M&G Global Target Return Fund Sterling I Acc

Category Macro Trading GBP

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

Last buy/sell price

129.37p

arrow-up0.36p (+0.28%)

Fund Code

MGTIA

BYM55C7

GB00BYM55C75

Prices updated as at 15 Nov 2024

Prices in GBX

Investment objective

The Fund aims to achieve a total return (the combination of income and capital growth) of at least 2-4%, per annum above the Sterling Overnight Index Average (SONIA), before any charges are taken, in any market conditions and over any three year period. The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time (volatility), while also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above SONIA plus 2-4%. The Fund has a highly flexible investment approach with the freedom to invest in different types of investment assets from anywhere in the world. The fund manager’s approach combines in-depth research to determine the value of assets over the medium to long term, together with analysis of market reactions to events, to identify investment opportunities.

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	Macro Trading GBP
30 Sep 13 - 30 Sep 14	-	-
30 Sep 14 - 30 Sep 15	-	-
30 Sep 15 - 30 Sep 16	-	-
30 Sep 16 - 30 Sep 17	-	-
30 Sep 17 - 30 Sep 18	-0.50	0.22
30 Sep 18 - 30 Sep 19	-1.76	4.37
30 Sep 19 - 30 Sep 20	4.07	-1.23
30 Sep 20 - 30 Sep 21	4.82	6.86
30 Sep 21 - 30 Sep 22	2.53	-1.31
30 Sep 22 - 30 Sep 23	5.71	2.92
30 Sep 23 - 30 Sep 24	9.68	6.67

Trailing returns (%)

Year	This fund	Macro Trading GBP
1 Day	0.28	-0.08
1 Month	-1.14	0.09
3 Months	-1.03	1.14
6 Months	1.13	3.29
1 Year	5.61	7.19
3 Years annualised	5.12	2.85
5 Years annualised	4.62	3.61

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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