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Global Corporate Bond
M&G Global Corporate Bond Fund
Managed by M&G Securities LimitedPart of M&G Investment Funds (7)
Latest factsheet
Jul 2026
Fund size
£240.1m
Yearly charge
0.85%
Manager fee
–
Income yield
–
Holdings
253
Launched
19 Jan 2024
The fund aims to provide a total return (combined income and capital growth) that is higher than the Bloomberg Global Aggregate Corporate Index (GBP Hedged) over any five-year period. At least 80% of the fund is invested in high quality bonds issued by companies from anywhere in the world, denominated in any currency. Investments are selected based on an assessment of macroeconomic factors such as economic growth, interest rates and inflation. Spreading investments across issuers, industries and countries is an essential element of the fund’s strategy.
Ben Lord (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1Y | +1.50% | – | +2.80% | – |
| 3Y | +4.80% | – | +5.10% | – |
Portfolio breakdown
Sector
| Banking | 17.80% | |
| Sovereign | 14.20% | |
| Covered Bonds | 12.00% | |
| Utility | 8.00% | |
| Insurance | 7.10% | |
| Financial services | 6.20% | |
| Media | 5.30% | |
| Technology & electronics | 5.00% | |
| Consumer goods | 4.70% | |
| Healthcare | 3.70% | |
| Cash | 3.20% | |
| Capital goods | 2.30% | |
| Retail | 2.20% | |
| Basic industry | 1.70% | |
| Telecommunications | 1.50% | |
| Energy | 1.50% | |
| Foreign Sovereign | 1.10% | |
| Transportation | 0.90% | |
| Services | 0.70% | |
| Leisure | 0.30% | |
| Commercial Mortgage Backed | 0.10% | |
| Asset backed | 0.10% | |
| Automotive | 0.10% | |
| Real Estate | 0.10% | |
| Futures | 0.00% |
Geography
| US | 48.80% | |
| Other | 16.80% | |
| UK | 12.20% | |
| France | 5.40% | |
| Netherlands | 3.80% | |
| Australia | 3.30% | |
| Cash | 3.20% | |
| Japan | 2.40% | |
| Germany | 2.10% | |
| Spain | 1.90% |
Asset allocation
| Investment grade corporate bonds | 68.70% | |
| Government bonds | 15.30% | |
| Securitised | 12.30% | |
| Cash | 3.20% | |
| High yield corporate bonds | 0.40% | |
| Equities | 0.00% | |
| Other | 0.00% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Sterling A Acc | GB00BS44D044 | – | acc | – | – | 0.85% | £500 |
| Sterling A Inc | GB00BS44CQ32 | – | inc | – | – | 0.85% | £500 |
| Sterling I Acc | GB00BS44CS55 | – | acc | – | – | 0.45% | £500k |
| Sterling I Inc | GB00BS44CT62 | – | inc | – | – | 0.45% | £500k |
| Sterling L Acc | GB00BS44CV84 | – | acc | – | – | 0.25% | £20.0m |
| Sterling L Inc | GB00BS44CW91 | – | inc | – | – | 0.25% | £20.0m |
| Sterling R Acc | GB00BS44CN01 | – | acc | – | – | 0.70% | £500 |
| Sterling R Inc | GB00BS44CR49 | – | inc | – | – | 0.70% | £500 |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 22 Aug 2026 |