M&G Short Dated Corp Bd GBP I Inc (FUND:B8JXBQ8) - Overview

Fund Report

M&G Short Dated Corporate Bond Fund Sterling I Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameMatthew Russell
Inception Date09/11/2012
NAV 05/12/2016GBX 1,024.40
Day Change0.01%
12 Month Yield1.82%
ISINGB00B8JXBQ82
SEDOLB8JXBQ8
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016371.58 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 Charge0.55%
AMC0.40%
Fund Rebate-

Morningstar Rating™

1 Star

Benchmarks

Fund Benchmark

IA £ Corporate

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

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

How has this security performed
20122013201420152016
Fund3.042.852.490.533.13
Category14.481.6810.680.387.76
Benchmark15.541.6412.510.709.67
  • Fund: M&G Short Dated Corporate Bond Fund Sterling I Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 05/12/2016
FundCatBmark
YTD2.747.379.92
3 Years Annualised1.985.837.43
5 Years Annualised2.367.318.48
10 Years Annualised2.065.425.67

Morningstar SRRI

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

Investment Objective

The Fund aims to provide income with stability of capital. The Fund invests mainly in debt instruments (which include, but are not limited to: variable rate securities, fixed interest securities, gilts and corporate debt). The Fund’s exposure to debt instruments may be gained through the use of derivatives. In certain market conditions the fund may have a high proportion of its portfolio in liquid assets such as cash and near cash, deposits, warrants and money market instruments. The Fund may also invest in other assets including collective investment schemes, other transferable securities and other derivative instruments.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds109.0014.0095.00
Cash13.3910.243.15
Other1.850.001.85
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond39.86
Government17.30
Government Related12.39
Non-Agency Residential Mortgage Backed11.34
Asset Backed8.41
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseEuro-Bobl Future Dec16 Germany11.43
Uk Tsy 1 1/2 2021 2021-01-22United Kingdom6.99
United Kingdom (Government Of) 1% 2017-09-07United Kingdom5.42
United Kingdom (Government Of) 2% 2020-07-22United Kingdom3.55
1061482 Cds Usd R F 1.00000 2019-12-20United States2.24
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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