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M&G Optimal Income 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 average return of the IA £ Strategic Bond Sector, over any five-year period.
SEDOL code B1H0560
ISIN GB00B1H05601
Fund code MEOII
Managers Richard Woolnough
Manager Tenure 14 years
Morningstar Category GBP Cautious Allocation
IMA Sector £ Strategic Bond
Fund Size £2,147 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.9%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.4461
Buy Price £1.4461
Price Change +0.1594%
Price Date 3rd July 2020
Yield 2.73%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 20th December 2011
Fund Status OPEN
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: 0.113%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -0.49% +3.43% +0.50% +10.32% +1.23% +0.85% +9.51% +10.03% +8.02% +8.69%
Benchmark Performance
(GBP Cautious Allocation)
+2.72% +3.33% +1.14% +7.25% +2.49%
Time Period Cumulative Benchmark Performance
(GBP Cautious Allocation)
Fund Compared to Benchmark
1 day 0.16% -0.36% +0.52%
1 week 0.61% +1.11% -0.50%
1 month 1.67% +7.25% -5.58%
3 months 8.87% -0.72% +9.59%
6 months -3.19% +0.97% -4.16%
1 year -0.51% +2.44% -2.95%
3 years 1.36% +3.68% -2.31%
5 years 3.02% +4.86% -1.84%
10 years 5.20% +3.52% +1.69%
YTD -3.11% +0.25% -3.36%
Since inception 6.17% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
United States Treasury Notes 0.12% USA 4.33%
Germany (Federal Republic Of) 0% DEU 3.37%
Germany (Federal Republic Of) 0% DEU 3.31%
Northern Trust Global Sterling E IRL 3.29%
Germany (Federal Republic Of) 0% DEU 2.68%
Germany (Federal Republic Of) 1.75% DEU 2.63%
Germany (Federal Republic Of) 0% DEU 2.49%
Germany (Federal Republic Of) 2% DEU 2.18%
Germany (Federal Republic Of) 3.25% DEU 2.12%
Germany (Federal Republic Of) 3% DEU 1.70%
Dividend Date Per share amount Reinvestment Price
1st April 2020 0.0165 £1.3329
1st October 2019 0.0246 £1.4739
1st April 2019 0.0244 £1.4636
1st October 2018 0.0245 £1.4697