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M&G Optimal Income 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 average return of the IA £ Strategic Bond Sector, over any five-year period.
SEDOL codeB1H0571
Fund codeMGOTA
ManagersRichard Woolnough
Manager Tenure14 years
Morningstar CategoryGBP Cautious Allocation
IMA Sector£ Strategic Bond
Fund Size£2,147 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.9%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£2.2831
Buy Price£2.2831
Price Change+0.1712%
Price Date29th September 2020
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleYes
Inception Date4th February 2013
Fund StatusOPEN
Richard Woolnough joined M&G in January 2004 and is fund manager of the M&G Optimal Income Fund, the M&G Corporate Bond Fund and the M&G Strategic Corporate Bond Fund, three of the company's flagship fixed interest funds. Richard began his career at Lloyds Merchant Bank in 1985, moving to Italian insurer Assicurazioni Generali two years later, followed by SG Warburg. In 1995, he became a fund manager at Old Mutual. Richard graduated from the London School of Economics with a BSc in economics.

3-year Mean Monthly Return: 0.174%

Annual Returns2019201820172016201520142013201220112010
Fund Performance-0.50%+3.42%+0.51%+10.36%+1.21%+0.85%+9.51%+10.02%+8.04%+8.69%
Benchmark Performance
(GBP Cautious Allocation)
Time PeriodCumulativeBenchmark Performance
(GBP Cautious Allocation)
Fund Compared to Benchmark
1 day0.17%+0.31%-0.13%
1 week-0.35%+0.21%-0.56%
1 month-0.40%+0.82%-1.21%
3 months2.03%+7.65%-5.62%
6 months10.72%+0.38%+10.34%
1 year0.65%+2.53%-1.87%
3 years1.47%+4.04%-2.57%
5 years3.59%+4.38%-0.79%
10 years4.78%+3.50%+1.28%
Since inception6.16%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
United States Treasury Notes 0.12%USA3.25%
Germany (Federal Republic Of) 0%DEU2.65%
Germany (Federal Republic Of) 0.5%DEU2.15%
Germany (Federal Republic Of) 1.75%DEU1.84%
Germany (Federal Republic Of) 0%DEU1.75%
Microsoft Corporation 2.68%USA1.61%
Germany (Federal Republic Of) 0.1%DEU1.56%
Germany (Federal Republic Of) 0.1%DEU1.53%
Germany (Federal Republic Of) 2%DEU1.53%
Germany (Federal Republic Of) 2.25%DEU1.45%
Dividend DatePer share amountReinvestment Price
1st April 20200.0160£2.0769
1st October 20190.0270£2.2690
1st April 20190.0268£2.2159
1st October 20180.0257£2.1888