M&G Global Convertibles Fund

Select share classes

M&G Global Convertibles Fund Sterling I Acc

Category Convertible Bond - Global

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

276.25p

arrow-down-0.26p (-0.09%)

Fund Code

MGGVA

B1Z6838

GB00B1Z68387

Prices updated as at 29 Nov 2024

Prices in GBX

Investment objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charges Figure, than the Refinitiv Global Focus Convertible Bond Index over any five-year period. At least 70% of the Fund is invested in the convertible securities of companies across any sector and market capitalisation that are domiciled in any country, including Emerging Markets. Exposure to these securities is achieved, either directly or indirectly, through various combinations of corporate bonds, equities and derivatives.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/09/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

0

38

Medium

10

21

32

Small

0

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 1.97
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	1.97
Modified duration	-

Rating	% of Bond
No Data

Valuation

M&G Global Convertibles Fund Sterling I Acc

Convertible Bond - Global

13.06

21.13

0.98

1.78

2.17

2.97

10.69

11.91

Growth rate

M&G Global Convertibles Fund Sterling I Acc

Convertible Bond - Global

22.69%

8.47%

1.51%

0.51%

33.71%

10.34%

Top 10 holdings

Sector

Country

United States

% of assets

3.86804

Sector

Country

United States

% of assets

3.65398

Sector

Country

United States

% of assets

3.37052

Sector

Country

Germany

% of assets

3.01719

Sector

Country

China

% of assets

2.92191

Sector

Country

Spain

% of assets

2.49141

Sector

Country

United States

% of assets

2.40963

Sector

Country

China

% of assets

2.30558

Sector

Country

United States

% of assets

2.28651

Sector

Country

China

% of assets

2.26191

Assets in top 10 holdings %

28.59%

Total no. of equity holdings

6.00

Total no. of bond holdings

10.00

Stock sectors

M&G Global Convertibles Fund Sterling I Acc

Convertible Bond - Global

20.79%

Basic materials

Con cyclical

20.79%

Financial svs

Real estate

79.21%

Comm services

Energy

9.77%

Industrials

59.10%

Technology

10.34%

0.00%

Con defensive

Healthcare

Utilities

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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