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M&G Global Macro Bond Class I - Accumulation (GBP)

Sell:141.90p Buy:141.90p Change: 0.24p (0.17%)
Prices as at 17 November 2017
Sell:141.90p
Buy:141.90p
Change: 0.24p (0.17%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 17 November 2017
Sell:141.90p
Buy:141.90p
Change: 0.24p (0.17%)
Prices as at 17 November 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 income 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): 0.81%
Ongoing saving from HL: 0.25% i
Net ongoing charge: 0.56%
There are other unit types of this fund available:
Inclusive - Class X - Income (GBP) (Net ongoing charge 0.81%)
Inclusive - Class X - Accumulation (GBP) (Net ongoing charge 0.81%)
Class I - Income (GBP) (Net ongoing charge 0.56%)

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:
Jim Leaviss
Fund launch date: 15 October 1999
Sector: Global Bonds
Fund size: $1,979 million
Number of holdings: 198
Fund type: OEIC
Accumulation/income: Accumulation
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

17/11/12 to 17/11/13 17/11/13 to 17/11/14 17/11/14 to 17/11/15 17/11/15 to 17/11/16 17/11/16 to 17/11/17
Annual return 2.36% 4.42% -1.25% 25.74% -1.09%

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

This fund is run by an experienced, talented, manager with great flexibility to invest across global bond markets. A significant proportion of the fund can be invested overseas and the fund can be heavily exposed to foreign currencies, particularly the US dollar.

Unlike many global bond fund managers Jim Leaviss...

Read more HL research on this fund

Fund Objective

The Fund's objective is to maximise long term total return (the combination of income and growth of capital).

Income Details

Distribution yield : 1.28%
Underlying yield : 1.28%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 November 2017 1 February 2018 1 May 2018 1 August 2018
Payment date: 31 December 20174 31 March 20184 30 June 20184 30 September 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 30 September 2017.

Security Weight
United States Treasury Floating Rate Not 1.192794292% 31/01/2019 15.22%
Bundesrepublik Deutschland 0.5% 15/02/2025 7.54%
United States Treasury Floating Rate Not 1.242794292% 30/04/2018 7.10%
United States Treasury Inflation Indexed 0.625% 15/01/2024 6.78%
United States Treasury Note/Bond 0.75% 28/02/2018 6.56%
United States Treasury Inflation Indexed 0.125% 15/04/2021 4.61%
United States Treasury Note/Bond 1.25% 31/05/2019 4.12%
United States Treasury Inflation Indexed 0.125% 15/07/2024 3.35%
European Bank for Reconstruction & Devel 1.32639% 19/11/2020 2.02%
Denmark Government Bond 3% 15/11/2021 1.87%
Sector Weight
Bonds 117.41%
Cash and Equiv. 7.32%
Non-Classified -24.73%
Country Weight
United States 67.47%
United Kingdom 17.62%
Germany 7.86%
Cash and Equiv. 7.32%
France 2.28%
Netherlands 2.05%
Luxembourg 2.03%
South Africa 1.94%
Denmark 1.87%
Indonesia 1.69%

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 17 November 2017. Data provided by Funds Library, correct as at 30 September 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.