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M&G Corporate Bond Class I - Income (GBP)

Sell:39.24p Buy:39.24p Change: 0.28p (0.72%)
Prices as at 11 February 2016
Sell:39.24p
Buy:39.24p
Change: 0.28p (0.72%)
You can buy or sell holdings in this fund through an ISA, SIPP or Fund & Share Account
Prices as at 11 February 2016
Sell:39.24p
Buy:39.24p
Change: 0.28p (0.72%)
Prices as at 11 February 2016
You can buy or sell holdings in this fund through an ISA, SIPP or Fund & Share Account
* Please note that there can be occasions when the Selling price shown may be temporarily higher than the Buying price. This can sometimes happen when the stock market is closed but it can also happen at other times for a variety of reasons. However, when the stock market is open and you place a trade, the selling price available to you will never be higher than the buying price. Live prices will be available when you place a deal with us during market hours. Please check these and contact us if you are unable to deal online.
Also available as accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.66%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.66%
There are other unit types of this fund available:
Inclusive - Class X - Income (GBP) (Net ongoing charge 0.66%)
Inclusive - Class X - Accumulation(GBP) (Net ongoing charge 0.66%)
Class I - Accumulation (GBP) (Net ongoing charge 0.66%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Richard Woolnough
Fund launch date: 15 April 1994
Sector: GBP Corporate Bond
Fund size: £4,355 million
Number of holdings: 675
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

11/02/11 to 11/02/12 11/02/12 to 11/02/13 11/02/13 to 11/02/14 11/02/14 to 11/02/15 11/02/15 to 11/02/16
Annual return 11.88% 8.30% 4.08% 10.67% -1.06%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

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Our view on this fund

The Wealth 150 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 150 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 150 funds are superior alternatives. View funds on the Wealth 150 »

Fund Objective

The Fund aims to achieve a higher total return (the combination of income and growth of capital) from investment than would be obtainable in UK government fixed interest securities (ie gilts) of similar maturities.

Income Details

Distribution yield : 3.59%
Underlying yield : 3.59%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 3 January 2016 2 April 2016 2 July 2016 1 October 2016
Payment date: 28 February 20164 31 May 20164 31 August 20164 30 November 20164

All yields are variable and not guaranteed. Information correct as at 31 December 2015.

Security Weight
Northern Trust The Sterling Fund Class E 3.46%
4¼% Treasury Stock 2032 2.88%
LLOYDS BANK PLC 1.52%
WELLS FARGO BANK NA 1.06%
IMPERIAL TOBACCO FINANCE 1.03%
AT+T INC 1.01%
JPMORGAN CHASE + CO 0.85%
1¾% Treasury Gilt 2022 0.81%
4¾% Treasury Stock 2038 0.79%
HEATHROW FUNDING LTD 0.76%
Sector Weight
Bonds 95.82%
Non-Classified 3.41%
Cash and Equiv. 0.77%
Country Weight
United Kingdom 56.72%
United States 15.73%
France 7.18%
Cash and Equiv. 4.23%
Netherlands 3.34%
Luxembourg 2.80%
Non-Classified 2.42%
Spain 1.80%
Italy 1.36%
Germany 1.36%
You can buy or sell holdings in this fund through an ISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Prices as at 11 February 2016. Data as at 31 December 2015.