M&G Managed Growth GBP I Inc (FUND:B7GTLH3) - Overview

Fund Report

M&G Managed Growth Fund Sterling I Inc

Key Stats
Morningstar® CategoryGBP Flexible Allocation
Manager NameRandeep Somel
Inception Date03/08/2012
NAV 07/12/2016GBX 1,393.05
Day Change1.52%
12 Month Yield0.97%
ISINGB00B7GTLH32
SEDOLB7GTLH3
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2016910.07 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 Charge1.00%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE World TR GBP

Morningstar® Benchmark

Cat 50%Barclays StlAgg TR&50%FTSE Wld TR

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

How has this security performed
20122013201420152016
Fund6.223.243.15-0.7628.27
Category7.269.714.280.4011.08
Benchmark9.039.3312.652.5716.80
  • Fund: M&G Managed Growth Fund Sterling I Inc
  • Category: GBP Flexible Allocation
  • Benchmark: Cat 50%Barclays StlAgg TR&50%FTSE Wld TR
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD29.6811.4017.20
3 Years Annualised10.365.7910.85
5 Years Annualised7.145.8710.24
10 Years Annualised6.155.117.61

Morningstar SRRI

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

Investment Objective

The investment strategy of the fund is to purchase units in the M&G Corporate Bond Fund. That fund aims to achieve a higher total return (the combination of income and growth of capital) from investment than would be obtainable in UK government fixed interest securities (ie gilts) of similar maturities. The fund invests mainly in sterling denominated corporate debt instruments. Any currency exposures within the fund may be managed by currency hedges into sterling.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks90.140.0090.14
Bonds0.0010.55-10.55
Cash32.5412.2620.27
Other0.130.000.13
Top Stock Regions
Region%
United States37.68
Eurozone11.83
Japan11.68
United Kingdom10.53
Asia - Developed8.23

Top Sectors

Stock Sector%
Financial Services29.05
Technology13.99
Consumer Cyclical13.01
Industrials11.54
Healthcare10.81
Fixed Income Sector%
Cash & Equivalents208.53
Government Related-108.53
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseM&G Global Select GBP A Inc Not Classified11.28
DecreaseSource Financials S&P US Select Sect ETF Not Classified10.62
IncreaseM&G European Select GBP A Inc Not Classified10.35
DecreaseM&G Japan GBP A Inc Not Classified9.37
DecreaseM&G Global Emerging Markets GBP A Inc Not Classified9.11
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.