• Search Funds
  • Model Portfolios
  • Provider
  • Sector
  • Manager

Search by provider name

Search by sector name

Search by manager name

Search by Risk Level

M&G Absolute Return Bond Fund I Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider M&G
Fund Summary The Fund targets a combined income and capital growth of at least three-month GBP LIBOR plus 2.5% a year over any three year period, before any charges and in any market conditions. Three-month GBP LIBOR is the rate at which banks borrow money from each other.The Fund aims to achieve this while seeking to minimise the degree to which the value of the Fund fluctuates over time, and also seeking to limit monthly losses. Managing the Fund in this way reduces its ability to achieve returns significantly above threemonth GBP LIBOR plus 2.5%.There is no guarantee that the Fund will achieve a positive return over any period, and investors may not get back the original amount they invested.
Fund code MGRII
Manager Tenure Currently unavailable
Morningstar Category Currently unavailable
IMA Sector Targeted Absolute Return
Fund Size £37 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 0.68%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.0018
Buy Price £1.0018
Price Change -0.02%
Price Date 22nd May 2019
Yield 3.07%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 13th December 2016
Fund Status OPEN

3-year Mean Monthly Return: Currently unavailable

Annual Returns 2018 2017
Fund Performance +1.86% +1.66%
Benchmark Performance
Time Period Cumulative Benchmark Performance
Fund Compared to Benchmark
1 day -0.02% +0.11% Currently unavailable
1 week 0.16% +0.20% Currently unavailable
1 month 0.19% +1.39% Currently unavailable
3 months 2.25% -0.83% Currently unavailable
6 months 3.92% -0.34% Currently unavailable
1 year 2.98% -1.88% Currently unavailable
3 years Currently unavailable -0.44% Currently unavailable
5 years Currently unavailable +0.70% Currently unavailable
10 years Currently unavailable +26.94% Currently unavailable
YTD 3.97% -0.41% Currently unavailable
Since inception 5.96% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Bpm2jbev8 Cds Eur R V 03mevent DEU 25.98%
Bpm2jcgr3 Cds Usd R V 03mevent USA 10.11%
Bpm2jhgw1 Cds Eur R V 03mevent DEU 6.66%
Bpm2mu5j9 Cds Eur R V 03mevent DEU 5.33%
Bpm2kzv77 Cds Eur R V 03mevent DEU 5.00%
Bpm2k5la7 Cds Usd R V 03mevent USA 4.46%
Bpm2jbhu7 Cds Eur R V 03mevent DEU 4.34%
Bpm1e4yx5 Cds Eur R F 1.00000 DEU 3.25%
Bpm2jbkd1 Cds Eur R V 03mevent DEU 3.18%
United States Treasury Notes 1.5% USA 2.12%
Dividend Date Per share amount Reinvestment Price
1st April 2019 0.0158 £0.9936
1st October 2018 0.0138 £0.9904
3rd April 2018 0.0122 £1.0042
2nd October 2017 0.0095 £1.0122
3rd April 2017 0.0052 £1.0086