M&G Optimal Income Fund Sterling I Acc

Category GBP Allocation 0-20% Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

275.49p

arrow-down-0.43p (-0.16%)

Fund Code

MGOTA

B1H0571

GB00B1H05718

Prices updated as at 12 Dec 2025

Prices in GBX

Investment objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the average return of the composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged. At least 50% of the Fund is invested, directly or indirectly through derivatives, in debt securities, including investment grade bonds, below investment grade unrated securities and ABS. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency. At least 80% of the Fund is in Sterling or hedged back to Sterling.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

The M&G Optimal Income Fund is managed by Richard Woolnough and aims to deliver income and capital growth by investing in a broad range of fixed income securities, wherever the he sees the greatest opportunities.

Woolnough may also hold up to 20% of the portfolio in company shares when he believes they offer better value than bonds.

Woolnough buys assets which provide the ‘optimal’ income stream for investors. The flexible nature of the fund allows him to scour the entire fixed income space and beyond to find the best income streams.

Woolnough will buy government, investment grade and high yield bonds, and even some equities.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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