M&G Global Macro Bond IH Inc GBP
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 100.48||Day Change||GBX -0.08 (-0.08%)|
|Price Date||21 Apr 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.52 %|
|Total Expense Ratio||0.84||Fund Size||2,135,118,366.00|
|Launch Date||15/10/1999||Standard Initial Charge (%)||1.00|
|Annual Management Charge (%)||0.65||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.84|
|ISIN||GB00BVYJ0Z45||Min TopUp (£)||10,000.00|
This ‘go-anywhere’ fund aims to deliver income and capital growth over the long term (that is, over five years or more) by investing across a broad range of fixed income assets, including bonds issued by governments and companies in developed nations and emerging markets. It can also invest in any currency. Exposure to these assets is gained through direct holdings and the use of derivatives. The ability to invest anywhere and in any currency gives the fund the freedom to select those assets that the fund manager believes are likely to benefit from the prevailing market trends and economic conditions.
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.