M&G Short Dated Corp Bd GBP I Inc (FUND:B8JXBQ8) - Fund price - 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 18/05/2018GBX 1,036.79
Day Change0.27%
12 Month Yield1.57%
ISINGB00B8JXBQ82
SEDOLB8JXBQ8
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/2018483.69 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 Cost0.42%
AMC0.25%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx EUR Corp 1-3 Hdg TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund2.852.490.533.552.43-0.25
Category1.6810.680.389.714.84-1.37
Benchmark1.6412.510.7012.274.86-1.54
  • 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) 18/05/2018
FundCatBmark
YTD-0.03-2.07-2.28
3 Years Annualised1.813.854.63
5 Years Annualised2.034.264.94
10 Years Annualised1.846.216.47

Morningstar SRRI

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

Investment Objective

The Fund aims to provide a total return (the combination of capital growth and income). At least 80% of the Fund is invested in investment grade corporate bonds (including variable rate securities and fixed income securities). The Fund invests in securities which on aggregate produce a low portfolio duration, in order to limit the effect of interest rate movements on the Fund’s capital value. These securities may be issued anywhere in the world. The Fund aims to hedge non-GBP assets to GBP. Derivatives can be used to meet the Fund’s investment objective and for efficient portfolio management. The Fund may also invest in other debt securities (including government and public securities denominated in any currency), collective investment schemes, other transferable securities, cash, near cash, other money market securities, warrants, and other derivative instruments.

Portfolio Profile30/04/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds97.646.0691.58
Cash14.069.344.73
Other3.690.003.69
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond56.89
Agency Mortgage Backed16.42
Government10.90
Asset Backed6.35
Cash & Equivalents4.91
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioGermany (Federal Republic Of) 0% 2023-05-10Germany5.71
United Kingdom of Great Britain and Northern Ireland 4.5% 2023-05-18United Kingdom3.20
Kreditanstalt Fur Wiederaufbau 1.12% Germany2.08
New since last portfolio1184174 Cds Eur R F 1.00000 Germany1.87
New since last portfolio1184175 Cds Eur R F 1.00000 2023-10-24Germany1.87
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.
© Copyright 2018 Morningstar. All rights reserved.