M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Category Global High Yield Bond - GBP Hedged

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

Last buy/sell price

90.35p

arrow-up0.10p (+0.11%)

Fund Code

MGFRI

BMP3SD6

GB00BMP3SD68

Prices updated as at 23 Dec 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 Floating Rate High Yield Index (3% constrained) USD Hedged over any five-year period. At least 70% of the Fund is invested, directly or indirectly, in below investment grade corporate and government Floating Rate Notes. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and 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.

Important Information

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