M&G Strategic Corporate Bond GBP I Acc (FUND:B7J4YT8) - Fund price

Fund Report

M&G Strategic Corporate Bond Fund Sterling I Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameRichard Woolnough
Inception Date03/08/2012
NAV 23/10/2019GBX 1,384.33
Day Change0.18%
12 Month Yield2.99%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/20191,588.75 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
Ongoing Cost0.61%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating



Sustainability Rating as of 31/08/2019


Fund Benchmark


Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™


Growth Of 10,000 (GBP) 30/09/2019

How has this security performed
  • Fund: M&G Strategic Corporate Bond Fund Sterling I Acc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 23/10/2019
3 Years Annualised3.633.633.70
5 Years Annualised4.174.855.20
10 Years Annualised5.796.416.36

Morningstar SRRI

Lower Risk
Higher Risk
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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).

Portfolio Profile30/09/2019

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 Bond127.33
Asset Backed12.26
Cash & Equivalents9.66
Agency Mortgage Backed7.21
Covered Bond2.10
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseLong Gilt Future Dec19 2019-12-27United Kingdom15.63
New since last portfolioU.S. Treasury Bond Dec19 2019-12-19United States15.36
DecreaseUS 10 Year Ultra Future Dec19 United States12.00
New since last portfolioUS 10 Year Ultra Future Dec19 2019-12-31United States11.14
Us Ultra T-Bond Dec 19 Usd United States4.33
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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