M&G Global Fltng Rt Hi Yld GBP I-H Inc

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Trading AccountISAJISASIPP

Fund Info

  • Yield History3.86%
  • 3 Year sharpe0.25
  • 3 Year alpha-3.44
  • Distribution Typeincome
  • BenchmarkICE BofAML Glb Fl Rate HY 3% Hdg TR USD
  • Legal StructureOpen Ended Investment Company
  • Fund Size (month end)Open Ended Investment Company
  • OCF0.63%
  • IA Sector£ High Yield
  • Manager GroupM&G
  • DomicileUnited Kingdom
  • ISINGB00BMP3SD68

Investment Strategy

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.

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