M&G Optimal Income Fund

Select share classes

M&G Optimal Income Fund Sterling I Acc

Category GBP Allocation 0-20% Equity


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

252.12p

arrow-down-0.21p (-0.08%)

Fund Code

MGOTA

B1H0571

GB00B1H05718

Prices updated as at 28 Mar 2024
|
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.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerRichard Woolnough
252.33
225.43
Fund comparative indexBloomberg Global Treasury TR Hdg GBP
£ Strategic Bond
-
0.63
0.29
0.00
GBP Allocation 0-20% Equity
No
Fund providerM&G Securities Ltd
Share class launch date08 Dec 2006
£1.43b
4.03
-
4.03
Semi-Annually
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) 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.