M&G Global Macro Bond GBP I Inc (FUND:B78PH60) - Fund price


Fund Report

M&G Global Macro Bond Fund Sterling I Inc

Key Stats
Morningstar® CategoryGlobal Flexible Bond
Manager NameJim Leaviss
Inception Date16/12/2011
NAV 09/07/2020GBX 142.62
Day Change-0.49%
12 Month Yield2.54%
ISINGB00B78PH601
Dividend FrequencyQuarterly
Net Assets (mil) 30/06/20201,768.65 USD
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 Cost0.78%
AMC0.78%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA Global Bonds

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR USD

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (GBP) 30/06/2020

How has this security performed
201520162017201820192020
Fund0.8425.21-3.843.704.3713.33
Category1.0125.260.220.063.055.14
Benchmark2.4521.77-1.904.942.7110.41
  • Fund: M&G Global Macro Bond Fund Sterling I Inc
  • Category: Global Flexible Bond
  • Benchmark: Bloomberg Barclays Global Aggregate TR USD
Trailing Returns % (GBP) 09/07/2020
FundCatBmark
YTD11.493.948.96
3 Years Annualised5.552.895.04
5 Years Annualised7.967.187.94
10 Years Annualised6.114.884.65

Morningstar SRRI

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

Investment Objective

The Fund aims to provide a higher total return (the combination of capital growth and income) net of the Ongoing Charge Figure, than the average return of the IA Global Bonds Sector over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in debt securities and in Asset-Backed Securities. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.

Portfolio Profile30/06/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds96.020.0895.94
Cash143.16141.072.09
Other1.970.001.97
Top Fixed Income Sectors
Fixed Income Sector%
Government68.57
Corporate Bond20.17
Government Related3.51
Cash & Equivalents2.10
Covered Bond1.99
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
United States Treasury Notes 2.75% United States11.51
DecreaseUnited States Treasury Notes 0.62% United States9.88
IncreaseUnited States Treasury Bonds 3% United States8.62
DecreaseUnited States Treasury Bonds 3.88% United States4.96
Germany (Federal Republic Of) 0.5% Germany3.66
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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