Fund Summary Quick Stats Citi Code 0KNZ FE Crown Rating Price Date 11/01/2019 ISIN Code SEDOL Code GB00B78PGS53 B78PGS5 Morningstar Analyst Rating Silver Mid Price 146.57p (-1.05p) S&P Capital IQ Grading Gold Bid Price Sector Global Bonds FE Risk Score Offer Price Benchmark No Specified Index Yield 2.99% Pricing Frequency Daily Domicile United Kingdom Type Accumulation Launch Date 16/12/2011 Legal Structure OEIC Factsheet Frequency 12 per year ISA Eligible Fund Size $1,125.9M as at 30/11/2018 Fund Currency GBX (Pence) Top 10 Activity Minimal Fund Objective The Fund s objective is to maximise long term total return (the combination of income and growth of capital). Purchase & Other Information Min. Investment 500000 - Min. Top-up 10000 Standard Initial Charge Clean Share Class 0.00% Yes AMC 0.65% OCF 0.82% as at 31/10/2018 FMF Compliant UCITS IV Compliant Dividend Date Feb 01, May 01, Aug 01, Nov 01 For Sale In United Kingdom, Singapore Manager Information Name Since Biography Jim Leaviss (Lead Manager) Claudia Calich (Deputy Manager) 15/10/1999 01/07/2015 Jim Leaviss is Head of M&G's Fixed Interest team, joining M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim also manages the M&G (Lux) Global Macro Bond Fund and is comanager of the M&G (Lux) Absolute Return Bond Fund and deputy manager of the M&G Global Government Bond Fund (UK-authorised OEIC). Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and was appointed fund manager of the M&G (Lux) Emerging Markets Hard Currency Bond Fund at its launch in May 2017. She has been fund manager of the M&G Emerging Markets Bond Fund since December 2013. She was also appointed fund manager of the M&G Global Government Bond Fund and deputy manager of the M&G Global Macro Bond Fund in July 2015. Claudia has over 20 years of experience in emerging markets, most recently as a senior portfolio manager at Invesco in New York, with previous positions at Oppenheimer Funds, Fuji Bank, Standard & Poor s and Reuters. Claudia graduated with a BA honours in economics from Susquehanna University in 1989 and holds an MA in international economics from the International University of Japan in Niigata. Additional Comment Claudia Calich is an FE Alpha Manager who has maintained a consistently high alpha score over a proven track record in rising and falling markets.
Fund Performance Performance Chart in (GBX) Percentage Change (%) 38.00 36.00 34.00 32.00 30.00 28.00 26.00 24.00 22.00 20.00 18.00 16.00 14.00 12.00 10.00 8.00 6.00 4.00 2.00 0.00 Key A - TR [34.93%] B - IA Global Bonds TR [24.17%] -2.00 Feb 14 May Aug Nov Feb 15 May Aug Nov Feb 16 May Aug Nov Feb 17 May Aug Nov Feb 18 May Aug Nov A B 10/01/2014-11/01/2019 Powered by data from FE Cumulative Performance (GBX) 3 Months 6 Months 1 Year 3 Years 5 Years Fund 6.60% 4.62% 4.36% 24.12% 34.93% Sector 2.47% 1.44% 0.71% 18.72% 24.17% Relative to Sector 4.04% 3.14% 3.62% 4.55% 8.66% Rank in Sector 7 / 182 14 / 182 40 / 180 71 / 165 46 / 142 Fund Quartile 1 1 1 2 2 Performance by Calendar Year in (GBX) YTD 2018 2017 2016 2015 Fund 1.15% 3.69% -3.83% 25.28% 0.85% Sector 0.59% 0.22% 2.03% 16.79% -0.93% Relative to Sector 0.56% 3.46% -5.75% 7.26% 1.79% Rank in Sector 41 / 181 44 / 180 140 / 168 43 / 165 64 / 156 Fund Quartile 1 1 4 2 2 Discrete Annual Performance to Last Quarter End (GBX) 0-12m 12m-24m 24m-36m 36m-48m 48m-60m