M&G Global High Yield Bond Fund

Select share classes

M&G Global High Yield Bond Fund Sterling I Acc

Category Global High Yield Bond - GBP Hedged

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

Last buy/sell price

1,653.84p

arrow-down-0.24p (-0.01%)

Fund Code

MGHIA

B4Z1M21

GB00B4Z1M213

Prices updated as at 12 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 Charge Figure, than that of the ICE BofAML Global High Yield Index (GBP Hedged) over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in below investment grade corporate debt securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets.

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

Medium

0

Small

100

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 5.94
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	5.94
Modified duration	-

Rating	% of Bond
No Data

Valuation

M&G Global High Yield Bond Fund Sterling I Acc

Global High Yield Bond - GBP Hedged

-

0.92

0.12

0.24

7.04

0.79

-

7.84

Growth rate

M&G Global High Yield Bond Fund Sterling I Acc

Global High Yield Bond - GBP Hedged

-

0.00%

-

15.33%

Top 10 holdings

Sector

Country

Luxembourg

% of assets

3.25313

Sector

Country

Mexico

% of assets

1.08644

Sector

Country

United States

% of assets

0.93756

Sector

Country

United States

% of assets

0.75151

Sector

Country

United States

% of assets

0.71083

Sector

Country

United States

% of assets

0.69886

Sector

Country

United States

% of assets

0.66543

Sector

Country

United States

% of assets

0.65135

Sector

Country

United States

% of assets

0.6379

Sector

Country

Mexico

% of assets

0.63772

Assets in top 10 holdings %

10.03%

Total no. of equity holdings

7.00

Total no. of bond holdings

336.00

Stock sectors

M&G Global High Yield Bond Fund Sterling I Acc

Global High Yield Bond - GBP Hedged

29.86%

Basic materials

Con cyclical

0.11%

Financial svs

Real estate

29.75%

5.05%

Comm services

Energy

5.05%

Industrials

Technology

65.09%

Con defensive

65.09%

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.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.