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M&G Corporate Bond

Ranked 44 out of 107 in - Sterling Corporate Bond over 12 months
All calculations are in GBP

Managed by

Richard Woolnough

Richard Woolnough has more than twenty years of experience in fixed interest investment. Born in Chesterfield in 1964, Woolnough graduated from the London School of Economics and started his fixed interest career with Italian group Assicurzioni Generali in 1987. He then joined SBC Warburg as a sterling instruments trader before moving to Old Mutual in 1995 where he was responsible for the Old Mutual Corporate Bond fund and Old Mutual UK Fixed Interest long-term bond fund. Woolnough made the switch to M&G Investments early in 2004 to take charge of the firm’s Corporate Bond fund. He currently manages this and the Strategic Corporate Bond fund which was launched in February 2004. Both the Corporate Bond fund and the Strategic Corporate Bond fund invest mostly in investment grade corporate bonds, although the Strategic Corporate Bond fund holds far fewer stocks, and takes larger duration and credit positions. Woolnough also manages the M&G Optimal Income fund, which can invest wherever the manager sees best value in the fixed income universe.

Objective

The Fund invests mainly in sterling denominated corporate debt instruments. The Fund's exposure to corporate debt may be gained through the use of derivatives. Any currency exposures within the Fund may be managed by currency hedges into sterling. The Fund may also invest in other assets including collective investment schemes, other transferable securities and other debt instruments (including corporate debt and government and public securities denominated in any currency), cash and near cash, deposits, warrants, money market instruments and other derivative instruments.

Performance

Sterling Corporate Bond over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 8.2% 3.5% 1.5% 2.0% 1.0%
2013 0.6% 0.7% -2.2% 2.0% 0.0%
2012 12.1% 2.8% 1.7% 4.1% 3.0%
2011 9.9% 1.2% 2.6% 2.3% 3.4%
2010 8.0% 3.9% 1.9% 5.3% -3.2%
2009 19.4% 1.5% 7.0% 8.8% 1.0%
2008 -0.4% -1.9% -1.6% 1.5% 1.6%
2007 2.9% -0.3% -2.2% 1.7% 3.7%
2006 1.0% -0.7% -0.9% 2.8% -0.2%
2005 8.4% 0.2% 4.8% 0.8% 2.4%
2004 6.8% 0.7% -1.7% 4.1% 3.6%
2003 6.3% 1.0% 3.9% 0.0% 1.3%
2002 6.0% 0.5% 1.2% 3.3% 0.9%
2001 5.4% 1.5% -0.5% 3.2% 1.1%
2000 8.3% 1.9% -0.4% 3.0% 3.6%
1999 -0.3% 1.5% -2.1% -1.9% 2.2%
1998 15.3% 4.0% 2.6% 3.0% 4.9%
1997 18.3% 1.9% 6.5% 6.0% 2.8%
1996 9.5% -3.7% 4.1% 4.4% 4.6%
1995 6.7% -0.1% 6.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. France
  3. Germany
  4. Luxembourg
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date15/04/1994
  • Share Class size5,214Mn
  • Base currencyGBP
  • ISIN GB0031285678

Purchase Info

  • Min. initial investment50,000
  • Min. additional investment1,000

Charges

  • Annual management1.0%
  • Initial investment3

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).