M&G Global Government Bond Fund

Select share classes

M&G Global Government Bond Fund Sterling I Inc

Category Global Government Bond

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

Last buy/sell price

855.11p

arrow-up0.96p (+0.11%)

Fund Code

MGIBI

B700F03

GB00B700F033

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 Bloomberg Global Treasury Index Unhedged USD over any five-year period. At least 70% of the Fund is invested, directly or indirectly through derivatives, in investment grade debt securities. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, and supranational bodies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.

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.

Portfolio as of 30/11/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Fixed income style
Medium ext
100.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
100
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality A
Avg wtd coupon 3.33
Modified duration 7.42
Credit quality breakdown
Rating % of Bond
AAA 23.58
AA 40.96
A 16.95
BBB 11.05
BB 6.57
B -
Below B 0.89
Not Rated -

	Bond %
Avg credit quality	A
Avg wtd coupon	3.33
Modified duration	7.42

Rating	% of Bond
AAA	23.58
AA	40.96
A	16.95
BBB	11.05
BB	6.57
B	-
Below B	0.89
Not Rated	-

Valuation

M&G Global Government Bond Fund Sterling I Inc

Global Government Bond

-

15.71

-

1.78

-

2.95

-

13.44

Growth rate

M&G Global Government Bond Fund Sterling I Inc

Global Government Bond

-

11.38%

-

2.12%

-

4.29%

Top 10 holdings

Sector

-

Country

United States

% of assets

6.98784

Sector

-

Country

Germany

% of assets

6.55028

Sector

-

Country

United States

% of assets

6.16032

Sector

-

Country

Germany

% of assets

4.44497

Sector

-

Country

United States

% of assets

4.26292

Sector

-

Country

Norway

% of assets

3.3167

Sector

-

Country

United Kingdom

% of assets

3.24273

Sector

-

Country

Czech Republic

% of assets

2.83389

Sector

-

Country

Japan

% of assets

2.76624

Sector

-

Country

New Zealand

% of assets

2.72496

Assets in top 10 holdings %

43.29%

Total no. of equity holdings

-

Total no. of bond holdings

61.00

Stock sectors

M&G Global Government Bond Fund Sterling I Inc

Global Government Bond

0.00%

Basic materials

-

Con cyclical

-

Financial svs

-

Real estate

-

0.00%

Comm services

-

Energy

-

Industrials

-

Technology

-

0.00%

Con defensive

-

Healthcare

-

Utilities

-

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.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.