Fact sheet: M&G Index-Linked Bond

Fund information

Fund name
M&G Index-Linked Bond I Acc GBP
Fund company manager
M&G UK
Fund type
OIC
Fund manager
Michael Lack
since 31/05/2005
Fund objective
The fund aims to protect the value of capital and income from the effects of rising prices over rolling periods of five years or longer, with a total return (the combination of income and growth of capital) consistent with investment in index-linked fixed income securities. There is no guarantee that the fund will achieve its objective over this, or any other, period. The fund invests mainly in inflation-linked bonds issued by the UK government. Up to 20% of the portfolio may be invested in index-linked corporate bonds guaranteed by the government or foreign index-linked government bonds. Exposure to these assets is gained through physical holdings and the use of derivatives.
Benchmark
No Specified Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

23.61 %

1 Year rank in sector

12/17

Sector

UT UK Index Linked Gilts

Yield
-
Fund size

£ 412.9 m

FE Risk score

95

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    94.7613%
  • Money Market
    2.3761%
  • USA
    2.2568%
  • Japan
    0.6058%
  • Government Bonds
    95.463%
  • Money Market
    2.3761%
  • Automotive
    0.6058%
  • Asset/Mortgage-Backed Securities
    0.5917%
  • Government Agency Bonds
    0.4662%
  • UK Fixed Interest
    93.994%
  • Money Market
    3.041%
  • US Fixed Interest
    2.356%
  • Japanese Fixed Interest
    0.6091%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.89 %6.27 %22.82 %45.49 %52.04 %
Sector0.91 %6.3 %22.31 %43.66 %49.7 %
Rank within sector14 / 1817 / 1812 / 179 / 168 / 14
Quartile th4 th4 th3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.24 %24.92 %-0.65 %18.72 %0.22 %
Sector3.62 %23.9 %-1.17 %17.97 %-0.32 %
Rank within sector17 / 1811 / 173 / 1710 / 167 / 16
Quartile th4 th3 rd1 st3 rd2 nd

Risk statistics

Alpha0.25
Beta0.98
Sharpe0.83
Volatility11.64
Tracking error0.98
Information ratio-0.01
R-Squared0.99

Price movement

52 week high1604.11
52 week low1262.71
Current bid price0
Current offer price0
Current mid price1551.26

Holdings by region

  • 94.7613% UK
  • 2.3761% Money Market
  • 2.2568% USA
  • 0.6058% Japan

Holdings by sector

  • 95.463% Government Bonds
  • 2.3761% Money Market
  • 0.6058% Automotive
  • 0.5917% Asset/Mortgage-Backed Securities
  • 0.4662% Government Agency Bonds
  • 0.3396% Utilities
  • 0.1578% Cyclical Consumer Goods

Holdings by asset type

  • 93.994% UK Fixed Interest
  • 3.041% Money Market
  • 2.356% US Fixed Interest
  • 0.6091% Japanese Fixed Interest

Individual holdings

  • 15.93% TREASURY 0.125% IDX LKD GILT 22/11/65 GBP0.1
  • 11.61% TREASURY 0.125% IDX LKD GILT 22/11/36 GBP0.01
  • 9.52% TREASURY 2 1/2% IDX-LINKED GILT 2024
  • 8.17% TREASURY 1.25% IDX-LKD GILT 22/11/32 GBP0.01
  • 7.54% TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.01
  • 7.49% TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.01
  • 5.52% TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP
  • 5.06% TREASURY 1.875% IDX LKD GILT 22/11/22 GBP
  • 4.31% TREASURY 0.75% IDX LKD GILT 22/11/47 GBP
  • 4.26% TREASURY 2% IDX-LINKED GILT 2035