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M&G European Corporate Bond GBP A Inc

Ranked 4 out of 17 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

At least 70% of the Fund is invested 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. Derivatives may also be used for efficient portfolio management. The Fund may also invest in collective investment schemes, other transferable securities, cash, near cash, other money market instruments, warrants and other derivative instruments which may be denominated in any major global currency. More than 70% of the Fund will be in euro or hedged back to euro.

Showing fund performance in United Kingdom View performance globally

Performance

Euro Corporates over : 31/12/2016 - 31/12/2017
  • Rank 4/17 Total Return
  • Rank 12/17 Standard Deviation
  • Rank 12/17 Max Drawdown
Fund Name Currency Risk
10 Edmond de Rothschild Financial Bonds LH

Currency exposure is hedged

Currency exposure is hedged

GBP

2.5

11 Fidelity Funds - Euro Corporate Bond Y-QDIST-GBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6

12 M&G European Corporate Bond GBP A Inc GBP

7.0

13 Morgan Stanley Euro Corporate Bond AX GBP GBP

7.2

14 Capital Group Euro Corporate Bond (LUX) B GBP GBP

7.4

Fund Name Currency Loss
10 BGF Euro Corporate Bond A2 GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.7%

11 Fidelity Funds - Euro Corporate Bond Y-QDIST-GBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.1%

12 M&G European Corporate Bond GBP A Inc GBP

-3.7%

13 Morgan Stanley Euro Corporate Bond AX GBP GBP

-4.2%

14 Royal London Euro Corp Bond M Inc GBP

-4.3%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 6.8% 0.5% 3.6% 1.4% 1.2%
2016 21.8% 8.9% 6.6% 6.6% -1.5%
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. Germany
  2. Singapore
  3. Switzerland
  4. United Kingdom

Fund Info

  • Launch date13/01/2003
  • Share Class size1,752Mn
  • Base currencyGBP
  • ISIN GB0032178419

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.00%
  • Initial investment3

Related News

M&G names Richard Hughes’ replacement

Michael Stiasny will become manager of M&G UK Income Distribution fund on in April 2018 after Richard Hughes retires.

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