M&G Global Macro Bond Class I - Income (GBP)
Our view on this Fund
This fund features on our Wealth 50 list of what we believe are the best funds in each sector.
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 is willing to use the full flexibility afforded to him, invest with conviction, and proactively adjust the portfolio in response to changing economic conditions. He is one of the few fund managers to do this successfully on a global basis and we believe he has the experience and resources to do an excellent job for long-term investors.
The fund could provide diversification to a UK-focused fixed-interest portfolio and offers exposure to currencies other than sterling. Jim Leaviss aims to deliver the best total return (combination of capital growth and income) over the long term. His focus is not to generate a high yield so the fund might not be suitable for investors who require income from their bond investments.