M&G Global Macro Bond Fund Sterling A Inc

Performance History31/08/2020
Growth of 1,000 (GBP) Advanced Graph
M&G Global Macro Bond Fund Sterling A Inc
Fund24.5-4.43.13.88.4
+/-Cat-0.7-4.63.00.76.1
+/-B’mrk2.8-2.5-1.91.13.4
 
Key Stats
NAV
23/09/2020
 GBX 94.41
Day Change 0.61%
Morningstar Category™ Global Flexible Bond
IA (formerly IMA) Sector Global Bonds
ISIN GB0031616708
Fund Size (Mil)
23/09/2020
 GBP 1536.20
Share Class Size (Mil)
23/09/2020
 GBP 10.60
Max Initial Charge -
Ongoing Charge
23/03/2020
  1.28%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
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 A 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 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)23/09/2020
YTD12.22
3 Years Annualised6.44
5 Years Annualised7.69
10 Years Annualised5.31
12 Month Yield 2.36
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Jim Leaviss
15/10/1999
Inception Date
27/09/1999
Advertisement
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 A Inc31/08/2020
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

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)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies