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 02/06/2020GBX 119.79
Day Change0.11%
12 Month Yield2.41%
ISINGB0033828350
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/20202,331.16 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.11%
AMC1.11%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA Sterling Corporate Bond

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (GBP) 31/05/2020

How has this security performed
201520162017201820192020
Fund-0.597.075.57-4.0710.62-1.20
Category0.389.714.84-2.319.621.33
Benchmark0.4910.664.33-1.539.272.08
  • Fund: M&G Strategic Corporate Bond Fund Sterling X Acc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 02/06/2020
FundCatBmark
YTD-2.241.271.94
3 Years Annualised1.973.173.44
5 Years Annualised3.054.454.78
10 Years Annualised4.686.006.04

Morningstar SRRI

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

Investment Objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the IA £ Corporate Bond Sector, over any five-year period.

Portfolio Profile30/04/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds95.900.2995.62
Cash36.0533.043.01
Other1.370.001.37
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond76.75
Government7.16
Asset Backed5.75
Agency Mortgage Backed4.29
Cash & Equivalents3.01
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseNorthern Trust Global Sterling E Ireland2.04
IncreaseUnited Kingdom of Great Britain and Northern Ireland 3.75% United Kingdom1.36
New since last portfolioUnited Kingdom of Great Britain and Northern Ireland 1.75% United Kingdom1.34
IncreaseUnited Kingdom of Great Britain and Northern Ireland 0.5% United Kingdom1.30
B.A.T. International Finance p.l.c. 2.25% United Kingdom1.30
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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