M&G Corporate Bond Inst Acc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 1.97 |
| Total Expense Ratio | 0.59 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 1.97 |
| Total Expense Ratio | 0.59 |
Cumulative Performance
Discrete Performance
| Fund Size | 3,190,690,000.00 | Launch Date | 15/04/1994 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.59 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500,000.00 | Total Expense Ratio (%) | 0.59 |
| ISIN | GB00B1YBRL59 | Min Topup (£) | 10,000.00 | Ongoing Charge (%) | 0.5900 (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 the average return 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 | 1.00% |
| Canadian Corporate Fixed Inter | 2.00% |
| Dutch Corporate Fixed Interest | 1.00% |
| French Corporate Fixed Interes | 8.00% |
| GCC Corporate Fixed Interest | 0.00% |
| German Corporate Fixed Interes | 5.00% |
| Global Corporate Fixed Interes | 2.00% |
| 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 | 4.00% |
| Norwegian Corporate Fixed Inte | 0.00% |
| Spanish Corporate Fixed Intere | 0.00% |
| Swedish Corporate Fixed Intere | 0.00% |
| Swiss Corporate Fixed Interest | 0.00% |
| UK Corporate Fixed Interest | 54.00% |
| US Corporate Fixed Interest | 12.00% |
| Name | Weight |
|---|---|
| Australia | 0.00% |
| Belgium | 1.00% |
| Canada | 2.00% |
| France | 8.00% |
| Germany | 5.00% |
| International | 2.00% |
| Italy | 1.00% |
| Japan | 0.00% |
| Luxembourg | 0.00% |
| Mexico | 1.00% |
| Money Market | 4.00% |
| Netherlands | 1.00% |
| Norway | 0.00% |
| Spain | 0.00% |
| Sweden | 0.00% |
| Switzerland | 0.00% |
| UK | 54.00% |
| USA | 12.00% |
| United Arab Emirates | 0.00% |
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 1.00% |
| Automotive | 2.00% |
| Banks | 6.00% |
| Basic Industries | 1.00% |
| Capital Goods | 0.00% |
| Consumer Goods | 8.00% |
| Energy | 2.00% |
| Financial Services | 1.00% |
| Fixed Interest | 2.00% |
| Government Agency Bonds | 2.00% |
| Government Bonds | 0.00% |
| Government Guaranteed | 2.00% |
| Health Care | 1.00% |
| Insurance | 6.00% |
| Leisure | 0.00% |
| Media | 1.00% |
| Money Market | 4.00% |
| Mortgage & Secured Bonds | 8.00% |
| Real Estate | 4.00% |
| Retail | 1.00% |
| Services | 1.00% |
| Technology | 0.00% |
| Telecommunications | 5.00% |
| Transport | 0.00% |
| Utilities | 8.00% |
| Name | Weight |
|---|---|
| NORTHERN TRUST STERLING E | 4.00% |
| B.A.T.INTERNATIONAL FINANCE 2. | 1.00% |
| HM TREASURY UNITED KINGDOM DMO | 1.00% |
| IMPERIAL BRANDS FINANCE PLC 4. | 1.00% |
| KREDITANSTALT FUR WIEDERAUFBAU | 1.00% |
| LLOYDS BANK PLC 5.125% NTS 07/ | 1.00% |
| ROYAL BANK OF CANADA FLTG RT C | 1.00% |
| HEATHROW FUNDING LTD 6.75% BDS | 0.00% |
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.