Fund 3.69% -3.83% 25.28% 0.85% 6.02% Sector 0.22% 2.03% 16.79% -0.93% 4.82% Relative to Sector 3.46% -5.75% 7.26% 1.79% 1.15% Rank in Sector 44 / 180 140 / 168 43 / 165 64 / 156 58 / 142 Fund Quartile 1 4 2 2 2 Fund Price Movement (GBX) 12 Month High 148.47 (Pence) 12 Month Low 133.21 (Pence) Annualised Ratios Over 36 Months Alpha Beta Sharpe r2 Volatility Fund -0.20 1.31 0.48 0.82 8.77 Fund Quartile 3 3 1 2 4 FE Risk Score Chart Over 1 Year FE Risk Score 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 Jan 18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 19 Key A - IA Global Bonds [37] B - M&G - [31] 12/01/2018-11/01/2019 Powered by data from FE A B
Fund MIFID Details MIFID Information Cost & Charges Reporting Date 31/10/2018 One Off Entry Cost 0.00% One Off Typical Exit Cost 0.00% Ongoing Cost Ex-Ante 0.81% Transaction Cost Ex-Ante 0.26% Incidental Cost Ex-Ante 0.00% Investor Type Retail Investor Yes Professional Investor Yes Eligible Counterparty Yes Knowledge and/or Experience Basic Investor Yes Informed Investor Yes Advanced Investor Yes Ability to Bear Losses No Capital Loss No Limited Capital Loss Neutral No Capital Guarantee Yes Loss Beyond Capital Neutral Client Objectives & Needs Growth Yes Income Neutral Hedging Neutral Preservation Neutral Option or Leveraged Return Neutral Other Neutral Time Horizon 5 Distribution Strategy Execution Only Both Execution Only with Appropriateness or Non Advised Services Portfolio Management Both Both Investment Advice Both
Fund Dividend History Fund Dividend History XD Date Pay Date Distribution Equalization Payment Period Type Interest or Dividend 01/11/2018 31/12/2018 0.9202 0.394 Final No Tax 01/08/2018 28/09/2018 0.9197 0.4494 Interim No Tax 01/05/2018 29/06/2018 0.7207 0.3795 Interim No Tax 01/02/2018 29/03/2018 0.6299 0.2779 Interim No Tax 01/11/2017 29/12/2017 0.4572 0.2377 Final No Tax 01/08/2017 29/09/2017 0.5947 0.3317 Interim No Tax 02/05/2017 30/06/2017 0.5845 0.278 Interim No Tax 01/02/2017 31/03/2017 0.4852 0.2329 Interim Interest 01/11/2016 30/12/2016 0.5056 0.2557 Final Interest 01/08/2016 30/09/2016 0.4852 0.2709 Interim Interest 03/05/2016 30/06/2016 0.654 0.4257 Interim Interest 01/02/2016 31/03/2016 0.4488 0.1931 Interim Interest 2015 1.0976 0.5824 2014 1.28 0.7024 2013 1.4428 0.9637 2012 1.7026 0.7211 2011 1.292137 0.5288 2010 1.975665 0.8218 2009 2.065813 0.8369 2008 1.606391 0.7043 2007 1.196382 0.5781 2006 1.484074 1.4026 2005 1.49762 1.4154 2004 1.583006 0 2003 2.00984 0 2002 0.159137 0
Fund Holding Breakdown Top 10 Holdings as at November 30, 2018 1 2 3 4 5 6 7 8 9 UNITED STATES OF AMER TREAS NOTES 2.75% NTS 15/11/23 USD1000 UNITED STATES OF AMER TREAS BILLS 2.75% TNT 15/02/28 USD100 UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/24 USD1000 UNITED STATES OF AMER TREAS NOTES 2.375% BDS 31/12/20 USD1000 GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.01 EUROPEAN BK RECON & DEV FR GBL NTS 19/11/20 USD1000 AUSTRALIAN GOVT LOANS(CMNWLTH OF) 3% LN STK 21/03/47 AUD100 BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL1000 RUSSIAN FEDERATION MINISTRY FINANCE 8.15% BDS 03/02/27 RUB1000 Sector Ranking* 10.61 n/a 9.99 n/a 5.66 n/a 4.41 n/a 4.11 n/a 2.13 n/a 1.91 n/a 1.84 n/a 1.50 n/a 10 MALAYSIA (FEDERATION OF) 1.38 n/a Total 43.54 * This is the holding ranking within the fund sector composite portfolio (calculated