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

90.59p

arrow-up0.02p (+0.02%)

Fund Code

MGFRI

BMP3SD6

GB00BMP3SD68

Prices updated as at 31 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.

Annual performance (%)

Year	This fund	Global High Yield Bond - GBP Hedged
31 Dec 14 - 31 Dec 15	0.28	-2.65
31 Dec 15 - 31 Dec 16	7.31	11.73
31 Dec 16 - 31 Dec 17	3.05	5.82
31 Dec 17 - 31 Dec 18	-1.55	-3.92
31 Dec 18 - 31 Dec 19	6.94	11.38
31 Dec 19 - 31 Dec 20	-0.03	3.62
31 Dec 20 - 31 Dec 21	5.85	3.85
31 Dec 21 - 31 Dec 22	-1.47	-10.74
31 Dec 22 - 31 Dec 23	12.27	11.26
31 Dec 23 - 31 Dec 24	9.17	8.05

Trailing returns (%)

Year	This fund	Global High Yield Bond - GBP Hedged
1 Day	0.02	-0.04
1 Month	0.79	-0.07
3 Months	2.34	0.66
6 Months	4.59	4.88
1 Year	9.17	8.05
3 Years annualised	6.49	2.42
5 Years annualised	5.03	3.12

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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