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

89.57p

arrow-down-0.01p (-0.01%)

Fund Code

MGFRI

BMP3SD6

GB00BMP3SD68

Prices updated as at 15 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 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.

Annual performance (%)

Year	This fund	Global High Yield Bond - GBP Hedged
30 Sep 13 - 30 Sep 14	-	-
30 Sep 14 - 30 Sep 15	0.09	-2.87
30 Sep 15 - 30 Sep 16	4.85	9.08
30 Sep 16 - 30 Sep 17	5.94	7.23
30 Sep 17 - 30 Sep 18	1.45	0.41
30 Sep 18 - 30 Sep 19	1.53	4.57
30 Sep 19 - 30 Sep 20	-5.50	0.10
30 Sep 20 - 30 Sep 21	12.56	10.27
30 Sep 21 - 30 Sep 22	-4.77	-14.39
30 Sep 22 - 30 Sep 23	15.35	9.59
30 Sep 23 - 30 Sep 24	8.91	14.26

Trailing returns (%)

Year	This fund	Global High Yield Bond - GBP Hedged
1 Day	-0.01	-0.09
1 Month	0.99	0.34
3 Months	2.30	2.44
6 Months	4.05	5.30
1 Year	10.23	12.79
3 Years annualised	6.24	2.35
5 Years annualised	5.19	3.50

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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