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M&G Corporate Bond I Acc

Citicode
MA93
Launch Date
11-03-2002
Fund Size
£1,148,720,000
Yield
3.90%
Ongoing Charge
0.83%
Fund Managers
Ben Lord
Richard Woolnough
Benchmark: IA Sterling Corporate Bond
Investment
M&G Corporate Bond I Acc
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

Asset Class

Fund Manager

Ben Lord

Start Date

01-01-2020

Bio

Ben joined M&G in 2007 and was appointed fund manager of the M&G Global Corporate Bond Strategy at its launch in September 2013. He currently serves as the lead fund manager of the M&G UK Inflation Linked Corporate Bond Fund and co-fund manager of both the M&G Strategic Corporate Bond Fund and the M&G Corporate Bond Fund.

In addition, Ben co-manages the M&G (Lux) European Inflation Linked Corporate Bond Fund and the M&G Short Dated Corporate Bond Strategy.

Prior to joining M&G, Ben worked at Gordian Knot as a credit analyst, focusing on global financial institutions.

Fund Manager

Richard Woolnough

Start Date

27-02-2004

Bio

Richard Woolnough joined M&G in January 2004 and is fund manager of the M&G Optimal Income Fund and its SICAV equivalent, and co-fund manager of the M&G Corporate Bond Fund and the M&G Strategic Corporate Bond Fund, three of the company's flagship fixed income funds. Richard 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 (LSE) with a BSc in economics.

Data source:

All financial data is supplied by FE

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