M&G Global High Yield Bond R Inc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 4.30 |
| Total Expense Ratio | 0.93 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 4.30 |
| Total Expense Ratio | 0.93 |
Cumulative Performance
Discrete Performance
| Fund Size | 1,471,980,000.00 | Launch Date | 16/10/1998 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.93 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500.00 | Total Expense Ratio (%) | 0.93 |
| ISIN | GB00B7K97Y86 | Min Topup (£) | 100.00 | Ongoing Charge (%) | 0.9300 (on 31/12/2019) |
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the ICE BofAML Global High Yield Index (GBP Hedged) over any five-year period.
Stefan Isaacs
Stefan Isaacs is Deputy CIO of Public Fixed Income and Head of M&G's Wholesale Fixed Income business. He joined M&G as a graduate in 2001 and was subsequently promoted to corporate bond dealer specialising in high yield bonds and euro-denominated credit. He was appointed fund manager of the M&G European corporate bond strategy in April 2007. Since 2010, he has also been managing a number of high yield and high yield ESG strategies in London and in Luxembourg.
James Tomlins
James Tomlins, who has more than a decade of experience in high yield credit, joined M&G in June 2011 and started managing fixed income portfolios in January 2014. The strategies he manages include the Global High Yield Bond, the Global Floating Rate High Yield and the Global High Yield ESG Bond strategies. James was previously an analyst and then a fund manager at Cazenove Capital Management. Before Cazenove, he was at KBC Alternative Investment Management; in the three years prior to that, he worked at Merrill Lynch Investment Managers. James is a CFA charterholder. He graduated with an MA in history and PgDip in economics from the University of Cambridge.
Luke Coha
Luke Coha joined M&G in April 2014 as a high yield specialist focused on the US high yield bond market and became a deputy manager of the Global High Yield Bond strategy in January 2018. Prior to joining M&G, he spent eight years at Fitch Ratings in the US as a lead healthcare analyst and before that, six years with Coopers & Lybrand Consulting as a management consultant to hospitals, health systems and physician organisations. Luke is an MBA graduate from De Paul University (Kellstad Graduate School of Business), having previously obtained a business degree at the University of Iowa.
| Name | Weight |
|---|---|
| African Corporate Fixed Intere | 0.00% |
| American Emerging High Yield F | 0.00% |
| Asia Pacific Emerging High Yie | 0.00% |
| Belgian High Yield Fixed Inter | 0.00% |
| Brazilian High Yield Fixed Int | 1.00% |
| Canadian High Yield Fixed Inte | 1.00% |
| Chilean High Yield Fixed Inter | 0.00% |
| Chinese High Yield Fixed Inter | 4.00% |
| Czech High Yield Fixed Interes | 0.00% |
| Dutch High Yield Fixed Interes | 3.00% |
| European Emerging High Yield F | 0.00% |
| Finnish High Yield Fixed Inter | 0.00% |
| French High Yield Fixed Intere | 4.00% |
| GCC High Yield Fixed Interest | 0.00% |
| German High Yield Fixed Intere | 3.00% |
| Indian High Yield Fixed Intere | 0.00% |
| Irish High Yield Fixed Interes | 0.00% |
| Italian High Yield Fixed Inter | 2.00% |
| Japanese High Yield Fixed Inte | 0.00% |
| Luxembourg High Yield Fixed In | 2.00% |
| Mexican High Yield Fixed Inter | 3.00% |
| Middle East & African High Yie | 1.00% |
| Money Market | 0.00% |
| Norwegian High Yield Fixed Int | 0.00% |
| Polish High Yield Fixed Intere | 0.00% |
| South African High Yield Fixed | 0.00% |
| Spanish High Yield Fixed Inter | 1.00% |
| Swedish High Yield Fixed Inter | 1.00% |
| Swiss High Yield Fixed Interes | 1.00% |
| UK High Yield Fixed Interest | 12.00% |
| US High Yield Fixed Interest | 46.00% |
| Name | Weight |
|---|---|
| Belgium | 0.00% |
| Bermuda | 0.00% |
| Brazil | 1.00% |
| Canada | 1.00% |
| Chile | 0.00% |
| China | 4.00% |
| Colombia | 0.00% |
| Czech Republic | 0.00% |
| Finland | 0.00% |
| France | 4.00% |
| Germany | 3.00% |
| India | 0.00% |
| Ireland | 0.00% |
| Israel | 0.00% |
| Italy | 2.00% |
| Japan | 0.00% |
| Jersey | 0.00% |
| Luxembourg | 2.00% |
| Macau | 0.00% |
| Mauritius | 0.00% |
| Mexico | 3.00% |
| Money Market | 0.00% |
| Morocco | 0.00% |
| Netherlands | 3.00% |
| Nigeria | 0.00% |
| Norway | 0.00% |
| Poland | 0.00% |
| Saudi Arabia | 0.00% |
| South Africa | 0.00% |
| Spain | 1.00% |
| Sweden | 1.00% |
| Switzerland | 1.00% |
| UK | 12.00% |
| USA | 46.00% |
| Ukraine | 0.00% |
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 0.00% |
| Automotive | 5.00% |
| Banks | 4.00% |
| Basic Industries | 6.00% |
| Capital Goods | 8.00% |
| Consumer Goods | 4.00% |
| Energy | 0.00% |
| Financial Services | 0.00% |
| Government Bonds | 3.00% |
| Health Care | 10.00% |
| Insurance | 0.00% |
| Leisure | 3.00% |
| Media | 11.00% |
| Money Market | 0.00% |
| Others | 0.00% |
| Real Estate | 4.00% |
| Retail | 6.00% |
| Services | 2.00% |
| Technology | 2.00% |
| Telecommunications | 5.00% |
| Transport | 1.00% |
| Utilities | 0.00% |
| Name | Weight |
|---|---|
| HM TREASURY UNITED KINGDOM DMO | 3.00% |
| FORD MOTOR CO 9% BDS 22/04/25 | 2.00% |
| AVANTOR INC 3.875% BDS 15/07/2 | 1.00% |
| BAUSCH HEALTH COS INC 7% BDS 1 | 1.00% |
| KB HOME 4.8% BDS 15/11/29 USD2 | 1.00% |
| OCCIDENTAL PETROLEUM CORP 3.5% | 1.00% |
| PETROBRAS GLOBAL FINANCE BV 6. | 1.00% |
| PETROLEOS MEXICANOS 6.5% BDS 1 | 1.00% |
| PILGRIMS PRIDE CORP 5.75% BDS | 1.00% |
| SIRIUS XM RADIO INC 5% 01/08/2 | 1.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.