M&G Global Government Bond A Acc EU
|Bid Price||-||Offer Price||-|
|Mid Price||EUR 12.45||Day Change||EUR +0.01 (1.01%)|
|Price Date||26 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.41 %|
|Total Expense Ratio||1.21||Fund Size||59,270,000.00|
|Launch Date||04/10/1999||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.21|
|ISIN||GB00BMP3RV75||Min TopUp (£)||75.00|
The fund aims to deliver income and capital growth by investing at least 70% of the portfolio in investment grade government bonds on a global basis. Exposure to these assets is gained through direct holdings and the use of derivatives. The portfolio’s positioning is influenced by global and country-specific macroeconomic factors, such as the rate of economic growth as well as currency and interest rate movements.
Jim Leaviss is Head of Retail Fixed Interest for M&G’s mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt & Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.