M&G Strategic Corporate Bond Class I - Income (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Richard Woolnough is a seasoned bond investor with a good track record. We like his pragmatic approach and willingness to be as flexible as possible. He typically errs on the side of caution and this more defensive approach has seen the fund perform well versus other corporate bond funds in tougher times, but look more pedestrian in stronger periods. This isn't a guide to how the fund will perform in future though.
It's a decent corporate bond fund that we think has good long-term prospects. But there are other funds in this sector with managers we rate at least as highly, and with lower ongoing charges.