M&G Global Macro Bond Class PP GBP Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | -3.4% | -0.9% | -1.3% | -3.4% | -0.4% |
| Sector | 4.2% | -3.0% | -3.2% | 3.7% | 3.4% |
| Rank | 75/77 | 13/86 | 19/92 | 91/93 | 90/95 |
| Quartile | 4 | 1 | 1 | 4 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | -1.7% | -1.9% | 2.1% | |
| Sector | 1.2% | 1.0% | 2.1% | |
| Rank | 83/92 | 70/77 | 16/48 | |
| Quartile | 4 | 4 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TREASURY BOND 4.375% 15/11/2039 | 5.57 |
| TREASURY NOTE 2.375% 31/03/2029 | 4.09 |
| TREASURY NOTE 4.125% 15/11/2032 | 3.27 |
| TREASURY (CPI) NOTE 1.125% 15/01/2033 | 3.16 |
| TREASURY (CPI) NOTE 1.75% 15/01/2034 | 3.15 |
| GERMANY (FEDERAL REPUBLIC OF) 1.7% 15/08/2032 | 2.80 |
| GERMANY (FEDERAL REPUBLIC OF) 2.5% 11/10/2029 | 2.56 |
| TREASURY BOND 3% 15/11/2044 | 2.54 |
| GERMANY (GOVERNMENT OF) 0.1% 15/04/2026 | 2.53 |
| AUSTRALIA (COMMONWEALTH OF) 1.75% 21/06/2051 | 2.32 |
| Total | 31.98 |
Fund Aims
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 IA Global Mixed Bond Sector over any five-year period.
Fund Manager
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 and Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.
Eva Sun-Wai became the lead manager on the Global Government Bond strategy and deputy manager on the Global Macro Bond strategy in January 2021. Since September 2019, Eva had been a junior macro fund manager in the Wholesale Fixed Income team, where her role involved implementing macroeconomic trade ideas in the Global Macro Bond and the Absolute Return Bond strategies. She joined M&G in 2018 on the Investment Graduate Scheme, rotating across several business areas including emerging market debt, corporate credit research, real estate and long-term investment strategy. Before joining M&G, she worked on passive products and ETF strategies as a summer intern at State Street Global Advisors. Eva has a BSc (Hons) Economics degree from the University of Birmingham, has obtained the IMC and Financial Services Level 6 qualifications and is a Level 2 candidate in the CFA Program.
Fund Overview
| Mid (02/04/2025) | 101.51p |
| Distribution yield | 3.86% |
| Underlying yield | 3.86% |
| Fund size (28/02/2025) | £792.06m |
| Number of holdings | 246 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.54% |
| Launch date | 15/10/1999 |
Asset Allocation
| International Bonds | 78.40% | |
| Cash and Equivalents | 26.98% | |
| UK Gilts | 3.34% | |
| UK Corporate Bonds | 3.34% | |
| Alternative Trading Strategies | -19.04% | |
| Other Assets | 6.98% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
