Your Basket
Your Basket
There are no funds in your basket. To add funds to your basket use the Green Plus Icon wherever you see it next to a fund.
Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
Close Basket Open basket

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
 
 
Poll

At what age do you expect to be able to retire/were able to retire?

Younger than 60
60 to 70
Older than 70
Never

Vote

 
You are here: Factsheet

Contact details

ManagerGroupLogo
M&G Group, Laurence Pountney Hill, London, EC4R 0HH
0800 328 3196 (Dealing)
20 7626 4588 (Enquiries)
0870 043 4200 (Fax Number)
0800 328 3191 (IFA Support)
0800 390 390 (Main Number)

info@mandg.co.uk

Fund managers

* Matthew Russell01-Sep-2013 to Present
 
view    
Ben Lord»01-Sep-2013 to Present
Ben Lord»30-Jan-2009 to 31-Aug-2013
Matthew Russell»01-Aug-2011 to 31-Aug-2013
Jim Leaviss»01-Feb-2009 to 01-Aug-2011
Jim Leaviss»01-Nov-2004 to 31-Jan-2009
Kate Jones»30-Apr-2002 to 30-Nov-2004
David Knee»01-Aug-2000 to 30-Apr-2002
Theodora Zemek»31-Dec-1999 to 30-Sep-2000
Karen Howard»01-Jun-1998 to 31-Dec-1999


Investment objectives

The Fund aims to provide income with stability of capital.

Key Information

Fund vs sector

  1y 3y
Position 12 / 100 92 / 93
Quartile 1 4

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
n/aS&P Rating
(Qualitative)
FE Crown Rating: 1 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 1.28 1.17
Alpha 1.63 0.95
Beta 0.18 0.17
Sharpe 0.00 0.00
Info Ratio 0.16 -0.99
R2 0.74 0.45
Quartiles:   1  2  3  4   help with ratios
vs. Sterling Corporate Bond»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
INC +2.0+5.8+18.6+3.6+0.2+1.2+10.7
  STERLING CORPORATE BOND   +0.4+19.3+55.5+13.3+4.9+5.1+24.0
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G SHORT DATED CORPORATE BOND I GBP INC 1019.08 (p) 23-Apr-2014 2.35 0.57% GTBO B8JXBQ8
pdf M&G SHORT DATED CORPORATE BOND CH ACC EUR ACC 10.21 (EUR) 23-Apr-2014 2.38 0.58% JD0R B8G0247
pdf M&G SHORT DATED CORPORATE BOND CH INC EUR INC 10.10 (EUR) 23-Apr-2014 2.38 0.58% JD0S B950HT5
pdf M&G SHORT DATED CORPORATE BOND CH ACC USD ACC 10.22 (USD) 23-Apr-2014 2.39 0.58% JD0T B90TG78
pdf M&G SHORT DATED CORPORATE BOND CH ACC CHF ACC 10.20 (CHF) 23-Apr-2014 2.38 0.58% JD0U B9FBYY2
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf M&G SHORT DATED CORPORATE BOND AH ACC EUR ACC 10.17 (EUR) 23-Apr-2014 1.87 1.08% JD0N B94FL99
pdf M&G SHORT DATED CORPORATE BOND AH INC EUR INC 10.10 (EUR) 23-Apr-2014 1.87 1.08% JD0O B93LP18
pdf M&G SHORT DATED CORPORATE BOND AH ACC USD ACC 10.18 (USD) 23-Apr-2014 1.88 1.08% JD0P B80R631
pdf M&G SHORT DATED CORPORATE BOND AH ACC CHF ACC 10.16 (CHF) 23-Apr-2014 1.88 1.08% JD0Q B8DJQB2
pdf M&G SHORT DATED CORPORATE BOND A INC GBP INC 25.42 (p) 23-Apr-2014 2.26 0.66% MA78 3111039

