ANGLIAN WATER SERVICES FINANCING P 3.666% 30/07/2024
1.10
Total
64.25
Fund Aims
The Fund aims to protect the value of capital and income from inflation by providing a total return (the combination of capital growth and income), net of the Ongoing Charge Figure, that is consistent with or higher than UK inflation (as measured by the UK Consumer Prices Index), over any three-year period.
There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall, and investors may not recoup the original amount they invested.
Fund Manager
Ben Lordmanager
for
13 years
and 10 months
Ben Lord joined M&G in 2007 and was appointed fund manager of the M&G Global Corporate Bond Fund from launch in September 2013. He is also fund manager of the M&G UK Inflation Linked Corporate Bond Fund and deputy manager of the M&G European Inflation Linked Corporate Bond Fund, the M&G Strategic Corporate Bond Fund, the M&G Corporate Bond Fund and the M&G Short Dated Corporate Bond Fund. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.
Fund Overview
Mid (26/07/2024)
110.83p
Distribution yield
1.16%
Underlying yield
0.83%
Fund size (31/05/2024)
£641.14m
Number of holdings
233
Entry Charge
0.00%
Ongoing Charges
0.35%
Launch date
16/09/2010
Asset Allocation
Alternative Trading Strategies
89.95%
UK Gilts
51.57%
International Bonds
27.39%
UK Corporate Bonds
13.42%
Money Market
1.33%
Cash and Equivalents
-87.88%
Other Assets
4.21%
Portfolio data accurate as at: 31/05/24
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Portfolio data accurate as at:
Asset Allocation
Alternative Trading Strategies
89.95%
UK Gilts
51.57%
International Bonds
27.39%
UK Corporate Bonds
13.42%
Money Market
1.33%
Cash and Equivalents
-87.88%
Other Assets
4.21%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
92.38%
-
-
-
Alternative Trading Strategies
89.95%
-
-
-
Alternative Trading Strategies
-
89.95%
-
-
Alternative Trading Strategies
-
-
89.95%
-
Alternative Trading Strategies
-
-
-
89.95%
Non-Classified
4.21%
-
-
-
Cash and Equivalents
-86.55%
-
-
-
Regional Allocation
Non-Classified
97.79%
UK
64.99%
North America
11.99%
Developed Europe - Excl UK
11.64%
South & Central America
0.13%
Cash and Equivalents
-86.55%
Fixed Interest Currencies
Non-Fixed Interest Assets
95.50%
Pound Sterling
71.41%
US Dollar
14.68%
Euro
6.30%
Cash
-87.88%
Regional Breakdown
Expand allCollapse all
Region
Country
Non-Classified
97.79%
-
UK
64.99%
-
United Kingdom
-
64.99%
North America
11.99%
-
United States
-
11.99%
Developed Europe - Excl UK
11.64%
-
Spain
-
2.45%
Luxembourg
-
2.34%
France
-
1.92%
Switzerland
-
1.39%
Denmark
-
1.07%
Germany
-
1.02%
Sweden
-
0.62%
Norway
-
0.38%
Italy
-
0.15%
Ireland
-
0.14%
Iceland
-
0.14%
Netherlands
-
0.01%
South & Central America
0.13%
-
Mexico
-
0.13%
Cash and Equivalents
-86.55%
-
Fixed Interest Maturity Profile
< 5Yr Maturity
86.84%
5Yr - 10Yr Maturity
5.07%
> 15Yr Maturity
0.47%
Cash And Equivalents
-86.55%
Unknown Maturity
4.21%
Other Asset Types
89.95%
Fixed Interest Quality Profile
AAA
3.81%
AA
52.87%
A
18.68%
BBB
13.02%
Sub-Investment Grade
0.46%
Unknown Quality
3.53%
Cash and Equivalents
-86.55%
Other Asset Types
94.17%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
1¼% Index-linked Treasury Gilt 2027
21.24%
Bonds
United Kingdom
2
⅛% Index-linked Treasury Gilt 2026
20.10%
Bonds
United Kingdom
3
2½% Index-linked Treasury Stock 2024
10.01%
Bonds
United Kingdom
4
TESCO PLC 3.322% 05/11/2025
3.64%
Bonds
United Kingdom
5
TREASURY (CPI) NOTE 0.375% 15/01/2027
2.51%
Bonds
United States
6
DWR CYMRU (FINANCING) LTD 4.375% 31/03/2027
1.88%
Bonds
Non-Classified
7
JPMORGAN CHASE & CO 26/04/2028
1.33%
Bonds
United States
8
WELLS FARGO & COMPANY 26/04/2028
1.24%
Non-Classified
Non-Classified
9
IMPERIAL BRANDS FINANCE PLC 5.5% 28/09/2026
1.20%
Bonds
United Kingdom
10
ANGLIAN WATER SERVICES FINANCING P 3.666% 30/07/2024
1.10%
Bonds
Non-Classified
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Identification Codes
Sedol Code
BK7XXZ7
Mex Code
-
Isin Code
GB00BK7XXZ77
Citi Code
QGNW
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.35%
Aims and Benchmark
Aims
The Fund aims to protect the value of capital and income from inflation by providing a total return (the combination of capital growth and income), net of the Ongoing Charge Figure, that is consistent with or higher than UK inflation (as measured by the UK Consumer Prices Index), over any three-year period.
There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall, and investors may not recoup the original amount they invested.
Benchmark
UK Consumer Prices Index
Benchmark Category
Target
IA Sector
£ Strategic Bond
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Biannually
Distribution Type
Interest
Distribution Payment Basis
Net
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
IFDS
Fund Registrar
IFDS
Fund Custodian
State Street Bank and Trust Company
Group Details
Group name
M&G Investments
Group address
10 Fenchurch Avenue
London
EC3M 5AG
United Kingdom
Group telephone
0800 390 390
Dealing telephone
0800 328 3196
Email
info@mandg.co.uk
Homepage
www.mandg.co.uk
Fax number
-
Dealing
Minimum Investment
-
Minimum Top Up
-
Minimum Regular Saving
-
Settlement Period: Buy
-
Settlement Period: Sell
-
Pricing Basis
None
Dealing Decimals
-
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Important Information
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.