M&G Short Dated Corporate Bond AH A

Quick Stats

Bid Price - Offer Price -
Mid Price USD 10.69 Day Change USD +0.00 (0.42%)
Price Date 21 Oct 2016 Crown Rating 1
Shares Class Inc. Yield 0.90 %
Total Expense Ratio 1.07 Fund Size 336,030,000.00
Launch Date 29/01/1993 Standard Initial Charge (%) 3.25
Currency USD ISA Eligible No
Annual Management Charge (%) 0.90 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.07
ISIN GB00B80R6310 Min TopUp (£) 75.00

Fund Objective

The fund invests in a range of typically low-risk debt instruments such as floating rate notes and short-dated corporate bonds with the aim of providing income with stability of capital over a rolling three- to five-year period. There is no guarantee that the fund will achieve its objective over this, or any other, period. The level of income provided may vary over time. In-depth research is at the heart of the investment process and exposure to these debt instruments is gained through physical holdings and the use of derivatives.

Fund Managers

Ben Lord
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 was appointed acting fund manager of the M&G Index Linked Bond Fund in July 2015. In addition, Ben is 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.