M&G Absolute Return Bond GBP I Acc (FUND:BD6FFN7) - Fund price


Fund Report

M&G Absolute Return Bond Fund GBP I Acc

Key Stats
Morningstar® CategoryAlt - Long/Short Credit
Manager Name-
Inception Date13/12/2016
NAV 17/05/2019GBX 106.00
Day Change0.08%
12 Month Yield2.30%
ISINGB00BD6FFN71
SEDOLBD6FFN7
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/201925.28 GBP
Wrapper Availability
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular Investment
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.72%
AMC0.45%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/04/2019

How has this security performed
201420152016201720182019
Fund---3.03-1.353.94
  • Fund: M&G Absolute Return Bond Fund GBP I Acc
  • Category: Alt - Long/Short Credit
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 17/05/2019
Fund
YTD3.97
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-

Morningstar SRRI

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

Investment 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 4%. 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.

Portfolio Profile30/04/2019

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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