M&G European Inflation Linked Corpo
|Bid Price||-||Offer Price||-|
|Mid Price||CHF 10.03||Day Change||CHF +-0.00 (0.37%)|
|Price Date||22 Mar 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.61 %|
|Total Expense Ratio||1.23||Fund Size||89,425,196.00|
|Launch Date||16/09/2010||Standard Initial Charge (%)||3.25|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.23|
|ISIN||GB00B7YYJ108||Min TopUp (£)||75.00|
The fund is designed to provide protection from the effects of inflation by generating a total return (the combination of income and growth of capital) consistent with or greater than the rate of European inflation over any three- to five-year period. There is no guarantee that the fund will achieve its objective over any period. The fund is mainly invested in inflation-linked bonds issued by companies with a high credit quality, with a significant part of this investment expected to be gained through the use of derivatives combined with index-linked government bonds. It may also invest in non-inflation linked assets that would be expected to perform well in an inflationary environment.
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 and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt & Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.