M&G Global Convertibles Fund

Select share classes

M&G Global Convertibles Fund Sterling I Inc

Category Convertible Bond - Global

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

Last buy/sell price

1,511.63p

arrow-down-8.15p (-0.54%)

Fund Code

MGGVI

B758PJ1

GB00B758PJ12

Prices updated as at 27 Jan 2025

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 31/12/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

0

35

0

Medium

29

17

18

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 1.9
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	1.9
Modified duration	-

Rating	% of Bond
No Data

Valuation

M&G Global Convertibles Fund Sterling I Inc

Convertible Bond - Global

12.04

20.76

0.83

1.74

2.04

3.14

9.07

10.54

Growth rate

M&G Global Convertibles Fund Sterling I Inc

Convertible Bond - Global

10.87%

3.61%

1.52%

0.59%

32.32%

9.84%

Top 10 holdings

Sector

Country

United States

% of assets

3.53038

Sector

Country

United States

% of assets

3.34526

Sector

Country

United Kingdom

% of assets

3.10333

Sector

Country

United States

% of assets

3.07956

Sector

Country

Germany

% of assets

2.89802

Sector

Country

United States

% of assets

2.53851

Sector

Country

United States

% of assets

2.32901

Sector

Country

United States

% of assets

2.30068

Sector

Country

China

% of assets

2.20742

Sector

Country

China

% of assets

2.19662

Assets in top 10 holdings %

27.53%

Total no. of equity holdings

7.00

Total no. of bond holdings

8.00

Stock sectors

M&G Global Convertibles Fund Sterling I Inc

Convertible Bond - Global

18.66%

Basic materials

Con cyclical

18.66%

Financial svs

Real estate

81.34%

Comm services

7.64%

Energy

10.73%

Industrials

52.15%

Technology

10.80%

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.

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.