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

Sell:41.79p Buy:41.79p Change: 0.25p (0.60%)
Prices as at 11 December 2017
Sell:41.79p
Buy:41.79p
Change: 0.25p (0.60%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 11 December 2017
Sell:41.79p
Buy:41.79p
Change: 0.25p (0.60%)
Prices as at 11 December 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
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: £3,923 million
Number of holdings: 538
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

11/12/12 to 11/12/13 11/12/13 to 11/12/14 11/12/14 to 11/12/15 11/12/15 to 11/12/16 11/12/16 to 11/12/17
Annual return 2.25% 9.71% 1.24% 6.09% 6.58%

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.

View fund chart

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 provide income and capital growth.

Income Details

Distribution yield : 2.98%
Underlying yield : 2.98%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 3 January 2018 2 April 2018 2 July 2018 1 October 2018
Payment date: 28 February 20184 31 May 20184 31 August 20184 30 November 20184

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 October 2017.

Security Weight
Lloyds Bank PLC 5.125% 07/03/2025 1.63%
AT&T Inc 4.875% 01/06/2044 1.23%
Wells Fargo Bank NA 5.25% 01/08/2023 1.22%
3¼% Treasury Gilt 2044 0.98%
Bank of America Corp 2.3% 25/07/2025 0.90%
Republic of Italy Government Internation 6% 04/08/2028 0.90%
Heathrow Funding Ltd 6.75% 03/12/2026 0.85%
European Investment Bank 5.5% 15/04/2025 0.84%
Wells Fargo & Co 2% 28/07/2025 0.84%
Tesco Property Finance 3 PLC 5.744% 15/01/2033 0.84%
Sector Weight
Bonds 99.15%
Cash and Equiv. 5.24%
Non-Classified -4.39%
Country Weight
United Kingdom 52.41%
United States 23.12%
France 7.25%
Cash and Equiv. 5.24%
Netherlands 3.99%
Luxembourg 2.23%
Italy 1.81%
Spain 1.74%
Belgium 1.65%
Germany 1.32%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 11 December 2017. Data provided by Funds Library, correct as at 31 October 2017.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

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.