M&G Global Floating Rate High Yield Fund

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M&G Global Floating Rate High Yield Fund Sterling I-H Acc

Category Global High Yield Bond - GBP Hedged


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

139.95p

arrow-up0.08p (+0.06%)

Fund Code

MGFRA

BMP3SC5

GB00BMP3SC51

Prices updated as at 28 Mar 2024
|
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 that of the ICE BofAML Global Floating Rate High Yield Index (3% constrained) USD Hedged over any five-year period. At least 70% of the Fund is invested, directly or indirectly, in below investment grade corporate and government Floating Rate Notes. 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.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerJames Tomlins
140.46
124.29
Fund comparative indexICE BofAML Glb Fl Rate HY 3% Hdg TR USD
£ High Yield
-
0.63
0.12
0.00
Global High Yield Bond - GBP Hedged
No
Fund providerM&G Securities Ltd
Share class launch date11 Sep 2014
£254.41m
8.01
-
8.01
Quarterly
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

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