Quick Stats

Mid Price GBX 166.88 Day Change GBX +1.43 (0.86%)
Price Date 24 Apr 2019 Crown Rating 1
Shares Class Inc. Yield 3.18 %
Last Ex-Dividend Date 01 February 2019 Dividend Frequency Annually
Sector Specialist Fund Size 277,450,000.00
Launch Date 13/07/2007 Standard Initial Charge 0.00%
Ongoing cost 1.67% Annual Management Charge 1.50%
ISIN GB00B1Z68270 Sedol B1Z6827

Fund Objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the Thomson Reuters Global Focus Convertible Bond Index over any five-year period.

Fund Managers

Leonard Vinville
Léonard Vinville joined M&G in 2002, and since then has been managing the convertibles allocation of the Prudential With Profit Life Fund. He has also been responsible for managing the M&G Global Convertibles Fund since its launch in July 2007. Both funds are run with the same investment approach and with an emphasis on generating strong risk-adjusted returns. Prior to joining M&G, Léonard was Head of European Convertibles at AGF Asset Management in Paris, where he managed convertibles and French equity mandates. He has an MBA and is qualified as a chartered accountant.
David Romani
David Romani is deputy manager of the M&G (Lux) Global Convertibles Fund and M&G Global Convertibles Fund (UK-authorised OEIC). He joined M&G in 2005, performing a variety of roles in strategic planning, marketing and client communications before becoming a dedicated convertibles analyst in the Global Convertibles team. Prior to joining M&G, David worked for Prudential and as a consultant to the asset management and life insurance industries. David holds an MBA degree from the University of Chicago and is a CFA charterholder.
Yannis Karachalios
Yannis Karachalios is deputy manager of the M&G (Lux) Global Convertibles Fund and M&G Global Convertibles Fund (UK-authorised OEIC), having joined M&G in 2011 as a credit analyst dedicated to the convertible bonds team. He is responsible for the credit analysis of convertible bonds, with expertise in high yield, leveraged loans and distressed debt. Yannis previously worked at Alpstar Capital in Geneva. Prior to this, he was a high yield credit analyst at Hermes Fund Managers London. Yannis has an MSc in financial economics from Brunel University.