M&G (Lux) Investment Funds 1 - M&G (Lux) Global Macro Bond Fund A EUR Acc
Sub-fund of M&G (LUX) Investment Funds 1 (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The fund aims to provide a combination of capital growth and income to deliver a return that is higher than that of the global bond market over any five-year period. Core investment: At least 80% of the fund is invested in bonds, including investment grade bonds, high yield bonds, unrated bonds and asset-backed securities. These bonds may be issued by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies. Issuers of these bonds may be located in any country, including emerging markets*, and denominated in any currency. Other investments: The fund can also invest in any currency, and cash or assets that can be turned quickly into cash. Use of derivatives: Derivatives may be used to invest indirectly in bonds. Derivatives may also be used to manage risks and reduce costs, as well as to offset the impact of changes in currency exchange rates on the fund’s investments. For more information on the types of bonds held and derivatives used, please refer to the Prospectus, which can be found by visiting www.mandg.com/ ireland-literature * Emerging market countries are defined as those included within the MSCI Emerging Markets Index and/or those included in the World Bank’s definition of developing economies, as updated from time to time. Strategy in brief: The fund is a flexible global bond fund. The investment manager selects investments based on an assessment of macroeconomic factors such as economic growth, interest rates and inflation. This analysis determines which areas of the global bond markets the investment manager believes the fund should invest in to achieve its objective. It also influences the subsequent selection of individual bond holdings, as well as the fund’s currency exposures. The investment manager is assisted in the selection of individual bonds by the deputy manager and an in-house team of analysts. Performance comparator: The fund is actively managed. The Bloomberg Barclays Global Aggregate Index is a point of reference against which the performance of the fund may be measured. Glossary terms Asset-backed securities: Bonds backed by assets that produce cashflows, such as mortgage loans, credit card receivables and auto loans. Bonds: Loans to governments and companies that pay interest. Derivatives: Financial contracts whose value is derived from other assets. High yield bonds: Bonds issued by companies considered to be riskier and therefore generally paying a higher level of interest. Investment grade bonds: Bonds with a medium or high credit rating from a recognised credit rating agency. They are considered to be at lower risk from default than bonds with lower credit ratings. Other information This fund allows the investment manager to make discretionary choices when deciding which investments should be held in the fund. You can buy and sell shares in the fund on any business day.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 11/12/201914.59
Morningstar categoryGlobal Bond
CurrencyEUR
Distribution statusAccumulating
ISINLU1670719613
Inception Date26/10/2018
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.47% of which 0.50% is paid by the Fund Manager to MeDirect
Fund management company
AddressM&G Luxembourg S.A. 16, boulevard Royal, Luxembourg L-2449 Luxembourg
Manager NameJim Leaviss
Manager Start Date26/10/2018
Websitewww.mandg.com
Total Net Assets (mil)690.11 EUR (30/11/2019)
UCITSYes
AdministratorState Street Bank International GmbH, Luxembourg Branch

Legal Documents

Prospectus
en 21/11/2019
Annual Report
en 31/03/2019
Semi Annual Report
en 30/09/2019
Morningstar Report
12/12/2019

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 year11.55%11/12/2019
Since launch4.84%11/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/201910.45%
1 month0.33%
3 months0.33%
6 months4.54%
Quarterly Returns
Q 1Q 2Q 3Q 4
20195.41%0.78%4.20%-
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond96.70%1.18%95.52%
Cash67.15%64.27%2.88%
Other1.60%0.00%1.60%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
4.413.604.38
Sharpe Ratio
1.320.370.08
Sortino Ratio
2.880.640.13
Positive Months8.0016.0031.00
Negative Months4.0020.0029.00
Worst Month-0.61-2.32-3.79
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 3% United States21.18
United States Treasury Notes 1% United States12.90
United States Treasury Bonds 3% United States3.08
Germany (Federal Republic Of) 0% Germany2.92
United States Treasury Notes 2% United States2.70
European Bank For Reconstruction & Development 2% Supranational2.11
Secretaria Tesouro Nacional 10% Brazil1.96
Canada (Government of) 2% Canada1.89
Russian Federation 8% Russia1.74
United Kingdom of Great Britain and Northern Ireland 2% United Kingdom1.50
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
14.59
Closing Price
All key information and documents must be reviewed before being able to Invest.