• 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 Global Convertibles Fund I Inc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider M&G Securities Ltd
Fund Summary The 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 code B758PJ1
ISIN GB00B758PJ12
Fund code MGGVI
Managers Leonard Vinville
Manager Tenure 13 years
Morningstar Category Convertible Bond - Global
IMA Sector Specialist
Fund Size £277 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.85%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £15.0771
Buy Price £15.0771
Price Change +0.3735%
Price Date 21st September 2020
Yield 2.60%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 4th February 2013
Fund Status OPEN
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: 0.233%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance +8.00% +3.71% -1.99% +13.58% +14.55% +4.65% +3.36% +16.79% -7.26% +13.52%
Benchmark Performance
(Convertible Bond - Global)
+7.39% +2.71% +0.77% +12.33% +12.36%
Time Period Cumulative Benchmark Performance
(Convertible Bond - Global)
Fund Compared to Benchmark
1 day 0.37% +12.55% -12.17%
1 week 0.20% +2.19% -1.99%
1 month 1.69% +3.25% -1.56%
3 months 1.56% +15.53% -13.97%
6 months 13.17% +9.95% +3.21%
1 year 6.69% +5.75% +0.93%
3 years 4.34% +9.13% -4.79%
5 years 7.91% +5.99% +1.92%
10 years 6.07% +6.23% -0.16%
YTD 10.64% +0.21% +10.43%
Since inception 6.85% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Northern Trust Global US Dollar D IRL 3.97%
PROOFPOINT, INC. 0.25% USA 2.71%
Palo Alto Networks Inc 0.75% USA 2.61%
JPMorgan Chase Bank, National Association 0% USA 2.60%
Vinci SA 0.38% FRA 2.48%
Booking Holdings Inc 0.75% USA 2.25%
Akamai Technologies, Inc. 0.38% USA 1.83%
Silicon Laboratories, Inc. 0.38% USA 1.83%
ABIGROVE LIMITED 0% RUS 1.80%
JPMorgan Chase Financial Company LLC 0.25% USA 1.73%
Dividend Date Per share amount Reinvestment Price
3rd February 2020 0.5045 £13.8009
1st February 2019 0.4030 £13.4432
1st February 2018 0.3691 £13.9204