M&G Corporate Bond X Inc

Ranked 86 out of 113 in - Sterling Corporate Bond over 12 months
All calculations are in GBP unless stated

Managed by

Richard Woolnough

Richard Woolnough has more than twenty years of experience in fixed interest investment. Born in Chesterfield in 1964, Woolnough graduated from the London School of Economics and started his fixed interest career with Italian group Assicurzioni Generali in 1987. He then joined SBC Warburg as a sterling instruments trader before moving to Old Mutual in 1995 where he was responsible for the Old Mutual Corporate Bond fund and Old Mutual UK Fixed Interest long-term bond fund. Woolnough made the switch to M&G Investments early in 2004 to take charge of the firm’s Corporate Bond fund. He currently manages this and the Strategic Corporate Bond fund which was launched in February 2004. Both the Corporate Bond fund and the Strategic Corporate Bond fund invest mostly in investment grade corporate bonds, although the Strategic Corporate Bond fund holds far fewer stocks, and takes larger duration and credit positions. Woolnough also manages the M&G Optimal Income fund, which can invest wherever the manager sees best value in the fixed income universe.

Objective

At least 70% of the Fund is invested in sterling-denominated corporate debt instruments. The Funds exposure to corporate debt may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management. Any currency exposures within the Fund may be managed by currency hedges into sterling. The Fund may also invest in collective investment schemes, other transferable securities and other debt instruments (including corporate debt and government and public securities denominated in any currency), cash, near cash, other money market securities, warrants and other derivative instruments.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Corporate Bond over : 31/05/2018 - 31/05/2019
  • Rank 86/113 Total Return
  • Rank 59/113 Standard Deviation
  • Rank 88/113 Max Drawdown
Fund Name Currency Return
84 Epworth Affirmative Corporate Bond for Charities GBP

2.8%

85 M&G Offshore Corporate Bond GBP

2.8%

86 M&G Corporate Bond X Inc GBP

2.7%

87 BMO Corporate Bond 1 Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7%

88 Fidelity Duration 5 Feeder GBP

2.7%

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 3.9%
2018 -3.0% -1.5% -0.6% 0.1% -1.1%
2017 5.0% 1.8% 1.1% 0.2% 1.8%
2016 8.5% 2.6% 2.9% 5.5% -2.6%
2015 0.0% 2.5% -3.4% 0.6% 0.5%
2014 10.9% 3.5% 1.4% 1.9% 3.6%
2013 0.3% 0.7% -2.2% 1.9% 0.0%
2012 12.1% 3.0% 1.7% 4.0% 2.9%
2011 9.6% 1.1% 2.6% 2.3% 3.4%
2010 7.7% 3.8% 1.9% 5.3% -3.2%
2009 19.1% 1.5% 6.9% 8.7% 1.0%
2008 -0.4% -1.9% -1.4% 1.4% 1.5%
2007 2.6% -0.3% -2.2% 1.6% 3.6%
2006 0.7% -0.8% -0.9% 2.8% -0.3%
2005 8.1% 0.1% 4.7% 0.8% 2.4%
2004 6.5% 0.7% -1.7% 4.0% 3.6%
2003 6.1% 1.0% 3.9% -0.1% 1.2%
2002 6.2% 0.8% 1.2% 3.2% 0.8%
2001 5.4% 1.5% -0.5% 3.2% 1.1%
2000 8.3% 1.9% -0.4% 3.0% 3.6%
1999 -0.3% 1.5% -2.1% -1.9% 2.2%
1998 15.3% 4.0% 2.6% 3.0% 4.9%
1997 18.3% 1.9% 6.5% 6.0% 2.8%
1996 9.5% -3.7% 4.1% 4.4% 4.6%
1995 18.3% 3.6% 2.9% 3.9% 6.8%
1994 -0.2% 3.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Switzerland
  2. United Kingdom

Fund Info

  • Launch date15/04/1994
  • Share Class size839Mn
  • Base currencyGBP
  • ISIN GB0031285892

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment100

Charges

  • Annual management1.00%
  • Initial investment0.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).