Fact sheet: M&G Global Macro Bond

Rated Fund Information
Rated Funds Group
?Money Observer has arranged all its Rated Funds into easy to understand Rated Fund Groups, comprising funds and investment trusts.
GLOBAL BONDS
Sector
UT Global Bonds
Fund type
OEIC
Primary aim
INCOME
Why Money Observer Rates M&G Global Macro Bond

Rated Fund 2014-2017. Reaping the benefits of bond and currency flexibility

This fund is managed by Jim Leaviss, who is head of retail fixed interest at M&G. It gives him full flexibility to invest in any type of fixed interest security in the world, in any currency. He uses this flexibility to take advantage of different economic conditions and global trends, including interest rate movements and inflation.

His assessment of these macroeconomic factors determines the asset classes in which the fund invests in order to achieve its objective of maximising long-term total return. It also influences the portfolio's mix of interest rate risk, credit risk and currency exposure.

This 'go-anywhere' approach means Leaviss can constantly reassess relative value from among the whole range of different bond types, from 'safe haven' government bonds to riskier corporate and emerging market bonds.

Different asset classes within the fixed income universe have different sensitivity levels to interest rate changes. So he can increase or reduce a fund's duration in various geographic regions depending on the outlook for interest rate movements across global markets.

Leaviss actively manages the types of bonds in the fund and their maturities, and by using derivatives, he believes he can also ensure that the fund can perform in all types of market conditions.

In addition to being able to invest in any fixed interest security around the world, he can also invest in any currency, offering further diversification benefits. He examines the relative attractiveness of different currencies, analysing indicators such as capital flows, economic growth and current account balances, monetary policy and inflation.

