M&G Strategic Corporate Bond Class X Accumulation 
HL comment
Our view on this Fund
Richard Woolnough believes economic growth is likely to remain anaemic, but that interest rates will remain low for some time, which should be supportive of corporate bonds. He has also been increasing exposure to government bonds in Germany, the UK and Norway, which should offer some insulation from further euro zone volatility. The fund has minimal exposure to peripheral euro zone sovereign debt, which has been beneficial.
14-11-2011
Information from the fund manager
Simplified prospectus/Key Investor Information
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Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
HL group comment: M&G
Our view on this Fund Management Group as a whole
The group has gone through some dramatic changes both internally, with shake ups in their fund range, and externally as a result of having been bought by the Prudential. Changes over the last few years to both the team and the investment philosophy has led to an improvement in performance across a range of funds. One sector in which they have been successful is in corporate bonds, where assets under management have grown enormously, and has provided a core element of their unit trust business. Their equity business is now equally competitive in the market place with performance speaking for itself across a range of funds including their UK and global products.
06-05-2009
HL sector comment: GBP Corporate Bond
Our view on this sector
At the time of writing, gilt prices remain at record highs with yields at record lows of around 2.1% on ten-year gilts. Recent turmoil has adversely affected some sectors of the bond market, notably financials and high yield bonds. In the opinion of many, financials remain a difficult call as both politics and economics are heavily involved. There are three different sectors in the UK bond space - investment grade, high yield and strategic; each offering differing prospects and characteristics. Make sure the bond funds you hold suit your objectives.
13-12-2011