price
Investment Objective: M&G Strategic 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 iBoxx Sterling Corporates GBP Index, over any five-year period. At least 70% of the Fund is invested , directly or indirectly through derivatives, in investment grade corporate debt securities including investment grade Asset-Backed Securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.
Returns
Trailing Returns (GBP)12/04/2024
YTD-0.35
3 Years Annualised-1.27
5 Years Annualised1.50
10 Years Annualised2.74
12 Month Yield 4.13
Management
Manager Name
Start Date
Richard Woolnough
20/02/2004
Ben Lord
01/01/2020
Inception Date
03/08/2012
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP Corp TRMorningstar UK Corp Bd GR 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 Strategic Corporate Bond Fund Sterling I Acc31/01/2024
Fixed Income
Effective Maturity-
Effective Duration7.09
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond100.546.1394.41
Property0.000.000.00
Cash18.1013.794.31
Other1.280.001.28

Related

* This share class has performance data calculated prior to the inception date, 2012-08-03. This is based upon a simulated/extended track record, using the track record of M&G Strategic Corporate Bond GBP A Acc (ISIN: GB0033828137), 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 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures