logo

M&G Global Macro Bond

Quick Stats

Fund currency GBX Change on day -0.25p Sector IMA Global Bonds
Bid price - Change on day -0.37 % Fund Size £88m 31/07/2010
Mid price 66.33p Yield 2.79 % Fund type UK OEICs
Offer price - Unit type Income Available as ISA, PEP
Price date 12:00 02/09/2010 Crown RatingFinancial Express Crown Rating Launch date 23/09/1999

Fund Objective

To maximise long term total return (the combination of income and growth of capital).

Purchase Information

Min. Investment £500
Min. Top-up £100
Standard Initial
Charge		 3.00 %
Annual Management
Charge		 1.25 %
Dividend Dates May 01, Feb 01, Nov 01, Aug 01

Manager Information

Manager name Jim Leaviss
Manager since 01/09/1999
Manager's biography Jim is head of institutional and retail fixed interest at M&G in the UK.

Performance Chart

    M&G Global Macro Bond
    IMA Global Bonds

Cumulative Performance

  3 mth 6 mth 1 yr 3 yr 5 yr
Fund 1.36 % 4.59 % 12.26 % 56.73 % 52.81 %
Sector 2.07 % 1.80 % 11.28 % 39.13 % 34.80 %
Relative to sector -0.71 % 2.79 % 0.99 % 17.60 % 18.01 %
Rank within sector 47 / 69 22 / 67 29 / 65 15 / 55 10 / 47
Quartile 3 2 2 2 1

Discrete Performance Last Quarter End

  01/07/2009 -
30/06/2010		 01/07/2008 -
30/06/2009		 01/07/2007 -
30/06/2008		 01/07/2006 -
30/06/2007		 01/07/2005 -
30/06/2006
Fund 15.85 % 15.99 % 14.12 % -1.86 % -0.53 %
Sector 14.71 % 10.15 % 7.50 % -1.92 % -0.74 %
Relative to sector 1.14 % 5.84 % 6.61 % 0.05 % 0.21 %
Quartile 2 2 1 3 2

Discrete Performance by Calendar Year

  YTD 2009 2008 2007 2006
Fund 10.69 % -0.52 % 32.77 % 5.87 % -2.32 %
Sector 7.63 % 5.67 % 16.54 % 4.36 % -3.81 %
Relative to sector 3.07 % -6.20 % 16.23 % 1.51 % 1.49 %
Quartile 2 3 2 2 2

Fund Holdings - as at July 31, 2010

Top 10 Holdings % of Fund
1 UNITED STATES OF AMER TREAS NOTES 3.375% TB 15/11/ 10.81 %
2 GERMANY(FEDERAL REPUBLIC) 2.5% BDS 27/02/15 EUR100 8.21 %
3 GERMANY(FEDERAL REPUBLIC) 3.25% BDS 04/01/20 EUR0. 6.01 %
4 SWITZERLAND(GOVT OF) 4.25% BDS 6/1/14 CHF(VAR) 3.17 %
5 UNITED STATES OF AMER TREAS NOTES 3.5% BDS 15/02/3 2.66 %
6 MEXICO(UNITED MEXICAN STATES) 9.5% BDS 18/12/14 MX 1.97 %
7 UNITED STATES OF AMER TREAS NOTES 1.94 %
8 KOREA(REPUBLIC OF) 4.75% BDS 10/12/11 KRW10000 1.91 %
9 EUROPEAN BANK FOR REC & DEV 9.5% MTN 06/11/13 BRL5 1.90 %
10 WAR 3 1/2% LN 1.72 %

Sector Weighting - as at July 31, 2010

Sector % of Fund
1 AAA 41.60 %
2 A 19.20 %
3 BBB 12.70 %
4 Money Market 8.10 %
5 BB 7.70 %
6 B 3.80 %
7 Non-Rated 3.00 %
8 AA 2.80 %
9 CCC 1.00 %
10 Others 0.10 %

Region Weighting - as at July 31, 2010

Region % of Fund
1 USA 33.40 %
2 Japan 26.50 %
3 UK 23.90 %
4 Money Market 7.30 %
5 Switzerland 3.30 %
6 Korea 3.20 %
7 Brazil 2.00 %
8 Europe ex UK 0.20 %
9 Australia 0.20 %


Asset Weighting - as at July 31, 2010

Asset % of Fund
1 Fixed Interest 91.90 %
2 Money Market 8.10 %