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

Sell:145.44p Buy:145.44p Change: 0.59p (0.40%)
Prices as at 27 March 2017
Change: 0.59p (0.40%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 27 March 2017
Change: 0.59p (0.40%)
Prices as at 27 March 2017
You can buy or sell holdings in this fund through an ISA, Lifetime 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 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): 0.80%
Ongoing saving from HL: 0.25% i
Net ongoing charge: 0.55%
There are other unit types of this fund available:
Inclusive - Class X - Income (GBP) (Net ongoing charge 0.80%)
Inclusive - Class X - Accumulation (GBP) (Net ongoing charge 0.80%)
Class I - Income (GBP) (Net ongoing charge 0.55%)

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
Jim Leaviss
Fund launch date: 15 October 1999
Sector: Global Bonds
Fund size: £1,525 million
Number of holdings: 202
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


24/03/12 to 24/03/13 24/03/13 to 24/03/14 24/03/14 to 24/03/15 24/03/15 to 24/03/16 24/03/16 to 24/03/17
Annual return 12.34% -5.64% 8.36% 5.47% 16.16%

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 aim is to maximise long-term total return (the combination of income and growth of capital).

Income Details

Distribution yield : 1.69%
Underlying yield : 1.69%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 February 2017 1 May 2017 1 August 2017 1 November 2017
Payment date: 31 March 20174 30 June 20174 30 September 20174 31 December 20174

All yields are variable and not guaranteed. Information correct as at 28 February 2017.

Security Weight
United States Treasury Floating Rate Not 0.705671304% 30/04/2018 10.56%
Bundesrepublik Deutschland 0.5% 15/02/2025 7.18%
United States Treasury Inflation Indexed 0.625% 15/01/2024 7.03%
United States Treasury Note/Bond 0.75% 28/02/2018 6.84%
United States Treasury Note/Bond 1.125% 28/02/2021 5.14%
United States Treasury Inflation Indexed 0.125% 15/04/2018 4.47%
United States Treasury Note/Bond 0.625% 30/09/2017 4.17%
Sweden Government Bond 2.25% 01/06/2032 3.21%
Brazil Notas do Tesouro Nacional Serie F 10% 01/01/2025 3.17%
Mexican Bonos 6.5% 10/06/2021 2.66%
Sector Weight
Bonds 106.77%
Cash and Equiv. 2.51%
Non-Classified -9.27%
Country Weight
United States 58.98%
United Kingdom 12.06%
Germany 7.45%
Mexico 3.51%
Sweden 3.21%
Brazil 3.17%
Cash and Equiv. 2.51%
Netherlands 2.07%
Denmark 1.76%
Indonesia 1.70%

Prices provided by Morningstar, correct as at 27 March 2017. Data provided by Funds Library, correct as at 28 February 2017.


You can buy or sell holdings in this fund through an ISA, Lifetime 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.