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M&G Strategic Corporate Bond

Ranked 50 out of 108 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 aims to maximise total return (the combination of income and growth of capital). The Fund invests mainly in investment grade bonds. The Fund may invest in derivatives in pursuit of the fund objective and for the purposes of efficient portfolio management. The Fund may also invest in other assets including collective investment schemes, other transferable securities and other debt instruments (including corporate, high yield and government debt, convertible and preference stocks), cash, and near cash, deposits, warrants and money market instruments.

Performance

Sterling Corporate Bond over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 6.6% 2.8% 2.2% 1.5%
2013 1.5% 0.4% -1.4% 1.9% 0.6%
2012 12.1% 3.4% 1.2% 4.9% 2.2%
2011 8.8% 1.5% 1.8% 1.7% 3.6%
2010 9.2% 4.2% 1.5% 5.6% -2.2%
2009 23.5% 3.1% 7.6% 9.7% 1.5%
2008 4.1% -1.1% -1.0% 2.1% 4.2%
2007 3.7% -0.2% -1.6% 2.1% 3.4%
2006 0.6% -0.7% -1.0% 2.4% -0.1%
2005 7.8% -0.3% 4.9% 0.8% 2.2%
2004 6.0% 0.0% -1.9% 4.2% 3.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Switzerland
  2. United Kingdom

Fund Info

  • Launch date20/02/2004
  • Share Class size4,933Mn
  • Base currencyGBP
  • ISIN GB0033828020

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment100

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).