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M&G Global Convertibles Fund I Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderM&G Securities Ltd
Fund SummaryThe Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than the Thomson Reuters Global Focus Convertible Bond Index over any five-year period.
SEDOL codeB1Z6838
ISINGB00B1Z68387
Fund codeMGGVA
ManagersLeonard Vinville
Manager Tenure13 years
Morningstar CategoryConvertible Bond - Global
IMA SectorSpecialist
Fund Size£277 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.85%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£2.4744
Buy Price£2.4744
Price Change+0.235%
Price Date25th September 2020
Yield1.76%
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleYes
Inception Date4th February 2013
Fund StatusOPEN
Léonard Vinville joined M&G in 2002, and since then has been managing the convertibles allocation of the Prudential With Profit Life Fund. He has also been responsible for managing the M&G Global Convertibles Fund since its launch in July 2007. Both funds are run with the same investment approach and with an emphasis on generating strong risk-adjusted returns. Prior to joining M&G, Léonard was head of European convertibles at AGF Asset Management in Paris, where he managed convertibles and French equity mandates. He has an MBA and is qualified as a chartered accountant.

3-year Mean Monthly Return: 0.234%

Annual Returns2019201820172016201520142013201220112010
Fund Performance+8.03%+3.73%-1.99%+13.64%+14.55%+4.64%+3.34%+16.36%-6.70%+14.21%
Benchmark Performance
(Convertible Bond - Global)
+7.39%+2.71%+0.77%+12.33%+12.36%
Time PeriodCumulativeBenchmark Performance
(Convertible Bond - Global)
Fund Compared to Benchmark
1 day0.23%+13.16%-12.93%
1 week0.81%+1.61%-0.81%
1 month1.61%+3.88%-2.27%
3 months3.66%+14.62%-10.95%
6 months14.35%+10.48%+3.87%
1 year7.33%+6.23%+1.10%
3 years4.56%+9.30%-4.75%
5 years7.79%+6.06%+1.73%
10 years6.37%+6.18%+0.19%
YTD11.15%+0.15%+11.00%
Since inception7.10%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
Northern Trust Global US Dollar DIRL3.97%
PROOFPOINT, INC. 0.25%USA2.71%
Palo Alto Networks Inc 0.75%USA2.61%
JPMorgan Chase Bank, National Association 0%USA2.60%
Vinci SA 0.38%FRA2.48%
Booking Holdings Inc 0.75%USA2.25%
Akamai Technologies, Inc. 0.38%USA1.83%
Silicon Laboratories, Inc. 0.38%USA1.83%
ABIGROVE LIMITED 0%RUS1.80%
JPMorgan Chase Financial Company LLC 0.25%USA1.73%
Dividend DatePer share amountReinvestment Price
3rd February 20200.0606£2.2553
1st February 20190.0422£2.1187
1st February 20180.0368£2.1296