M&G Corporate Bond Fund

Select share classes

M&G Corporate Bond Fund Sterling I Inc

A Select 50 Fund - Fidelity insight
Category GBP Corporate Bond
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

33.53p

arrow-up0.01p (+0.03%)

Fund Code

MECII

B1YBRM6

GB00B1YBRM66

Prices updated as at 23 Oct 2026
|
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 iBoxx Sterling Corporates GBP Index over any five-year period. At least 70% of the Fund is invested, directly or indirectly through derivatives, in investment grade corporate debt securities including investment grade Asset-Backed Securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets. These securities are denominated in Sterling or hedged back to Sterling.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document
, 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.

Portfolio as of 30/09/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Medium core

25.09%

% Weight
Value
Core
Growth
Large

0

0

0

Medium

14

25

24

Small

9

21

7

  • Interest rate risk

    Bond %
    Avg credit qualityA
    Avg wtd coupon4.68
    Modified duration6.27

  • Credit quality breakdown

    Rating% of Bond
    AAA9.96
    AA23.27
    A24.46
    BBB41.97
    BB0.35
    B-
    Below B-
    Not Rated-

Valuation

M&G Corporate Bond Fund Sterling I Inc
GBP Corporate Bond

12.95

12.95
2.93

0.78

0.78
0.46

1.98

1.98
1.34

9.64

9.64
9.64

Growth rate

M&G Corporate Bond Fund Sterling I Inc
GBP Corporate Bond

8.29%

8.29%
18.34%

2.81%

2.81%
2.25%

4.90%

4.90%
14.07%

Top 10 holdings

1
M&G (Lux) Sterling Liquidity GBPZ6A Dist
Sector
-
Country
Luxembourg
% of assets
5.35475
2
United Kingdom of Great Britain and Northern Ireland 4.75%
Sector
-
Country
United Kingdom
% of assets
4.04906
3
United Kingdom of Great Britain and Northern Ireland 5.25%
Sector
-
Country
United Kingdom
% of assets
2.24915
4
Berkshire Hathaway Finance Corporation 2.375%
Sector
-
Country
United States
% of assets
1.86783
5
Alphabet Inc. 5.875%
Sector
-
Country
United States
% of assets
1.82669
6
Apple Inc. 3.6%
Sector
-
Country
United States
% of assets
1.40178
7
Engie SA 5.75%
Sector
-
Country
France
% of assets
1.25596
8
Lloyds Banking Group PLC 2.707%
Sector
-
Country
United Kingdom
% of assets
1.23536
9
Suez SA 6.625%
Sector
-
Country
France
% of assets
1.14306
10
Wellcome Trust Finance PLC 4.625%
Sector
-
Country
United Kingdom
% of assets
1.0751
Assets in top 10 holdings %

21.46%

Total no. of equity holdings

-

Total no. of bond holdings

231.00

Stock sectors

M&G Corporate Bond Fund Sterling I Inc
GBP Corporate Bond

52.33%

Basic materials

2.09%
-

Con cyclical

16.56%
-

Financial svs

28.17%
-

Real estate

5.50%
-

39.10%

Comm services

3.59%
-

Energy

-
-

Industrials

24.43%
-

Technology

11.08%
-

8.58%

Con defensive

8.30%
-

Healthcare

-
-

Utilities

0.28%
-


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.

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