M&G Global Convertibles Class PP GBP Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

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 21.2% -1.4% -3.0% 6.2% 4.8%

Annualised performance

Annualised
3 Years to
31/03/25		 5 Years to
31/03/25		 10 Years to
31/03/25
Fund 2.6% 5.2% 4.3%

Top 10 Holdings

Stock % Weight
UBER TECHNOLOGIES INC 0.875% 01/12/2028 3.94
SEAGATE HDD CAYMAN 3.5% 01/06/2028 3.94
ALIBABA GROUP HOLDING LTD 0.5% 01/06/2031 3.58
BARCLAYS BANK PLC 1% 16/02/2029 3.12
LANTHEUS HOLDINGS INC 2.625% 15/12/2027 3.11
Northern Trust The U.S. Dollar Fund Class D 3.02
JPMORGAN CHASE FINANCIAL COMPANY L 0% 29/04/2025 2.64
ITRON INC 1.375% 15/07/2030 2.41
JD.COM INC 0.25% 01/06/2029 2.39
BOX INC 1.5% 15/09/2029 2.37
Total 30.53

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 Thomson Reuters Global Focus Convertible Bond Index over any five-year period.

Fund Manager

Léonard Vinville manager for 17 years and 8 months

Photo of Léonard Vinville Léonard Vinville joined M&G in 2002, and since then has been managing the convertibles allocation of the Prudential With Profit Life Fund. He has also been responsible for managing the M&G Global Convertibles Fund since its launch in July 2007. Both funds are run with the same investment approach and with an emphasis on generating strong risk-adjusted returns. Prior to joining M&G, Léonard was head of European convertibles at AGF Asset Management in Paris, where he managed convertibles and French equity mandates. He has an MBA and is qualified as a chartered accountant.

Fund Overview

Mid (04/04/2025) 124.38p
Distribution yield 2.86%
Underlying yield 2.86%
Fund size (28/02/2025) £276.81m
Number of holdings 82
Entry Charge 0.00%
Ongoing Charges 0.70%
Launch date 13/07/2007

Asset Allocation

pie chart
  International Bonds 77.03%
  UK Corporate Bonds 4.72%
  International Equities 3.29%
  Cash and Equivalents -3.74%
  Other Assets 18.70%
Portfolio data accurate as at: 28/02/25

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.