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

34.22p

arrow-down-0.12p (-0.35%)

Fund Code

MECII

B1YBRM6

GB00B1YBRM66

Prices updated as at 23 Sep 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 31/07/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Medium core

24.21%

% Weight
Value
Core
Growth
Large

0

0

0

Medium

9

24

24

Small

10

22

10

  • Interest rate risk

    Bond %
    Avg credit qualityA
    Avg wtd coupon4.65
    Modified duration6.24

  • Credit quality breakdown

    Rating% of Bond
    AAA9.98
    AA20.83
    A24.09
    BBB44.76
    BB0.35
    B-
    Below B-
    Not Rated-

Valuation

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

13.59

13.59
3.05

0.94

0.94
0.47

2.07

2.07
1.31

10.07

10.07
10.44

Growth rate

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

8.76%

8.76%
18.34%

3.00%

3.00%
2.29%

3.87%

3.87%
14.27%

Top 10 holdings

1
M&G (Lux) Sterling Liquidity GBPZ6A Dist
Sector
-
Country
Luxembourg
% of assets
4.88734
2
United Kingdom of Great Britain and Northern Ireland 4.75%
Sector
-
Country
United Kingdom
% of assets
4.00375
3
United Kingdom of Great Britain and Northern Ireland 5.25%
Sector
-
Country
United Kingdom
% of assets
2.2251
4
Imperial Brands Finance Plc 4.875%
Sector
-
Country
United Kingdom
% of assets
1.58251
5
Berkshire Hathaway Finance Corporation 2.375%
Sector
-
Country
United States
% of assets
1.5447
6
Apple Inc. 3.6%
Sector
-
Country
United States
% of assets
1.3849
7
Engie SA 5.75%
Sector
-
Country
France
% of assets
1.2498
8
Lloyds Banking Group PLC 2.707%
Sector
-
Country
United Kingdom
% of assets
1.20766
9
Suez SA 6.625%
Sector
-
Country
France
% of assets
1.13309
10
Alphabet Inc. 5.875%
Sector
-
Country
United States
% of assets
1.1254
Assets in top 10 holdings %

20.34%

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

53.08%

Basic materials

2.63%
-

Con cyclical

16.23%
-

Financial svs

28.70%
-

Real estate

5.52%
-

37.67%

Comm services

3.65%
-

Energy

-
-

Industrials

23.73%
-

Technology

10.29%
-

9.25%

Con defensive

8.07%
-

Healthcare

-
-

Utilities

1.18%
-


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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