M&G Global Corporate Bond Sterling PP Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/07/20 to 31/07/21 |
31/07/21 to 31/07/22 |
31/07/22 to 31/07/23 |
31/07/23 to 31/07/24 |
31/07/24 to 31/07/25 |
|
|---|---|---|---|---|---|
| Fund | n/a | n/a | n/a | n/a | 5.3% |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/07/25 |
5 Years to 31/07/25 |
10 Years to 31/07/25 |
||
| Fund | n/a | n/a | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| EURO-SCHATZ SEP 25 | 4.68 |
| TREASURY BOND 1.125% 15/08/2040 | 2.64 |
| TREASURY BOND 1.25% 15/05/2050 | 2.32 |
| TESCO PLC 3.322% 05/11/2025 | 1.78 |
| TREASURY (CPI) NOTE 0.875% 15/02/2047 | 1.69 |
| EUROPEAN UNION 0% 04/07/2031 | 1.20 |
| NEW YORK LIFE GLOBAL FUNDING 3.625% 09/01/2030 | 1.05 |
| ½% Treasury Gilt 2029 | 1.03 |
| EURO-SCHATZ SEP 25 | 0.98 |
| NEW YORK LIFE GLOBAL FUNDING 3.45% 30/01/2031 | 0.97 |
| Total | 18.33 |
Fund Aims
The Fund aims to maximise total return (the combination of income and growth of capital).
Fund Manager
Ben Lord joined M&G in 2007 and was appointed fund manager of the M&G Global Corporate Bond Fund from launch in September 2013. He is also fund manager of the M&G UK Inflation Linked Corporate Bond Fund and deputy manager of the M&G European Inflation Linked Corporate Bond Fund, the M&G Strategic Corporate Bond Fund, the M&G Corporate Bond Fund and the M&G Short Dated Corporate Bond Fund. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.
Fund Overview
| Mid (21/08/2025) | 109.24p |
| Distribution yield | - |
| Underlying yield | - |
| Fund size (31/07/2025) | £201.74m |
| Number of holdings | 565 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.35% |
| Launch date | 05/09/2013 |
Asset Allocation
| International Bonds | 97.42% | |
| UK Corporate Bonds | 12.10% | |
| UK Gilts | 2.37% | |
| Alternative Trading Strategies | 1.69% | |
| Cash and Equivalents | 0.30% | |
| Other Assets | -13.87% |
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.
Asset Allocation
| International Bonds | 97.42% | |
| UK Corporate Bonds | 12.10% | |
| UK Gilts | 2.37% | |
| Alternative Trading Strategies | 1.69% | |
| Cash and Equivalents | 0.30% | |
| Other Assets | -13.87% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 111.89% | - | - | - | |
| Alternative Trading Strategies | 1.69% | - | - | - | |
| Alternative Trading Strategies | - | 1.69% | - | - | |
| Alternative Trading Strategies | - | - | 1.69% | - | |
| Alternative Trading Strategies | - | - | - | 1.69% | |
| Cash and Equivalents | 0.30% | - | - | - | |
| Non-Classified | -13.87% | - | - | - | |
Regional Allocation
| North America | 56.01% | |
| Developed Europe - Excl UK | 36.78% | |
| UK | 14.47% | |
| Australia & New Zealand | 1.87% | |
| Japan | 1.73% | |
| South & Central America | 0.52% | |
| Emerging Europe | 0.51% | |
| Cash and Equivalents | 0.30% | |
| Non-Classified | -12.18% |
Fixed Interest Currencies
| US Dollar | 51.20% | |
| Euro | 36.18% | |
| Unrecognised | 14.31% | |
| Pound Sterling | 9.11% | |
| Australian Dollar | 0.57% | |
| Yen | 0.31% | |
| Other Currencies | -11.68% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 56.01% | - | |
United States
|
- | 54.26% | |
Canada
|
- | 1.76% | |
| Developed Europe - Excl UK | 36.78% | - | |
Germany
|
- | 12.73% | |
Netherlands
|
- | 5.58% | |
France
|
- | 5.02% | |
Belgium
|
- | 2.33% | |
Ireland
|
- | 1.62% | |
Sweden
|
- | 1.61% | |
Norway
|
- | 1.36% | |
Spain
|
- | 1.20% | |
Switzerland
|
- | 1.03% | |
Portugal
|
- | 0.81% | |
Italy
|
- | 0.78% | |
Denmark
|
- | 0.77% | |
Iceland
|
- | 0.74% | |
Luxembourg
|
- | 0.67% | |
Finland
|
- | 0.28% | |
Austria
|
- | 0.26% | |
| UK | 14.47% | - | |
United Kingdom
|
- | 14.47% | |
| Australia & New Zealand | 1.87% | - | |
Australia
|
- | 1.68% | |
New Zealand
|
- | 0.19% | |
| Japan | 1.73% | - | |
Japan
|
- | 1.73% | |
| South & Central America | 0.52% | - | |
Brazil
|
- | 0.52% | |
| Emerging Europe | 0.51% | - | |
Romania
|
- | 0.40% | |
Greece
|
- | 0.10% | |
| Cash and Equivalents | 0.30% | - | |
| Non-Classified | -12.18% | - | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
30.57% |
| 5Yr - 10Yr Maturity |
|
45.80% |
| 10Yr - 15Yr Maturity |
|
6.65% |
| > 15Yr Maturity |
|
28.87% |
| Cash And Equivalents |
|
0.30% |
| Unknown Maturity |
|
-12.58% |
| Other Asset Types |
|
0.40% |
Fixed Interest Quality Profile
| AAA |
|
10.56% |
| AA |
|
26.14% |
| A |
|
31.09% |
| BBB |
|
21.76% |
| Sub-Investment Grade |
|
1.34% |
| Unknown Quality |
|
21.00% |
| Cash and Equivalents |
|
0.30% |
| Other Asset Types |
|
-12.18% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | EURO-SCHATZ SEP 25 | 4.68% | Non-Classified | Non-Classified |
| 2 | TREASURY BOND 1.125% 15/08/2040 | 2.64% | Bonds | United States |
| 3 | TREASURY BOND 1.25% 15/05/2050 | 2.32% | Bonds | United States |
| 4 | TESCO PLC 3.322% 05/11/2025 | 1.78% | Bonds | United Kingdom |
| 5 | TREASURY (CPI) NOTE 0.875% 15/02/2047 | 1.69% | Bonds | United States |
| 6 | EUROPEAN UNION 0% 04/07/2031 | 1.20% | Bonds | Belgium |
| 7 | NEW YORK LIFE GLOBAL FUNDING 3.625% 09/01/2030 | 1.05% | Bonds | United States |
| 8 | ½% Treasury Gilt 2029 | 1.03% | Bonds | United Kingdom |
| 9 | EURO-SCHATZ SEP 25 | 0.98% | Non-Classified | Non-Classified |
| 10 | NEW YORK LIFE GLOBAL FUNDING 3.45% 30/01/2031 | 0.97% | 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 | BS44CX0 |
| Mex Code | - |
| Isin Code | GB00BS44CX09 |
| Citi Code | AX3GA |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.35% |
Aims and Benchmark
| Aims | The Fund aims to maximise total return (the combination of income and growth of capital). |
| Benchmark | n/a |
| Benchmark Category | - |
| IA Sector | £ Corporate Bond |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | Interest |
| Distribution Payment Basis | Net |
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 |
| 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.