M&G Short Dated Corporate Bond AH I
|Bid Price||-||Offer Price||-|
|Mid Price||EUR 9.93||Day Change||EUR +-0.00 (0.02%)|
|Price Date||6 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.84 %|
|Total Expense Ratio||1.07||Fund Size||328,260,000.00|
|Launch Date||29/01/1993||Standard Initial Charge (%)||3.25|
|Annual Management Charge (%)||0.90||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.07|
|ISIN||GB00B93LP180||Min TopUp (£)||75.00|
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.
Ben Lord joined M&G in 2007 and is the fund manager of the M&G UK Inflation Linked Corporate Bond Fund. Ben has also managed the M&G Global Corporate Bond Fund from launch in September 2013 and was appointed fund manager of the M&G Index Linked Bond Fund in July 2015. 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.