3 Year Performance
Fund Performance18.1%
Average of Rated Funds Group18.3%
Sector Performance12.1%
Fund information
Fund name
M&G Global Macro Bond I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Claudia Calichsince 30/06/2015
  • Jim Leavisssince 14/10/1999
Accolades
Winner - Large Fund - Global Bond
Fund objective
The Fund’s objective is to maximise long term total return (the combination of income and growth of capital).
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-6.1%
1 Year rank in sector
63/65
Sector
UT Global Bonds
Yield
2.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.81%
Fund size
£2,330m (£2,005m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
27
Mid price
136.83
Top in this sector
Fund name1 Year
Threadneedle EurpHdBd7.8%
M&G European Hi Yld Bd7.2%
S&W Loch Moy6.2%
M&G European Corp Bd6%
Aberdeen Euro Corporate Bond5.5%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • USA40.8%
    UK11.7%
    Germany5.4%
    International4.1%
    Mexico2.8%
  • AA25.6%
    AAA23.5%
    BBB20.7%
    Money Market12.9%
    BB10.1%
  • US Fixed Interest40.8%
    UK Fixed Interest11.7%
    German Fixed Interest5.4%
    American Emerging Fixed Interest5%
    Global Fixed Interest4.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-3.6%-6.2%-6.1%18.1%19.2%
Sector-0.9%-1.5%-2.4%0.5%12.1%11.5%
Rank within sector10 / 6958 / 6958 / 6863 / 6513 / 5420 / 50
Quartile1st4th4th4th1st2nd
Calendar performance
 YTD - 20182017201620152014
Fund-2.1%-3.8%25.3%0.9%6%
Sector-1.4%2.3%12.6%-1.3%3.8%
Rank within sector52 / 6961 / 654 / 6019 / 5420 / 51
Quartile4th4th1st2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.1
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.32
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.11
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.46
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.03
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high148.57
52 week low134.44
Current bid price-
Current offer price-
Current mid price136.83
Region
1USA40.77%
2UK11.65%
3Germany5.38%
4International4.14%
5Mexico2.77%
6Brazil2.76%
7France2.55%
8South Africa2.4%
9Indonesia2.22%
Industry sector
1AA25.63%
2AAA23.48%
3BBB20.67%
4Money Market12.88%
5BB10.1%
6A10.09%
7Non-Rated1.04%
8B-3.87%
Asset type
1US Fixed Interest40.77%
2UK Fixed Interest11.65%
3German Fixed Interest5.38%
4American Emerging Fixed Interest4.98%
5Global Fixed Interest4.14%
6Mexican Fixed Interest2.77%
7Brazilian Fixed Interest2.76%
8French Fixed Interest2.55%
9South African Fixed Interest2.4%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.25% NTS 31/05/19 USD1008.86%
2UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/04/21 USD1007.28%
3UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/24 USD10005.66%
4GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.015.38%
5UNITED STATES OF AMER TREAS NOTES FRN 31/01/19 USD1005.32%
6SOUTH AFRICA(REPUBLIC OF) 8.75% BDS 28/02/48 ZAR10000002.4%
7MEXICO(UNITED MEXICAN STATES) 7.5% BDS 03/06/27 MXN1002.29%
8BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10001.86%
9EUROPEAN BK RECON & DEV FR GBL NTS 19/11/20 USD10001.71%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The Fund’s objective is to maximise long term total return (the combination of income and growth of capital).
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Claudia Calich30/06/2015Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and was appointed fund manager of the M&G (Lux) Emerging Markets Hard Currency Bond Fund at its launch in May 2017. She has been fund manager of the M&G Emerging Markets Bond Fund since December 2013. She was also appointed fund manager of the M&G Global Government Bond Fund and deputy manager of the M&G Global Macro Bond Fund in July 2015. Claudia has over 20 years of experience in emerging markets, most recently as a senior portfolio manager at Invesco in New York, with previous positions at Oppenheimer Funds, Fuji Bank, Standard & Poor’s and Reuters. Claudia graduated with a BA honours in economics from Susquehanna University in 1989 and holds an MA in international economics from the International University of Japan in Niigata.
Jim Leaviss14/10/1999Jim Leaviss is Head of Retail 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 and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt & Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Singapore, Sweden
M&G Global Macro Bond A Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price125.1
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePK46
M&G Global Macro Bond A Gr Acc CHF
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price10.9235
CurrencyCHF
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLDU
M&G Global Macro Bond A Gr Acc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price12.7219
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KO0
M&G Global Macro Bond A Gr Acc USD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price15.6402
CurrencyUSD
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1V0
M&G Global Macro Bond A Inc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price11.8911
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJCZZ
M&G Global Macro Bond A Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price82.88
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePK47
M&G Global Macro Bond A Inc USD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price14.8782
CurrencyUSD
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM62B
M&G Global Macro Bond AH Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price105.42
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM61S
M&G Global Macro Bond AH Acc SGD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price10.7785
CurrencySGD
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM62D
M&G Global Macro Bond AH Gr Acc CHF
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price10.5531
CurrencyCHF
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLDW
M&G Global Macro Bond AH Gr Acc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price11.2976
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0KO5
M&G Global Macro Bond AH Inc EUR
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price10.5614
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJD00
M&G Global Macro Bond AH Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price100.68
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM61T
M&G Global Macro Bond AH Inc SGD
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price10.2539
CurrencySGD
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM62E
M&G Global Macro Bond B Gr Acc EUR
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price12.331
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0L23
M&G Global Macro Bond B Inc
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price9.2632
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPEK
M&G Global Macro Bond BH Gr Acc EUR
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price10.9537
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0L24
M&G Global Macro Bond BH Inc
Initial charge1.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price9.7798
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPEL
M&G Global Macro Bond C Gr Acc CHF
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price11.2799
CurrencyCHF
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLDV
M&G Global Macro Bond C Gr Acc EUR
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price13.2011
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KO1
M&G Global Macro Bond C Gr Acc USD
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price12.5916
CurrencyUSD
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KO2
M&G Global Macro Bond C Inc EUR
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price12.3377
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJ2C
M&G Global Macro Bond C Inc USD
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price11.9081
CurrencyUSD
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM62C
M&G Global Macro Bond CH Acc SGD
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price10.9414
CurrencySGD
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM62F
M&G Global Macro Bond CH Gr Acc CHF
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price10.8402
CurrencyCHF
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLDX
M&G Global Macro Bond CH Gr Acc EUR
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price11.7292
CurrencyEUR
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KO3
M&G Global Macro Bond CH Inc EUR
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price11.1102
CurrencyEUR
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM62A
M&G Global Macro Bond CH Inc SGD
Initial charge1.25%
Annual charge0.65%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price10.348
CurrencySGD
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM62G
M&G Global Macro Bond I Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price136.83
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KNZ
M&G Global Macro Bond I Inc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price124.08
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0KNY
M&G Global Macro Bond IH Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price106.92
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM61Y
M&G Global Macro Bond IH Inc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price101.57
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM61Z
M&G Global Macro Bond R Acc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price128.2
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZEA
M&G Global Macro Bond R Inc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price118.84
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZEB
M&G Global Macro Bond RH Acc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price105.97
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM61W
M&G Global Macro Bond RH Inc GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price101.09
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM61X
M&G Global Macro Bond X Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price125.04
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMW85
M&G Global Macro Bond X Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price83.23
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMW84
M&G Global Macro Bond Xh Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated19/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM61U
M&G Global Macro Bond Xh Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price100.79
CurrencyGBX
Price updated19/02/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM61V
Data provided by

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