M&G Global Macro Bond Fund

Select share classes

M&G Global Macro Bond Fund Sterling I Acc

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

144.34p

arrow-down-0.61p (-0.42%)

Fund Code

MGGNA

B78PGS5

GB00B78PGS53

Prices updated as at 26 Apr 2024
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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 Aggregate Index Unhedged USD over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in debt securities and in Asset-Backed Securities. 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.
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

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Why we like the fund: This fund is flexible and can invest across multiple regions, lending to a range of borrowers across the risk spectrum. This level of flexibility means that investment experience is vital. The manager is one of the most senior bond investors at M&G and this fund is his main focus. He is surrounded by a team of experienced investors and has extensive support analysing the borrowers the fund lends to. How to use the fund: The fund is flexible and should perform differently from more traditional bond funds. It could appeal to investors who are nervous about the outlook for bond markets but still seek some fixed income exposure.

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.