M&G UK Inflation Lnkd Corp Bd GBP I Inc (FUND:B44JC48) - Overview

Fund Report

M&G UK Inflation Linked Corporate Bond Fund Sterling I Inc

Key Stats
Morningstar® CategoryGBP Inflation-Linked Bond
Manager Name-
Inception Date16/09/2010
NAV 07/12/2016GBX 115.43
Day Change0.03%
12 Month Yield1.08%
ISINGB00B44JC482
SEDOLB44JC48
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016450.95 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
Fund Ongoing Charge0.66%
AMC0.50%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

UK CPI

Morningstar® Benchmark

Bloomberg Barclays Global Inflation Linked UK TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund6.485.13-0.74-1.674.93
Category0.650.5616.94-1.1819.06
Benchmark0.570.5518.78-1.1020.98
  • Fund: M&G UK Inflation Linked Corporate Bond Fund Sterling I Inc
  • Category: GBP Inflation-Linked Bond
  • Benchmark: Bloomberg Barclays Global Inflation Linked UK TR GBP
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD5.2517.9623.09
3 Years Annualised0.969.9512.65
5 Years Annualised2.757.488.68
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund aims to protect the value of capital and income from inflation by generating a return consistent with or greater than UK inflation over a rolling three to five year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested.The fund invests mainly in investment grade corporate bonds, including inflation-linked corporate bonds, floating rate notes (including asset backed securities) and other fixed income instruments (including bonds not linked to inflation). Derivatives may be used in pursuit of the fund objective and for efficient portfolio management purposes.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds318.19219.0899.11
Cash11.579.821.75
Other6.807.65-0.85
Top Fixed Income Sectors
Fixed Income Sector%
Government96.40
Corporate Bond49.41
Asset Backed7.29
Swap4.53
Non-Agency Residential Mortgage Backed4.45
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseUs 5yr Note (Cbt) Dec16 2016-12-30United States28.63
DecreaseUS Treasury Note 2020-04-15United States25.43
IncreaseUK I/L GILT 1.875 11/22/2022 2022-11-22United Kingdom23.11
5569-0 Irs Gbp P F 1.71000 2019-10-17United Kingdom16.63
5569-0 Irs Gbp R V 06mlibor 2019-10-17United Kingdom16.13
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 Trafford House, Chester Road, Manchester M32 0RS. 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.
© Copyright 2016 Morningstar. All rights reserved.