M&G Strategic Corporate Bond R Inc (FUND:B558TQ2) - Fund price - Overview

Fund Report

M&G Strategic Corporate Bond Fund Sterling R Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameRichard Woolnough
Inception Date03/08/2012
NAV 16/03/2018GBX 109.91
Day Change-0.03%
12 Month Yield3.57%
Dividend FrequencyQuarterly
Net Assets (mil) 28/02/20182,521.03 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.91%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Above Average

Above Average

Sustainability Rating as of 31/01/2018


Fund Benchmark


Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Morningstar Analyst Rating™ *


Growth Of 10,000 (GBP) 28/02/2018

How has this security performed
  • Fund: M&G Strategic Corporate Bond Fund Sterling R Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 16/03/2018
3 Years Annualised3.233.704.29
5 Years Annualised4.375.055.77
10 Years Annualised7.606.376.81

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
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  • 5
  • 6
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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). The Fund invests mainly in investment grade bonds. The Fund may invest in derivatives in pursuit of the fund objective and for the purposes of efficient portfolio management. The Fund may also invest in other assets including collective investment schemes, other transferable securities and other debt instruments (including corporate, high yield and government debt, convertible and preference stocks), cash, and near cash, deposits, warrants and money market instruments.

Portfolio Profile28/02/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond89.74
Agency Mortgage Backed10.89
Asset Backed9.00
Cash & Equivalents5.59
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioUs Ultra Bond Cbt Jun18 2018-06-20United States11.70
New since last portfolioLong Gilt Future Jun18 2018-06-27United Kingdom10.82
New since last portfolioEuro-Bund Future Mar18 2018-08-03Germany2.15
Wells Fargo Bk Na 5.25% 2023-08-01United States2.04
Italy(Rep Of) 6% 2028-08-04Italy1.65
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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