M&G Global Corporate Bond RH Inc GB
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 107.81||Day Change||GBX +0.09 (0.08%)|
|Price Date||2 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.00 %|
|Total Expense Ratio||1.02||Fund Size||25,052,868.00|
|Launch Date||05/09/2013||Standard Initial Charge (%)||1.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.02|
|ISIN||GB00BBCR3F13||Min TopUp (£)||100.00|
The fund aims to maximise total return (the combination of income and growth of capital) by investing mainly in investment grade, or high quality, corporate bonds from around the world, denominated in any currency. The fund manager may also hold up to 20% of the portfolio in other global fixed income investments. Exposure to these assets is gained through physical holdings and the use of derivatives. The fund manager’s 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.