M&G Strategic Corporate Bond Fund Sterling I Acc

Category GBP Corporate Bond

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

Last buy/sell price

1,466.98p

arrow-up4.55p (+0.31%)

Fund Code

MGSNA

B7J4YT8

GB00B7J4YT87

Prices updated as at 15 Oct 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 the average return of the iBoxx Sterling Corporates GBP Index, over any five-year period. At least 70% of the Fund is invested , directly or indirectly through derivatives, in investment grade corporate debt securities including investment grade Asset-Backed Securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.

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.

Growth of 1,000 as of 16 Oct 2024, 08:10

10Y

Annual performance (%)

Year	This fund	GBP Corporate Bond
30 Sep 13 - 30 Sep 14	7.05	7.22
30 Sep 14 - 30 Sep 15	1.85	3.20
30 Sep 15 - 30 Sep 16	10.30	12.87
30 Sep 16 - 30 Sep 17	2.40	0.68
30 Sep 17 - 30 Sep 18	0.16	-0.01
30 Sep 18 - 30 Sep 19	7.41	9.19
30 Sep 19 - 30 Sep 20	4.18	4.21
30 Sep 20 - 30 Sep 21	3.51	0.65
30 Sep 21 - 30 Sep 22	-20.41	-23.52
30 Sep 22 - 30 Sep 23	10.27	7.01
30 Sep 23 - 30 Sep 24	12.46	11.46

Trailing returns (%)

Year	This fund	GBP Corporate Bond
1 Day	0.31	0.28
1 Month	-1.68	-1.29
3 Months	1.23	1.19
6 Months	3.61	3.49
1 Year	11.26	10.84
3 Years annualised	-0.50	-2.57
5 Years annualised	1.26	-0.51

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

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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