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£428.9m / $721.4m (28-Feb-14)
Savings plan Fund has Savings Plan Minimum: £ 10.0 Monthly Launch29-Jan-1993
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 500
Minimum additional£ 100
Initial charge0.00%
Annual management charge0.50%
Note to chargesn/a
Trustee / DepositaryNational Westminster Bank plc
RegistrarInternational Financial Data Services (UK) Ltd
Multi-Managern/a
Indexn/a
Dividend policyMar 01, Jun 01 (Final), Sep 01, Dec 01
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Fixed Interest Corporate Sterling Corporate Bond
Largest holdings, 31-Mar-2014
Holding (%) Rank Prev Fund factsheet Equity factsheet
TREASURY 4% GILT 7/09/2016 14.18 1 (1) - *
HSBC CAP FUNDING(STERLING 1)LP 8.208% PERP BDS GBP REG`S 1.94 2 (4) - -
50310 CDS USD R F 1.0 1.84 3 (5) - -
PETROLEOS MEXICANOS FRN 18/07/18 USD1000 1.83 4 (7) - -
TESCO 4% IDX LKD NOTES 8/9/16 GBP(VAR) 1.83 5 (6) - -
VIRGIN MEDIA SECURED FINANCE PLC 7% NTS 15/01/18 GBP1000 1.73 6 (8) - -
1044047 CDS USD R F 5.0 1.55 7 (9) - -
1050549 CDS EUR R F 1.0 1.52 8 (10) - -
1038705 CDS EUR R F 1.0 1.49 9 (-) - -
KRAFT FOODS INC 5.375% NTS 11/12/14 GBP50000 1.37 10 (-) - -
Total29.28 
Regional weightings, 28-Feb-2014
Region(%)Rank 
UK52.611 52.61% UK
USA15.212 15.21% USA
Others7.473 7.47% Others
Germany5.654 5.65% Germany
Switzerland4.495 4.49% Switzerland
Netherlands4.206 4.20% Netherlands
Mexico3.557 3.55% Mexico
France2.768 2.76% France
Italy2.369 2.36% Italy
Money Market1.7010 1.70% Money Market
Total100.00 
Sector weightings, 28-Feb-2014
Sector(%)Rank 
Securities22.811 22.81% Securities
Banks21.922 21.92% Banks
Local Government Bonds15.973 15.97% Local Government Bonds
Consumer Goods11.644 11.64% Consumer Goods
Insurance5.635 5.63% Insurance
Telecommunications4.036 4.03% Telecommunications
Utilities4.017 4.01% Utilities
Energy3.208 3.20% Energy
Services3.209 3.20% Services
Industrials2.2010 2.20% Industrials
Media2.1011 2.10% Media
Cash & Cash Equivalents1.7012 1.70% Cash & Cash Equivalents
Technology1.0513 1.05% Technology
Real Estate0.5414 0.54% Real Estate
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
 
 
Add your comment
 
Reload Change mode
 
Enter the words above:
Send comment
 
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend
life Click here for M&G Short Dated Corporate Bond life wrappers
pension Click here for M&G Short Dated Corporate Bond pension wrappers

Downloads

Latest Fundswire  

Buy this fund here

You can now buy & sell funds and shares at our new sister-site at highly competitive rates

Asset allocation

Fixed Rate Bonds, 61.62%
61.6200% ofFixed Rate Bonds
Floating Rate Notes, 36.68%
36.6800% ofFloating Rate Notes
Cash, 1.70%
1.7000% ofCash

FE Adviser Fund Index

Sector analysis

Charting

FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio
 
  • Stay connected with FE trustnet
  • Authorised and Regulated by the
    Financial Conduct Authority
  • © Trustnet Limited . All Rights Reserved.
  • Please read our Terms of Use / Disclaimer
    and Privacy and Cookie Policy.
  • Data supplied in conjunction with Thomson Financial Limited,
    London Stock Exchange Plc, StructuredRetailProducts.com
    and ManorPark.com