M&G Strategic Corporate Bond I Acc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 2.12 |
| Total Expense Ratio | 0.61 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 2.12 |
| Total Expense Ratio | 0.61 |
Cumulative Performance
Discrete Performance
| Fund Size | 2,148,870,000.00 | Launch Date | 20/02/2004 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.61 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500,000.00 | Total Expense Ratio (%) | 0.61 |
| ISIN | GB00B7J4YT87 | Min Topup (£) | 10,000.00 | Ongoing Charge (%) | 0.6100 (on 31/08/2020) |
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 of the IA £ Corporate Bond Sector, over any five-year period.
Richard Woolnough
Richard Woolnough joined M&G in January 2004 and is Richard Woolnough manages Optimal Income, Corporate Bond and Strategic Corporate Bond, three of M&G’s flagship fixed income strategies. Richard, who joined M&G in January 2004, began his career at Lloyds Merchant Bank in 1985, moving to Italian insurer Assicurazioni Generali two years later, followed by SG Warburg. In 1995, he became a fund manager at Old Mutual. Richard graduated from the London School of Economics with a BSc in economics.
Ben Lord
Ben Lord joined M&G in 2007 and was appointed manager of the M&G Global Corporate Bond strategy when it was launched in September 2013. Ben also manages the M&G UK Inflation Linked Corporate Bond strategy and co-manages the Corporate Bond and Strategic Corporate Bond strategies. Before joining M&G, he worked at Gordian Knot as a credit analyst covering global financial institutions. Ben obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.
| Name | Weight |
|---|---|
| Australian Corporate Fixed Int | 0.00% |
| Belgian Corporate Fixed Intere | 2.00% |
| Canadian Corporate Fixed Inter | 1.00% |
| Dutch Corporate Fixed Interest | 2.00% |
| Finnish Corporate Fixed Intere | 0.00% |
| French Corporate Fixed Interes | 8.00% |
| GCC Corporate Fixed Interest | 0.00% |
| German Corporate Fixed Interes | 5.00% |
| Global Corporate Fixed Interes | 1.00% |
| Italian Corporate Fixed Intere | 1.00% |
| Japanese Corporate Fixed Inter | 0.00% |
| Luxembourg Corporate Fixed Int | 0.00% |
| Mexican Corporate Fixed Intere | 1.00% |
| Money Market | 6.00% |
| Norwegian Corporate Fixed Inte | 0.00% |
| Spanish Corporate Fixed Intere | 0.00% |
| Swiss Corporate Fixed Interest | 0.00% |
| UK Corporate Fixed Interest | 47.00% |
| US Corporate Fixed Interest | 16.00% |
| Name | Weight |
|---|---|
| Australia | 0.00% |
| Belgium | 2.00% |
| Canada | 1.00% |
| Finland | 0.00% |
| France | 8.00% |
| Germany | 5.00% |
| International | 1.00% |
| Italy | 1.00% |
| Japan | 0.00% |
| Luxembourg | 0.00% |
| Mexico | 1.00% |
| Money Market | 6.00% |
| Netherlands | 2.00% |
| Norway | 0.00% |
| Spain | 0.00% |
| Switzerland | 0.00% |
| UK | 47.00% |
| USA | 16.00% |
| United Arab Emirates | 0.00% |
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 2.00% |
| Automotive | 3.00% |
| Banks | 7.00% |
| Basic Industries | 3.00% |
| Capital Goods | 0.00% |
| Consumer Goods | 10.00% |
| Energy | 4.00% |
| Financial Services | 1.00% |
| Fixed Interest | 2.00% |
| Government Agency Bonds | 1.00% |
| Government Bonds | 0.00% |
| Government Guaranteed | 1.00% |
| Health Care | 1.00% |
| Insurance | 9.00% |
| Leisure | 0.00% |
| Media | 2.00% |
| Money Market | 6.00% |
| Mortgage & Secured Bonds | 4.00% |
| Real Estate | 3.00% |
| Retail | 2.00% |
| Services | 1.00% |
| Technology | 0.00% |
| Telecommunications | 6.00% |
| Transport | 0.00% |
| Utilities | 6.00% |
| Name | Weight |
|---|---|
| NORTHERN TRUST STERLING E | 6.00% |
| AXA 5.625% BDS 16/01/54 GBP100 | 1.00% |
| B.A.T.INTERNATIONAL FINANCE 2. | 1.00% |
| ENGIE SA 5.95% NTS 16/03/11 EU | 1.00% |
| IMPERIAL BRANDS FINANCE PLC 4. | 1.00% |
| LEGAL & GENERAL GROUP 5.5% NTS | 1.00% |
| MEXICO(UNITED MEXICAN STATES) | 1.00% |
| RESEAU FERRE DE FRANCE 4.83% B | 1.00% |
| TESCO PROPERTY FINANCE 5 PLC 5 | 1.00% |
| VOLKSWAGEN INTERNATIONAL FINAN | 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.