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M&G Global Macro Bond

Ranked 11 out of 32 in - Global Flexible over 12 months
All calculations are in EUR unless stated

Managed by

Jim Leaviss

Jim Leaviss' financial career started at the Bank of England in 1992 as a money market trader and an economist. He joined M&G in 1997 where he is a fund manager and head of retail fixed interest. His investment style is characterised by a top-down approach, with active management of duration and the yield curve. Jim graduated from Manchester University gaining a BA in economics and is a member of UKSIP. Outside of work he enjoys music and cycling.

Objective

The Fund's objective is to maximise long term total return. The Fund invests mainly in debt instruments on a global basis which include, but are not limited to, variable rate securities, fixed interest securities, sovereign debt and corporate debt. The Fund's exposure to debt instruments may be gained through the use of derivatives. The Fund may also invest in other assets including collective investment schemes, money market instruments, cash and near cash, deposits, other transferable securities and derivatives. The fund manager selects investments based on an assessment of macroeconomic factors such as economic growth, interest rates and inflation. This analysis determines which areas of the global bond markets the manager believes the fund should invest in to achieve its objective

Showing fund performance in Ireland View performance globally

Performance

Global Flexible over : 31/03/2017 - 31/03/2018
  • Rank 11/32 Total Return
  • Rank 21/32 Standard Deviation
  • Rank 7/32 Max Drawdown
Fund Name Currency Return
9 London & Capital Global Growth Fixed Inc X EUR Inc EUR

3.1%

10 Plurima Apuano Flexible Bond A Retail Plus EUR

2.9%

11 M&G Global Macro Bond EUR C-H Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5%

12 PIMCO GIS Diversified Income Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.0%

13 PIMCO GIS Diversified Income Dur Hdg E EUR H Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9%

Fund Name Currency Risk
19 Plurima Apuano Flexible Bond A Retail Plus EUR

2.1

20 Vontobel Fd TwentyFour Strat Income Fd AQHN EUR EUR

2.1

21 M&G Global Macro Bond EUR C-H Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

22 Legg Mason WA Global Multi Strat A Acc H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.2

23 Gam Star Tactical Opportunities Inst EUR Acc EUR

2.4

Fund Name Currency Loss
5 Neuberger Berman Global Oppc Bond EUR I Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.0%

6 Plurima Apuano Flexible Bond A Retail Plus EUR

-1.2%

7 M&G Global Macro Bond EUR C-H Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

8 Vontobel Fd TwentyFour Strat Income Fd AQHN EUR EUR

-1.2%

9 Franklin Flexible Alpha Bond I (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

9 BGF Strategic Global Bond E2 EUR hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 0.5%
2017 3.5% 1.5% 1.3% 0.6% 0.1%
2016 3.5% 3.9% 1.6% -0.2% -1.8%
2015 -1.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Portugal
  13. Spain
  14. Sweden
  15. Switzerland

Fund Info

  • Launch date07/08/2015
  • Base currencyEUR
  • ISIN GB00BVYJ0V07
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment50,000

Charges

  • Annual management0.65%
  • Initial investment1.25

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M&G’s Leaviss: physical cash negates negative rates pain

The head of retail fixed interest says the ability to store real money means investors can swerve the adverse effects of central bank policies. 

Outlook 2016: volatility to create opportunities for FI investors

With yields at their historic lows and liquidity concerns once again rising to the fore, bond investors share their expectations for the year ahead.

Negative rates could spell end of paper money, says M&G’s Leaviss

Investment firm's head of retail fixed interest believes countries such as Denmark and Switzerland are paving the way for a significant shift.

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