M&G Corporate Bond Fund Sterling A IncRegister to Unlock Ratings |
Performance History | 31/07/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
![]() | Fund | 5.5 | -2.2 | -15.6 | 10.1 | 1.6 |
![]() | +/-Cat | -3.2 | 0.5 | 3.1 | 0.5 | -0.1 |
![]() | +/-B’mrk | -4.0 | 1.7 | 5.1 | 0.4 | 0.4 |
Category: GBP Corporate Bond | ||||||
Category Benchmark: Morningstar UK Corp Bd GR GBP |
Key Stats | ||
NAV 14/08/2024 | GBX 34.63 | |
Day Change | 0.44% | |
Morningstar Category™ | GBP Corporate Bond | |
IA (formerly IMA) Sector | £ Corporate Bond | |
ISIN | GB0031285678 | |
Fund Size (Mil) 14/08/2024 | GBP 1318.79 | |
Share Class Size (Mil) 14/08/2024 | GBP 278.94 | |
Max Initial Charge | - | |
Ongoing Charge 12/02/2024 | 0.83% |
Morningstar Research |
Analyst Report | 19/10/2023 Evangelia Gkeka, Senior Analyst Morningstar, Inc |
M&G Corporate Bond utilises an established and time-tested process, its management team has experience in managing money across different stages of the credit cycle, and the strategy has generated strong long-term absolute and risk-adjusted... | |
Click here to read this analyst report on the underlying fund. |
Morningstar Pillars | |
---|---|
People | 25 |
Parent | 23 |
Process | 24 |
Performance | |
Price |
Investment Objective: M&G Corporate Bond Fund Sterling A Inc |
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the iBoxx Sterling Corporates GBP Index over any five-year period. At least 70% of the Fund is invested, directly or indirectly through derivatives, in investment grade corporate debt securities including investment grade Asset-Backed Securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets. These securities are denominated in Sterling or hedged back to Sterling. |
Returns | ||||||||||||||||
|
Management | ||
Manager Name Start Date | ||
Richard Woolnough 27/02/2004 | ||
Ben Lord 01/01/2020 | ||
Inception Date 15/04/1994 |
Advertisement |
Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
Markit iBoxx GBP Corp TR | Morningstar UK Corp Bd GR GBP |
Target Market | ||||||||||||||||||||
|
Portfolio Profile for M&G Corporate Bond Fund Sterling A Inc | 31/07/2024 |
|
|