M&G Strategic Corporate Bond GBP X Acc (FUND:3382835) - Fund price - Overview


Fund Report

M&G Strategic Corporate Bond Fund Sterling X Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameRichard Woolnough
Inception Date20/02/2004
NAV 26/03/2019GBX 115.30
Day Change0.11%
12 Month Yield2.45%
ISINGB0033828350
SEDOL3382835
Dividend FrequencyQuarterly
Net Assets (mil) 28/02/20191,896.18 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment0.01 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeNo
Ongoing Cost1.16%
AMC1.25%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/01/2019

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (GBP) 28/02/2019

How has this security performed
201420152016201720182019
Fund8.49-0.597.075.57-4.072.52
Category10.680.389.714.84-2.311.90
Benchmark12.510.7012.274.86-2.241.90
  • Fund: M&G Strategic Corporate Bond Fund Sterling X Acc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 26/03/2019
FundCatBmark
YTD4.093.874.65
3 Years Annualised3.554.595.48
5 Years Annualised3.454.815.88
10 Years Annualised6.658.098.75

Morningstar SRRI

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

Investment Objective

The fund aims to maximise total return (the combination of income and growth of capital).

Portfolio Profile28/02/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.020.000.02
Bonds130.1040.8889.22
Cash43.6335.218.42
Other2.340.002.34
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond111.73
Cash & Equivalents8.43
Asset Backed8.30
Agency Mortgage Backed4.85
Government3.69
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioLong Gilt Future Jun19 2019-06-26United Kingdom18.91
New since last portfolioUS Ultra Bond (CBT) June19 2019-06-19United States13.84
New since last portfolioUs Long Bond(Cbt) Jun19 2019-06-19United States5.05
Wells Fargo Bank, National Association 5.25% 2023-08-01United States2.67
Italy (Republic Of) 6% 2028-08-04Italy2.11
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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