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
129.41p
-0.17p (-0.13%)
Fund Code
MGTIA
BYM55C7
GB00BYM55C75
Prices updated as at 12 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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Portfolio as of 30/09/2024
Asset allocation
Show long & short position
Geographical breakdown
Continent or country allocation (%)
Market classification (%)
Stock style
Large value
40.19%
% Weight
Value
Core
Growth
Large
40
29
2
Medium
20
8
1
Small
0
0
0
Valuation
M&G Global Target Return Fund Sterling I Acc
Macro Trading GBP
9.32
1.11
0.89
6.49
Growth rate
M&G Global Target Return Fund Sterling I Acc
Macro Trading GBP
8.33%
5.13%
-3.62%
Top 10 holdings
1
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
10.49701
2
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
10.49333
3
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
10.1764
4
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
8.94677
5
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
7.33122
6
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
5.94171
7
United Kingdom of Great Britain and Northern Ireland 3.75%
Sector
-
Country
United Kingdom
% of assets
5.23815
8
United States Treasury Notes 1.375%
Sector
-
Country
United States
% of assets
3.99513
9
M&G Total Return Crdt Invmt A EUR Acc
Sector
-
Country
Luxembourg
% of assets
2.52774
10
United Kingdom of Great Britain and Northern Ireland 0%
Sector
-
Country
United Kingdom
% of assets
2.50033
Assets in top 10 holdings %
67.65%
Total no. of equity holdings
8.00
Total no. of bond holdings
18.00
Stock sectors
M&G Global Target Return Fund Sterling I Acc
Macro Trading GBP
44.13%
Basic materials
Con cyclical
Financial svs
Real estate
44.58%
Comm services
Energy
Industrials
Technology
11.29%
Con defensive
Healthcare
Utilities