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

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 22/06/2017GBX 1,291.07
Day Change0.06%
12 Month Yield3.01%
ISINGB00B7J4YT87
SEDOLB7J4YT8
Dividend FrequencyQuarterly
Net Assets (mil) 31/05/20172,867.30 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 30/04/2017

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Morningstar Analyst Rating™ *

Silver

Growth Of 10,000 (GBP) 31/05/2017

How has this security performed
20132014201520162017
Fund1.319.140.007.713.69
Category1.6810.680.389.713.79
Benchmark1.6412.510.7012.273.75
  • Fund: M&G Strategic Corporate Bond Fund Sterling I Acc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 22/06/2017
FundCatBmark
YTD4.364.094.25
3 Years Annualised5.536.788.40
5 Years Annualised6.027.048.01
10 Years Annualised8.076.476.74

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). 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 Profile31/05/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.030.000.03
Bonds120.6129.0591.55
Cash26.0319.746.29
Other3.731.592.14
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond99.10
Cash & Equivalents6.85
Non-Agency Residential Mortgage Backed6.09
Commercial Mortgage Backed5.39
Asset Backed4.63
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioLong Gilt Future Sep17 2017-09-2711.38
New since last portfolioUs 10yr Note (Cbt)sep17 2017-09-205.95
New since last portfolioUs 5yr Note (Cbt) Sep17 2017-09-293.85
New since last portfolioUs Long Bond(Cbt) Sep17 2017-09-203.68
New since last portfolio6795-0 Irs Usd P F 2.65750 2047-03-02United States2.44
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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