M&G Optimal Income I Acc GBP

ISIN: GB00B1H05718 | MEX: MGOIIA | CITI: J670

  • Buy 263.11 GBX

  • Sell 263.11 GBX

  • Price Change -0.19720%

Past Performance

  • 25th Apr 2020 to 25th Apr 202113.45%
  • 25th Apr 2021 to 25th Apr 2022-6.66%
  • 25th Apr 2022 to 25th Apr 20230.24%
  • 25th Apr 2023 to 25th Apr 20248.01%
  • 25th Apr 2024 to 25th Apr 20256.63%

Objectives and Approach

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 composite index, over any five-year period. The composite index is made up of one third Bloomberg Global Treasury Index GBP Hedged, one third Bloomberg Global Aggregate Corporate Index GBP Hedged and one third Bloomberg Global High Yield Index GBP Hedged.

Key Information

Inception 8th Dec 2006
Historic Yield 3.7624%
Sector IA Sterling Strategic Bond
Fund Size £1357.870mn
Fund Type OEIC
Classification Accumulation

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
0.7563%
Initial Charge 0%
AMC 0
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet
0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here
0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
0.7563%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      Current Comparators


      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        0.37% 2.75% 1.27% 6.63% 15.44% 22.25%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      142,848 bytes PDF Document; last updated 31 Mar 2025
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      69,913 bytes PDF Document; last updated 14 Feb 2025
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      321,812 bytes PDF Document; last updated 30 Sep 2024
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      2,291,546 bytes PDF Document; last updated 01 Nov 2024

      Management Team

      Richard Woolnough Stefan Isaacs

      Richard Woolnough has managed this fund for 18 years and 4 months.

      Richard Woolnough Richard Woolnough joined M&G in January 2004 and is Richard Woolnough manages Optimal Income, Corporate Bond and Strategic Corporate Bond, three of M&G’s flagship fixed income strategies. Richard, who joined M&G in January 2004, 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.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Richard

      Name of Security Sole/Co Managed Since
      M&G CorporateBond Co Feb 2004
      M&G CorporateBond Co Feb 2004
      M&G (Lux) Opti Inc Co Sep 2018
      M&G Optimal Income Co Dec 2006
      M&G Strategic Corp Bd Co Feb 2004
      M&G Optimal Income Co Dec 2006
      M&G CorporateBond Co Feb 2004
      M&G Strategic Corp Bd Co Feb 2004
      M&G Optimal Income Co Dec 2006
      M&G CorporateBond Co Feb 2004
      M&G Strategic Corp Bd Co Feb 2004
      M&G Strategic Corp Bd Co Feb 2004

      Stefan Isaacs has managed this fund for 18 years and 4 months.

      Stefan Isaacs Stefan Isaacs is Deputy CIO of Public Fixed Income and Head of M&G's Wholesale Fixed Income business. He joined M&G as a graduate in 2001 and was subsequently promoted to corporate bond dealer specialising in high yield bonds and euro-denominated credit. He was appointed fund manager of the M&G European corporate bond strategy in April 2007. Since 2010, he has also been managing a number of high yield and high yield ESG strategies in London and in Luxembourg.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Stefan

      Name of Security Sole/Co Managed Since
      M&G Gbl Hi Yield Bd Co Sep 2010
      M&G GblFlRtHiY Co Sep 2014
      M&G (L)SusGHYBd Co Aug 2024
      M&G Gbl Hi Yield Bd Co Sep 2010
      M&G (Lux) Opti Inc Co Sep 2018
      M&G Optimal Income Co Dec 2006
      M&G ESGSGHYB Co Aug 2024
      M&G Optimal Income Co Dec 2006
      M&G GblFlRtHiY Co Sep 2014
      M&G Gbl Hi Yield Bd Co Sep 2010
      M&G GblFlRtHiY Co Sep 2014
      M&G Gbl Hi Yield Bd Co Sep 2010
      M&G (L)SusGHYBd Co Aug 2024
      M&G Optimal Income Co Dec 2006
      M&G ESGSGHYB Co Aug 2024
      M&G GblFlRtHiY Co Sep 2014

      Investment involves risk. You may get back less than invested.