M&G Gilt & Fixed Interest Inc GBP I Acc (FUND:B734BY8) - Overview

Fund Report

M&G Gilt & Fixed Interest Income Fund Sterling I Acc

Key Stats
Morningstar® CategoryGBP Government Bond
Manager NameMatthew Russell
Inception Date03/08/2012
NAV 02/12/2016GBX 1,141.74
Day Change0.06%
12 Month Yield1.09%
ISINGB00B734BY83
SEDOLB734BY8
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2016731.69 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™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

IA UK Gilt Sector

Morningstar® Benchmark

Citigroup UK GBI GBP

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

How has this security performed
20122013201420152016
Fund0.74-3.7211.870.238.10
Category2.49-4.6714.630.128.37
Benchmark2.73-4.0914.920.458.74
  • Fund: M&G Gilt & Fixed Interest Income Fund Sterling I Acc
  • Category: GBP Government Bond
  • Benchmark: Citigroup UK GBI GBP
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD7.217.667.99
3 Years Annualised6.106.767.19
5 Years Annualised3.624.264.60
10 Years Annualised5.065.325.98

Morningstar SRRI

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

Investment Objective

The investment strategy of the fund is to purchase units in the M&G Gilt & Fixed Interest Income Fund. That fund aims to provide a secure income with stability of capital consistent with investment in gilts. The fund invests mainly in short, medium or long-dated gilts according to M&G's view at any given moment of the likely course of interest rates and trend of the gilt-edged market.

Portfolio Profile31/08/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds99.890.0099.89
Cash7.277.170.11
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government92.50
Government Related3.45
Corporate Bond3.40
Commercial Mortgage Backed0.53
Cash & Equivalents0.11
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseUnited Kingdom (Government Of) 6% 2028-12-07United Kingdom14.53
United Kingdom (Government Of) 4.5% 2034-09-07United Kingdom11.11
DecreaseUnited Kingdom (Government Of) 3.25% 2044-01-22United Kingdom10.20
New since last portfolioUnited Kingdom (Government Of) 5% 2025-03-07United Kingdom8.83
United Kingdom (Government Of) 1.75% 2019-07-22United Kingdom8.51
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.
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