M&G Global Government Bond A Acc US
|Bid Price||-||Offer Price||-|
|Mid Price||USD 10.53||Day Change||USD +-0.02 (0.15%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.25 %|
|Total Expense Ratio||1.23||Fund Size||67,410,259.00|
|Launch Date||04/10/1999||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.23|
|ISIN||GB00BMP3RZ14||Min TopUp (£)||75.00|
The fund aims to maximise total return (the combination of income and growth of capital) through investing mainly in investment grade government bonds on a global basis. Exposure to these assets is gained through physical holdings and the use of derivatives. The portfolio’s positioning is influenced by global and country-specific macroeconomic factors, such as the rate of economic growth as well as currency and interest rate movements.
Jim Leaviss is Head of Retail Fixed Interest for M&G's mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund, the M&G Gilt and Fixed Interest Income Fund and co-manager of the M&G Inflation Linked Corporate Bond funds.