Fact sheet: M&G Global Target Return

Fund information

Fund name
M&G Global Target Return A Acc GBP
Fund company manager
M&G UK
Fund type
OEIC
Fund manager
Eric Lonergan
since 13/12/2016
Fund objective
The Fund aims to achieve a total return (the combination of income and capital growth) of at least 4%, per annum above the 3-month GBP LIBOR rate, before any charges are taken, in any market conditions and over any three year period. LIBOR is the rate at which banks borrow money from each other.The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above 3-month GBP LIBOR plus 4%. There is no guarantee that the Fund will achieve a positive return over three years, or any other, period, and investors may not get back the original amount they invested.
Benchmark
IA Targeted Absolute sector
Investment style
Flexible,Total Return,Absolute Return
Investment method
None

Performance snapshot

Quick stats

1 Year return

-

1 Year rank in sector

-

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 61.5 m

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    5.88%
  • Europe
    5.68%
  • Asia Pacific ex Japan
    2.9%
  • Japan
    -4.34%
  • UK
    -8.16%
  • Unknown
    187.56%
  • BBB
    4.46%
  • BB
    2.81%
  • B
    2.53%
  • AAA
    -3.03%
  • Global Fixed Interest
    10.69%
  • Global Investment Grade Fixed Interest
    9.16%
  • European Equities
    5.19%
  • Japanese Equities
    4.04%
  • Asia Pacific ex Japan Equities
    2.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1 %2.03 %0 %0 %0 %
Sector-0.28 %1.43 %2.57 %6.51 %16.45 %
Rank within sector7 / 7824 / 76 / / /
Quartile th1 st2 nd th th th

Calendar performance

YTD-20172016201520142013
Fund3.62 %0 %0 %0 %0 %
Sector2.33 %0.97 %2.2 %2.51 %6.51 %
Rank within sector20 / 76 / / / /
Quartile th2 nd th th th th

Price movement

52 week high103.31
52 week low99.23
Current bid price0
Current offer price0
Current mid price103.3

Holdings by region

  • 5.88% Others
  • 5.68% Europe
  • 2.9% Asia Pacific ex Japan
  • -4.34% Japan
  • -8.16% UK
  • -17.3% Not Specified
  • -51.32% USA

Holdings by sector

  • 187.56% Unknown
  • 4.46% BBB
  • 2.81% BB
  • 2.53% B
  • -3.03% AAA
  • -8.31% A
  • -86.03% AA

Holdings by asset type

  • 10.69% Global Fixed Interest
  • 9.16% Global Investment Grade Fixed Interest
  • 5.19% European Equities
  • 4.04% Japanese Equities
  • 2.9% Asia Pacific ex Japan Equities
  • 2.83% US Equities
  • 1.47% Property Shares
  • 1.08% Global High Yield Fixed Interest
  • 0.54% UK Equities
  • 0.5% European Fixed Interest

Individual holdings

-