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M&G Optimal Income

Ranked 1 out of 1 in - Sterling Strategic Bond over 12 months
All calculations are in USD unless stated

Managed by

Richard Woolnough

Richard Woolnough has more than twenty years of experience in fixed interest investment. Born in Chesterfield in 1964, Woolnough graduated from the London School of Economics and started his fixed interest career with Italian group Assicurzioni Generali in 1987. He then joined SBC Warburg as a sterling instruments trader before moving to Old Mutual in 1995 where he was responsible for the Old Mutual Corporate Bond fund and Old Mutual UK Fixed Interest long-term bond fund. Woolnough made the switch to M&G Investments early in 2004 to take charge of the firm’s Corporate Bond fund. He currently manages this and the Strategic Corporate Bond fund which was launched in February 2004. Both the Corporate Bond fund and the Strategic Corporate Bond fund invest mostly in investment grade corporate bonds, although the Strategic Corporate Bond fund holds far fewer stocks, and takes larger duration and credit positions. Woolnough also manages the M&G Optimal Income fund, which can invest wherever the manager sees best value in the fixed income universe.

Objective

The fund aims to provide a total return to investors based on exposure to optimal income streams in investment markets. Fund aims to do it through strategic asset allocation and specific stock selection. It will be at least 50% invested in debt instruments, but may also invest in other assets including collective investment schemes, money market instruments, cash, near cash, deposits, equities and derivatives. Derivative instruments may be used for both investment purposes and efficient portfolio management. The manager may also hold up to 20% of the portfolio in company shares when he believes they offer better value than bonds. Exposure to these assets is gained through physical holdings and the use of derivatives.

Showing fund performance in Singapore View performance globally

Performance

Sterling Strategic Bond over : 31/12/2016 - 31/12/2017
  • Rank 1/1 Total Return
  • Rank 1/1 Standard Deviation
  • Rank 1/1 Max Drawdown
Fund Name Currency Return
1 M&G Optimal Income USD A-H Gross Acc (Hedged)

Currency exposure is hedged

Currency exposure is hedged

USD

6.5%

Fund Name Currency Risk
1 M&G Optimal Income USD A-H Gross Acc (Hedged)

Currency exposure is hedged

Currency exposure is hedged

USD

1.5

Fund Name Currency Loss
1 M&G Optimal Income USD A-H Gross Acc (Hedged)

Currency exposure is hedged

Currency exposure is hedged

USD

-0.3%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 6.5% 1.3% 2.8% 1.1% 1.2%
2016 8.0% 1.0% 0.7% 3.7% 2.3%
2015 -1.2% 0.7% -1.3% -1.4% 0.9%
2014 4.9% 1.9% 1.9% 0.1% 1.0%
2013 7.3% 2.5% -0.6% 2.7% 2.6%
2012 13.5% 5.7% -0.4% 5.0% 2.7%
2011 6.2% 2.1% 1.3% -1.6% 4.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Portugal
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland

Fund Info

  • Launch date01/10/2010
  • Base currencyUSD
  • ISIN GB00B4WS3X34
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment75

Charges

  • Annual management1.25%
  • Initial investment4

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).