from all available concurrent full portfolios of funds within the sector). Current Concentration Analysis as at November 30, 2018 Relative Concentration Analysis as at November 30, 2018 Total Holdings in portfolio 174 Portfolio Representation by % Top 5 Holdings 34.78 Top 10 Holdings 43.54 Top 20 Holdings 54.21 Top 30 Holdings 62.19 Top 50 Holdings 72.58 Top 100 Holdings 88.69 Percentage 100.0 90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 0 10 20 30 40 50 60 70 80 90 100 Top Holdings Other Breakdown Information Portfolio Turnover Ratio (%) 170.15 (Dec 31, 2011) Fund Sector Average Sector Min Sector Max Sector Weightings as at November 30, 2018 1 GOVERNMENT BONDS 58.86 2 BANKS 17.39 3 ASSET/MORTGAGE-BACKED SECURITIES 5.92 4 FIXED INTEREST 4.38 5 TELECOM, MEDIA & TECHNOLOGY 3.43 6 BASIC MATERIALS 1.84 7 AUTOMOTIVE 1.82 8 MONEY MARKET 1.54 9 INDUSTRIALS 1.41 10 OTHERS 3.42
Fund Holding Breakdown Region Weightings as at November 30, 2018 1 NORTH AMERICA 44.81 2 EUROPE EX UK 16.86 3 UK 12.48 4 AMERICAS 10.91 5 PACIFIC BASIN 6.80 6 INTERNATIONAL 4.38 7 AUSTRALASIA 2.13 8 MIDDLE EAST/ AFRICA 1.51 9 ASIA PACIFIC 0.19 10 MONEY MARKET -0.08 Asset Weightings as at November 30, 2018 1 GLOBAL FIXED INTEREST 51.48 2 UK FIXED INTEREST 12.48 3 AMERICAN EMERGING FIXED INTEREST 6.68 4 FIXED INTEREST 4.38 5 ASIA PACIFIC EMERGING FIXED INTEREST 2.29 6 MONEY MARKET 1.54 7 OTHERS 21.14 Currency Weightings as at November 30, 2018 1 US DOLLAR 57.78 2 EURO 14.58 3 BRITISH POUND 7.47 4 AUSTRALIAN DOLLAR 2.98 5 INDONESIAN RUPIAH 2.29 6 BRAZILIAN REAL 1.84 7 RUSSIAN ROUBLE 1.50 8 MALAYSIAN RINGGIT 1.38 9 INDIAN RUPEE 1.18 10 OTHERS 8.99
Fund Holding Breakdown Credit Rating Weightings as at November 30, 2018 1 AA 33.90 2 BBB 23.92 3 AAA 15.37 4 A 9.37 5 BB 9.19 6 B 5.25 7 MONEY MARKET 1.54 8 NON-RATED 0.91 9 CCC 0.54
Fund Historical Breakdown Fund Size ($) Sector Weightings Percentage 100% 90% 80% 70% 60% 50% 40% Government Bonds Banks Asset/Mortgage-Backed Securities Fixed Interest Telecom, Media & Technology Basic Materials Automotive Money Market Industrials Others 30% 20% 10% 0% Apr 16 Jun Aug Oct Dec Feb 17 Apr Jun Aug Oct Dec Feb 18 Apr Jun Aug Oct 31/03/2016-30/11/2018 Powered by data from FE Region Weightings Percentage 100% 90% 80% 70% 60% 50% 40% North America Europe ex UK UK Americas Pacific Basin International Australasia Middle East/ Africa Asia Pacific Others 30% 20% 10% 0% Apr 16 Jun Aug Oct Dec Feb 17 Apr Jun Aug Oct Dec Feb 18 Apr Jun Aug Oct 31/03/2016-30/11/2018 Powered by data from FE
Fund Historical Breakdown Asset Weightings 100% 90% 80% 70% Global Fixed Interest UK Fixed Interest American Emerging Fixed Interest Fixed Interest Asia Pacific Emerging Fixed Interest Money Market Others Percentage 60% 50% 40% 30% 20% 10% 0% Apr 16 Jun Aug Oct Dec Feb 17 Apr Jun Aug Oct Dec Feb 18 Apr Jun Aug Oct 31/03/2016-30/11/2018 Powered by data from FE
Fund Life Mirrors as a Life Fund Fund Name Standard Initial Charge Annual Management Charge HIL (S2) M&G Global Macro Bond USD 1.50 HIL M&G Global Macro Bond S1 USD 1.00 Fund Size (m) OMW M&G Global Macro Bond 3.66 ReAssure M&G Global Macro Bond GWEB
Fund Pension Mirrors as a Pension Fund Fund Name Standard Initial Charge Annual Management Charge Fund Size (m) OMW M&G Global Macro Bond 2.55 ReAssure M&G Global Macro Bond PPB Pn Stan Life M&G Global Macro Bond Pn 1.60 4.20