M&G Global Corporate Bond C Gr Acc
|Bid Price||-||Offer Price||-|
|Mid Price||USD 12.14||Day Change||USD +0.02 (1.36%)|
|Price Date||26 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.23 %|
|Total Expense Ratio||0.75||Fund Size||40,270,000.00|
|Launch Date||05/09/2013||Standard Initial Charge (%)||1.25|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.75|
|ISIN||GB00BBCR3952||Min TopUp (£)||50,000.00|
The fund aims to deliver income and capital growth by investing at least 70% of the fund in investment grade (high quality) fixed income securities issued by companies from anywhere in the world. Up to 20% of the fund may also be invested in other global fixed income investments. The fund holds these assets directly and through derivatives. The fund manager's overall economic outlook will determine the portfolio's overall positioning, while an in-house team of independent credit analysts assists in the selection of individual bond issues.
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.