M&G Global Government Bond Fund Euro A Inc
M&G Investment Funds (3) (Open Ended Investment Company domiciled in United Kingdom)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The fund aims to provide a combination of capital growth and income. Core investment: At least 70% of the fund is invested in high quality bonds issued or guaranteed by governments from anywhere in the world. Other investments: The fund may invest in lower quality bonds issued by governments or guaranteed by governments, other funds and cash or assets that can be turned into cash quickly. Derivatives: The fund may invest via derivatives and use derivatives to reduce the risks and costs of managing the fund. Strategy in brief: The fund manager selects investments based on an assessment of macroeconomic factors such as economic growth, interest rates and inflation. This analysis determines the individual government bonds from different countries in which the manager believes the fund should invest in order to achieve its objective. It also influences the currencies to which the fund is exposed. The fund manager is assisted in the selection of individual government bonds by the deputy fund manager and an in-house team of analysts. The fund is diversified by investing in a range of government bonds from across the globe. Benchmark: IA Global Bonds sector The benchmark is a comparator against which the fund’s performance can be measured. The sector has been chosen as the fund's benchmark as the fund is a constituent of the sector. The benchmark does not constrain the fund's portfolio construction. The fund is actively managed. The fund manager has complete freedom in choosing which investments to buy, hold and sell in the fund. For unhedged and hedged share classes, the benchmark is shown in the share class currency. You can find more information about the objective and investment policy of the fund in the Prospectus. You can find an explanation of some of the terms used in this document in the glossary at https://docs.mandg.com/docs/glossary-master-en.pdf Other information You can buy and sell shares in the fund on any business day. Instructions received before 11.30 CET will be dealt at that day’s price. Any income from the fund may be paid out to you semi-annually. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. These can be higher when investing outside Europe. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 5 years.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 03/12/202011.30
Morningstar categoryGlobal Bond
CurrencyEUR
Distribution statusDistributing
ISINGB00BMP3RW82
Inception Date22/08/2014
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.05% of which 0.34% is paid to MeDirect
Fund management company
AddressM&G Securities Ltd 10 Fenchurch Avenue London EC3M 5AG United Kingdom
Manager NameClaudia Calich
Manager Start Date06/07/2015
Websitewww.mandg.co.uk
Total Net Assets (mil)238.86 EUR (30/11/2020)
UCITSYes
AdministratorSS&C Financial Services Europe Limited

Documents

Prospectus
en 27/11/2020
Annual Report
en 30/06/2020
Semi Annual Report
en 31/12/2019
Morningstar Report
04/12/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-1.90%03/12/2020
3 years2.71%03/12/2020
5 years2.67%03/12/2020
Since launch4.52%03/12/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-2.21
1 month-0.09
3 months-0.67
6 months-1.47
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-3.93%3.55%-2.13%-
20194.67%2.09%4.25%-0.67%
2018-1.35%0.02%-0.28%1.84%
20172.49%-3.72%-1.39%-0.19%
20163.52%6.78%1.56%-1.54%
Dividend
Date ex dividendGross dividendPayment Date
02/01/20200.2029/02/2020
02/01/20190.1928/02/2019
02/01/20180.1928/02/2018
03/01/20170.2028/02/2017
04/01/20160.0729/02/2016
02/01/20150.0028/02/2015

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond98.93%0.00%98.93%
Cash6.37%5.73%0.64%
Other0.42%0.00%0.42%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.196.446.82
Sharpe Ratio
0.680.250.63
Sortino Ratio
0.940.340.94
Positive Months7.0024.0039.00
Negative Months5.0012.0021.00
Worst Month-6.20-6.20-6.20
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 3.12% United States9.96
United States Treasury Bonds 3.12% United States6.92
Japan (Government Of) 2.1% Japan6.11
Japan (Government Of) 0.1% Japan4.69
Germany (Federal Republic Of) 0.25% Germany3.53
Russian Federation 8.15% Russia2.00
Italy (Republic Of) 6% Italy1.76
Pt Hutama Karya Persero 3.75% Indonesia1.63
Indonesia (Republic of) 8.25% Indonesia1.63
Republic of Singapore 1.25% Singapore1.56
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
11.30
Closing Price
All key information and documents must be reviewed before being able to Invest.