M&G Optimal Income A-H Grs Acc Hdg EUR (FUND:B1VMCY9) - Fund price - Overview

Fund Report

M&G Optimal Income Fund Euro A-H Acc

Key Stats
Morningstar® CategoryEUR Cautious Allocation - Global
Manager NameRichard Woolnough
Inception Date20/04/2007
NAV 21/05/2018EUR 20.10
Day Change-0.15%
12 Month Yield1.31%
ISINGB00B1VMCY93
SEDOL
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/201817,320.87 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time11:30
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeNo
Ongoing Cost1.42%
AMC1.25%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 31/03/2018

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Cat 75%Barclays Euro Agg TR&25%FTSE Wld TR

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (EUR) 30/04/2018

How has this security performed
201320142015201620172018
Fund6.664.20-2.026.464.28-0.25
Category3.075.350.761.912.11-0.84
Benchmark6.2613.133.365.522.740.27
  • Fund: M&G Optimal Income Fund Euro A-H Acc
  • Category: EUR Cautious Allocation - Global
  • Benchmark: Cat 75%Barclays Euro Agg TR&25%FTSE Wld TR
Trailing Returns % (EUR) 21/05/2018
FundCatBmark
YTD-0.97-0.480.86
3 Years Annualised2.480.962.68
5 Years Annualised2.592.645.15
10 Years Annualised6.543.355.85

Morningstar SRRI

Lower Risk
Higher Risk
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  • 4
  • 5
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund aims to deliver income and capital growth by investing in a broad range of fixed income securities, wherever the manager sees the greatest opportunities. The manager may also hold up to 20% of the portfolio in company shares when he believes they offer better value than bonds. Exposure to these assets is gained through physical holdings and the use of derivatives. An in-house team of independent credit analysts assists the fund manager in the selection of individual bond issues.

Portfolio Profile30/04/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks6.520.006.52
Bonds144.8762.6882.19
Cash31.2826.015.27
Other6.720.696.03
Top Stock Regions
Region%
Eurozone53.23
United Kingdom25.36
United States13.49
Europe - ex Euro7.92
Canada0.00

Top Sectors

Stock Sector%
Financial Services42.82
Consumer Cyclical26.05
Healthcare14.29
Consumer Defensive7.41
Utilities4.46
Fixed Income Sector%
Corporate Bond68.80
Government45.63
Cash & Equivalents5.79
Agency Mortgage Backed4.53
Convertible3.90
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseUs Ultra Bond Cbt Jun18 2018-06-20Not Classified12.28
New since last portfolioEuro-Bund Future Jun18 2018-07-06Not Classified9.50
Long Gilt Future Jun18 2018-06-27Not Classified8.46
New since last portfolioEuro-Bobl Future Jun18 2018-07-06Not Classified3.52
New since last portfolioUnited Kingdom of Great Britain and Northern Ireland 1.75% 2023-01-05Not Classified2.34
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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