Fact sheet: M&G PP Total Return Credit Pn

Fund information
Fund name
M&G PP Total Return Credit Pn
Fund manager company
M&G
Fund type
Pension Fund
Fund manager
  • Richard Ryansince 14/06/2015
No data available.
Fund objective
No data available.
Benchmark
  • LIBOR GBP 1 Month
Investment style
Active,High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.8%
1 Year rank in sector
347/514
Sector
PN Specialist
Yield
-
Fund size
£78m (£78m 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.
23
Bid price
10.54
Offer price
10.55
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus91.2%
ReAssure AL NptRu&GtrRus Pn90.1%
L&G Nep Russia&Gtr Russia Pn88.4%
OMW InvescoPerpetualEmgEurpn76.4%
Scot Eq JPM Emg Eur Eq Pn69.2%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • International77.3%
    Money Market22.7%
  • Industrials28.8%
    Mortgage & Secured Bonds23.5%
    Money Market22.7%
    Financials17.8%
    Utilities3.1%
  • Global High Yield Fixed Interest77.3%
    Money Market22.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%1.2%3.3%7.8%--
Sector2.6%1.8%5.9%16.2%22.2%45%
Rank within sector466 / 546263 / 542312 / 539347 / 514--
Quartile4th2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.2%6.3%---
Sector1.3%11.6%2%7.2%11%
Rank within sector404 / 546326 / 510---
Quartile3rd3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.55
52 week low9.49
Current bid price10.54
Current offer price10.55
Current mid price-
Region
1International77.3%
2Money Market22.7%
Industry sector
1Industrials28.8%
2Mortgage & Secured Bonds23.5%
3Money Market22.7%
4Financials17.8%
5Utilities3.1%
6Government Agency Bonds2.6%
7Government Bonds1.5%
Asset type
1Global High Yield Fixed Interest77.3%
2Money Market22.7%
Individual holdings
No data available.
Management
Fund manager group
M&G
Fund manager company
M&G
Fund type
Pension Fund
Fund objective
No data available.
Benchmark
  • LIBOR GBP 1 Month
Investment style
Active,High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Richard Ryan14/06/2015Richard 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
M&G PP Total Return Credit Pn
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price10.54
Offer price10.55
Mid price-
CurrencyGBP
Price updated06/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMBUP
Data provided by

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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.