M&G Global Corporate Bond C Inc USD

Quick Stats

Bid Price - Offer Price -
Mid Price USD 11.06 Day Change USD +-0.03 (0.10%)
Price Date 18 Jan 2017 Crown Rating
Shares Class Inc. Yield 3.03 %
Total Expense Ratio 0.74 Fund Size 28,172,820.00
Launch Date 05/09/2013 Standard Initial Charge (%) 1.25
Currency USD ISA Eligible No
Annual Management Charge (%) 0.50 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.74
ISIN GB00BK6MBY03 Min TopUp (£) 50,000.00

Fund Objective

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.

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.