M&G European Inflation Linked Corpo
Latest (Mid) Price:
EUR 11.60
Day Change:
-0.04%
| Shares Class | Inc. |
|---|---|
| Yield | 0.79 |
| Total Expense Ratio | 0.68 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 96,152,756.50 | Launch Date | 16/09/2010 | Standard Initial Charge (%) | 1.25 |
|---|---|---|---|---|---|
| Currency | EUR | ISA Eligible | No | Annual Management Charge (%) | 0.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500,000.00 | Total Expense Ratio (%) | 0.68 |
| ISIN | GB00B41DM324 | Min Topup (£) | 50,000.00 | Ongoing Charge (%) | 0.6800 (on 30/09/2017) |
Fund Objective
The fund aims to protect the value of capital and income from inflation by generating a return consistent with or greater than European inflation over a rolling three to five year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested.
Fund Managers
Ben Lord
Ben Lord joined M&G in 2007 and is the fund manager of the M&G UK Inflation Linked Corporate Bond Fund. Ben has also managed the M&G Global Corporate Bond Fund from launch in September 2013 and was appointed fund manager of the M&G Index Linked Bond Fund in July 2015. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.
Wolfgang Bauer
Wolfgang Bauer is co-manager of the M&G Absolute Return Bond Fund and deputy fund manager of the M&G Global Corporate Bond Fund and the M&G European Corporate Bond Fund. In January 2018, he was appointed fund manager of the M&G European Inflation Linked Corporate Bond Fund and deputy fund manager of the M&G UK Inflation Linked Corporate Bond Fund. Wolfgang joined M&G in 2012 as part of the Investment Graduate Programme. He joined the M&G Retail Fixed Interest team from the Real Estate Finance team in January 2014, focusing on US investment grade credit. Wolfgang gained a PhD in chemistry from the University of Cambridge and also holds the Investment Management Certificate (IMC) and is a CFA charterholder.
Asset Breakdown
| Name | Weight |
|---|---|
| Belgian Fixed Interest | 1.26% |
| Dutch Fixed Interest | 1.85% |
| French Fixed Interest | 16.60% |
| German Fixed Interest | 22.78% |
| Irish Fixed Interest | 1.21% |
| Italian Fixed Interest | 9.07% |
| Middle East & African Fixed In | 0.41% |
| Money Market | 3.25% |
| Portuguese Fixed Interest | 0.70% |
| Spanish Fixed Interest | 11.84% |
| Swiss Fixed Interest | 1.03% |
| UK Fixed Interest | 17.22% |
| US Fixed Interest | 12.77% |
Region Breakdown
| Name | Weight |
|---|---|
| Belgium | 1.26% |
| France | 16.60% |
| Germany | 22.78% |
| Ireland | 1.21% |
| Israel | 0.41% |
| Italy | 9.07% |
| Money Market | 3.25% |
| Netherlands | 1.85% |
| Portugal | 0.70% |
| Spain | 11.84% |
| Switzerland | 1.03% |
| UK | 17.22% |
| USA | 12.77% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 9.57% |
| Automotive | 0.97% |
| Banks | 21.35% |
| Basic Industries | 1.71% |
| Capital Goods | 2.18% |
| Consumer Goods | 2.02% |
| Energy | 3.63% |
| Financial Services | 0.28% |
| Government Bonds | 22.52% |
| Government Guaranteed | 0.86% |
| Health Care | 1.83% |
| High Yield Bond | 0.00% |
| Insurance | 0.97% |
| Investment Grade Bonds | 17.08% |
| Media | 0.38% |
| Money Market | 0.00% |
| Others | 2.75% |
| Real Estate | 0.15% |
| Telecommunications | 6.95% |
| Transport | 2.99% |
| Utilities | 3.36% |
Top 10 Holdings
| Name | Weight |
|---|---|
| GERMANY(FEDERAL REPUBLIC) 1.75 | 14.44% |
| FRANCE(GOVT OF) 0.1% NTS 01/03 | 10.31% |
| SPAIN(KINGDOM OF) 0.55% NTS 30 | 9.41% |
| ITALY(REPUBLIC OF) 2.35% BDS 1 | 5.45% |
| GERMANY(FEDERAL REPUBLIC OF) I | 5.42% |
| ITALY(REPUBLIC OF) ILN 15/09/2 | 3.51% |
| RESEAU FERRE DE FRANCE 2.45% B | 2.76% |
| UNITED STATES OF AMER TREAS BI | 2.61% |
| SPAIN(KINGDOM OF) 1.8% BDS 30/ | 1.99% |
| BANK OF AMERICA CORP FR SNR NT | 1.87% |
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.
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