M&G Index-Linked Bond Fund I Inc


Buy/Sell Price  (as of 07/12/2016) £14.6285   Day Change :  0.24%     Fund Code:  MGIDI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Ben Lord joined M&G in 2007 and was appointed fund manager of the M&G High Interest Fund in February 2009. Since launch in September 2010, he has also been the co-manager on the M&G UK Inflation Linked Corporate Bond Fund and the M&G European Inflation Linked Corporate Bond Fund. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.

Biography

Jim Leaviss is Head of Fixed Interest for M&G's mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund, the M&G Gilt and Fixed Interest Fund and co-manager on the M&G Inflation Linked Corporate Bond funds.
Investment HouseM&G
Fund ProviderM&G Group
ManagerBen Lord   Biography
ManagerJim Leaviss   Biography

Fund Objective 'Income and growth which is consistent with investment in index linked fixed interest securities. The portfolio will focus mainly on index-linked debt instruments which may be government and public securities or corporate debt instruments. Non-sterling denominated securities may be held and, if deemed appropriate by the investment manager, the associated currency risks hedged. The Funds exposure to index-linked, government and public securities or corporate debt may be gained through the use of derivatives. The Fund may also invest in other assets including collective investment schemes, other transferable securities, cash and near cash, deposits, warrants, money market instruments and other derivative instruments.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B7875289
12-Month NAV High £15.86
12-Month NAV Low £11.97
Fund Comparative Index -
Morningstar CategoryTMGBP Inflation-Linked Bond
Dividend FrequencyTwice Yearly
Distribution Yield0.00%
Underlying Yield0.00%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall3 star
3 Years3 star
5 Years3 star
10 Years3 star

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  07/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-0.18-0.460.412.624.05
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

The investment policy of this fund means it can be more than 35% invested in Government and public securities.  These can be issued or guaranteed by other countries and Governments.  For a full list please refer to the fund's prospectus.

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