MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to achieve a total return (the combination of income and capital growth) of at least 2.5% per annum above the 3-month GBP LIBOR rate, before any charges are taken, in any market conditions and over any three year period. LIBOR is the rate at which banks borrow money from each other. The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above 3-month GBP LIBOR plus 2.5%. There is no guarantee that the Fund will achieve a positive return over three years, or any other period, and investors may not get back the original amount they invested.

Fund Managers

Jim Leaviss

Jim Leaviss was appointed CIO of M&G Public Fixed Income in February 2020, heading a team that invests across investment grade and high yield credit, government debt and emerging markets debt. He joined M&G in 1997 after five years at the Bank of England, where he worked as a gilt market analyst and dealer. As well as heading up the team, Jim is manager and co-manager of a range of fixed income funds domiciled in London and Luxembourg.

Wolfgang Bauer

Wolfgang Bauer joined M&G’s Investment Graduate Programme in 2012 and became part of M&G’s Fixed Income team, where he initially focused on US investment grade credit, in January 2014. Wolfgang gained a PhD in chemistry from the University of Cambridge and is a CFA and CAIA charterholder. He was appointed deputy fund manager of the UK inflation-linked corporate bond strategy in January 2018 and manager of the Luxembourg-domiciled European inflation-linked corporate bond strategy upon launch in March 2018. Wolfgang is also co-manager of the absolute return bond strategy.