M&G Gilt & Fixed Interest Income Class I GBP Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20		 31/03/20
to
31/03/21		 31/03/21
to
31/03/22		 31/03/22
to
31/03/23		 31/03/23
to
31/03/24
Fund 8.7% -5.8% -4.8% -15.6% 0.3%
Sector 10.7% -5.9% -5.0% -16.4% 0.2%
Rank 22/28 17/29 9/30 12/32 11/33
Quartile 4 3 2 2 2

Annualised performance

Annualised
3 Years to
31/03/24		 5 Years to
31/03/24		 10 Years to
31/03/24
Fund -7.0% -3.8% 0.5%
Sector -7.3% -3.7% 0.9%
Rank 11/30 10/28 12/20
Quartile 2 2 3

Top 10 Holdings

Stock % Weight
4⅛% Treasury Gilt 2027 23.48
4½% Treasury Gilt 2028 20.42
4½% Treasury Gilt 2042 9.57
⅞ Treasury 2046 6.97
2½% Treasury Gilt 2065 5.77
⅝% Treasury Gilt 2050 5.13
3½% Treasury Gilt 2025 4.39
½% Treasury Gilt 2029 4.21
1⅛ Treasury 2039 3.98
4% Treasury Gilt 2063 3.20
Total 87.12

Fund Aims

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE UK Conventional Gilts All Stocks Index over any five-year period.

Fund Manager

Miles Tym manager for 3 years and 5 months

Photo of Miles Tym Miles Tym joined M&G Investments in January 2009 as a senior portfolio manager specialising in government bond and macro fixed income mandates. Before joining the investment management industry in 1996, Miles worked briefly as an accountant and a trader on the LIFFE floor. He spent the next eight years of his career managing both government and corporate bond portfolios for Alliance Capital. In 2004, Miles joined Morley with a brief to specialise in government bond portfolios. He graduated from Cambridge University in 1993 with a BA Hons in Economics.

Fund Overview

Mid (26/04/2024) 981.24p
Distribution yield 4.14%
Underlying yield 4.14%
Fund size (31/03/2024) £373.01m
Number of holdings 73
Entry Charge 0.00%
Ongoing Charges 0.25%
Launch date 09/12/1980

Asset Allocation

pie chart
  UK Gilts 96.36%
  UK Corporate Bonds 2.73%
  Money Market 0.53%
  Cash and Equivalents 0.31%
  International Bonds 0.01%
  Other Assets 0.07%
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

pie chart
  UK Gilts 96.36%
  UK Corporate Bonds 2.73%
  Money Market 0.53%
  Cash and Equivalents 0.31%
  International Bonds 0.01%
  Other Assets 0.07%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 99.09% - - -
 
 Cash and Equivalents 0.83% - - -
 
 Non-Classified 0.07% - - -

Regional Allocation

pie chart
  UK 99.08%
  Cash and Equivalents 0.83%
  Non-Classified 0.07%
  Developed Europe - Excl UK 0.01%

Fixed Interest Currencies

pie chart
  Pound Sterling 99.09%
  Non-Fixed Interest Assets 0.60%
  Cash 0.31%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 99.08% -
 
 United Kingdom - 99.08%
 
 Cash and Equivalents 0.83% -
 
 Non-Classified 0.07% -
 
 Developed Europe - Excl UK 0.01% -
 
 France - 0.01%
 
 Netherlands - 0.00%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
61.03%
10Yr - 15Yr Maturity
 
 
3.98%
> 15Yr Maturity
 
 
34.08%
Cash And Equivalents
 
 
0.83%
Unknown Maturity
 
 
0.07%

Fixed Interest Quality Profile

AA
 
 
97.20%
Unknown Quality
 
 
1.90%
Cash and Equivalents
 
 
0.83%
Other Asset Types
 
 
0.07%

Top 10 Holdings

Stock % Weight Sector Country
1 4⅛% Treasury Gilt 2027 23.48% Bonds United Kingdom
2 4½% Treasury Gilt 2028 20.42% Bonds United Kingdom
3 4½% Treasury Gilt 2042 9.57% Bonds United Kingdom
4 ⅞ Treasury 2046 6.97% Bonds United Kingdom
5 2½% Treasury Gilt 2065 5.77% Bonds United Kingdom
6 ⅝% Treasury Gilt 2050 5.13% Bonds United Kingdom
7 3½% Treasury Gilt 2025 4.39% Bonds United Kingdom
8 ½% Treasury Gilt 2029 4.21% Bonds United Kingdom
9 1⅛ Treasury 2039 3.98% Bonds United Kingdom
10 4% Treasury Gilt 2063 3.20% Bonds United Kingdom

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 B734BY8
Mex Code -
Isin Code GB00B734BY83
Citi Code 0ZDP

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.25%

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 that of the FTSE UK Conventional Gilts All Stocks Index over any five-year period.
Benchmark FTSE Actuaries UK Conventional Gilts All Stocks Index
Benchmark Category Target
IA Sector UK Gilt

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £0.48
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 Crown Rating of 4

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 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

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.