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M&G Corporate Bond

Citicode
MA93
Launch Date
11-03-2002
Fund Size
£1,250,850,000
Yield
3.88%
Ongoing Charge
0.83%
Fund Managers
Ben Lord
Richard Woolnough
Benchmark: IA Sterling Corporate Bond
Investment
M&G Corporate Bond
3 months
6 months
1 Year
3 years
5 years

Fund Objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the iBoxx Sterling Corporates GBP Index over any five-year period.

Top 10 Holdings

His Majesty`s Tr...His Majesty`s Tre...United Kingdo Ts...Imperial Brands ...France (Govt Of)...Berkshire Hatha...Reseau Ferre De ...Santander Uk Plc ...United Kingdom 4...Wellcome Trust Fi...44332211002.7%2.4%2.3%1.8%1.2%1.2%1.2%1.1%1.0%1.0%

Asset Class

Global Fixed Interest
Global Government Fixed Interest
Global Government Fixed Interest
Money Market
Global Index Linked
68.5%14.7%10.8%6.1%

Fund Manager

Ben Lord

Start Date

01-01-2020

Bio

Ben Lord joined M&G in 2007 and was appointed manager of the M&G Global Corporate Bond strategy when it was launched in September 2013. Ben also manages the M&G UK Inflation Linked Corporate Bond strategy and co-manages the Corporate Bond and Strategic Corporate Bond strategies. Before joining M&G, he worked at Gordian Knot as a credit analyst covering global financial institutions. Ben obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.

Fund Manager

Richard Woolnough

Start Date

27-02-2004

Bio

Richard Woolnough joined M&G in January 2004 and is Richard Woolnough manages Optimal Income, Corporate Bond and Strategic Corporate Bond, three of M&G’s flagship fixed income strategies. Richard, who joined M&G in January 2004, began his career at Lloyds Merchant Bank in 1985, moving to Italian insurer Assicurazioni Generali two years later, followed by SG Warburg. In 1995, he became a fund manager at Old Mutual. Richard graduated from the London School of Economics with a BSc in economics.

Data source:

All financial data is supplied by FE

Disclaimer:

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