M&G Corporate Bond GBP I Acc (FUND:B1YBRL5) - Fund price


Fund Report

M&G Corporate Bond Fund Sterling I Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameRichard Woolnough
Inception Date02/07/2007
NAV 21/02/2020GBX 81.17
Day Change0.04%
12 Month Yield2.73%
ISINGB00B1YBRL59
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/20203,412.93 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.59%
AMC0.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

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) 31/01/2020

How has this security performed
201520162017201820192020
Fund0.058.645.31-2.5311.321.41
Category0.389.714.84-2.319.622.51
Benchmark0.4910.664.33-1.539.272.72
  • Fund: M&G Corporate Bond Fund Sterling I Acc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 21/02/2020
FundCatBmark
YTD1.412.642.97
3 Years Annualised4.694.794.91
5 Years Annualised4.364.694.78
10 Years Annualised6.206.606.59

Morningstar SRRI

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

Investment Objective

The fund aims to provide income and capital growth. At least 70% of the fund is invested in sterling-denominated corporate debt instruments. The fund’s exposure to corporate debt may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management. Any currency exposures within the fund may be managed by currency hedges into sterling. The fund may also invest in collective investment schemes, other transferable securities and other debt instruments (including corporate debt and government and public securities denominated in any currency), cash, near cash, other money market securities, warrants and other derivative instruments.

Portfolio Profile31/01/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.350.000.35
Bonds93.980.0093.98
Cash21.5616.814.75
Other0.920.000.92
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond64.97
Covered Bond7.40
Asset Backed7.35
Agency Mortgage Backed5.91
Government4.78
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
AT&T Inc 4.88% United States1.58
United Kingdom of Great Britain and Northern Ireland 3.75% United Kingdom1.56
New since last portfolioUnited Kingdom of Great Britain and Northern Ireland 1.5% United Kingdom1.48
Lloyds Bank plc 5.12% United Kingdom1.28
Microsoft Corporation 4.75% United States1.10
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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