M&G Emerging Markets Bond GBP I Inc (FUND:B4TL2D8) - Fund price


Fund Report

M&G Emerging Markets Bond Fund Sterling I Inc

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond
Manager Name-
Inception Date19/04/2012
NAV 03/04/2020GBX 115.07
Day Change1.74%
12 Month Yield7.32%
ISINGB00B4TL2D89
Dividend FrequencySemi-Annually
Net Assets (mil) 29/02/20201,092.61 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.75%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

33.4% JPM GBI-EM Global Diversified TR USD, 33.3% JPM CEMBI Broad Diversified TR USD, 33.3% JPM EMBI Global Diversified TR USD

Morningstar® Benchmark

JPM EMBI Global Diversified TR USD

Growth Of 10,000 (GBP) 31/03/2020

How has this security performed
201520162017201820192020
Fund3.5632.063.490.6112.01-11.70
Category1.5430.501.47-0.327.70-
Benchmark7.0431.390.711.6910.59-7.46
  • Fund: M&G Emerging Markets Bond Fund Sterling I Inc
  • Category: Global Emerging Markets Bond
  • Benchmark: JPM EMBI Global Diversified TR USD
Trailing Returns % (GBP) 03/04/2020
FundCatBmark
YTD-11.41-7.53-6.93
3 Years Annualised-0.08-0.960.80
5 Years Annualised5.754.696.51
10 Years Annualised5.764.837.21

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

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 a composite index over any five-year period. The composite index is made up of one third JPM EMBI Global Diversified Index, one third JPM CEMBI Broad Diversified Index and one third JPM GBI-EM Global Diversified Index. At least 80% of the Fund is invested, directly or indirectly through derivatives, in Emerging Market debt securities. These securities can be issued or guaranteed by Emerging Market governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies that are incorporated, domiciled, listed or do most of their business in Emerging Markets. These securities can be denominated in any currency, including emerging market currencies.

Portfolio Profile29/02/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.530.0094.53
Cash13.9912.571.42
Other4.050.004.05
Top Fixed Income Sectors
Fixed Income Sector%
Government63.74
Corporate Bond26.66
Government Related7.67
Cash & Equivalents1.42
Convertible0.46
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseNorthern Trust Global US Dollar D Ireland3.61
DecreaseUnited States Treasury Notes 0.62% United States3.04
Russian Federation 8.15% Russian Federation2.45
Secretaria Tesouro Nacional 10% Brazil2.06
Poland (Republic of) 2.5% Poland1.56
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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