M&G Short Dated Corporate Bond A (FUND:3111039) - Fund price - Overview

Fund Report

M&G Short Dated Corporate Bond Fund Sterling A Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameMatthew Russell
Inception Date29/01/1993
NAV 22/09/2017GBX 25.91
Day Change0.04%
12 Month Yield1.66%
ISINGB0031110397
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2017475.62 GBP
Wrapper Availability
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular Investment
Actual Initial Charge-
Exit Charge-
Custody Charge
Fund Ongoing Charge0.65%
AMC0.50%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA £ Corporate Sector

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/08/2017

How has this security performed
20132014201520162017
Fund2.762.430.453.472.02
Category1.6810.680.389.714.53
Benchmark1.6412.510.7012.274.64
  • Fund: M&G Short Dated Corporate Bond Fund Sterling A Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 22/09/2017
FundCatBmark
YTD1.822.842.43
3 Years Annualised1.955.566.62
5 Years Annualised2.325.716.44
10 Years Annualised1.976.276.56

Morningstar SRRI

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

Investment Objective

The Fund aims to provide income with stability of capital. The Fund invests mainly in debt instruments (which include, but are not limited to: variable rate securities, fixed interest securities, gilts and corporate debt). The Fund’s exposure to debt instruments may be gained through the use of derivatives. In certain market conditions the fund may have a high proportion of its portfolio in liquid assets such as cash and near cash, deposits, warrants and money market instruments. The Fund may also invest in other assets including collective investment schemes, other transferable securities and other derivative instruments.

Portfolio Profile31/08/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds102.039.2392.80
Cash13.829.214.61
Other2.590.002.59
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond50.10
Government16.09
Non-Agency Residential Mortgage Backed15.42
Asset Backed6.75
Cash & Equivalents5.26
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Germany (Federal Republic Of) 2021-10-08Germany6.13
United Kingdom (Government Of) 3.75% 2020-09-07United Kingdom5.82
1139761 Cds Eur R F 1.00000 2021-12-20Germany1.98
1139761 Cds Eur P V 03mevent 2021-12-20Germany1.94
New since last portfolioEuro-Bobl Future Sep17 Germany1.88
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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