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


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 22/07/2019GBX 119.83
Day Change0.23%
12 Month Yield2.51%
ISINGB0033828350
Dividend FrequencyQuarterly
Net Assets (mil) 30/06/20191,735.31 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.16%
AMC1.25%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/05/2019

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™ *

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund8.49-0.597.075.57-4.076.84
Category10.680.389.714.84-2.316.39
Benchmark12.200.4910.664.33-1.536.14
  • Fund: M&G Strategic Corporate Bond Fund Sterling X Acc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 22/07/2019
FundCatBmark
YTD8.187.827.80
3 Years Annualised3.283.623.44
5 Years Annualised3.845.105.61
10 Years Annualised6.047.197.06

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 Profile30/06/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.030.000.03
Bonds145.4057.6287.78
Cash54.2244.659.57
Other2.620.002.62
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond124.02
Cash & Equivalents10.30
Asset Backed9.98
Agency Mortgage Backed6.50
Convertible2.00
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseUnited Kingdom of Great Britain and Northern Ireland United Kingdom16.14
DecreaseUnited States Treasury Bonds United States13.39
New since last portfolioUnited States Treasury Notes United States10.14
New since last portfolioUnited States Treasury Notes United States8.76
DecreaseUnited States Treasury Bonds United States4.26
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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