M&G Strategic Corporate Bond GBP I Inc (FUND:B6VTPZ7) - Share price - Overview

Fund Report

M&G Strategic Corporate Bond Fund Sterling I Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameRichard Woolnough
Inception Date03/08/2012
NAV 17/01/2017GBX 1,105.52
Day Change0.24%
12 Month Yield3.36%
ISINGB00B6VTPZ79
SEDOLB6VTPZ7
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/20163,048.17 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™

4 Stars

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 30/11/2016

Benchmarks

Fund Benchmark

IA £ Corporate

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (GBP) 31/12/2016

How has this security performed
20122013201420152016
Fund12.121.329.150.017.68
Category14.481.6810.680.389.71
Benchmark15.541.6412.510.7012.27
  • Fund: M&G Strategic Corporate Bond Fund Sterling I Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 17/01/2017
FundCatBmark
YTD0.420.00-0.28
3 Years Annualised5.096.157.52
5 Years Annualised5.917.088.01
10 Years Annualised7.395.826.07

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 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 Profile31/12/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.020.000.02
Bonds123.3427.2396.11
Cash20.1617.123.04
Other0.850.020.83
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond94.95
Commercial Mortgage Backed7.56
Government6.95
Asset Backed5.06
Non-Agency Residential Mortgage Backed4.22
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseLong Gilt Future Mar17 2017-03-29United Kingdom10.83
Us Long Bond(Cbt) Mar17 2017-03-22United States7.67
Us 10yr Note (Cbt)mar17 2017-03-22United States6.48
United Kingdom (Government Of) 4.25% 2027-12-07United Kingdom2.55
Wells Fargo Bk Na 5.25% 2023-08-01United States1.95
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 2017 Morningstar. All rights reserved.