Fact sheet: M&G Charibond

Fund information
Fund name
M&G Charibond Gr Inc GBP
Fund manager company
M&G UK
Fund type
Unit Trust
Fund managers
  • Richard Ryansince 31/03/2001
  • Jamie Hamiltonsince 30/05/2002
Fund objective
Charibond is designed to provide an investment for the fixed income portion of UK charities’ portfolios. It is an actively managed fund, investing in deposits, UK government bonds (gilts) and other sterling-denominated fixed income securities. The fund seeks to produce a high level of income, which may vary over time, while preserving capital values.
Benchmark
  • FTSE Govt UK Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.9%
1 Year rank in sector
46/77
Sector
UT Sterling Strategic Bond
Yield
3.6%
Fund size
£172m (£176m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
39
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc19.6%
Legg Mason IFBrwiGlInOp13.5%
Fidelity UK Inv Grd Lg Cr13.1%
AXA Framlington Mgd Inc13.1%
Fidelity I Stg Cr + Bd12.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK75.7%
    USA6.9%
    France4.3%
    Mexico1.8%
    Germany1.8%
  • Government Bonds50.4%
    Utilities10.5%
    Real Estate6.7%
    Asset/Mortgage-Backed Securities6.1%
    Telecommunications4.8%
  • UK Fixed Interest75.7%
    US Fixed Interest6.9%
    French Fixed Interest4.3%
    Mexican Fixed Interest1.8%
    German Fixed Interest1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-1.4%-1.3%6.9%18.3%26.2%
Sector1.3%-0%1.1%7.4%13.1%30.9%
Rank within sector78 / 8373 / 8267 / 8246 / 7715 / 7248 / 61
Quartile4th4th4th3rd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund-1%9.5%-0.3%10.8%-1.8%
Sector0.2%7.3%-0.3%6.8%2.6%
Rank within sector78 / 8317 / 7750 / 7415 / 7254 / 64
Quartile4th1st3rd1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
4.31
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.36
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.54
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.64
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.47
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.02
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.14
Price movement
52 week high136.17
52 week low122.36
Current bid price-
Current offer price-
Current mid price127.65
Region
1UK75.69%
2USA6.87%
3France4.31%
4Mexico1.8%
5Germany1.77%
6New Zealand1.48%
7Australia1.28%
8Austria1.26%
9Money Market1.22%
Industry sector
1Government Bonds50.38%
2Utilities10.47%
3Real Estate6.68%
4Asset/Mortgage-Backed Securities6.11%
5Telecommunications4.81%
6Financial Services3.33%
7Financials2.58%
8Non-Cyclical Consumer Goods2.28%
9Money Market2.13%
Asset type
1UK Fixed Interest75.69%
2US Fixed Interest6.87%
3French Fixed Interest4.31%
4Mexican Fixed Interest1.8%
5German Fixed Interest1.77%
6New Zealand Fixed Interest1.48%
7Australian Fixed Interest1.28%
8Austrian Fixed Interest1.26%
9Money Market1.22%
Individual holdings
1TREASURY 6% GILT 202819.15%
2TREASURY 8% GILT 202111.22%
3TREASURY 1% GILT 07/09/17 GBP0.0110.06%
4TREASURY 3.75% GILT 22/07/52 GBP0.015.76%
5TREASURY 3.75% GILT 07/09/19 GBP0.012.82%
6SEGRO PLC 7% NOTES 14/3/2022 GBP(VAR)1.48%
7FONTERRA COOPERATIVE GROUP 9.375% BDS 04/12/23 GBP500001.34%
8OESTERREICHISCHE KONTROLLBANK AG 5.75% NOTES 7/12/2028 GBP(VAR)1.3%
9ORBIT CAPITAL PLC 3.5% SECD BDS 24/03/45 GBP1000001.21%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
Unit Trust
Fund objective
Charibond is designed to provide an investment for the fixed income portion of UK charities’ portfolios. It is an actively managed fund, investing in deposits, UK government bonds (gilts) and other sterling-denominated fixed income securities. The fund seeks to produce a high level of income, which may vary over time, while preserving capital values.
Benchmark
  • FTSE Govt UK Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Richard Ryan31/03/2001Richard Ryan joined M&G in 2001 as a fund manager in the fixed income team, managing a range of institutional corporate bond funds. He has responsibility for a number of M&G's sterling credit portfolios as well as its globally focused total return credit portfolios. Prior to joining M&G, Richard worked for Nomura Asset Management as an institutional fund manager with specific responsibility for global government and corporate bond portfolios. Before this, he worked for Dresdner Kleinwort Benson in the Credit Products Group trading sterling-denominated corporate bonds. Richard graduated from Southampton University with a degree in economics.
Jamie Hamilton30/05/2002Jamie Hamilton joined M&G in 2001 as a fund manager in the fixed income team managing a range of institutional corporate bond funds. Prior to joining M&G, Jamie worked for Dresdner RCM Global Investors as a fixed income fund manager, managing corporate bond funds. Jamie graduated from Newcastle University with a degree in economics and is a chartered financial analyst (CFA) charterholder.
Compliance
IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
M&G Charibond Gr Inc GBP
Initial charge-
Annual charge0.3%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.36%
Bid price-
Offer price-
Mid price127.65
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG58
M&G Charibond GrAcc GBP
Initial charge-
Annual charge0.3%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.36%
Bid price-
Offer price-
Mid price3917.83
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG59
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.