Fact sheet: M&G Off Strt Corp Bd

Fund information

Fund name
M&G Offshore Strategic Corporate Bond I
Fund company manager
M&G Guernsey
Fund type
SIB
Fund manager(s)
Richard Woolnough
since 10/07/2009
Fund objective
The fund aims to maximise total return (the combination of income and growth of capital).
Benchmark
No Specified Index
Investment style
None
Investment method
Feeder fund,Fixed Interest

Quick stats

1 Year return

5.98 %

1 Year rank in sector

3/13

Sector

FO Fixed Int - GBP Corporate Bond

Yield

3.57

Fund size

£ 49.6 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    44.13%
  • USA
    26.38%
  • France
    8.34%
  • Money Market
    5.56%
  • Italy
    3.7%
  • Banks
    18.32%
  • Asset/Mortgage-Backed Securities
    17.57%
  • Telecommunications
    14.99%
  • Insurance
    7.21%
  • Utilities
    6.32%
  • UK Fixed Interest
    44.13%
  • US Fixed Interest
    26.38%
  • French Fixed Interest
    8.34%
  • Money Market
    5.56%
  • Italian Fixed Interest
    3.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.25 %2.61 %5.98 %12.75 %23.85 %
Sector-0.17 %1.96 %5.3 %11.7 %29.02 %
Rank within sector1 / 144 / 133 / 133 / 8 /
Quartile th1 st2 nd1 st2 nd th

Calendar performance

YTD-20182017201620152014
Fund0.15 %6.01 %7.19 %0 %0 %
Sector-0.2 %4.64 %10.14 %-0.51 %12.26 %
Rank within sector1 / 143 / 137 / 11 / /
Quartile th1 st1 st3 rd th th

Risk statistics

Alpha1.54
Beta0.63
Sharpe0.24
Volatility4.37
Tracking error2.81
Information ratio-0.04
R-Squared0.88

Price movement

52 week high110.1203
52 week low106.3745
Current bid price0
Current offer price0
Current mid price109.5455

Holdings by region

  • 44.13% UK
  • 26.38% USA
  • 8.34% France
  • 5.56% Money Market
  • 3.7% Italy
  • 3.16% Germany
  • 2.11% Spain
  • 1.59% Netherlands
  • 1.21% Belgium
  • 1.13% Switzerland

Holdings by sector

  • 18.32% Banks
  • 17.57% Asset/Mortgage-Backed Securities
  • 14.99% Telecommunications
  • 7.21% Insurance
  • 6.32% Utilities
  • 5.73% Money Market
  • 4.6% Technology
  • 4.32% Non-Cyclical Consumer Goods
  • 3.9% Government Agency Bonds
  • 3.26% Real Estate

Holdings by asset type

  • 44.13% UK Fixed Interest
  • 26.38% US Fixed Interest
  • 8.34% French Fixed Interest
  • 5.56% Money Market
  • 3.7% Italian Fixed Interest
  • 3.16% German Fixed Interest
  • 2.11% Spanish Fixed Interest
  • 1.59% Dutch Fixed Interest
  • 1.21% Belgian Fixed Interest
  • 1.13% Swiss Fixed Interest

Individual holdings

  • 1.62% WELLS FARGO BANK NA 5.25% SUBORD NTS 01/08/23 GBP50000
  • 1.16% LLOYDS BANK PLC 5.125% NTS 07/03/25 GBP100000
  • 1.14% ITALY(REPUBLIC OF) 6% EUR MED TRM NOTES 4/8/2028 GBP1000
  • 1.05% HEATHROW FUNDING LTD 6.75% BDS 03/12/28 GBP50000
  • 0.96% MEXICO(UNITED MEXICAN STATES) 5.625% MTN 19/03/14 GBP100000
  • 0.92% VERIZON COMMUNICATIONS INC 5.012% BDS 21/08/54 USD2000
  • 0.89% VODAFONE GROUP 3% NTS 12/08/56 GBP100000
  • 0.84% TIME WARNER CABLE INC 5.25% BDS 15/07/42 GBP100000
  • 0.81% LEGAL & GENERAL GROUP FXD RT RESET SUB NTS 27/06/64 GBP100000
  • 0.8% AXA 5.625% BDS 16/01/54 GBP1000