| Quick Stats | |||||
|---|---|---|---|---|---|
| Fund currency | GBX | Change on day | -0.10 p | Sector | IMA Sterling Corporate Bond |
| Bid price | - | Change on day | -0.17% | Fund Size | £60.60 B 31/03/2013 |
| Mid price | 58.09 p | Yield | 3.23% | Fund type | OEIC |
| Offer price | - | Unit type | Accumulation | Available as | ISA |
| Price date | 24/05/2013 | Crown Rating |  |
Launch date | 11/03/2002 |
| Fund Objective | Purchase Information | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Fund aims to achieve a higher total return (the combination of income and growth of capital) from investment than would be obtainable in UK government fixed interest securities (ie gilts) of similar maturities. |
|
||||||||||
| Manager Information | |
|---|---|
| Manager name | Richard Woolnough |
| Manager since | 27/02/2004 |
| Manager's biography | Richard Woolnough joined M&G in January 2004 and is fund manager of the M&G Optimal Income Fund, the M&G Corporate Bond Fund and the M&G Strategic Bond Fund, three of the company's flagship fixed interest funds. Richard began his career at Lloyds Merchant Bank in 1985, moving to Italian insurer Assicurazioni Generali two years later, followed by SG Warburg. In 1995, he became a fund manager at Old Mutual. Richard graduated from the London School of Economics with a BSc in economics. |
Performance Chart
| Cumulative Performance | |||||
|---|---|---|---|---|---|
| 3 mth |
6 mth |
1 yr |
3 yr |
5 yr |
|
| Fund | 3.79 | 2.92 | 10.42 | 26.04 | 58.85 |
| Sector | 3.87 | 4.12 | 12.96 | 23.90 | 40.42 |
| Relative to sector | -0.08 | -1.15 | -2.25 | 1.73 | 13.12 |
| Rank within sector | 56 / 88 | 78 / 87 | 73 / 84 | 38 / 79 | 8 / 73 |
| Discrete Performance | |||||
|---|---|---|---|---|---|
| 24/05/2012 -24/05/2013 |
24/05/2011 -24/05/2012 |
24/05/2010 -24/05/2011 |
24/05/2009 -24/05/2010 |
24/05/2008 -24/05/2009 |
|
| Fund | 10.42 | 8.07 | 5.62 | 19.03 | 5.88 |
| Sector | 12.96 | 3.73 | 5.75 | 22.98 | -7.84 |
| Relative to sector | -2.25 | 4.19 | -0.12 | -3.21 | 14.88 |
| Top 10 Holdings | % of Fund | |
|---|---|---|
| 1 | TREASURY 3.75% GILT 22/07/52 GBP0.01 | 2.83 |
| 2 | NORTHERN TRUST STERLING D | 1.92 |
| 3 | EDF 5.5% BDS 17/10/41 GBP100000 | 0.96 |
| 4 | IMPERIAL TOBACCO FINANCE 9% GTD NTS 17/02/22 GBP50000 | 0.89 |
| 5 | TREASURY 3.25% IDX LKD GILT 22/01/44 GBP0.01 | 0.88 |
| 6 | EDF 6.125% NTS 02/06/34 GBP50000 | 0.77 |
| 7 | LLOYDS TSB BANK PLC 5.125% NTS 07/03/25 GBP100000 | 0.77 |
| 8 | AT&T INC 4.875% UNSEC BDS 01/06/44 GBP100000 | 0.76 |
| 9 | AMGEN INC 5.5% BDS 07/12/26 GBP100000 | 0.70 |
| 10 | WELLS FARGO BANK NA 5.25% SUBORD NTS 01/08/23 GBP50000 | 0.68 |
Region Weighting - as at April 30, 2013
| Region | % of Fund | Chart | ||
|---|---|---|---|---|
| 1 | UK | 54.99% | ||
| 2 | USA | 14.35% | ||
| 3 | France | 6.57% | ||
| 4 | Netherlands | 6.31% | ||
| 5 | Channel Islands | 3.39% | ||
| 6 | Cayman Islands | 2.88% | ||
| 7 | Germany | 2.02% | ||
| 8 | Money Market | 1.30% | ||
| 9 | Others | 8.19% | ||
Asset Weighting - as at April 30, 2013
| Asset | % of Fund | Chart | ||
|---|---|---|---|---|
| 1 | UK Fixed Interest | 58.38% | ||
| 2 | European Fixed Interest | 16.97% | ||
| 3 | US Fixed Interest | 14.35% | ||
| 4 | North American Fixed Interest | 3.34% | ||
| 5 | German Fixed Interest | 2.02% | ||
| 6 | Money Market | 1.30% | ||
| 7 | Others | 0.88% | ||
| 8 | Spanish Fixed Interest | 0.81% | ||
| 9 | Others | 1.95% | ||
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