M&G Global Macro Bond Fund

Select share classes

M&G Global Macro Bond Fund Sterling I Inc

Category Global Flexible Bond

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

Last buy/sell price

105.51p

arrow-up0.08p (+0.08%)

Fund Code

MGGNI

B78PH60

GB00B78PH601

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 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.

Portfolio as of 31/10/2025

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 3.35
Modified duration 6.7
Credit quality breakdown
Rating % of Bond
AAA 27.53
AA 35.52
A 20.42
BBB 12.09
BB 4.18
B 0
Below B 0.26
Not Rated -

	Bond %
Avg credit quality	A
Avg wtd coupon	3.35
Modified duration	6.7

Rating	% of Bond
AAA	27.53
AA	35.52
A	20.42
BBB	12.09
BB	4.18
B	0
Below B	0.26
Not Rated	-

Valuation

M&G Global Macro Bond Fund Sterling I Inc

Global Flexible Bond

-

6.83

-

0.71

-

1.17

-

4.49

Growth rate

M&G Global Macro Bond Fund Sterling I Inc

Global Flexible Bond

-

9.53%

-

3.16%

-

482.94%

Top 10 holdings

Sector

-

Country

United States

% of assets

5.85913

Sector

-

Country

United States

% of assets

5.49697

Sector

-

Country

Japan

% of assets

3.63369

Sector

-

Country

United States

% of assets

3.3859

Sector

-

Country

Germany

% of assets

3.35335

Sector

-

Country

Norway

% of assets

3.25609

Sector

-

Country

United States

% of assets

3.24555

Sector

-

Country

New Zealand

% of assets

2.82073

Sector

-

Country

United States

% of assets

2.62018

Sector

-

Country

Germany

% of assets

2.42314

Assets in top 10 holdings %

36.09%

Total no. of equity holdings

-

Total no. of bond holdings

118.00

Stock sectors

M&G Global Macro Bond Fund Sterling I Inc

Global Flexible 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.