M&G Short Dated Corporate Bond AH I

Quick Stats

Bid Price - Offer Price -
Mid Price USD 10.48 Day Change USD +0.01 (1.26%)
Price Date 26 May 2017 Crown Rating 1
Shares Class Inc. Yield 1.57 %
Total Expense Ratio 1.08 Fund Size 444,680,000.00
Launch Date 29/01/1993 Standard Initial Charge (%) 3.25
Currency USD ISA Eligible No
Annual Management Charge (%) 0.90 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.08
ISIN GB00BK6MBB75 Min TopUp (£) 75.00

Fund Objective

The fund invests in a range of typically low-risk debt instruments such as floating rate notes and corporate bonds due to be repaid within three years, 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.

Fund Managers

Ben Lord
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.