M&G Index-Linked Bond A Acc (FUND:3111147) - Overview

Fund Report

M&G Index-Linked Bond Fund Sterling A Acc

Key Stats
Morningstar® CategoryGBP Inflation-Linked Bond
Manager NameBen Lord
Inception Date04/10/1999
NAV 06/12/2016GBX 156.72
Day Change0.58%
12 Month Yield0.00%
ISINGB0031111478
SEDOL
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016432.03 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 Charge0.66%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Bloomberg Barclays Global Inflation Linked UK TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund0.080.1718.59-0.7521.72
Category0.650.5616.94-1.1819.16
Benchmark0.570.5518.78-1.1020.98
  • Fund: M&G Index-Linked Bond Fund Sterling A Acc
  • Category: GBP Inflation-Linked Bond
  • Benchmark: Bloomberg Barclays Global Inflation Linked UK TR GBP
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD21.3717.7021.74
3 Years Annualised12.169.8712.23
5 Years Annualised8.437.598.30
10 Years Annualised8.218.328.33

Morningstar SRRI

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

Investment Objective

The Fund aims to secure the value of capital and income from the effects of inflation over a rolling five year period or longer with a total return consistent with investment in Index-Linked bonds. 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. The portfolio will focus mainly on Index-Linked debt instruments which may be government and public securities or corporate debt instruments. Nonsterling denominated securities may be held and, if deemed appropriate by the investment manager, the associated currency risks hedged. The Fund’s exposure to index-linked, government and public securities or corporate debt may be gained through the use of derivatives.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds102.182.2999.88
Cash3.032.920.12
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government100.53
Corporate Bond1.43
Commercial Mortgage Backed0.22
Cash & Equivalents0.12
Government Related-2.30
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseUnited Kingdom (Government Of) 0.125% 2065-11-22United Kingdom12.77
DecreaseUK I/L GILT 0.75 11/22/2047 2047-11-22United Kingdom11.23
IncreaseUnited Kingdom (Government Of) 0.5% 2050-03-22United Kingdom10.26
IncreaseUnited Kingdom (Government Of) 1.125% 2037-11-22United Kingdom9.57
DecreaseUK I/L GILT 1.25 11/22/2027 2027-11-22United Kingdom8.13
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 Trafford House, Chester Road, Manchester M32 0RS. 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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