Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

M&G European Corporate Bond Steling A Inc

Ranked 4 out of 15 in - Euro Corporates over 12 months
All calculations are in GBP unless stated

Managed by

Stefan Isaacs

Stefan Isaacs graduated from Manchester Metropolitan University, and joined M&G in 2001. He joined the fund management team in 2006 as an assistant fund manager, and in 2007 he was promoted to fund manager. He is currently the lead manager on the M&G European Corporate Bond and M&G European High Yield Corporate Bond funds.

Objective

The Fund aims to maximise total return (the combination of income and growth of capital) while generating a higher level of income than that from European government bonds of similar maturities. The Fund invests mainly in investment grade corporate bonds denominated in any European currency. The Fund may also invest in high yield corporate bonds, government and public securities denominated in any European currency. The Funds exposure to bonds, government and other public securities may be gained through the use of derivatives.

Showing fund performance in United Kingdom View performance globally

Performance

Euro Corporates over : 30/06/2015 - 30/06/2016
  • Rank 4/15 Total Return
  • Rank 10/15 Standard Deviation
  • Rank 6/15 Max Drawdown
Fund Name Currency Risk
8 Edmond de Rothschild Signatures Financial Bonds LH

Currency exposure is hedged

Currency exposure is hedged

GBP

6.3

9 OYSTER European Corporate Bonds R GBP D HP

Currency exposure is hedged

Currency exposure is hedged

GBP

6.6

10 M&G European Corporate Bond Steling A Inc GBP

10.0

11 Morgan Stanley Euro Corporate Bond AX GBP GBP

10.8

12 Royal London Euro Corp Bond Z GBP

11.0

Fund Name Currency Loss
4 BlueBay Investment Grade Bond D GBP (QIDiv)

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

5 Henderson HF Euro Corporate Bond A1 Hdg GBP D

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

6 M&G European Corporate Bond Steling A Inc GBP

-2.2%

7 JAR Capital Sustainable Income UI - A GBP GBP

-2.4%

8 Royal London Euro Corp Bond Z GBP

-2.8%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 8.9% 6.6%
2015 -7.0% -4.9% -5.8% 2.8% 1.0%
2014 0.2% 1.7% -0.9% -1.8% 1.3%
2013 6.0% 5.2% 0.2% -0.5% 1.2%
2012 10.2% 4.6% -2.9% 3.8% 4.6%
2011 -1.3% 3.1% 3.5% -5.9% -1.6%
2010 2.2% 3.4% -7.9% 8.4% -1.0%
2009 10.2% -3.5% 0.1% 14.4% -0.3%
2008 24.5% 8.0% -1.1% -2.4% 19.5%
2007 8.0% 1.4% -2.1% 3.2% 5.3%
2006 -2.5% -0.3% -1.4% 0.1% -0.9%
2005 0.5% -1.9% 0.6% 1.8% 0.1%
2004 6.2% -3.2% -0.5% 4.7% 5.2%
2003 2.8% 1.2% 1.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Belgium
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date13/01/2003
  • Share Class size2,154Mn
  • Base currencyGBP
  • ISIN GB0032178419

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.00%
  • Initial investment3

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