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 IA Global Mixed Bond Sector over any five-year period.
Fund Manager
Jim Leavissmanager
for
24 years
and 6 months
Jim Leaviss is Head of Retail Fixed Interest for M&G’s mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt and Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.
Fund Overview
Mid (01/05/2024)
99.01p
Distribution yield
3.99%
Underlying yield
3.99%
Fund size (31/03/2024)
£1406.15m
Number of holdings
356
Entry Charge
0.00%
Ongoing Charges
0.53%
Launch date
15/10/1999
Asset Allocation
International Bonds
82.07%
Cash and Equivalents
11.37%
UK Gilts
6.27%
UK Corporate Bonds
3.82%
Alternative Trading Strategies
-9.31%
Other Assets
5.78%
Portfolio data accurate as at: 31/03/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Bonds
82.07%
Cash and Equivalents
11.37%
UK Gilts
6.27%
UK Corporate Bonds
3.82%
Alternative Trading Strategies
-9.31%
Other Assets
5.78%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
92.16%
-
-
-
Cash and Equivalents
11.37%
-
-
-
Non-Classified
5.78%
-
-
-
Alternative Trading Strategies
-9.31%
-
-
-
Alternative Trading Strategies
-
-9.31%
-
-
Alternative Trading Strategies
-
-
-9.31%
-
Alternative Trading Strategies
-
-
-
-9.31%
Regional Allocation
North America
33.80%
Developed Europe - Excl UK
22.99%
Cash and Equivalents
11.37%
South & Central America
11.32%
UK
10.09%
Australia & New Zealand
4.59%
Emerging Asia
3.71%
Emerging Europe
2.32%
Middle East & Africa
1.23%
Other Regions
-1.41%
Fixed Interest Currencies
US Dollar
31.71%
Euro
22.12%
Pound Sterling
14.07%
Cash
11.37%
New Zealand Dollar
2.86%
Mexican Peso
2.67%
Other Currencies
15.20%
Regional Breakdown
Expand allCollapse all
Region
Country
North America
33.80%
-
United States
-
32.54%
Canada
-
1.26%
Developed Europe - Excl UK
22.99%
-
Germany
-
7.63%
France
-
3.97%
Norway
-
2.24%
Spain
-
2.04%
Italy
-
2.04%
Belgium
-
1.62%
Netherlands
-
1.61%
Luxembourg
-
1.07%
Ireland
-
0.48%
Switzerland
-
0.26%
Sweden
-
0.02%
Cash and Equivalents
11.37%
-
South & Central America
11.32%
-
Mexico
-
3.34%
Brazil
-
1.99%
Peru
-
1.98%
Colombia
-
1.32%
Uruguay
-
1.21%
Paraguay
-
0.51%
Dominican Republic
-
0.46%
Chile
-
0.42%
Argentina
-
0.10%
UK
10.09%
-
United Kingdom
-
10.09%
Australia & New Zealand
4.59%
-
New Zealand
-
2.86%
Australia
-
1.73%
Emerging Asia
3.71%
-
Indonesia
-
2.50%
Philippines
-
0.64%
Malaysia
-
0.56%
South Korea
-
0.01%
Emerging Europe
2.32%
-
Romania
-
1.06%
Serbia
-
0.44%
Bulgaria
-
0.43%
Croatia
-
0.28%
Ukraine
-
0.11%
Middle East & Africa
1.23%
-
South Africa
-
1.23%
Japan
0.94%
-
Japan
-
0.94%
Non-Classified
-2.35%
-
Fixed Interest Maturity Profile
< 5Yr Maturity
35.14%
5Yr - 10Yr Maturity
23.85%
10Yr - 15Yr Maturity
7.35%
> 15Yr Maturity
25.82%
Cash And Equivalents
11.37%
Unknown Maturity
5.78%
Other Asset Types
-9.31%
Fixed Interest Quality Profile
AAA
37.36%
AA
7.60%
A
8.77%
BBB
18.21%
Sub-Investment Grade
3.35%
Unknown Quality
16.86%
Cash and Equivalents
11.37%
Other Asset Types
-3.53%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
TREASURY (CPI) NOTE 2.375% 15/01/2027
5.70%
Bonds
United States
2
TREASURY BOND 3% 15/11/2044
4.34%
Bonds
United States
3
TREASURY NOTE 4.125% 15/11/2032
3.62%
Bonds
United States
4
TREASURY BOND 3.375% 15/08/2042
3.35%
Bonds
United States
5
TREASURY (CPI) NOTE 0.75% 15/02/2045
2.58%
Bonds
United States
6
GERMANY (FEDERAL REPUBLIC OF) 2.5% 13/03/2025
2.16%
Bonds
Germany
7
GERMANY (GOVERNMENT OF) 0.1% 15/04/2026
1.79%
Bonds
Germany
8
GERMANY (FEDERAL REPUBLIC OF) 0.5% 15/04/2030
1.77%
Bonds
Germany
9
AUSTRALIA (COMMONWEALTH OF) 1.75% 21/06/2051
1.71%
Bonds
Australia
10
TREASURY NOTE 0.25% 15/06/2024
1.66%
Bonds
United States
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
BG086V8
Mex Code
-
Isin Code
GB00BG086V89
Citi Code
Q4R4
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.53%
Aims and Benchmark
Aims
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 IA Global Mixed Bond Sector over any five-year period.
Benchmark
Bloomberg Global Aggregate Index Unhedged USD
Benchmark Category
Target
IA Sector
Global Bonds
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
$0.50
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Interest
Distribution Payment Basis
Net
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
State Street Bank and Trust Company
Group Details
Group name
M&G Investments
Group address
10 Fenchurch Avenue
London
EC3M 5AG
United Kingdom
Group telephone
0800 390 390
Dealing telephone
0800 328 3196
Email
info@mandg.co.uk
Homepage
www.mandg.co.uk
Fax number
-
Dealing
Minimum Investment
-
Minimum Top Up
-
Minimum Regular Saving
-
Settlement Period: Buy
-
Settlement Period: Sell
-
Pricing Basis
None
Dealing Decimals
-
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.